# Acquire, Explore, and Appraise Hydrocarbon Assets

*/Processes/Acquire,_Explore,_and_Appraise_Hydrocarbon_Assets*

## Digital Scalar

**Band**: physical
**Digital**: 0.25
**Rationale**: Without seeded child occupations, this process is evaluated based on its name and anchored industry lens ('Oil and Gas Extraction'). The upstream petroleum work of exploring and appraising hydrocarbon assets inherently requires extensive physical field operations, such as seismic surveying and exploratory drilling. Guided by the industry prior which strongly indicates a physical focus (< 0.3), I have assigned a near band-center value of 0.25.

## Process Profile

**Outcome**: A delineated hydrocarbon reservoir is quantified and approved for commercial development, or the acreage is relinquished.
**Trigger**: A strategic mandate to grow reserves or a new government lease sale initiates the search for hydrocarbon prospects.
**Key Steps**:
- Identify prospective geological basins and plays
- Negotiate and acquire land leases or mineral rights
- Conduct and analyze seismic and geophysical surveys
- Drill exploratory wells to confirm the presence of hydrocarbons
- Drill appraisal wells to define reservoir boundaries and flow rates
- Calculate proven and probable reserve estimates
- Determine economic viability for development or relinquishment
**Measured By**:
- [Finding And Development Cost](/Metrics/Finding_And_Development_Cost)
- [Reserve Replacement Ratio](/Metrics/Reserve_Replacement_Ratio)
- [Exploration Success Rate](/Metrics/Exploration_Success_Rate)
- [Appraisal Cycle Time](/Metrics/Appraisal_Cycle_Time)

## Boundary Of Firm

**Outsourced To**:
- [Geophysical Services Firm](/CompanyTypes/Geophysical_Services_Firm)
- [Drilling Contractor](/CompanyTypes/Drilling_Contractor)
**Automatability**: assisted
**Routing Summary**:
- License acquisition, prospect evaluation, and the drill-or-drop decision are idiosyncratic in-house judgment owned by exploration and new ventures.
- Seismic acquisition and exploration drilling are bought from geophysical and drilling contractors while prospect volumetrics run in exploration software.
**Delivered By Role**:
- [Exploration Geologist](/Processes/Acquire,_Explore,_and_Appraise_Hydrocarbon_Assets/JobTypes/Exploration_Geologist)
- [Petroleum Engineer](/Processes/Acquire,_Explore,_and_Appraise_Hydrocarbon_Assets/JobTypes/Petroleum_Engineer)
- [Landman](/Processes/Acquire,_Explore,_and_Appraise_Hydrocarbon_Assets/JobTypes/Landman)
**Asset Specificity**: idiosyncratic
**Automated By Action**:
- [Model Prospect Volumes](/Action/Model_Prospect_Volumes)
- [Screen Acreage Opportunities](/Action/Screen_Acreage_Opportunities)
**Automated By Software**:
- [Exploration Portfolio Software](/Software/Exploration_Portfolio_Software)
**Delivered By Department**:
- [Exploration](/Processes/Acquire,_Explore,_and_Appraise_Hydrocarbon_Assets/Departments/Exploration)
- [New Ventures](/Processes/Acquire,_Explore,_and_Appraise_Hydrocarbon_Assets/Departments/New_Ventures)

## Neighborhood

### Parent

- [Oil and Gas Extraction](/Industries/Oil_and_Gas_Extraction) — parent · Industries

