Essay sample - Structural Geology in Petroleum Exploration

Structural Geology in Petroleum Exploration Essay example
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Name: Course: College: Tutor: Date: Structural Geology in Petroleum Exploration Introduction Petroleum is currently one of the world’s most important resources. Also known as crude oil, this crucial resource is actually ranked second to coal, among the most utilized energy resources…

Introduction

These techniques constitute petroleum exploration, which in turn has several definitions. In one instance, oil exploration is defined as the process of searching for oil, among other petroleum related resources like gas, in the sedimentary basins of the earth. The mentioned exploration process depends on systematic utilization of technology based methods by innovative geoscientists (Larsen et al 52). It is this combination that paves way for viable drilling prospects and actual appraisal of oil zones or wells. In a different definition, petroleum exploration is considered to be a fundamental competency that should be carried out by qualified geoscientists for a prominent oil and gas organization. Evidently, there appears to be a general agreement in all definitions that geologists play a significant role in the oil exploration process. Another crucial factor to note is that, just like other exploratory studies oil searching is laden with uncertainties. It is difficult to tell whether gas or oil is present in a given place until drilling takes place. Prominent oil and gas companies usually spread the risks posed by the uncertainty over a collection of prospects, in order to manage the situation. This strategy is better than investing all capital, in terms of geology experts and equipment, in one oil drilling prospect. ...
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