International Business Machines Corporation
Assisting prospect evaluation in oil and gas exploration

Abstract:

A system, method and program product for evaluating a prospect. The method includes: receiving prospect information regarding a prospect for natural resource exploration; extracting a set of characteristics based on the prospect information; identifying a set of similar prospects and a set of prospect exploration results, based on the set of characteristics; receiving a success estimate for the prospect; validating the success estimate based on the set of characteristics, the set of similar prospects, and the set of prospect exploration results to determine inconsistencies in the success estimate; and approving the success estimate or receiving an updated success estimate, based on the inconsistencies in the success estimate.