Oil reserves
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bonnieginter
What are some of the terms used when evaluating the quality of petroleum?
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pboks
Replied to:  What are some of the terms used when evaluating the quality...
A 'dry hole' is a formation that contains brine rather than oil.
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giotto22
Replied to:  A 'dry hole' is a formation that contains brine rather than...
A prospect is a lead which has been fully evaluated and is ready for drilling.
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