Check out some of Rigzone’s top stories this week. Here are some of Rigzone’s top stories during the last week, just in case you missed them… Oil May Hit $380 Per Barrel According to one scenario published in Lukoil’s recent Global Energy Perspectives to 2050 report, world oil prices could hit $380 per barrel in 2050.

Industry Set for Worst Discovery Toll Since 1946 The oil and gas industry is on course for its worst discovery toll since 1946, according to new Rystad Energy analysis. As of the end of November, total global discovered volumes this year are calculated at 4.7 billion barrels of oil equivalent.

Firm Making Blueprint For Reuse Of Old GOM Oil And Gas Assets A non-producing and abandoned offshore platform in the U.S. Gulf of Mexico will be transformed into a working fish farm. Read full article […]