A part of Petroleum Industry dealing with exploration and production of hydrocarbons (also called Upstream)
It is essentially based on the knowledge area of Petroleum Geology
The primary subject of E & P is exploring or purchasing Petroleum Asset and maintaining the profitable production from it
| Exploration is split into three operational areas: | Petroleum Production is split into two operational areas: | |||
|---|---|---|---|---|
Open-Hole surveys: Acoustic logging Vertical seismic profiling Gamma density logging Formation resistivity logging Neutron logging Formation testing Cased-Hole surveys:
Laboratory analysis: |
Outcrops survey Gravimetry survey Magnetic survey Electrical resistivity survey Seismic surveys: Passive seismic survey 2D seismic survey 3D seismic survey 4D seismic survey |
Optical imaging Infrared Imaging | ||
The results of the exploration lead to the procedure of Booking Reserves | Routine production operations usually follow a specific production strategy which is a part of Field Development Planning | |||