RE: Exxon13 Jan 2023 22:36
Trujack -
"They take the data they are given and analyze it"
Yes and the fact they came to the conclusion that there is 1Bn barrels of oil down there based on the small area of acerage analysed initially by copl speaks volumes, especially given the expertise and experience at their fingertips....
RyderScott -
"Behind every report are the Ryder Scott experts. Over the years, Ryder Scott has recruited and assembled top geoscientists and engineers—highly educated and honed by decades of experience. Over and over again, our professionals have earned respect by successfully tackling the toughest reservoir-evaluation challenges in the world.
Petroleum reservoir evaluations are a mix of
geoscience, engineering and economics. In an age of advanced technological sophistication, skillful interpretation and scientific judgment are indispensable tools. When results have to be analyzed, “black box” science is no substitute for experienced-based reasoning and judgement.
Experience levels of Ryder Scott professionals
average more than 20 years per person. Work histories vary from experience with small independent producers to major international operating companies."
And as we know only a small part has been analysed so far ;))