That's an important figure. Over half of the time that the oil companies put a drill down to find oil, they didn't find anything, and this is on that leased land. That's on that leased land.
Tom Price: “That's an important figure. Over half of the time that the oil companies put a drill down to find oil, they didn't find…”
On the recordJune 12, 2008
Source
govinfo.govEditor's note · Context
Discussing the success rate of oil drilling on leased land.
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