Welligence Norway Rumblings on the Ground | New play exploration is down, but is it out?

December 2, 2022

Last week, the Welligence team attended the NCS Exploration Strategy Conference in Stavanger, Norway. As part of the event, we delivered a presentation in the keynote session reviewing exploration performance and looking at some of the drivers for near field exploration drilling. Many E&Ps showcased their near-term upstream strategies, with most having growth plans incorporating a combination of exploration and M&A.