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27. Corporate Donations of Geophysical Data
Pages 191-193

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From page 191...
... When oil companies drill wells, they can be very expensive; for example, a shallow well onshore in the United States can cost several hundred thousand dollars. Deeper wells and wells drilled offshore can cost more than a million dollars to drill.
From page 192...
... Although cost avoidance, such as staff salaries for maintaining the collection, rental of warehouse space, and other operational costs, is a big factor in the decision to transfer data from the private to the public domain, it is rarely the only reason. These decisions are usually based on several issues that include cost savings, as well as other factors such as continuing access to the data without the overhead, preservation of the data in case there is a return to it for unforeseen reasons (oil and gas data might someday be used to explore for water, for example)
From page 193...
... Of course, it is also a very important source of material for student theses and dissertations, and it is still of value in oil and gas exploration and production. Even though there are different companies operating in the United States now, usually smaller companies, these data are still of importance to companies producing from mature oil fields.


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