U
Location Map
Loading ArcGIS map...
Layers
Geological Tiers:
T1
T2
T3
T4
Basin Success Repeatability
Basin Success Repeatability Ranking
| No data | ||||||||
0-0 of 0 entries
Basin Success Repeatability Tier Criteria
Well Success Ratio
Well Success Ratio = Number of Successful Explorations / Number of Explorations
This ratio indicates the percentage of exploration wells that resulted in a successful discovery.
Tier 1 - High-Repeatability, High Reward
- ●Discovered Recoverable Reserves (MMboe) ≥ 5,000 MMboe
- ●Well Success Ratio ≥ 0.30
Tier 2 - High Repeatability, Medium Reward
- ●Discovered Recoverable Reserves (MMboe) < 5,000 MMboe
- ●Well Success Ratio > 0.30
Tier 3 - Low Repeatability, High Reward
- ●Discovered Recoverable Reserves (MMboe) ≥ 5,000 MMboe
- ●Well Success Ratio < 0.30
Tier 4 - Low Repeatability, Medium Reward
- ●Discovered Recoverable Reserves (MMboe) < 5,000 MMboe
- ●Well Success Ratio ≤ 0.30