Explorers keep finding oil in the South Atlantic. Under a third of those discoveries ever become commercial barrels.
Energy
Key Facts
—The study. Westwood examined 425 exploration wells drilled across the South Atlantic between 2007 and 2025.
—The good news. Wells here strike oil far more often than the world average.
—The bad news. Fewer than one in three of those finds ever becomes oil worth producing.
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