Mar 4: Houston
 

Elements of Exploration

Dr William Houston

Success in oil and gas exploration hinges on four key elements: 

1. Best practice data analysis;

  1. 2.Scientific ingenuity;

  2. 3.Application of advanced technologies;

4. Systematic analysis of risk and uncertainty. 

All of these elements are critical toward making sound commercial decisions in a high risk, high reward business environment. 

This presentation is designed as a primer for the investment community on the data sets and fundamental interpretations required for subsurface exploration, and a treatment of risk and uncertainty that can place bold scientific ideas into a commercial context.