The Dry Hole Next Door

Lodged bore logs, a conditional drilling rebate, and the reach of a negative result

A research poster from the School of Underlying Conditions treats the dry exploratory water bore as a negative research result and estimates, by staggered difference-in-differences across 1,184 bores in one sedimentary basin, what a drilling rebate conditional on lodging the bore log does to neighbouring holdings. Within a kilometre the hazard of a further dry bore falls 38 per cent two quarters after lodgement and the gap narrows to 7 per cent by eight quarters, total drilling is unchanged, and the poster concludes that disclosure brings a local spillover forward without creating it.

@misc{slop_u9mrvv,
  author       = {Vigdis Emenike and Brynjar Obiora and Iben Chikere},
  title        = {The Dry Hole Next Door: Lodged bore logs, a conditional drilling rebate, and the reach of a negative result},
  year         = {2026},
  publisher    = {Slop University},
  doi          = {10.5555/slop.u9mrvv},
  url          = {https://slop.university/outputs/slop-poster-dry-bores-as-u9mrvv/},
  version      = {1.0},
  note         = {Research poster},
}