### Siblings

- [Develop and Manage Upstream Petroleum-Related Technologies](/Processes/Develop_and_Manage_Upstream_Petroleum-Related_Technologies) — siblings · Processes
- [Manage upstream petroleum-related technology portfolio](/Processes/Manage_upstream_petroleum-related_technology_portfolio) — siblings · Processes
- [Develop new upstream petroleum-related technologies](/Processes/Develop_new_upstream_petroleum-related_technologies) — siblings · Processes
- [Evaluate performance of existing upstream petroleum-related technologies against market opportunities](/Processes/Evaluate_performance_of_existing_upstream_petroleum-related_technologies_against_market_opportunities) — siblings · Processes
- [Define upstream petroleum-related technology development requirements](/Processes/Define_upstream_petroleum-related_technology_development_requirements) — siblings · Processes
- [Confirm alignment of upstream petroleum-related technology concepts with business strategy](/Processes/Confirm_alignment_of_upstream_petroleum-related_technology_concepts_with_business_strategy) — siblings · Processes
- [Manage upstream petroleum-related technology life cycle](/Processes/Manage_upstream_petroleum-related_technology_life_cycle) — siblings · Processes
- [Identify potential improvements to existing upstream petroleum-related technologies](/Processes/Identify_potential_improvements_to_existing_upstream_petroleum-related_technologies) — siblings · Processes
- [Identify new upstream petroleum-related technologies](/Processes/Identify_new_upstream_petroleum-related_technologies) — siblings · Processes
- [Assess feasibility of integrating new leading upstream petroleum-related technologies into upstream petroleum-related technology concepts](/Processes/Assess_feasibility_of_integrating_new_leading_upstream_petroleum-related_technologies_into_upstream_petroleum-related_technology_concepts) — siblings · Processes
- [Plan and develop cost, quality and performance targets](/Processes/Plan_and_develop_cost,_quality_and_performance_targets) — siblings · Processes
- [Prioritize and select new upstream petroleum-related technology concepts](/Processes/Prioritize_and_select_new_upstream_petroleum-related_technology_concepts) — siblings · Processes
- [Plan for upstream petroleum-related technology offering modifications](/Processes/Plan_for_upstream_petroleum-related_technology_offering_modifications) — siblings · Processes
- [Introduce new upstream petroleum-related technologies](/Processes/Introduce_new_upstream_petroleum-related_technologies) — siblings · Processes
- [Retire outdated/inefficient upstream petroleum-related technologies](/Processes/Retire_outdated%2Finefficient_upstream_petroleum-related_technologies) — siblings · Processes
- [Assess, design, build, and evaluate upstream petroleum-related technologies](/Processes/Assess,_design,_build,_and_evaluate_upstream_petroleum-related_technologies) — siblings · Processes
- [Assign resources to upstream petroleum-related technology project](/Processes/Assign_resources_to_upstream_petroleum-related_technology_project) — siblings · Processes
- [Develop asset specific upstream petroleum-related technology design specifications](/Processes/Develop_asset_specific_upstream_petroleum-related_technology_design_specifications) — siblings · Processes
- [Conduct Front End Design and Engineering FEED](/Processes/Conduct_Front_End_Design_and_Engineering_FEED) — siblings · Processes
- [Collaborate on design with suppliers and contract manufacturers to produce product](/Processes/Collaborate_on_design_with_suppliers_and_contract_manufacturers_to_produce_product) — siblings · Processes
- [Define field production targets](/Processes/Define_field_production_targets) — siblings · Processes
- [Determine ability to deliver as scheduled/required](/Processes/Determine_ability_to_deliver_as_scheduled%2Frequired) — siblings · Processes
- [Match needs to vendors capabilities](/Processes/Match_needs_to_vendors_capabilities) — siblings · Processes
- [Analyze organization's spend profile](/Processes/Analyze_organization's_spend_profile) — siblings · Processes
- [Expedite orders and satisfy enquiries, goods and service field requests](/Processes/Expedite_orders_and_satisfy_enquiries,_goods_and_service_field_requests) — siblings · Processes
- [Record receipt of goods and services](/Processes/Record_receipt_of_goods_and_services) — siblings · Processes
- [Monitor quality of product and services delivered](/Processes/Monitor_quality_of_product_and_services_delivered) — siblings · Processes
- [Operate and optimize outbound transportation](/Processes/Operate_and_optimize_outbound_transportation) — siblings · Processes
