The need for statistics relative to the cost of finding oil in the ground has been recently stressed by DeGolyer. In the absence of such statistics, it is suggested that the study of outstandingly successful exploration campaigns will permit the deductions of principles which can be used for general guidance.By showing the parallelism between recent successful exploration campaigns and pertinent illustrations from military history, three of the fundamental Principles of War, relating to the Offensive, to Surprise, and to Security, are found to be applicable to exploration strategy. In conclusion, the present status of exploration in the Gulf Coast is discussed by analogy to a similar period in 1929 and 1930.

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