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Geoscientists are essential in answering pivotal questions in oil and gas exploration. They evaluate which basins worldwide hold the most promise and identify the best blocks to bid for within those basins. Their expertise guides decisions on drilling locations, expected well performance, the type and quantity of hydrocarbons (HC)—be it oil, gas, or condensate—as well as anticipated flow rates and associated risks. Their insights are crucial for maximizing resource recovery and minimizing investment risks in the energy sector.
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G&G in Exploration Geoscientists are needed to answer questions such as: • Which basins throughout the world offer the most promise? • Which blocks in those basins should we bid for? • Where on the block should we drill? • What should we expect from a particular well? • What type of HC: oil, gas, or condensate? • What amount of HC will we recover: # barrels? • What sort of flow rates can we expect? • How risky is this well? • etc. Courtesy of ExxonMobil