670,000+ wells to be drilled throueh 2020

摘要

Oil and gas development wells drilled around the world will need to exceed 106,000 per year by 2020 in order to meet global hydrocarbon demand, Douglas-Westwood stated in its World Development Drilling & Production Forecast. This compares with more than 79,000 such wells drilled in 2013. More than 670,000 oil and gas wells will need to be drilled through 2020. Global oil consumption rose by 8% from 2004 to 2012, while gas consumption rose by 24% over the same period, according to BP's 2013 Statistical Review. Many countries are seeking cleaner energy-generation solutions and are moving away from coal and oil to natural gas. Natural gas is set to become ever more available as LNG technology continues to evolve and infrastructure is developed. This is especially the ease in Asia, where expanding economies necessitate a larger gas supply.