Progress and Prosperity-English - Kuwait Oil Company

carbon generation and migration in basin and tocorrelate the oil-oil and oil source rock samples.In addition, to identify various reservoir alterationsof particular oil occurrence.· Economic Feasibility Prospect Evaluation:The prospective evaluation is dual with economicsof the potential traps after running the technicalgeological & geophysical studies/surveysfor defining the oil entrapment. The assessmentof the economical value of these traps is veryessential to show the elements of risk analysis,the oil in place and the recoverable reserves, theexploration and development cost estimates foreconomic feasibilities.After completion of all required studies and identificationof economic feasibility for the reservoirintended for exploration, geologists provide recommendationswhich include explanation for allprevious phases in addition to one or two locationsthat have been identified through studiesto conduct drilling indicating risk rate and thedifference between one site and the other.All these studies are then highlighted by drillingexploration wells to prove oil presence, wherethese wells may be drilled to intermediate ordeeper depths. After the completion of explorationdrilling and oil has been discovered, theprospects are then transferred to the next phase,which is the delineation & appraisal drilling todefine the boundaries of the discovered fieldand to assess the recoverable oil reserves.هذا11