Although the global transition to alternate energy sources has begun, for the coming decades the world’s chief reliance will be on oil and natural gas supplies. Therefore, petroleum exploration must be concentrated toward discovering the oil and gas that lie untapped in both the known petroleum producing areas of the world and in the frontier regions. These frontier areas—the deserts, ice-covered lands, deep waters, and remote continental interiors—are estimated to hold vast hydrocarbon accumulations. It is in these sectors where future oil and gas discoveries could make the difference between a proper energy transition or a global catastrophe.
Explorationists must reevaluate the mature and developing petroleum regions of the world. The vast ocean areas and the remote continental interiors must also be carefully and thoroughly appraised to ascertain their petroleum potential. In conjunction with these investigations, new and better uses of geology, geophysics, and petroleum engineering and technology must be employed so as to enhance not only exploration, but development and production.