- [Receive, inspect and store inbound deliveries](/Processes/Receive,_inspect_and_store_inbound_deliveries) — siblings · Processes
- [Measure customer satisfaction with customer complaint handling and resolution](/Processes/Measure_customer_satisfaction_with_customer_complaint_handling_and_resolution) — siblings · Processes
- [Train and educate functional employees and responders](/Processes/Train_and_educate_functional_employees_and_responders) — siblings · Processes
- [Create EHS policy, practices and procedures](/Processes/Create_EHS_policy,_practices_and_procedures) — siblings · Processes
- [Provide employees /families with EHS support](/Processes/Provide_employees_%2Ffamilies_with_EHS_support) — siblings · Processes
- [Acquire asset (access)](/Processes/Acquire_asset_(access)) — siblings · Processes
- [Strategize acquisition](/Processes/Strategize_acquisition) — siblings · Processes
- [Define key value drivers](/Processes/Define_key_value_drivers) — siblings · Processes
- [Identify opportunities/geological prospects](/Processes/Identify_opportunities%2Fgeological_prospects) — siblings · Processes
- [Gather/create opportunities](/Processes/Gather%2Fcreate_opportunities) — siblings · Processes
- [Screen and prioritize opportunities](/Processes/Screen_and_prioritize_opportunities) — siblings · Processes
- [Develop key alignment points](/Processes/Develop_key_alignment_points) — siblings · Processes
- [Engage key decision makers](/Processes/Engage_key_decision_makers) — siblings · Processes
- [Select opportunities to evaluate](/Processes/Select_opportunities_to_evaluate) — siblings · Processes
- [Evaluate opportunities](/Processes/Evaluate_opportunities) — siblings · Processes
- [Form team and dedicate resources](/Processes/Form_team_and_dedicate_resources) — siblings · Processes
- [Conduct technical analysis](/Processes/Conduct_technical_analysis) — siblings · Processes
- [Identify sources of value and develop business case](/Processes/Identify_sources_of_value_and_develop_business_case) — siblings · Processes
- [Determine value and decide whether to pursue](/Processes/Determine_value_and_decide_whether_to_pursue) — siblings · Processes
- [Pursue opportunities](/Processes/Pursue_opportunities) — siblings · Processes
- [Confirm potential value of target](/Processes/Confirm_potential_value_of_target) — siblings · Processes
- [Develop pursuit plan](/Processes/Develop_pursuit_plan) — siblings · Processes
- [Establish price and negotiation strategy](/Processes/Establish_price_and_negotiation_strategy) — siblings · Processes
- [Structure deal, launch offer, close contracts](/Processes/Structure_deal,_launch_offer,_close_contracts) — siblings · Processes
- [Finalize agreement and prepare for integration](/Processes/Finalize_agreement_and_prepare_for_integration) — siblings · Processes
- [Handover successful opportunities to exploration, development or production](/Processes/Handover_successful_opportunities_to_exploration,_development_or_production) — siblings · Processes
- [Explore asset](/Processes/Explore_asset) — siblings · Processes
- [Develop exploration strategy](/Processes/Develop_exploration_strategy) — siblings · Processes
- [Acquire seismic data](/Processes/Acquire_seismic_data) — siblings · Processes
- [Process seismic data](/Processes/Process_seismic_data) — siblings · Processes
- [Develop seismic models](/Processes/Develop_seismic_models) — siblings · Processes
- [Perform basin analysis](/Processes/Perform_basin_analysis) — siblings · Processes
- [Develop prospect drilling portfolio](/Processes/Develop_prospect_drilling_portfolio) — siblings · Processes
- [Develop program for data collection from exploratory wells](/Processes/Develop_program_for_data_collection_from_exploratory_wells) — siblings · Processes
- [Develop prospect definition](/Processes/Develop_prospect_definition) — siblings · Processes
- [Create ready-to-drill inventory](/Processes/Create_ready-to-drill_inventory) — siblings · Processes
- [Evaluate exploration wells and delineate geological prospects](/Processes/Evaluate_exploration_wells_and_delineate_geological_prospects) — siblings · Processes
- [Submit regulatory reports as required](/Processes/Submit_regulatory_reports_as_required) — siblings · Processes
- [Handover successful exploration wells for appraisal](/Processes/Handover_successful_exploration_wells_for_appraisal) — siblings · Processes
- [Appraise asset](/Processes/Appraise_asset) — siblings · Processes
- [Organize asset data](/Processes/Organize_asset_data) — siblings · Processes
- [Acquire/process seismic data](/Processes/Acquire%2Fprocess_seismic_data) — siblings · Processes
- [Acquire/process well log data](/Processes/Acquire%2Fprocess_well_log_data) — siblings · Processes
- [Acquire and analyze geophysical data](/Processes/Acquire_and_analyze_geophysical_data) — siblings · Processes
