Post by Rystad Energy

Is the global hunt for oil entering a new phase? In the latest Let’s Talk Energy Q&A, Tracey Henderson, Executive Vice President of Exploration at Apache Corporation, joins Noah Brenner to discuss how a decade of underinvestment is reshaping oil and gas exploration. The conversation covers: • Why exploration is still a geoscience puzzle, even in mature positions • How capital discipline has changed the definition of exploration success • Why APA kept building its portfolio while much of the industry pulled back • What Alaska, Suriname, Uruguay and Egypt reveal about the next wave of oil and gas exploration After years of lower spending and reduced exploration capability, the industry is again looking for long-term optionality. The question now is not just where the next barrels will come from, but who still has the people, portfolio and patience to find them. Read the condensed Q&A and listen to the full episode: https://lnkd.in/e4-uH57u