A study by Wood Mackenzie predicts drilling activity in the Caspian Sea will increase, bumping up the number of wells by nearly 40% by 2020 amid a tight rig market.
Drilling was plentiful in the UK Continental Shelf during this year’s 2Q, according to a report by the Deloitte finance and consulting firm. However, not all areas of Europe saw increased activity.
Poland, Romania, and Ukraine are considered the top three European countries for shale gas investment opportunities with Poland placing first, a recently released KPMG report stated.