Oil Exploration - Industry

Oil Exploration - Industry


Oil Explorers search for untapped oil deposits.

Oil Exploration Technology

  • Pre 2000s
    • Explorers would look for surface rocks known to be co-located with oil formations
    • Explorers would drill vertical wells to look for oil
  • Post 2000s
    • New geophysics to better identify formations
    • New flexible drill pipes (to allow for going sideways)
    • New steerable drill bits (Can go sideways instead of just down)
    • Pressure Fracking (pressure breaks up rocks to allow more oil to come out)