Oslo, April 24 - Neftegaz.RU. Norway had the highest number of oil & gas discoveries globally in the Q1 of 2019 with 5 discoveries. Of these, 3 were conventional oil discoveries and the remaining 2 were conventional gas discoveries, according to GlobalData.
The report: ‘Norway leads with highest number of discoveries in the quarter’ reveals that globally, 23 oil & gas discoveries were made in Q1 2019. Of these, 11 each are conventional oil and conventional gas discoveries. L46/16- 31 was the only unconventional gas discovery in the quarter made in the UK.
The US followed with 3 discoveries. Russia, Egypt, Guyana and the UK had 2 discoveries each in the quarter. Australia, Indonesia, Angola and Bolivia had 1 discovery each during the period.
Ashwin Gupta, Oil & Gas Analyst at GlobalData, comments: “All the discoveries in Norway were offshore discoveries. 2 conventional gas discoveries and a conventional oil discovery were made in the Norwegian Sea Basin while the remaining 2 conventional oil discoveries were made in the North Sea Basin.”
Regionally, Europe leads with 8 discoveries, followed by Africa with 4 discoveries. North America and South America had 3 discoveries each with Asia and the Former Soviet Union (FSU) having 2 discoveries each in the quarter. Oceania had only 1 conventional gas discovery in the quarter.
