Exploration

Deep drive: 39% more deepwater wells forecast in 2024 drilling surge

Oil companies expected to drill 69 ultra-deepwater wells and 116 deepwater wells this year, according to Rystad Energy

The drillfloor on an offshore exploration rig.
The drillfloor on an offshore exploration rig.Photo: AP/SCANPIX
Asia CorrespondentSingapore
Rystad EnergyNorway
Published 28 March 2024, 12:48Updated 28 March 2024, 12:48