Global number of new high-impact oil and gas wells 2024, by region

Published by Statista Research Department, Jan 31, 2024

Africa is expected to account for the highest number of significant oil and gas drilling in 2024. According to a forecast, some 13 new oil and gas wells deemed as "high-impact", meaning they could have notable impact by unlocking new plays or implicating prospects of respective operators, could be drilled on the continent.

Forecast number of industry-relevant oil and gas wells to be drilled worldwide in 2024, by region

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Release date

January 2024

Region

Worldwide

Survey time period

2024

Supplementary notes

The source uses multiple metrics which are weighted against each other to calculate which wells are classified as "high-impact" as coined by the source - among these metrics are the location of the well (drilling in area with known resources or frontier area), expected size of basin, and importance for the drilling company's financial prospects.

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