Harnessing Data Standards and Cloud Computing to Achieve Global Screening and Compare Exploration Potential

Exploration for conventional hydrocarbons has become increasingly challenging. Exploration frontiers represent high-risk opportunities, and explorers require time and cost-effective tools to consistently understand and rank these opportunities within an exploration portfolio. This is particularly true in the continuing environment of risk-aversion and budgetary pressure. In addition, despite the ongoing digitalization of the industry providing more data than ever before, exploration teams remain reduced in size and often lack the resources to make full use of the ever-increasing volumes of data at their disposal.

These challenges speak to a need for faster, better-integrated, and more rigorous screening of exploration opportunities. This article examines how the need can be addressed by combining the efficiency gains in data access, integration, and processing capabilities offered by cloud technologies with standardized geological interpretations. As a case study, all Cretaceous clastic exploration potential in offshore basins has been assessed globally. The technology, workflows and inputs used to achieve this are covered, alongside the importance of applying a consistent framework for data integration.