A recent study on exploration success rates indicates that big discoveries, particularly of oil, are few and far between. In recent years, companies, particularly the majors, have become enamored of frontier exploration. But their enthusiasm has not resulted in big finds.
But in the special section that follows, companies that will be exhibiting at the Society of Exploration Geophysicists annual meeting describe new technologies that promise to reverse this trend. From acquisition to processing to interpretation to potential fields, service companies continue to lead the way in innovation.
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