The early use of fracking to get at reserves previously thought of as unrecoverable, shortly after the turn of the 21st century, came about after exploration companies began examining geologic formations using x-ray computed tomography, or CT scanners.
Additionally, the firm said is looking to possibly expand the Rimpi zone after successful exploration drilling.
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Exxon in recent years has become increasingly risk averse in its wildcat exploration after a series of costly dry holes.
Sometimes after days of exploration we'd reluctantly give up on entire areas.
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After that, exploration and development will take several years before production starts.
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This oil company had won four exploration contracts after "bidding" for them in an auction this past September.
ExxonMobil, long active operating gas stations in Colombia, decided last month to resume exploration there after a ten-year hiatus, in partnership with the Brazilian and Colombian state-owned oil companies.
After years of fruitless exploration in the Eastern Mediterranean, Israel hit upon billions in potential revenue and energy independence in 2009 with the discovery of one of the largest offshore finds in a decade.
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McMoRan Exploration tumbled after the company reported a technical difficulty at its Davy Jones prospect, which the company has said has the potential to be one of the largest wells on the Gulf of Mexico's shelf in decades.
But at the height of his popularity in the early 1970s, Mr. Lloyd dropped out of sight, moved to California's Big Sur, and pursued an internal journey, re-emerging only after a decade of spiritual exploration.
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Daniel Saba, the chairman of Perupetro, says that exploration is yielding results again after decades in which little was found.
The find was made after drilling at the Raageshwari-South-1 exploration well.
Showing its yellow streak, Exxon in recent months decided to pull out of Poland after coming up dry on its first two shale exploration wells there.
As the amount of reserves oil companies hold starts to diminish, oil companies will need to increase oil exploration and drilling to replenish reserves, after all, they are in the business of selling oil.
"If you look back historically at what has caused humanity to make its largest investments in exploration and in transportation, it has been going after resources, whether it's the Europeans going after the spice routes or the American settlers looking toward the west for gold, oil, timber or land, " Mr Diamandis explained.
It allowed exploration to proceed last year when others were hanging back after the disastrous oil spill in the Gulf of Mexico.
If there is a common emotion among the astronauts, four decades after the Apollo achievement, it may be simple disappointment over space exploration -- or the lack of it.
Shell's Arctic exploration plans caused widespread concern among environmentalists and were held up after BP's Deepwater Horizon disaster in the Gulf of Mexico.
Germany is superb cycling territory, whether you are after a leisurely spin along the beach, an adrenalin-fuelled mountain exploration or a multiday bike-touring adventure.
Shell's Arctic exploration plans caused widespread concern among environmentalists and were held up after BP's 2010 Deepwater Horizon disaster in the Gulf of Mexico.
Salles has also expressed an interest in returning to Brazil after shooting "On the Road, " in order to continue his exploration of the Brazilian psyche.
Industry-Ratios-Oil-Gas-Producers-Vs-Gasoline-PricesMargins dropped by nearly half in 2009 after a precipitous drop in oil prices left companies scrambling to slash spending in exploration and production.
Six weeks after the ban was enacted, the town was sued by Denver-based Anschutz Exploration, which had gas leases in the town.
After starting small two decades ago, he's built a fast-growing exploration and production company by buying up castoff fields from supermajors, then reinvigorating them with new technology.
The crew exploration vehicle will be capable of ferrying astronauts and scientists to the space station after the shuttle is retired.
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Elizabeth, the young woman Booker is sent to rescue (or abduct) for reasons and employers initially unknown, appears after the first sequence of combat, and her introduction is followed by a lengthy period of peaceful exploration, as the player gets accustomed to her presence.
Bigelow, who launched a small prototype of the module in 2006 after licensing the patent from NASA, will rely on Boeing Co. and Southern California rocket developer Space Exploration Technologies to provide transportation.
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