Business, 16.11.2019 04:31, robert7248
An oil company is drilling a series of new wells on the perimeter of a producing oil field. about 20 % of the new wells will be dry holes. even if a new well strikes oil, there is still uncertainty about the amount of oil produced: 40 % of new wells which strike oil produce only 1,000 barrels a day; 60 % produce 5,000 barrels a day.
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An oil company is drilling a series of new wells on the perimeter of a producing oil field. about 20...
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