At the 2019 ADI Forum, ADI Analytics’ annual oil and gas conference, Natalya Brooks, Sr. Strategy Advisor at Equinor, explained the evolving role of exploration in the future of the oil and gas industry. This video discusses how exploration budgets, significantly reduced during price downturns, are cautiously returning, while companies often avoid disclosing exploration activities to investors. It highlights the crucial long-term role of exploration in securing future portfolios, contrasting it with the underestimated potential of enhanced recovery (EOR) as a resource replacement strategy. The discussion emphasizes the growing focus on technological advancements to improve recovery rates, given the current low efficiency in both offshore and onshore fields.
About ADI Analytics
ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, 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.
Subscribe to our newsletter or contact us to learn more.
