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How ultra-deepwater is revitalising oil and gas exploration

High-impact exploration is making a comeback. While there's public antipathy to drilling for new oil and gas reserves, a slower energy transition will mean higher-for-longer demand. The good news is explorers have cracked the code in ultra-deepwater plays, which may deliver large volumes of low-cost, lower-carbon barrels to boost future supply.

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Exploration

Marine seismic surveys are a safe mapping technique for gathering information about the location and properties of oil or gas that may be present deep below the seabed of a given area during the exploration and production phases of a project.

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Oil & Gas Exploration & Production

The Solactive MicroSectors™ Oil & Gas Exploration & Production Index measures the performance of 25 large capitalization companies that are domiciled and listed in the U.S., and active in the exploration and production of oil and gas. LEARN MORE ABOUT THE SOLACTIVE MICROSECTORS™ OIL & GAS EXPLORATION & PRODUCTION INDEX

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Prospecting for Oil and Natural Gas

Prospecting is the very first stage of the oil and natural gas development process. It consists of Exploration, Permitting and Leasing. Exploration encompasses the processes and methods involved in locating potential sites for oil and gas …

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Petroleum Exploration In Uganda

The 1990s saw the acquisition of additional geological and geophysical data which was used to promote oil exploration in Uganda in International Fora. These efforts were successful and the country was able not only to attract investors but investment capital as well. Companies that specialize in exploration were licensed – starting with Petro ...

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Exploration

The majority of our capital allocation will be focused (80%) on core positions, with 70% in Deep water to expand our presence and extend the production profile of existing assets through near field exploration (NFE). At the same time, we will expand our presence and extend the production profile of existing assets through near field exploration.

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History of Petroleum Exploration in Uganda

Oil exploration continued intermittently through the 1930's but came to a halt during the Second World War. Serious exploration work commenced again in early 1980's with the acquisition of aeromagnetic data across the entire Graben and the subsequent follow up ground geophysical and geological work in the late 1980's and 1990's. Seismic ...

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Trend and progress in global oil and gas exploration

In a sense, "returning to autochthonous formations to look for oil and gas" is a revolution in hydrocarbon exploration and exploita- HU Wenrui et al. / Petroleum Exploration and Development, 2013, 40(4): 439â€"443 âˆ' 440 âˆ' Table 1 Seven large oil-gas field discovered in 2010 [4] Rank Name Region Type Country Proved recoverable ...

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A new approach to oil-and-gas exploration | McKinsey

Cove started in 2009 as a £1 million shell company; a little more than three years later, Thailand's national oil company, PTT Exploration and Production, bought it for £1.2 billion. In the wake of that success, in 2012, Blaha and Craven started Discover Exploration, a privately owned oil-and-gas-exploration company with deepwater assets in ...

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Future Trends in Global Oil and Gas Exploration Dr.

Future Trends in Global Oil and Gas Exploration Dr. Michael C. Daly Executive Vice President Exploration, BP plc Imperial College 23 September Thank you for the invitation to speak at your conference celebrating the centenary of Oil Technology at Imperial College. It is an honour and great pleasure to be here.

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Oil industry in Nigeria

Oil was discovered in Nigeria in 1956, with production starting in the late 1950s. In the following decade, oil exploration would open to foreign companies, and with some exceptions due to ...

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Exploration & Production in Oil and Gas Industry

In the oil and natural gas industry, the activities of finding new reserves, developing them, and extracting oil and gas are called Exploration and Production (E&P) or upstream operations. These processes are considered the initial stages. In the initial stages, there are activities involved in exploration and production (E&P): ...

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