670,000 wells needed' by 2020

摘要

Between 2014 and 2020 the global oil and gas industry will need to drill more than 670,000 wells in order to meet forecasts of oil and gas demand, says a new report. The 'World Development Drilling & Production Forecast' report by consultants Douglas-Westwood (DW) said that in 2013 oil and gas development wells drilled totalled more than 79,000 but "in 2020 well numbers will need to exceed 106,000".