An inventory of petroleum source rocks in the World’s major sedimentary basins show that six geological intervals in Earth's history generated over 90% of the World's conventional oil and gas discoveries.
Microfossils are key to understanding the evolution of life on earth. Demand in the petroleum industry for palynologists – experts in the study of these minute fossilised organisms – is suddenly running hot.
Rock folds are found in various shapes and sizes on Earth, and people are often amazed to see how large blocks of hard rocks have been folded like ocean waves. But fascination with folds is also shared by the petroleum industry. In Part I of this two-part article we unfold rock ‘folds’ to better understand their geometry and genesis.
Emerging through privatization of state entities, Romanian company Prospectiuni has developed into the leading geophysical and geological service company in south-east Europe, and now operates in the Middle East and Africa as well as throughout Europe.
The Los Angeles Basin is the most productive basin by area in the world – and the Miocene Monterey Formation, which is exposed along the coast and in the hills of the Palos Verdes Peninsula, is the prolific source rock for this basin.
Halliburton fracs more wells than any other company. It is therefore hardly surprising that a Halliburton company, Landmark, is developing cutting edge tools to optimize the drilling of successful wells in unconventional reservoirs.