WP_Post Object ( [ID] => 293312 [post_author] => 103 [post_date] => 2023-08-03 02:40:00 [post_date_gmt] => 2023-08-03 02:40:00 [post_content] =>

Despite the fact that conventional oil and gas exploration spending is expected to top $50bn this year, the highest level since 2019, discovered volumes are plummeting to new lows. Norwegian energy intelligence firm Rystad Energy has estimated that 2.6bn barrels of oil equivalent (boe) were found in the first half of 2023, down 42% compared …

[post_title] => Oil and gas discoveries plummet to new lows despite increased spending [post_excerpt] => Despite the fact that conventional oil and gas exploration spending is expected to top $50bn this year, the highest level since 2019, discovered volumes are plummeting to new lows. Norwegian energy intelligence firm Rystad Energy has estimated that 2.6... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => oil-and-gas-discoveries-plummet-to-new-lows-despite-increased-spending [to_ping] => [pinged] => [post_modified] => 2023-08-03 02:40:00 [post_modified_gmt] => 2023-08-03 02:40:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=190836 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )