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oa Legacy data – hidden opportunity
- Australian Society of Exploration Geophysicists
- Source: ASEG Extended Abstracts, Volume 2019, Issue 2nd Australasian Exploration Geoscience Conference: Data to Discovery, Dec 2019, p. 1 - 3
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- 01 Dec 2019
Abstract
Summary
As oil prices have rebounded, operators look for new exploration opportunities. A new paradigm, however, is the increased focus on investor return rather than relentless expansion at all costs. This value-focused exploration looks for cost effective approaches and methods to leverage prior expenditures. Exploration driven by legacy data is one cost effective approach that is rising. Examination of resource discoveries are presented
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