- [Acquire and analyze geochemical data](/Processes/Acquire_and_analyze_geochemical_data) — siblings · Processes
- [Estimate data uncertainty](/Processes/Estimate_data_uncertainty) — siblings · Processes
- [Develop asset model](/Processes/Develop_asset_model) — siblings · Processes
- [Update surface geological model](/Processes/Update_surface_geological_model) — siblings · Processes
- [Update seismic model](/Processes/Update_seismic_model) — siblings · Processes
- [Correlate well data](/Processes/Correlate_well_data) — siblings · Processes
- [Integrate seismic and well model](/Processes/Integrate_seismic_and_well_model) — siblings · Processes
- [Update reservoir model](/Processes/Update_reservoir_model) — siblings · Processes
- [Characterize reservoir](/Processes/Characterize_reservoir) — siblings · Processes
- [Estimate hydrocarbon potential](/Processes/Estimate_hydrocarbon_potential) — siblings · Processes
- [Build field development scenarios](/Processes/Build_field_development_scenarios) — siblings · Processes
- [Build sub-surface development scenarios](/Processes/Build_sub-surface_development_scenarios) — siblings · Processes
- [Build facility infrastructure scenarios](/Processes/Build_facility_infrastructure_scenarios) — siblings · Processes
- [Build operating scenarios](/Processes/Build_operating_scenarios) — siblings · Processes
- [Evaluate economic viability](/Processes/Evaluate_economic_viability) — siblings · Processes
- [Evaluate well costs](/Processes/Evaluate_well_costs) — siblings · Processes
- [Evaluate facility, pipeline and other infrastructure costs](/Processes/Evaluate_facility,_pipeline_and_other_infrastructure_costs) — siblings · Processes
- [Perform prospect development economic analysis and alternatives](/Processes/Perform_prospect_development_economic_analysis_and_alternatives) — siblings · Processes
- [Perform uncertainty analysis](/Processes/Perform_uncertainty_analysis) — siblings · Processes
- [Propose development plan](/Processes/Propose_development_plan) — siblings · Processes
- [Develop proposal](/Processes/Develop_proposal) — siblings · Processes
- [Compile plan](/Processes/Compile_plan) — siblings · Processes
- [Submit regulatory reports for asset development](/Processes/Submit_regulatory_reports_for_asset_development) — siblings · Processes
- [Handover appraisal results to field development team](/Processes/Handover_appraisal_results_to_field_development_team) — siblings · Processes
- [Develop asset](/Processes/Develop_asset) — siblings · Processes
- [Develop surface facilities](/Processes/Develop_surface_facilities) — siblings · Processes
- [Prepare conceptual design](/Processes/Prepare_conceptual_design) — siblings · Processes
- [Prepare front-end engineering design (FEED) and costs](/Processes/Prepare_front-end_engineering_design_(FEED)_and_costs) — siblings · Processes
- [Prepare detailed design](/Processes/Prepare_detailed_design) — siblings · Processes
- [Execute construction and precommission](/Processes/Execute_construction_and_precommission) — siblings · Processes
- [Commission and prepare handover](/Processes/Commission_and_prepare_handover) — siblings · Processes
- [Develop subsurface](/Processes/Develop_subsurface) — siblings · Processes
- [Develop preliminary well design](/Processes/Develop_preliminary_well_design) — siblings · Processes
- [Develop detailed well design](/Processes/Develop_detailed_well_design) — siblings · Processes
- [Develop well program](/Processes/Develop_well_program) — siblings · Processes
- [Construct well](/Processes/Construct_well) — siblings · Processes
- [Modify well design based on well performance and cost](/Processes/Modify_well_design_based_on_well_performance_and_cost) — siblings · Processes
- [Handover to Production](/Processes/Handover_to_Production) — siblings · Processes
- [Produce asset](/Processes/Produce_asset) — siblings · Processes
- [Establish asset depletion strategy](/Processes/Establish_asset_depletion_strategy) — siblings · Processes
- [Define short-term and long-term "life of field" strategy](/Processes/Define_short-term_and_long-term_"life_of_field"_strategy) — siblings · Processes
- [Define term "operational" plan](/Processes/Define_term_"operational"_plan) — siblings · Processes
- [Operate asset](/Processes/Operate_asset) — siblings · Processes
- [Define operation architecture](/Processes/Define_operation_architecture) — siblings · Processes
- [Define production planning](/Processes/Define_production_planning) — siblings · Processes
- [Execute production](/Processes/Execute_production) — siblings · Processes
- [Optimize production](/Processes/Optimize_production) — siblings · Processes
