Global Upstream Oil & Gas Activity to Remain High

摘要

World upstream oil and gas activity is expected to remain at a high level in the coming years, with annual well drilling increasing from 103,000 wells in 2013 to more than 115,000 wells in 2018. Although a sharp decline in oil prices in late 2014 and early 2015 may restrain the upstream industry in the near term, global economic growth will support energy demand. Some of the best upstream opportunities will be for natural gas.