Photo: Exploration Revived Award 2021 was given to ConocoPhillips. Colin Hirning, Director New Exploration Ventures Growth and some of the members of his team, accepted the award on behalf of ConocoPhillips.
In 2016, ConocoPhillips successfully revived their exploration strategy with focus on the Norwegian Sea and North Sea, and a shift in attention from numbered rounds to APA acreage. The company has taken a holistic exploration approach, integrating regional-play based assessments, large scale reprocessing of broadband seismic, advanced rock physics and big data analyses. They emphasize the value of working with partners, vendors, and from harnessing expertise within their greater company. The thorough work has led to a successful operated drilling campaign with four discoveries in four different plays; Busta and Enniberg in the North Sea, and Warka and Slagugle in the Norwegian Sea. For Busta and Warka they challenged prevailing paradigms and trusted their analyses around the stratigraphic traps in deeper environments, and for Slagugle and Enniberg they fully leveraged seismic image improvements to illuminate the detailed trapping configurations. The nomination committee wishes to commend ConocoPhillips for their stamina and exploration focus, and their willingness to test new and underexplored play models and trap types as well as more traditional prospects across the NCS.
Congratulation to the ConocoPhillips team!