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    The document discusses how oil is typically found in new areas using established concepts, but can also be discovered in familiar regions through novel approaches. It notes that little oil is uncovered when applying outdated theories to already explored locations. Additionally, it states that while oil supplies were previously thought to be depleted, the real issue was a lack of innovative solutions.

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    The document discusses how oil is typically found in new areas using established concepts, but can also be discovered in familiar regions through novel approaches. It notes that little oil is uncovered when applying outdated theories to already explored locations. Additionally, it states that while oil supplies were previously thought to be depleted, the real issue was a lack of innovative solutions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    16 views1 page

    Ideas

    Uploaded by

    clap
    The document discusses how oil is typically found in new areas using established concepts, but can also be discovered in familiar regions through novel approaches. It notes that little oil is uncovered when applying outdated theories to already explored locations. Additionally, it states that while oil supplies were previously thought to be depleted, the real issue was a lack of innovative solutions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    We usually find oil in new places with old ideas.

    Sometimes, also, we find oil in an old place with a new idea, but we seldom find much oil in an old place with an old idea. Several times in the pastwe have thought we were running out of oil, whereas actually we were only running out of ideas. -Parke A. Dickey

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