Eni announces gas discovery in the Kutei Basin in Indonesia
Preliminary estimates indicate a total structure discovered volume of 5 trillion ft3 of gas in place with a content of condensate estimated up to 400 milion bbl.
Drilling & production - 04 October 2023
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Rystad Energy: New natural gas production is needed to meet demand
The company forecasts that even in scenarios of 1.9 – 2.5°C warming, with rapid growth in renewable energy sources, the current set of existing gas fields will not meet global demand, requiring rapid growth in unconventional gas supply.