- [Perform maintenance](/Processes/Perform_maintenance) — siblings · Processes
- [Manage activities](/Processes/Manage_activities) — siblings · Processes
- [Submit regulatory reports for asset production](/Processes/Submit_regulatory_reports_for_asset_production) — siblings · Processes
- [Exit opportunity](/Processes/Exit_opportunity) — siblings · Processes
- [Develop asset exit strategy](/Processes/Develop_asset_exit_strategy) — siblings · Processes
- [Perform asset sale or trade](/Processes/Perform_asset_sale_or_trade) — siblings · Processes
- [Perform asset abandonment](/Processes/Perform_asset_abandonment) — siblings · Processes
- [Develop, Produce, and Deplete Hydrocarbon Assets](/Processes/Develop,_Produce,_and_Deplete_Hydrocarbon_Assets) — siblings · Processes
- [Submit regulatory reports for plug and abandon (P&A) and site remediation for approval and release of bond for the site](/Processes/Submit_regulatory_reports_for_plug_and_abandon_(P&A)_and_site_remediation_for_approval_and_release_of_bond_for_the_site) — siblings · Processes
- [Identify trends in demand for oil and gas in future decades](/Processes/Identify_trends_in_demand_for_oil_and_gas_in_future_decades) — siblings · Processes
- [Identify trends in Exploration & Production (E&P) and midstream asset funding](/Processes/Identify_trends_in_Exploration_&_Production_(E&P)_and_midstream_asset_funding) — siblings · Processes
- [Identify trends in joint venture ownership taxation and funding](/Processes/Identify_trends_in_joint_venture_ownership_taxation_and_funding) — siblings · Processes
- [Analyze current physical asset base](/Processes/Analyze_current_physical_asset_base) — siblings · Processes
- [Analyze personnel and their knowledge/skills](/Processes/Analyze_personnel_and_their_knowledge%2Fskills) — siblings · Processes
- [Establish production target for the year](/Processes/Establish_production_target_for_the_year) — siblings · Processes
- [Develop business strategy timelines](/Processes/Develop_business_strategy_timelines) — siblings · Processes
- [Develop long-term (5 to 10 year) business strategy](/Processes/Develop_long-term_(5_to_10_year)_business_strategy) — siblings · Processes
- [Develop mid-term (1 to 3 year) business strategy](/Processes/Develop_mid-term_(1_to_3_year)_business_strategy) — siblings · Processes
- [Develop short-term (quarter to 1 year) business strategy](/Processes/Develop_short-term_(quarter_to_1_year)_business_strategy) — siblings · Processes
- [Develop commodity price collapse strategy](/Processes/Develop_commodity_price_collapse_strategy) — siblings · Processes
- [Evaluate effectiveness of organizational change](/Processes/Evaluate_effectiveness_of_organizational_change) — siblings · Processes
- [Align business unit goals with company goals](/Processes/Align_business_unit_goals_with_company_goals) — siblings · Processes
- [Obtain business financing](/Processes/Obtain_business_financing) — siblings · Processes
- [Structure resources to meet goals](/Processes/Structure_resources_to_meet_goals) — siblings · Processes
- [Acquire data on geological prospect](/Processes/Acquire_data_on_geological_prospect) — siblings · Processes
- [Evaluate data on geological prospect](/Processes/Evaluate_data_on_geological_prospect) — siblings · Processes
- [Identify and evaluate risks associated with target acquisition and development](/Processes/Identify_and_evaluate_risks_associated_with_target_acquisition_and_development) — siblings · Processes
- [Develop geologic model of prospect](/Processes/Develop_geologic_model_of_prospect) — siblings · Processes
- [Build surface geological model](/Processes/Build_surface_geological_model) — siblings · Processes
- [Build subsurface and reservoir model](/Processes/Build_subsurface_and_reservoir_model) — siblings · Processes
- [Identify missing developmental data](/Processes/Identify_missing_developmental_data) — siblings · Processes
- [Develop data acquisition plan and costs](/Processes/Develop_data_acquisition_plan_and_costs) — siblings · Processes
- [Create exploration plan](/Processes/Create_exploration_plan) — siblings · Processes
- [Conduct cultural and onsite hydrogeological, meteorological archeologic and biological analysis](/Processes/Conduct_cultural_and_onsite_hydrogeological,_meteorological_archeologic_and_biological_analysis) — siblings · Processes
- [Obtain stakeholder input](/Processes/Obtain_stakeholder_input) — siblings · Processes
- [Contract for wells and services](/Processes/Contract_for_wells_and_services) — siblings · Processes
- [Develop schedule and logistics for contracted field services](/Processes/Develop_schedule_and_logistics_for_contracted_field_services) — siblings · Processes
- [Drill exploration wells](/Processes/Drill_exploration_wells) — siblings · Processes
