Integrated reconnaissance model scores on Midland basin eastern shelf

03/13/2000
As oil and gas profit margins continue to be unpredictable and volatile, proper screening and evaluation of prospects will become even more essential. Integrating geological, geomorphic, and direct geochemical reconnaissance data is a very cost effective, pragmatic approach to evaluating oil and gas prospects.This integrated modeling approach offers numerous advantages in both time and costs by:Eliminating less prospective areas in the early stages of project development.Promoting cost savings in lease and legal expenses by defining areas with the highest probability for success.Reducing surface damages associated with more intrusive exploration tools such as seismic and some high-resolut...
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