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{"id":2200,"date":"2014-12-16T01:00:38","date_gmt":"2014-12-16T07:00:38","guid":{"rendered":"http:\/\/oilandgasadmins.com\/oga\/?p=2200"},"modified":"2015-01-08T13:36:23","modified_gmt":"2015-01-08T19:36:23","slug":"definition-of-the-day-oil-gas-life-cycle-appraisal","status":"publish","type":"post","link":"https:\/\/oilandgasadmins.org\/oga\/definition-of-the-day-oil-gas-life-cycle-appraisal\/","title":{"rendered":"Definition of the Day – Oil & Gas Life Cycle “Appraisal”"},"content":{"rendered":"

The exploration phase of the oil and gas life cycle closely intertwines with the next stage of the process\u00a0which is APPRAISAL. \u00a0The objective of Appraisal is to obtain information about the reservoir to decide\u00a0whether or not to proceed with development of the field. This stage is comprised of the following activities:<\/p>\n