Collaborative visualization success story
For BP the success rate for exploration wells has gone from 10% to 50% in the last 30 years.
But the ability of high-resolution, 3-D techniques, coupled with modern visualization techniques, to pinpoint drilling targets really has opened up a world of exploration that was not available 30 years ago. In fact the use of 3-D seismic has significantly improved the success rate for exploration wells. The average exploration well success rate 20 years ago was 10 percent, Faust said.
“With the advent of 3-D data that jumped to almost 50 percent,” Faust said. “So suddenly you were drilling far fewer wells to find the same amount of oil.” - http://www.petroleumnews.com/pntruncate/589582298.shtml

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