Our Business
Business Flow
Exploration
In addition to terrestrial geological surveys, we utilize geophysical surveys conducted through satellite images and seismic waves in order to assess the potential subsurface accumulations of oil and natural gas. Furthermore, we drill exploratory wells in order to confirm the presence of oil and gas fields.
Appraisal
Once the presence of oil and natural gas has been confirmed, we drill an appraisal well to assess the extent of the oil and gas fields and to evaluate the amount of reserves. In addition, we make comprehensive judgments regarding the commercial viability of the fields such as examining profitability.
Development
We drill production wells for the production of oil and natural gas. We also construct gas processing facilities and a transport pipeline, which are necessary for production and shipping.
Production and Sales
We perform production and operation management such as refining/treatment to create products from the oil and natural gas excavated from the production wells. We also engage in marketing and sales for the produced crude oil, condensate, LPG, natural gas and LNG.