Taking up the challenges of Oil & Gas Exploration
Through both our historical (rifts and grabens, large deltas, foothills) and our emerging targets (pre-salt carbonate formations, abrupt margins, unconventional plays) Total has presence in all of today’s main geological contexts. Our oil & gas exploration strategy aims to balance our exposure to risk and maximize our value creation. To contribute to our reserve replacement, we have set our sights on discovering more than 400 million barrels of oil equivalent per year.
From prospecting for promising new acreage to managing our exploration wells, our exploration strategy is based on tightly integrated and leading-edge expertise in the geosciences, reservoir engineering and drilling, supported by reservoir management experts and economists who take part in analyzing the economic value of every project.