Legacy data – hidden opportunity

Summary

As oil prices have rebounded, operators look for new exploration opportunities. A new paradigm, however, is the increased focus on investor return rather than relentless expansion at all costs. This value-focused exploration looks for cost effective approaches and methods to leverage prior expenditures. Exploration driven by legacy data is one cost effective approach that is rising. Examination of resource discoveries are presented

• legacy data
• discovery
• information repository
• opportunity