Exploration techniques are now so efficient that approximately one out of every two exploratory wells drilled strikes a commercially valuable deposit of oil or natural gas.

Question

Quizplus · Accepted Answer

While advancements in exploration techniques have increased the success rate of exploratory wells, the statement that "approximately one out of every two exploratory wells drilled strikes a commercially valuable deposit of oil or natural gas" is not accurate. The success rate varies depending on the location and geology of the area being explored.

Exploration Techniques Are Now So Efficient That Approximately One Out