The history of hydrocarbon exploration and development in North Yorkshire

2018 ◽  
Vol 465 (1) ◽  
pp. 119-136 ◽  
Author(s):  
M. Q. Haarhoff ◽  
F. Hughes ◽  
M. Heath-Clarke ◽  
D. Harrison ◽  
C. Taylor ◽  
...  
Keyword(s):  
Hydrocarbon Exploration ◽  
History Of ◽  
Exploration And Development

Lithostratigraphic and tectonic framework of Jurassic and Cretaceous Intermontane sedimentary basins of south-central British Columbia1This article is one of a series of papers published in this Special Issue on the theme of New insights in Cordilleran Intermontane geoscience: reducing exploration risk in the mountain pine beetle-affected area, British Columbia.

2011 ◽  
Vol 48 (6) ◽  
pp. 870-896 ◽  
Author(s):  
Janet Riddell
Keyword(s):  
British Columbia ◽  
Mountain Pine Beetle ◽  
Sedimentary Basins ◽  
Hydrocarbon Exploration ◽  
South Central ◽  
Technological Advances ◽  
Exploration Risk ◽  
History Of ◽  
Geophysical Imaging ◽  
Glacial Cover

The south-central Intermontane belt of British Columbia has a complex architecture comprising late Paleozoic to Mesozoic volcanic and plutonic arc magmatic suites, marine and nonmarine clastic basins, high-grade metamorphic complexes, and accretionary rocks. Jurassic and Cretaceous clastic basins within this framework contain stratigraphy with hydrocarbon potential. The geology is complicated by Cretaceous to Eocene deformation, dismemberment, and dislocation. The Eocene to Neogene history of the southern Intermontane belt is dominated by non-arc volcanism, followed by Pleistocene to Recent glaciation. The volcanic and glacial cover makes this a difficult region to explore for resources. Much recent work has involved re-evaluating the challenges that the overlying volcanic cover has historically presented to geophysical imaging of the sedimentary rocks in this region in light of technological advances in geophysical data collection and analysis. This paper summarizes the lithological and stratigraphic framework of the region, with emphasis on description of the sedimentary units that have been the targets of hydrocarbon exploration.

RISING COSTS IN AUSTRALIAN HYDROCARBON EXPLORATION AND DEVELOPMENT

1978 ◽  
Vol 18 (1) ◽  
pp. 204
Author(s):  
D. McMinn
Keyword(s):  
Large Scale ◽  
Oil And Gas ◽  
Hydrocarbon Exploration ◽  
Upward Movement ◽  
Oil And Gas Producers ◽  
Project Construction ◽  
Key Factor ◽  
Retained Earnings ◽  
Equipment Costs ◽  
Exploration And Development

Rapidly rising costs have created operating and investment problems for companies involved in the Australian hydrocarbon resource industry. Expenditure in this area has declined markedly in constant dollar terms, an adverse trend given Australia's outlook for increasing reliance on imported crude oil in the 1980's.Costs in hydrocarbon exploration appear to have risen in excess of general inflation in the Australian economy. This situation may be attributed to the strong upward movement in wages and equipment costs, and in some cases, the low level of domestic exploration in the mid-1970's.Capital costs for hydrocarbon development and pipeline projects in Australia have also escalated, a trend caused by rising wage levels in project construction and increases in equipment costs. Additional factors such as design alterations, environmental considerations and labour disputes, can also add significantly to costs. Large scale hydrocarbon projects, which have long lead times, are susceptible to inflationary trends.Increasing amounts of funds are required for exploration and development as a result of the rising cost trend. However, difficulty is being experienced in raising funds through capital and equity markets, as well as retained earnings. A key factor in securing adequate funds is profitability, which is largely determined by the State and Federal Governments. For the smaller oil and gas producers, the past profitability record has been inadequate, although the improvement in recent years should continue because of higher oil and gas prices.Costs may be expected to continue to increase in hydrocarbon exploration and development, but probably at a lower rate than experienced in the mid- 1970's. The future viability of the hydrocarbon sector is dependent on a favourable investment environment and higher profitability to offset the considerable risks in exploration and escalation in costs.

100 Years of Oil and Gas Development: From the Marshes to Deepwater, Louisiana Has Played a Major Role in Water-Oriented Exploration and Development

2002 ◽  
Author(s):  
Donald W. Davis
Keyword(s):  
Gulf Of Mexico ◽  
Oil And Gas ◽  
100Th Anniversary ◽  
The State ◽  
Hydrocarbon Exploration ◽  
Oil And Gas Development ◽  
Energy Demands ◽  
Entrepreneurial Spirit ◽  
Water Depths ◽  
Exploration And Development

September, 2001 marked the 100th anniversary of the oil and gas business in Louisiana. Consequently, hydrocarbon exploration and development has been a vital part of Louisiana’s economy for over a century. In the latter part of the 1980s, the industry was considered dead or dying. Exploration and development had declined throughout the state. In the 1990s Louisiana’s industry was reborn in the deepwater of the northern Gulf of Mexico—a region that holds enormous potential in water depths that create unique exploration, development and production challenges. As technology changed, or was developed to meet the industry’s needs, new frontiers were explored. There was a pioneering entrepreneurial spirit that pushed the limits. Today, the frontier continues to expand and Louisiana is the beneficiary of this activity. One hundred years after the first discovery well in Louisiana, more than 250,000 oil and/or gas wells have been drilled in the state. In addition, over 4,000 structures are anchored parallel to its coast in water depths approaching two miles (3.2 km). From the uplands, to the swamps and marshes and into the deepwater of the Gulf of Mexico, Louisiana has been a leader in helping meet the Nation’s energy demands.

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