In the upstream energy industry, explor-ation and production are like yin and yang—opposite yet complementary or symbiotic elements of a unified system. Professionals engaged in these two major phases of the reservoir life cycle—geoscientists on the one hand, engineers on the other—have uniquely different mindsets, with time-honored approaches to challenges and opportunities. Yet both are absolutely vital to the well-being of the industry and of the global economy.

Unfortunately, the yin and yang of E&P are out of harmony.

For years, oil and gas companies have globalized strategic exploration projects, aggressively applying cutting-edge geophysical technologies and portfolio management methods to...

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