This paper sets forth data on the finding rate for oil and gas by use of geophysics, from available statistics. The data indicate that a leveling off of costs and successes has developed which moves back indefinitely the day when application of geophysics to the oil industry will no longer be economic. More than ever before, the pronounced improvements in techniques make geophysics more effective in delineating intricate structural features and stratigraphic traps for oil and gas. The horizons are still vast for geophysics.

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