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

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.