The Oil Exploration market is a segment of the Oil and Gas Exploration and Production industry. It involves the search for and evaluation of potential oil and gas reserves, as well as the development of those reserves into production. Exploration activities include seismic surveys, drilling, and other methods of data collection. The goal of exploration is to identify and quantify the size and quality of the oil and gas reserves. Exploration activities are typically conducted by oil and gas companies, which may be independent or part of a larger corporation. These companies may also partner with other companies to share the costs and risks associated with exploration. Some of the major companies in the Oil Exploration market include ExxonMobil, Chevron, Royal Dutch Shell, BP, Total, and ConocoPhillips. Show Less Read more
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