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{| class = "wikitable"
 
{| class = "wikitable"
 
|-
 
|-
! Step
+
! Step || Action || Example(s)
! Action
  −
! Example(s)
   
|-
 
|-
| 1
+
| 1 || State the problem || Asking “Where are the economical hydrocarbon accumulations?”
| State the problem
  −
| Asking “Where are the economical hydrocarbon accumulations?”
   
|-
 
|-
| 2
+
| 2 || Collect observations || Collecting outcrop, [[Seismic data|seismic]], and well log data
| Collect observations
  −
| Collecting outcrop, [[Seismic data|seismic]], and well log data
   
|-
 
|-
| 3
+
| 3 || Formulate hypothesis || Correlating seismic records with well logs [[Contour]]ing structural and thickness data
| Formulate hypothesis
  −
| Correlating seismic records with well logs [[Contour]]ing structural and thickness data
   
|-
 
|-
| 4
+
| 4 || Make predictions || Recommending lease purchases Recommending drilling a test well on the basis of map interpretation
| Make predictions
  −
| Recommending lease purchases Recommending drilling a test well on the basis of map interpretation
   
|-
 
|-
| 5
+
| 5 || Test predictions by observing phenomena || Seismically detailing a structural prospect Drilling a [[wildcat]] well
| Test predictions by observing phenomena
  −
| Seismically detailing a structural prospect Drilling a [[wildcat]] well
   
|-
 
|-
| 6
+
| 6 || Accept, modify, or reject the hypothesis || Drilling another wildcat well Promoting a well to test a modified hypothesis Dropping acreage
| Accept, modify, or reject the hypothesis
  −
| Drilling another wildcat well Promoting a well to test a modified hypothesis Dropping acreage
   
|}
 
|}
  

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