As new technologies for the extraction of natural gas spread across the globe, many nations could tap abundant supplies of unconventional gas that occur within their borders. This infographic illustrates the distribution of natural gas supplies around the world, how natural gas will likely increase its share of the world’s energy mix, and the economic benefits that will result from this shift.
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Cairn Oil & Gas will drill about 300 development/injection wells and construct 205 well pads to increase production from the Barmer fields.
Drillers cut nine oil rigs in the week to March 22, bringing the total count down to 824, the lowest since April 2018, Baker Hughes, a GE company (NYSE: BHGE), said in its weekly report.
The independent U.S. energy producer aims to take a final investment decision on the $20 billion project in the coming months, having signed up long-term buyers for its LNG.