The Future is Now

This abstract, written by Spectrum’s Neil Hodgson and Karyna Rodriguez, was originally submitted for the EAGE 2019 Convention held in June 2019.

Since 2014 some 70% of new potential resources discovered globally have been found in deep water.  Whilst deep water drilling is no longer the domain of just the super-majors, development and production has often seemed futuristic.  Re-thinking the way discoveries are appraised and commercialized, has recently made deep water accessible and commercial.  The industry has begun to explore play systems in deep water where a revolution in subsurface imaging technology yields the observations which provide the feedstock for exploration innovation.

Yet, as industry pushes down slope on passive margins, surprises are occurring that are as interesting as the successes.  Unexpected heat-flow distribution across varied crustal structural architectures, unexpected source rocks and petroleum systems and the recognition of the dominant role that previously esoteric sedimentology might be exerting on reservoir and traps – all these are bringing new opportunity and challenge in equal measure.

 

Click to read the full abstract here:
The Future is Now