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Animal studies show that captivity can stunt the normal development of young primates, leading to abnormally high fear and reduced exploration behaviours.
This will include reduced exploration spend, a fresh look at capital allocation in longer-term plays, and asset sales spanning upstream and downstream," Mr van Beurden explained.
The Halliburton Company, the oil field services provider, said Monday that first-quarter profit fell 35percentt after a decline in crude prices reduced exploration and spending by customers.
The NEP created a fierce conflict between the central government and the energy-producing provinces (particularly Alberta), chased private investment capital out of Canada, and drastically reduced exploration for oil and gas.
The oil industry has not increased, and in some cases has reduced, exploration budgets, making a tight supply even tighter up ahead.
In conjunction with appropriate exploration tools, it reduced exploration risk by avoiding "false alarms," since it can effectively indicate areas without hydrocarbon potential, even when other geophysical tools would suggest prospectivity.
Similar(31)
Opponents of the oil tax increase, most of them conservative Republicans, say it ultimately may reduce exploration in the North Slope at a time when oil production is declining.
These exploration methods can be used in combination with other data, such as geological and geophysical, to reduce exploration costs and increase success rates [Schumacher 2000].
Analysts worry that a decline in energy demand will reduce exploration and production spending concerns echoed by Schlumberger in last week's third-quarter earnings report.
The Delaware Fuzzy Expert Exploration Tool (FEE Tool) is an expert system designed to reduce exploration risk for the Lower Brushy Canyon formation of the Delaware Basin.
Space-borne remote sensing imaging allows precise coverage of vast regions with basic data for geological exploration while significantly reducing exploration costs.
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