Acquire, Explore, and Appraise Hydrocarbon Assets
How acquire, explore, and appraise hydrocarbon assets are reshaped as AGI capability advances.
The bottom line
Only about 25% of Acquire, Explore, and Appraise Hydrocarbon Assets is information work today — the rest is physical, and moves slowly. The exposure is concentrated in the back office: the books, the paperwork, the scheduling, the marketing.
Why: Without seeded child occupations, this process is evaluated based on its name and anchored industry lens ('Oil and Gas Extraction'). The upstream petroleum work of exploring and appraising hydrocarbon assets inherently requires extensive physical field operations, such as seismic surveying and exploratory drilling. Guided by the industry prior which strongly indicates a physical focus (< 0.3), I have assigned a near band-center value of 0.25.
grounded in the economy graph · digital scalar 0.25 · physical
Business-as-Code
Read as an executable program — the work decomposed into Code, Generative, Agentic, and Human.
Acquire, Explore, and Appraise Hydrocarbon Assets sits inside a larger value-flow — 1 parent structure it composes into. The hierarchy is grounding, not the story: it tells you which aggregate exposure Acquire, Explore, and Appraise Hydrocarbon Assets inherits.
Where Acquire, Explore, and Appraise Hydrocarbon Assets sits
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How the work flows
Trigger: A strategic mandate to grow reserves or a new government lease sale initiates the search for hydrocarbon prospects.
- Identify prospective geological basins and plays
- Negotiate and acquire land leases or mineral rights
- Conduct and analyze seismic and geophysical surveys
- Drill exploratory wells to confirm the presence of hydrocarbons
- Drill appraisal wells to define reservoir boundaries and flow rates
- Calculate proven and probable reserve estimates
- Determine economic viability for development or relinquishment
Outcome: A delineated hydrocarbon reservoir is quantified and approved for commercial development, or the acreage is relinquished.