2005•Unpublished venueRequires access

Factor evaluation of the exploration decision for oil and gas

Wang Ya-chun, Xiongqi Pang

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Abstract

To evaluate the factors affecting the decision-making of oil and gas exploration for the accurate oil and gas prospecting,a comprehensive approach is given,the effects of the geological factors,risks and economic evaluation resulting in the oil and gas exploration decision-making for oil and gas are analyzed and the method of evaluating parameters is supplied.It reveals from the result of three trap predictions that using some indexes comprehensively to make a decision can not only get considerable oil and gas resources but also great benefit.

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What this paper is about

To evaluate the factors affecting the decision-making of oil and gas exploration for the accurate oil and gas prospecting,a comprehensive approach is given,the effects of the geological factors,risks and economic evaluation resulting in the oil and gas exploration decision-making for oil and gas are analyzed and the method of evaluating parameters is supplied.It reveals from the result of three trap predictions that using some indexes comprehensively to make a decision can not only get considerable oil and gas resources but also great benefit.

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Available abstract

To evaluate the factors affecting the decision-making of oil and gas exploration for the accurate oil and gas prospecting,a comprehensive approach is given,the effects of the geological factors,risks and economic evaluation resulting in the oil and gas exploration decision-making for oil and gas are analyzed and the method of evaluating parameters is supplied.It reveals from the result of three trap predictions that using some indexes comprehensively to make a decision can not only get considerable oil and gas resources but also great benefit.

Key concepts: Petroleum engineering, Prospecting, Fossil fuel, Trap (plumbing), Environmental science, Geology, Engineering, Mining engineering

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