Exploring more with less

06/23/2014
Oil and gas exploration has increased in complexity over the last decade. As companies continually strive to meet rising demand, developing discoveries is often an exercise in doing more with less. Speaking June 17 at the European Association of Geoscientists & Engineers' (EAGE) annual conference in Amsterdam, Andrew Latham, vice-president of Wood Mackenzie's Exploration Service, noted the rise in exploration and development costs as part of the impetus driving more streamlined operations. "As of 2012, the average development cost worldwide increased to $4/boe up from $1/boe only a decade before," Latham said. He was joined by a panel for EAGE's opening forum, "Experien...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected