Affiliation:
1. Gulf Research & Development Company, Pittsburgh, Pennsylvania
Abstract
The expectation expressed at our convention a year ago that geophysical activity would reach a new record high in 1948, has been amply fulfilled. For the oil industry the year 1948 was record making in many respects. At its end, the reserves of the industry stood at a new all time high, in spite of their depletion by record breaking production. The over‐all exploratory effort not only replaced the oil produced but, in addition, provided a margin of over a billion barrels for the future. This report is confined to the geophysical aspects of exploration and aims to provide only a picture of its magnitude, its character and its geographic distribution.
Publisher
Society of Exploration Geophysicists
Subject
Geochemistry and Petrology,Geophysics
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献