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The rapid rise of reservoir geophysics

Michigan Technological University, Houghton, USA

View larger version (37K): [in a new window]   Figure 1. Schematic workflow for the development of a petroleum reservoir, circa 1980.

View larger version (13K): [in a new window]   Figure 2. The growth of 3D seismic surveys in Shell (outside of North America), from the expanded SEG abstract published by Nestvold in 1991.

View larger version (46K): [in a new window]   Figure 3. Comparison of the growth in 3D seismic surveys (approximated from Figure 2) and the price of oil (first-purchaser's cost, in constant year-2000 dollars; from the Energy Information Agency, U.S. Department of Energy).

View larger version (22K): [in a new window]   Figure 4: Price of oil (first-purchaser's cost, in constant year-2000 dollars; from the Energy Information Agency), showing short-term volatility and long-term stability from 1986 through 2003.