Weekly

Exploration slow-down cause for concern

Petroleum Exploration Society of Australia says lack of drilling is a long-term trend and not all about low oil prices

Downward trend: the jack-up Noble Tom Prosser drilled several exploration wells off Australia for Quadrant Energy last year, but none have been drilled by any company so far this year
Downward trend: the jack-up Noble Tom Prosser drilled several exploration wells off Australia for Quadrant Energy last year, but none have been drilled by any company so far this year
  • Russell Searancke
Wellington
Asia & OceaniaOceaniaAustraliaPESAAPPEA
Published 27 September 2017, 17:41Updated 27 September 2017, 18:09