Oil & Gas Geology ›› 2007, Vol. 28 ›› Issue (5): 557-563.doi: 10.11743/ogg20070503

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Correct strategies and decisions being critical for the sustainable development of oil/gas exploration in China

Wang Tingbin   

  1. Research Institute of Petroleum Exploration & Production, SINOPEC, Beijing 10083, China
  • Received:2007-07-20 Online:2007-10-25 Published:2012-01-16

Abstract:

People's correct thinking plays an important role in oil/gas exploration.Correct exploration decisions and strategies are the basis for discovering large oil/gas fields.To ensure a sustainable development of oil/gas exploration in China,the same set of standards should be used to eliminate factors that might affect the right decisions,and exploration decisions and strategies should be continuously adjusted and changed based on the latest geological data in the whole process of exploration.

Key words: risk and uncertainty, exploration strategy, oil/gas exploration decision

CLC Number: