To borrow from RichMan73: "O&G exploration companies simply do...

To borrow from RichMan73:

"O&G exploration companies simply do not drill wells on 2D data anymore: if they can afford to, they fund 3D seismic, it is the norm not the exception.  3D seismic dramatically increases the chances that the company will identify hydrocarbons if they are present and will identify an optimal target.

To promote drilling based on old, poorly shot 2D seismic is inviting a further financial catastrophe."