- [Log well](/Processes/Log_well) — siblings · Processes
- [Plug and abandon well if it does not meet minimum productivity criteria](/Processes/Plug_and_abandon_well_if_it_does_not_meet_minimum_productivity_criteria) — siblings · Processes
- [Case well](/Processes/Case_well) — siblings · Processes
- [Cement casing to formation](/Processes/Cement_casing_to_formation) — siblings · Processes
- [Perforate casing and stimulate where necessary](/Processes/Perforate_casing_and_stimulate_where_necessary) — siblings · Processes
- [Run drill stem test for productivity](/Processes/Run_drill_stem_test_for_productivity) — siblings · Processes
- [Gather and analyze data from exploration program](/Processes/Gather_and_analyze_data_from_exploration_program) — siblings · Processes
- [Obtain corporate approval to proceed](/Processes/Obtain_corporate_approval_to_proceed) — siblings · Processes
- [Establish qualifications for suppliers and ranking system](/Processes/Establish_qualifications_for_suppliers_and_ranking_system) — siblings · Processes
- [Collaborate with suppliers to identify discounts/preferred vendor status](/Processes/Collaborate_with_suppliers_to_identify_discounts%2Fpreferred_vendor_status) — siblings · Processes
- [Specify requirements, delivery criteria, performance level and proposal evaluation criteria](/Processes/Specify_requirements,_delivery_criteria,_performance_level_and_proposal_evaluation_criteria) — siblings · Processes
- [Confirm AFE (authorization for expenditure) for specific request](/Processes/Confirm_AFE_(authorization_for_expenditure)_for_specific_request) — siblings · Processes
- [Conduct solicitation for goods and services based on field requirements](/Processes/Conduct_solicitation_for_goods_and_services_based_on_field_requirements) — siblings · Processes
- [Evaluate proposals from vendors](/Processes/Evaluate_proposals_from_vendors) — siblings · Processes
- [Conduct archeological and environmental assessment along route and reroute field collection system as required](/Processes/Conduct_archeological_and_environmental_assessment_along_route_and_reroute_field_collection_system_as_required) — siblings · Processes
- [Negotiate surface right-of-way access with landowners](/Processes/Negotiate_surface_right-of-way_access_with_landowners) — siblings · Processes
- [Acquire permits for development from regulatory authorities](/Processes/Acquire_permits_for_development_from_regulatory_authorities) — siblings · Processes
- [Obtain operating permit](/Processes/Obtain_operating_permit) — siblings · Processes
- [Evaluate asset](/Processes/Evaluate_asset) — siblings · Processes
- [Measure production of oil, gas and water](/Processes/Measure_production_of_oil,_gas_and_water) — siblings · Processes
- [Establish production data management system and hydrocarbon accounting system](/Processes/Establish_production_data_management_system_and_hydrocarbon_accounting_system) — siblings · Processes
- [Measure production of hydrocarbon and produced water](/Processes/Measure_production_of_hydrocarbon_and_produced_water) — siblings · Processes
- [Measure injection of water, gas, steam, CO2, polymer](/Processes/Measure_injection_of_water,_gas,_steam,_CO2,_polymer) — siblings · Processes
- [Measure gas used for power production or flared/vented](/Processes/Measure_gas_used_for_power_production_or_flared%2Fvented) — siblings · Processes
- [Measure the chemical composition of the hydrocarbons produced](/Processes/Measure_the_chemical_composition_of_the_hydrocarbons_produced) — siblings · Processes
- [Transfer hydrocarbons produced for sale](/Processes/Transfer_hydrocarbons_produced_for_sale) — siblings · Processes
- [Define records keeping and certifications required](/Processes/Define_records_keeping_and_certifications_required) — siblings · Processes
- [Plan and manage inbound permits for materials](/Processes/Plan_and_manage_inbound_permits_for_materials) — siblings · Processes
- [Plan and manage outbound permits for materials](/Processes/Plan_and_manage_outbound_permits_for_materials) — siblings · Processes
- [Check certification to operate of transporters](/Processes/Check_certification_to_operate_of_transporters) — siblings · Processes
- [Issue transport contracts](/Processes/Issue_transport_contracts) — siblings · Processes
- [Manage materials taken to licensed off-site disposal](/Processes/Manage_materials_taken_to_licensed_off-site_disposal) — siblings · Processes
- [Submit regulatory reports for materials used and logistics](/Processes/Submit_regulatory_reports_for_materials_used_and_logistics) — siblings · Processes
- [Evaluate options for disposal of subsurface and surface assets and/or infrastructure](/Processes/Evaluate_options_for_disposal_of_subsurface_and_surface_assets_and%2For_infrastructure) — siblings · Processes
