SPECIAL REPORT: Explorers directing efforts at frontier, underexplored, nonproducing basins

Alan PetzetChief Editor-ExplorationOGJ's annual Exploration & Development Frontiers special highlights random areas of the world in which companies are searching for oil and gas in underexplored or nonproducing basins.There is nothing quite like the price of crude oil floating around $100/bbl to make explorers turn to their favorite use of those funds: replacing depleting reserves. Nevertheless, many of these higher-risk activities were proceeding before prices neared the century mark.These areas are important from a geoscience perspective but do not necessarily receive the degree of notoriety as, for example, the discoveries off Brazil and Ghana.This article describes exploratory act...

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