What’s new in exploration ///
Deepwater exploration and development has proven billions of barrels of oil worldwide, with the potential of billions more barrels from new discoveries. The three main areas containing these deepwater discoveries are Brazil, West Africa and the Gulf of Mexico (GOM). A recent Research Project to Secure Energy for America under taking, partially funded by the Department of Energy’s National Energy Technology Laboratory, examined the possibility of improving success rates during exploration and appraisal programs through increased well testing. The study was done by Nautilus Intl., with participation from Knowledge Reservoir, LLC; Expro International Group Ltd.; General Marine Contractors LLC; INTECSEA WorleyParsons Group; Louisiana State University; The University of Tulsa; Texas A&M University; GE Oil & Gas; Tidewater Marine; and Huisman.
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