Exploration's role is to give the knowledge needed to exploit the best opportunities in the locations chosen, as well as to supervise research operations on the blocks obtained. Geological exploration is stated as the process of identifying a commercially viable mineral resource with the goal of doing so within the feasible amount of time whilst being inexpensive. Technology has largely driven modern mineral discovery due to the evolution of exploration technology over the last century, as well as the emerging exploration challenges. Exploration of natural resources is costly and dangerous. However, it brings with it new challenges and opportunities. Before spudding an exploration well, an oil company may work on a prospective location for several years, studying the geological history of the area and quantifying the possibility of hydrocarbons being present.
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