The Most Expensive Way to Ask a Question
The dry hole is exploration’s largest controllable cost. Bringing subsurface evidence to target selection, before the rig moves, is how a program cuts it.
The dry hole is exploration’s largest controllable cost. Bringing subsurface evidence to target selection, before the rig moves, is how a program cuts it.
Exploration is the only industry that routinely spends six figures to learn it was wrong. A dry hole is not a failure of execution. It is the base case.