A total of 126 key global basins - ranging from mature onshore to frontier ultra-deepwater plays – are expected to generate 240 billion barrels of oil equivalent (boe) by 2030, according to an analysis by a global energy research company Wood Mackenzie.
A total exploration spend of close to $600
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more