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1.4  FINDING OIL AND GAS EXPLORATION

            As explained in the previous sections, oil and gas exist in reservoirs located
            thousands of feet below the Earth’s surface and ocean floors. These
            reservoirs would exist only in certain locations depending on the geologic
            history of the Earth. Therefore, determining the location of petroleum
            reservoirs is a very difficult task and is, probably, the most challenging
            aspect of the petroleum industry. Finding, or discovering, a petroleum
            reservoir involves three major activities: geologic surveying, geophysical
            surveying, and exploratory drilling activities. The following subsections
            provide a brief background on each of these activities.

            1.4.1  Geologic Survey
            Geologic surveying is the oldest and first used tool for determining
            potential locations where there would be a possibility of finding
            underground petroleum reservoirs. It involves examination of the surface
            geology, formation outcrops, and surface rock samples. The collected
            information is used in conjunction with geologic theories to determine
            whether petroleum reservoirs could be present underground at the
            surveyed location. The results of the geologic survey are not conclusive
            and only offer a possibility of finding petroleum reservoirs. The rate of
            success of finding petroleum reservoirs using geologic surveys alone has
            been historically low. Currently, geologic surveys are used together with
            other geophysical surveys to provide higher rates of success in finding
            petroleum reservoirs.


            1.4.2  Geophysical Surveys
            There are mainly four types of geophysical surveys used in the industry:
            gravity survey, magnetic survey, seismic survey, and remote sensing.
                 The gravity survey is the least expensive method of locating a
            possible petroleum reservoir. It involves the use of an instrument, a
            gravimeter, which picks up a reflection of the density of the subsurface
            rock. For example, because salt is less dense than rocks, the gravimeter
            can detect the presence of salt domes, which would indicate the presence of
            an anticline structure. Such a structure is a candidate for possible
            accumulation of oil and gas.
                 The magnetic survey involves measurement of the magnetic pull,
            which is affected by the type and depth of the subsurface rocks. The
            magnetic survey can be used to determine the existence and depth of
            subsurface volcanic formations, or basement rocks, which contain high






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