WT77 --
You are saying the lower the risk, the better the chance of finding oil? So, 2% means there is only a 2% chance that oil will NOT be found?
I think you are wrong.
In the RPS report, risk = Chance of Success, where chance of success is clearly defined as "chance or probability of discovering hydrocarbons in a sufficient quantity for them to be tested to the surface."
For me, the higher the Chance of Success, the more likely EEGC is to find oil. 2% is NOT a good number.
If you have some other citation which supports your view, please provide.
