WESTWOOD: CONVENTIONAL EXPLORATION CAN COMPETE WITH US SHALE

摘要

Conventional exploration can be competitive versus US shale in full cycle breakeven costs. That is the analysis from a recent report from Westwood Global Energy Group's E&A Research team. The report examines five years of global high impact exploration as well as benchmarking the performance of 40 international E&P companies and 991 completed conventional wildcat wells at a total drilling cost of $43.5 billion.