- [Evaluate options, costs and detailed plans for plug and abandon (P&A) of wells](/Processes/Evaluate_options,_costs_and_detailed_plans_for_plug_and_abandon_(P&A)_of_wells) — siblings · Processes
- [Submit detailed plans for plug and abandon (P&A) of wells and facilities and remediation of site for regulatory approval](/Processes/Submit_detailed_plans_for_plug_and_abandon_(P&A)_of_wells_and_facilities_and_remediation_of_site_for_regulatory_approval) — siblings · Processes
- [Contract for plug and abandon (P&A) of wells and facilities](/Processes/Contract_for_plug_and_abandon_(P&A)_of_wells_and_facilities) — siblings · Processes
- [Assess technology deficiencies by asset class and rank needs](/Processes/Assess_technology_deficiencies_by_asset_class_and_rank_needs) — siblings · Processes
- [Develop protocol for and conduct cost-benefit analyses](/Processes/Develop_protocol_for_and_conduct_cost-benefit_analyses) — siblings · Processes
- [Evaluate investment options based on performance and cost-benefit analysis](/Processes/Evaluate_investment_options_based_on_performance_and_cost-benefit_analysis) — siblings · Processes
- [Identify existing solutions to be leveraged](/Processes/Identify_existing_solutions_to_be_leveraged) — siblings · Processes
- [Evaluate prototype in the field and evaluate feasibility for wider deployment](/Processes/Evaluate_prototype_in_the_field_and_evaluate_feasibility_for_wider_deployment) — siblings · Processes
- [Perform hydrocarbon accounting](/Processes/Perform_hydrocarbon_accounting) — siblings · Processes
- [Record daily field production](/Processes/Record_daily_field_production) — siblings · Processes
- [Determine contract quantities of hydrocarbons sold](/Processes/Determine_contract_quantities_of_hydrocarbons_sold) — siblings · Processes
- [Value quantities sold](/Processes/Value_quantities_sold) — siblings · Processes
- [Calculate working owner and royalty owner interest](/Processes/Calculate_working_owner_and_royalty_owner_interest) — siblings · Processes
- [Distribute payments](/Processes/Distribute_payments) — siblings · Processes
- [Perform joint venture accounting](/Processes/Perform_joint_venture_accounting) — siblings · Processes
- [Record jointly controlled assets](/Processes/Record_jointly_controlled_assets) — siblings · Processes
- [Record venturer's share of expenses and income](/Processes/Record_venturer's_share_of_expenses_and_income) — siblings · Processes
- [Perform joint interest billing](/Processes/Perform_joint_interest_billing) — siblings · Processes
- [Account for land and lease assets](/Processes/Account_for_land_and_lease_assets) — siblings · Processes
- [Record and track contract information](/Processes/Record_and_track_contract_information) — siblings · Processes
- [Analyze obligations to meet drilling schedules](/Processes/Analyze_obligations_to_meet_drilling_schedules) — siblings · Processes
- [Create and maintain divisions of interest for ownership](/Processes/Create_and_maintain_divisions_of_interest_for_ownership) — siblings · Processes
- [Comply with country-specific financial accounting and regulatory reporting requirements](/Processes/Comply_with_country-specific_financial_accounting_and_regulatory_reporting_requirements) — siblings · Processes
- [Facilitate public information and education](/Processes/Facilitate_public_information_and_education) — siblings · Processes
- [Establish EHS organizational structure and resources](/Processes/Establish_EHS_organizational_structure_and_resources) — siblings · Processes
- [Establish supporting agreements with local, regional and specialized for EHS support](/Processes/Establish_supporting_agreements_with_local,_regional_and_specialized_for_EHS_support) — siblings · Processes
- [Manage EHS documents and records](/Processes/Manage_EHS_documents_and_records) — siblings · Processes
- [Develop and manage EHS communications](/Processes/Develop_and_manage_EHS_communications) — siblings · Processes
- [Establish and manage the management of change (MoC) process for EHS](/Processes/Establish_and_manage_the_management_of_change_(MoC)_process_for_EHS) — siblings · Processes
- [Monitor emissions](/Processes/Monitor_emissions) — siblings · Processes
- [Implement Permit to Work (PtW) system](/Processes/Implement_Permit_to_Work_(PtW)_system) — siblings · Processes
- [Implement EHS contractor and visitor access system](/Processes/Implement_EHS_contractor_and_visitor_access_system) — siblings · Processes
- [Evaluate options, costs and detailed plans for future monitoring and land disposition](/Processes/Evaluate_options,_costs_and_detailed_plans_for_future_monitoring_and_land_disposition) — siblings · Processes

