A part of Petroleum Industry related to exploration and production of hydrocarbons (also called Exploration & Production or E & P)
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.
The results of the Exploration lead to the procedure of Booking Reserves.
Petroleum Exploration and Petroleum Production are split into three operational areas each: