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Diversified Gas & Oil plc

These Countries Found The Most Oil In 2018

2018 stands already as the best year for global oil and gas exploration since 2015. Guyana, Russia and the United States top the list with major discoveries.

Discovered resources have already surpassed 8.8 billion barrels of oil equivalent (boe) for 2018. Rystad Energy, the independent energy research and consulting firm headquartered in Norway with offices around the world, expects the number to grow to 9.4 billion boe by year-end.

 

Diversified Gas & Oil Plc (DGOC) owns and operates gas and oil producing wells in the Appalachian Basin in the United States. The Company’s operations are based in the neighbouring states of Pennsylvania, Ohio and West Virginia, which cover part of the largest and oldest hydrocarbon producing field in the US, known as the Appalachian Basin.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.