Exploration risk is best understood by studying historically what has and has not been successful in a basin. In other words, what combination of the seven critical elements occurred to form existing fields and, conversely, what are the main reasons for the [[dry hole]]s in that same basin? Is a common element responsible for the dry holes? | Exploration risk is best understood by studying historically what has and has not been successful in a basin. In other words, what combination of the seven critical elements occurred to form existing fields and, conversely, what are the main reasons for the [[dry hole]]s in that same basin? Is a common element responsible for the dry holes? |