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Pay (geology) Pay is an expression used in hydrocarbon mining. It denotes a portion of a reservoir that contains economically recoverable hydrocarbons. The term derives from the possibility of "paying" an income surpassing the costs. Equivalent terms are pay sand or pay zone. Overall interval in which pay volumes occur is the gross pay; smaller ...
Petroleum geology is principally concerned with the evaluation of seven key elements in sedimentary basins: A structural trap, where a fault has juxtaposed a porous and permeable reservoir against an impermeable seal. Oil (shown in red) accumulates against the seal, to the depth of the base of the seal. Any further oil migrating in from the ...
Hydrocarbon exploration is a high risk investment and risk assessment is paramount for successful project portfolio management. Exploration risk is a difficult concept and is usually defined by assigning confidence to the presence of the imperative geological factors, as discussed above.
An isopach map (/ ˈaɪsoʊpæk /) illustrates thickness variations within a tabular unit, layer or stratum. Isopachs are contour lines of equal thickness over an area. Isopach maps are utilized in hydrographic survey, stratigraphy, sedimentology, structural geology, petroleum geology and volcanology. An isopach map is similar to an isochore ...
Environmental geology, like hydrogeology, is an applied science concerned with the practical application of the principles of geology in the solving of environmental problems created by man. It is a multidisciplinary field that is closely related to engineering geology and, to a lesser extent, to environmental geography . [ 1 ]
Geophysicist. Geoscientists. A geologist is a scientist who studies the structure, composition, and history of Earth. Geologists incorporate techniques from physics, chemistry, biology, mathematics, and geography to perform research in the field and the laboratory. Geologists work in the energy and mining sectors to exploit natural resources.
Year of acquisition. 1986. Millerite - Arsenian Pyrite specimen from the underground Meikle mine, Goldstrike complex. Goldstrike is a gold mine in Eureka County in north-eastern Nevada. It is located on the Carlin Trend, a prolific gold mining district. It is owned and operated by Barrick Gold. Since Barrick acquired Goldstrike in 1986, until ...
Geology (from Ancient Greek γῆ (gê) 'earth' and λoγία (-logía) 'study of, discourse') [ 1 ][ 2 ] is a branch of natural science concerned with the Earth and other astronomical objects, the rocks of which they are composed, and the processes by which they change over time. [ 3 ]