Our Value

We measure exploration success by our ability to deliver on our predictions and to learn from the deviations. We have built a best-in-class process for assessing, pursuing and managing our exploration program that we apply to every opportunity, everywhere in the world. In addition to a strong focus on prediction, we leverage and continuously grow our technical capabilities, and we learn from every well we drill. With a firm belief that tracking is the foundation for learning from our experiences, we stand alone among peer companies in tracking four key variables – success rates, resources, geologic inputs and economic variables – as key inputs for the post-drill evaluation that we conduct on every well.

Recognizing that the quality of our opportunities depends on the strength of our relationships, we work collaboratively with governments and business partners, applying innovation and expertise to help find new opportunities and deliver value.