A recent conference examined winning strategies for exploration companies. Despite the cliche that "lower for longer" is quickly becoming, its impact on the oil and gas industry is becoming increasingly clear - the way business was done five years ago is unlikely to be sustainable again anytime soon. Given that somewhat harsh reality, much of the discussion at the recent European Association of Geoscientists and Engineers (EAGE) conference revolved around the new business paradigm. What does a successful business look like these days?
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