The oil market needs exploration to deliver more reserves
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Report summary
Table of contents
- Exploration is not delivering the commercial volumes required in the long term
- More exploration drilling is required in the near term to reverse this falling volume trend
- Yet-to-find at risk: without a return to higher average volumes discovered pre- oil price crash, a production shortfall will become a reality in the second half of the 2020s
- Production profiles for discoveries made post- oil price crash are shifting
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What's included
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