The E&P business model Exploration
{"Image DocumentName": "The E&P business model Exploration", "Image ImageDescription": "Upstream Funnel Stages. Field. Abandonment. Exploration. Appraisal & Development. Production. Operations. Exploration. Acquire seismic and other geophysical data to image the subsurface. Develop an understand the subsurface geology. Using this understanding, be able to predict where oil and gas might be trapped. Identify targets for exploration, and then drill wells to search for hydrocarbons. Appraisal & Development. Once a discovery is made, define field size (how much ?) Characterise the reservoir to optimise development. Define how to best get oil and gas out of the reservoir. Make a field development plan for government approval. Production Operations. - Physically recover the oil and gas. - Optimise for maximum production. - Enhanced recovery.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}