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oa Keynote Presentation - Towards a comprehensive response to pressing E&P challenges: Removing multiples and depth imaging primaries without subsurface information
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, EAGE Subsalt Imaging Workshop Cairo 2009, Nov 2009, cp-145-00002
- ISBN: 978-90-73781-73-3
Abstract
The US Dept. of the Interior Mineral Management Service reported the drill success rate in 2007 in subsalt plays as 8% in the deep water GOM. The success rate dropped from 20% to 8% from 2000 to 2007. At 150 million dollars per exploration drill that comes to over 1 billion dollars per success. And that is not sustainable.
