Abstract:
In data-limited frontier petroleum provinces, it is challenging to establish the critical geologic, technical and economic risk. But this is an essential step before costly investment decisions are made. Regional screening can be employed to determine the presence and effectiveness of petroleum system elements by drawing from regional analogues to extrapolate into more frontier areas.
In this webinar, we test multiple scenarios for expanding and deepening key plays like the Eastern Mediterranean, while assessing oil potential in a province dominated by gas discoveries. This model for exploration was built integrating a seismic-constrained tectonostratigraphic framework with the gross depositional packages, before screening the presence and effectiveness of the petroleum system elements.
The results delineate potentially prospective areas and establish critical risk – an essential step before making investments in costly datasets. This exploration toolkit enables play concepts to be tested quickly, helping to build a robust and varied exploration portfolio.