Probability is important based on seismic data interpretation and piecing all the information for the best chance of success. Obviously lots of high chance drills fail and low chance drills succeed. Like a casino 51% in favour of the house is very significant although it’s only 1% more.
Much like Schrödinger’s cat the cat is both alive and dead until you look.
The oil is there and it’s not there. But our looking will cause one event or the other.
Is it my or your destiny to be a multimillionaire??? You won’t know until you look and if you don’t hold you don’t look. Whether it be 30% , 50% or 80% is a technical number for technical success. Commercial success well that’s just destiny....
COS .... whats it mean?, page-41
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