Oil and gas companies have discovered 7.7 billion barrels of oil equivalent (boe) year-to-date, according to Rystad Energy’s latest global discoveries report. “The industry is well on track to repeat the feat achieved in 2018, when around 10 billion boe of recoverable resources were discovered,” says Palzor Shenga, senior analyst on Rystad Energy’s upstream team. Russia has seen the most discovered resources thus far in 2019, with the Dinkov and Nyarmeyskoye discovery announced earlier this year holding around 1.5 billion boe of recoverable resources. Guyana and Cyprus nab the other places on the podium. The ... (full story)