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 and other Subsurface Production Disciplines.
The primary subject of E & P is exploring or acquisition of Petroleum Asset and maintaining the profitable production from it.
Petroleum Exploration is split into three operational areas: | Petroleum Production is split into two operational areas: | |||
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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 |