Horizons Live: No country for old fields

Long seen as the lifeblood of the oil and gas industry, exploration now faces an existential crisis. Under intense scrutiny on both environmental and economic grounds, investment has plummeted.   

So, is there still a case for exploration? The world is already short of advantaged barrels – those with the lowest costs and lowest carbon emissions. Exploration will still play a role, even if we see a faster-than-expected retreat from oil and gas under an accelerated energy transition scenario.   

Following this month’s report, the Horizons Live session replay examines the potential for high-impact exploration to:    

• lower the cost of oil and gas to consumers  

• cut carbon intensity   

• add value for both resource holders and explorers.   

However, successful high-impact exploration requires the stars to align on multiple factors.  

Watch the Horizons Live replay as our expert panel discusses the topic in detail.

Our panel: 

• Gavin Thompson, Vice Chairman, Energy – Europe, Middle East & Africa 

• Andrew Latham, Senior Vice President, Energy Research 

• Simran Bandal, Senior Analyst, Subsurface 

• Greig Aitken, Director, Corporate Research 

Want to find out more?   

You can read this month's report here, No country for old fields: why high-impact oil and gas exploration is still needed.  Plus, you can browse the Horizons archive and sign up to the Inside Track newsletter to ensure you don't miss out on future editions.