Helping America Navigate a New Energy Reality

Head of exploration research at Wood Mackenzie on conventional oil exploration

By on 28 Nov 2016 in quotes with 0 Comments

“People do tend to look at the total volumes [of conventional oil] being added in recent years and conclude that we are running out of subsurface potential, I find that unlikely. It’s our view that conventional exploration is a perfectly viable growth and renewal option, particularly for those that are good at it. In reality, a lot of exploration’s recent decline is nothing more than the fact that it’s drilling fewer wells in the downturn.”

Andrew Latham, head of exploration research at Wood Mackenzie

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