Exploration and Production


Companies involved in the high-threat/high-reward area of exploration and production focus on searching, expanding, producing and retailing different types of oil and gas. As the need to find fresh and new oil and gas deposits increases, the exploration industry will be persistently driven toward the use of more advanced investigating methods, including latest seismic technologies. The industry also consists of the recovery of butane, ethane and natural liquefied petroleum gases (LPG) recovered from oil and gas fields. The Oil & Gas Exploration and Production industry eliminate exploration services on settlement basis, classified in Oil Related Services & Equipment, and exploration and production with substantial refining operations, classified in Integrated Oil & Gas.


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