Processes
Develop exploration strategy
How develop exploration strategy are reshaped as AGI capability advances.
ProcessesDevelop exploration strategy
Business-as-Code
Read as an executable program — the work decomposed into Code, Generative, Agentic, and Human.
Develop exploration strategy 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 exploration strategy inherits.
Where Develop exploration strategy sits
Part of
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How the work flows
Trigger: Corporate leadership initiates the strategic planning cycle to identify and secure new hydrocarbon reserves.
- Review corporate reserve replacement targets and financial parameters
- Analyze macroeconomic trends and commodity price forecasts
- Evaluate regional geological basins and historical play data
- Assess technical feasibility and geopolitical risks of potential targets
- Prioritize exploration opportunities into a strategic portfolio
- Finalize and secure executive approval for the exploration strategy
Outcome: A prioritized portfolio of exploration targets and an approved budget are established to guide upstream drilling activities.
Measured by
Strategy Development Cycle TimeEstimated Portfolio Net Present ValueReserve Replacement Ratio ForecastStrategy Development Cost