Details:

In these projects, the company conducts thorough evaluations of various regions to locate oil and gas resources. This process includes several stages such as geological, geophysical, and geochemical studies, drilling exploratory wells, and economic assessment of discovered fields. The ultimate goal of these projects is to identify and extract hydrocarbon resources to meet energy demands.

Project Steps:

1. Geological and Geophysical Studies
   • Analyzing subsurface structures and earth layers to identify potential areas.
   • Utilizing advanced technologies such as 3D seismic imaging for accurate mapping.
2. Drilling Exploratory Wells
   • Selecting suitable locations for drilling based on the conducted studies.
   • Using advanced drilling equipment to reach deep earth layers.
   • Conducting necessary tests to evaluate hydrocarbon reservoirs.
3. Economic Assessment
   • Analyzing data obtained from exploratory wells to determine reserve quantities.
   • Calculating potential costs and revenues to assess the project's economic viability.
   • Deciding whether to proceed or halt the project based on assessment results.

Benefits:

• Increased Oil and Gas Production: Discovering new resources to boost production and meet energy demands.
• Job Creation: Creating employment opportunities at various project stages.
• Technological Advancement: Utilizing advanced technologies and continuously improving exploration and extraction processes.