Uday Turaga, CEO of ADI Analytics was quoted in Marketplace on the issue where some see energy in the abandoned wells.
Drawing from ADI Analytics’ research and deep expertise gained through numerous consulting engagements across oil and gas value chains, Turaga commented:
“Oil and gas project developers are saying why should not I go and continue drilling for oil and gas. A hydrofracturing boom is keeping oil and gas prices low. There is uncertainty around renewable energy incentives and many investors are staying away from geothermal.
The interest is fairly low… someone has to do it on a commercial scale for the first time.”
About ADI Analytics
ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy transition, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.
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