March 2024
Features

The reserves replacement dilemma: Can intelligent digital technologies fill the supply gap?

Oil reserves are being consumed faster than they’re being replaced. If the reserve replacement ratio doesn’t improve, supply could fail to meet demand before lower-carbon and new energy solutions mature. Companies rethinking strategies are using infrastructure-led exploration as a digital solution to find economically viable new prospects.
Li Dan / SLB

This is a preview of our premium content. Thank you for your interest—please log in or subscribe to read the full article.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.