RE:RE:20% Exploration Success of Nong Yao by New TechnologyActually this has been standard in the North Sea for 15 years, useful reservoir geophysics!
cyber37 wrote: This abstract describes use of seismic data to determine type of fluid in pore space of the structure; this is relatively new and if successful can be incredibly useful in drilling for hydrocarbons (excluding brine….water).
I can see how chances of success are as high as 20%, where with conventional seismic company would be lucky to look at 3 to 7%. This is only one example of technological advances made in recent years where older fields can be re-exploited with new technology.
G37