Helping America Navigate a New Energy Reality

The state of new oil & gas exploration

By on 5 Sep 2016 in quotes

New discoveries from conventional drilling are “at rock bottom.  There will definitely be a strong impact on oil and gas supply, and especially oil.”

Nils-Henrik Bjurstroem, manager with Oslo-based consultants Rystad Energy

“…seriously, there is no exploration going on today.”

Per Wullf, CEO of offshore drilling company Seadrill Ltd.

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