Exploration Insights November 2019 | Page 2

K 2019 The Cretaceous World: Unique Geology and Rich Petroleum Endowment YEAR OF THE CRETACEOUS “This year, we carried out an integrated investigation of Cretaceous frontiers to provide innovative, big-picture thinking.” Welcome to this Cretaceous Special Edition of the Exploration Insights magazine, marking the culmination of the ‘Year of the Cretaceous’ work undertaken at Neftex ® Insights. In the context of present-day exploration, Cretaceous rocks contain some of the most eagerly pursued plays, including deep-water clastic and carbonate build-up reservoirs. This year, we carried out an integrated investigation of Cretaceous frontiers to provide innovative, big-picture thinking that delivers a considered ranking and high- grading of these exploration opportunities. Throughout 2019, we have published articles spanning Cretaceous fan scaling, climate modeling, and specific basin studies. In this edition, we explore the value of a systematic and predictive approach to investigating Cretaceous events and trends, and we examine the link between Cretaceous oceanic anoxic events (OAEs) and the deposition of source rocks. We also look at how cloud-hosted technologies can help to assess global exploration potential., We continue our popular Exploration Handbook series, which defines not only the exploration process, but documents the risks that certain products or disciplines attempt to constrain. This month, we discuss the interpretation and analysis of seismic data. Your interest in this publication is very much appreciated and your feedback is always welcome. The unique geology and rich petroleum endowment of the Cretaceous encompasses a series of time-specific events and trends that can act as powerful predictive tools. This article illustrates, by means of a series of stratigraphic charts, how these main events and trends can facilitate Cretaceous petroleum exploration. CONTENTS 04 Adding Context to Oceanic Anoxic Events as Source Rock Drivers: A New Approach for Frontier Areas Mis-prediction of source rock is the main reason that frontier wells fail to find commerical quantities of hydrocarbons. The concept of ocean anoxic events is commonly used to predict source rocks in these areas, especially for Cretaceous sediments. We investigate the prevalence of OAE-related, organic-rich deposits and evaluate how well source rocks can be predicted using an Earth System Science approach. 13 Editor Rebecca Head Editorial Advisors Mike Simmons Thomas Jewell Design and Circulation Stefanie Clayton On the cover: Old Harry, Dorset Scan the QR code below and sign up to receive our monthly digital magazine. A Global Approach to Screening Exploration Potential This article explores how regional subsurface interpretations and data can be synthesized into a consistent, global assessment of exploration potential. In addition, it will examine how the application of standards at this early stage in the exploration workflow enables cloud-hosted processing technologies to assimilate new data quickly, and update the analysis rapidly, as exploration proceeds. 22 The Exploration Handbook — Seismic Data Helen Smyth DOMAIN OWNER BASIN ANALYSIS This magazine is published by Halliburton Landmark. For comments and suggestions contact: [email protected]. Seismic analysis is the fundamental tool for exploration. It is used to generate mega sequence, framework, and rock property models for subsurface assets. These models illuminate the value of an asset or are used to plan strategies for subsurface intervention. Uncertainties surround these models and an appreciation of them is vital., 30