Part 4/7:
Diamond's claim of having a success rate with four out of six exploratory wells exposes the competitive nature of the industry. However, the inherent unpredictability of geological formations means that every drill carries substantial risk. The contractor’s understanding of the need to identify pockets of output reflects the meticulous nature of successful drilling, where mere chance is not enough.
Financial Maneuvering
The financial aspect of this venture is equally intense. The operator requests utmost clarity in terms of operational costs, bringing up the potential need for surveys, seismographs, and geothermal data—critical elements for informed decision-making.