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Processes

What will AGI do for Acquire, Explore, and Appraise Hydrocarbon Assets?

AI-deliverabilityphysical

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.

A strategic mandate to grow reserves or a new government lease sale initiates the search for hydrocarbon prospects.

Trigger
A strategic mandate to grow reserves or a new government lease sale initiates the search for hydrocarbon prospects.
Outcome
A delineated hydrocarbon reservoir is quantified and approved for commercial development, or the acreage is relinquished.

The work itself

Grounded Work Profile

Measured by

  • Finding And Development CostprocessProfile
  • Reserve Replacement RatioprocessProfile
  • Exploration Success RateprocessProfile
  • Appraisal Cycle TimeprocessProfile

Key steps

  • Identify prospective geological basins and playsprocessProfile
  • Negotiate and acquire land leases or mineral rightsprocessProfile
  • Conduct and analyze seismic and geophysical surveysprocessProfile
  • Drill exploratory wells to confirm the presence of hydrocarbonsprocessProfile
  • Drill appraisal wells to define reservoir boundaries and flow ratesprocessProfile
  • Calculate proven and probable reserve estimatesprocessProfile
  • Determine economic viability for development or relinquishmentprocessProfile

How AGI delivers it

Four ways AGI delivers for Acquire, Explore, and Appraise Hydrocarbon Assets

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do

  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do

  • Business-as-Code

    Encode how your work runs, once, as software that executes itself.

    Platform.do

Value flow

How Acquire, Explore, and Appraise Hydrocarbon Assets connects

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