Together with generalized self-similarity and the fractal spectrum, local singularity analysis has been introduced as one part of the new 3S principle and technique for mineral resource assessment based on multifractal modeling, which has been demonstrated to be useful for anomaly delineation. Local singularity is used in this paper to characterize the property of multifractal distribution patt...

How Do R&D Programs Funded by the DG XII (Science, Research and Development Directorate) of the European Commission Impact the Upstream Oil and Gas Industry in Europe? — This paper provides an overview of the direct and indirect impact which DG XII funding for research and development has on the oil and gas exploration and production industry in Europe. Despite the relatively low level of fundi...

The objective of this paper is to prospect and analyse the main challenges faced when defining and building virtual reality workspaces for Exploration & Production oil & gas activities. Initially, we classify and describe the different challenges. Then, we present the main activities in the oil & gas industry that use this technology.

Implementation of hydraulic fracturing dramatically altered the fundamentals in the oil and gas markets. A new technology rst got implemented in the natural gas market, but by 2012 unprecedentedly low gas prices forced most exploration rms to switch to shale oil exploration. Large capital expenditure on drilling activity resulted in the growth of oil production in the US, and likely triggered t...

Regarding the contingency theory, the purpose of this research is to identify factors affecting the development of accounting and financial management procedures for joint operating agreements in Iran's oil and gas industry. To this end, at first, some partial factors were identified through deep study of theoretical foundations. Subsequently, in order to identify environmental factors, a semi-...

Outline and summary • Oil company reserves disclosures are one of the most important pieces of information that the financial sector requires in order to analyse, compare and contrast the past and prospective operational performance of oil and gas exploration and production firms. • Recent reserves re-categorizations by several companies have only served to highlight the inadequacy of the publi...

Methane is the second most important greenhouse gas (GHG) after carbon dioxide. Amount of methane emission from energy sector is increasing day by day with various activities. In present work, various sources of methane emission from upstream, middle stream and downstream of oil & gas sectors are identified and categorised as per IPCC-2006 guidelines. Data were collected from various oil & gas ...