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The AAPG/Datapages Combined Publications Database
Houston Geological Society Bulletin
Abstract
Abstract: The Technological Forefronts of Exploration
By
The number of new oil and gas fields found each year in
the U.S. onshore lower 48 larger than 20 million barrels of oil
and 100 billion cubic feet of gas remained relatively constant
from 1960-1974. The number of wildcats required to find one
of these significant fields decreased from 500 in 1961 to 300 in
1974. Since the number of significant fields remaining to be
found is reduced each year, this achievement can only be due
to improved technology.
Conceptual breakthroughs in the past 15 years helped
sustain this record and will lead to new discoveries. Four
significant conceptual developments are plate tectonics,
organic geochemistry, environmental stratigraphy, and
geoseismic modeling. Case histories will be shown of the
utility of these concepts in worldwide basin evaluation and in
explorating onshore and offshore provinces of the U.S. and
South America. End_of_Record - Last_Page 2---------------