Africa is expected to account for the highest number of significant oil and gas drilling in 2024. According to a forecast, some 13 new oil and gas wells deemed as "high-impact", meaning they could have notable impact by unlocking new plays or implicating prospects of respective operators, could be drilled on the continent.
Forecast number of industry-relevant oil and gas wells to be drilled worldwide in 2024, by region
The source uses multiple metrics which are weighted against each other to calculate which wells are classified as "high-impact" as coined by the source - among these metrics are the location of the well (drilling in area with known resources or frontier area), expected size of basin, and importance for the drilling company's financial prospects.
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Rystad Energy. (January 29, 2024). Forecast number of industry-relevant oil and gas wells to be drilled worldwide in 2024, by region [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448126/global-number-of-new-high-impact-oil-and-gas-wells/
Rystad Energy. "Forecast number of industry-relevant oil and gas wells to be drilled worldwide in 2024, by region." Chart. January 29, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448126/global-number-of-new-high-impact-oil-and-gas-wells/
Rystad Energy. (2024). Forecast number of industry-relevant oil and gas wells to be drilled worldwide in 2024, by region. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448126/global-number-of-new-high-impact-oil-and-gas-wells/
Rystad Energy. "Forecast Number of Industry-relevant Oil and Gas Wells to Be Drilled Worldwide in 2024, by Region." Statista, Statista Inc., 29 Jan 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448126/global-number-of-new-high-impact-oil-and-gas-wells/
Rystad Energy, Forecast number of industry-relevant oil and gas wells to be drilled worldwide in 2024, by region Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448126/global-number-of-new-high-impact-oil-and-gas-wells/ (last visited November 10, 2024)
Forecast number of industry-relevant oil and gas wells to be drilled worldwide in 2024, by region [Graph], Rystad Energy, January 29, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1448126/global-number-of-new-high-impact-oil-and-gas-wells/
Oil industry worldwide
