The Potential for New Discoveries of Oil and Gas in the Shallow Waters of the Campos Basin, Brazil* (original) (raw)

2010

Abstract

The objective of any exploratory campaign in a geologic province with known accumulations of oil and gas is to determine where to drill, given the expected number and size of the accumulations present. Modern tools for modeling the exploratory process are complex software that make use of the available information about past exploratory history of the play being studied, while also applying the acquired geologic knowledge about specific parameters of the play, in order to provide estimates of the statistical distribution of the number and size of accumulations which remain to be found (yet-to-find-oil). A further refinement to this methodology is the incorporation of the concept of area exhausted by past exploratory efforts, as an adjustment to the estimation process carried out by exploratory process modeling tools.

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