Processes

Develop, Produce, and Deplete Hydrocarbon Assets

How develop, produce, and deplete hydrocarbon assets are reshaped as AGI capability advances.

ProcessesDevelop, Produce, and Deplete Hydrocarbon Assets
Develop, Produce, and Deplete Hydrocarbon Assets — illustrated

The bottom line

Only about 15% of Develop, Produce, and Deplete 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: With no seeded child occupations, the scalar is derived from the industry lens ('Oil and Gas Extraction') and the process name. Developing and producing hydrocarbon assets is inherently physical work involving heavy machinery, drilling, and on-site field operations; while software orchestrates the extraction, the value-producing step is heavily physical.

grounded in the economy graph · digital scalar 0.15 · physical

Business-as-Code

Read as an executable program — the work decomposed into Code, Generative, Agentic, and Human.

Develop, Produce, and Deplete 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 Develop, Produce, and Deplete Hydrocarbon Assets inherits.

Where Develop, Produce, and Deplete Hydrocarbon Assets sits

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How the work flows

Trigger: A final investment decision approves the development of a newly appraised hydrocarbon reservoir.

  1. Plan field development and production strategies
  2. Drill and complete production and injection wells
  3. Construct and commission surface processing facilities
  4. Extract, separate, and route hydrocarbons for transport
  5. Optimize reservoir pressure and production rates
  6. Perform well workovers and facility maintenance
  7. Plug wells and decommission infrastructure

Outcome: Hydrocarbon reserves are extracted to their economic limit and the asset infrastructure is safely decommissioned.

Measured by

Total Production VolumeLifting CostReservoir Recovery FactorFacility Uptime