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Five pillars of exploration success - what makes a good explorer?

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Report summary

Basin choice is one of the primary determinants of exploration success. Optimal timing of basin entry is another. But how do the best explorers manage to consistently make better choices than their competitors? In our dialogue with the industry on the fundamental drivers of exploration outperformance five broad themes arise that are seen as the pillars of consistent strong results:

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    Five pillars of exploration success - what makes a good explorer?

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This report includes 5 images and tables including:

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  • Five pillars of exploration success
  • Example of dry hole failure analysis
  • Example of post-well chance of success audit
  • Unconventional and conventional asset life-cycles

Tables

  • Five pillars of exploration success - what makes a good explorer?: Table 1

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