How ScienceDirect knowledge is vital for success at Repsol
Discover how exploration professionals meet the challenge of locating and evaluating potential product sites in increasingly demanding environments
With more than 40 discoveries in the last five years, eight of which are the world’s largest finds, Repsol’s exploration and production activity proves to be a strong growth engine. This Madrid-based integrated global energy company, with upstream and downstream operations in 50 countries, has a strong exploration pipeline: a projected average annual production growth of 200,000 barrels of oil equivalent per day with ten key growth projects in several countries around the world. Yet the company’s exploration professionals must locate and evaluate potential production sites in increasingly challenging environments.
"ScienceDirect is very widely used. I think they have the most important collection from the oil and gas sector here in the Exploration and Production division." Leticia De Castro, Head of Global Information and Documentation at Repsol
The race to find potential new production fields — and quickly ascertain their viability — is competitive and fast-paced. Geologists and geophysicists like Dr. Carlos Giraldo, a Repsol Senior Geologist working in the energy industry for 26 years, need instant access to a variety of research and data to meet mandates for site identification and development.
Repsol researchers like Giraldo rely on ScienceDirect’s peer-reviewed journals to provide the key information they need to successfully evaluate the potential environments and opportunities. As he explains, effective projects rely on a deep understanding of science knowledge and geological data. Literature review and data interpretation are important parts of building their reports and recommendations to management.
We don’t do science here in Exploration, but we need to be very close to academia and the institutions doing research, Giraldo explains. He manages about 80% of the literature review for his projects, identifying relevant research and assimilating opinions.
The most important benefit for me is to update our knowledge, and that is very important in exploration, he says.
"We know that ScienceDirect is a very good tool because the researchers always say that it is critical for their job. They cannot be without the ScienceDirect subscription." Leticia De Castro, Head of Global Information and Documentation at Repsol
For Giraldo, the reliable research in ScienceDirect is essential to the task of advising management on exploration opportunities. Its unique combination of authoritative research and accessibility make it an indispensable tool for successful evaluations.
We are always connected to the research. This is part of the business — updating the knowledge of new methodologies, research and the new topics to any specific field of exploration, Giraldo explains.
For that reason, I spend several hours a week reviewing new and old papers, with a very significant number of them coming from ScienceDirect. I’m using ScienceDirect every week. The papers allow us to understand the geology and to focus and make a decision about an area where we should spend more time or more money in our business.
Download the full case study to learn more (PDF, 617kb)