20 wildcats to watch in 2019 Report

Insight 22 January 2019

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Report summary

The exploration industry is back making double-digit returns, and explorers are aiming to make this return to profitability sustainable. In 2019, we expect exploration and appraisal drilling to stay at similar levels to 2018, with over 400 exploration and 100 appraisal wells planned for the year so far. In this new era of lean, lower-spend, value-focused exploration, which wildcats do we think you should be watching in 2019?

Majors continue to dominate the top 20
Frontier deepwater has the highest impact
Oil is the main target
Key appraisal wells are also worth watching
Unconventional prospectors will delimit new potential in existing areas
How did we do last year?

Tables and charts

This report includes the following images and tables:

Top 20 wildcat participants total net interest and gross well count
Top 20 wildcats to watch showing hydrocarbon type and pre-drill resource estimate
Top 20 exploration wells to watch in 2019
2018 wildcats to watch - results