Scenario 17-2 Imagine That Two Oil Companies, Big Petro Inc.and Gargantuan Gas

Scenario 17-2
Imagine that two oil companies, Big Petro Inc.and Gargantuan Gas, own adjacent oil fields.Under the fields is a common pool of oil worth $24 million.Drilling a well to recover oil costs $1 million per well.If each company drills one well, each will get half of the oil and earn a $11 million profit ($12 million in revenue minus $1 million in costs) .Assume that having X percent of the total wells means that a company will collect X percent of the total revenue.
-Refer to Scenario 17-2.If Big Petro Inc.were to drill a second well,what would its profit be if Gargantuan Gas did not drill a second well

A) $14 million
B) $15 million
C) $16 million
D) $17 million