### Problems this exposes

- [appraisal well spend weighed against thin de-risking gain](/Problems/appraisal_well_spend_weighed_against_thin_de-risking_gain) — exposes problem · Problems
- [integrating seismic, well, and production data across vintages](/Problems/integrating_seismic,_well,_and_production_data_across_vintages) — exposes problem · Problems
- [fiscal-terms and regulatory risk vary sharply by basin](/Problems/fiscal-terms_and_regulatory_risk_vary_sharply_by_basin) — exposes problem · Problems
- [bid valuation under incomplete data-room information](/Problems/bid_valuation_under_incomplete_data-room_information) — exposes problem · Problems
- [reserve and volumetric estimates carry wide subsurface uncertainty](/Problems/reserve_and_volumetric_estimates_carry_wide_subsurface_uncertainty) — exposes problem · Problems
- [Maintaining A Defensible Live View Of Prospect Risk And Value](/Problems/Maintaining_A_Defensible_Live_View_Of_Prospect_Risk_And_Value) — exposes problem · Problems

### Automated by

- [Exploration Portfolio Software](/Software/Exploration_Portfolio_Software) — automated by · Software
- [Screen Acreage Opportunities](/Activities/Screen_Acreage_Opportunities) — automated by · Activities
- [Model Prospect Volumes](/Activities/Model_Prospect_Volumes) — automated by · Activities

### Outsourced to

- [Drilling Contractor](/CompanyTypes/Drilling_Contractor) — outsourced to · CompanyTypes
- [Geophysical Services Firm](/CompanyTypes/Geophysical_Services_Firm) — outsourced to · CompanyTypes

### Delivered by

- [Landman](/JobTypes/Landman) — delivered by · JobTypes
- [Petroleum Engineer](/JobTypes/Petroleum_Engineer) — delivered by · JobTypes
- [Exploration Geologist](/JobTypes/Exploration_Geologist) — delivered by · JobTypes
- [New Ventures](/Departments/New_Ventures) — delivered by · Departments
- [Exploration](/Departments/Exploration) — delivered by · Departments

### Industries where this operates

- [Support Activities for Mining](/Industries/Support_Activities_for_Mining) — operates in · Industries