Geophysical Prospecting in 1930

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 5
- File Size:
- 1300 KB
- Publication Date:
- Jan 1, 1931
Abstract
ZEST in the search for new supplies of metallic ores and petroleum is difficult to maintain with stocks of raw materials accumulating and with over- production rightly or wrongly blamed for most of our industrial troubles. Enthusiasm over new methods of prospecting has consequently diminished and exploration programs in many fields have been drastically cur- tailed. Very naturally the effects have been felt with particular keeness in highly specialized phases of the work, such as geophysical prospecting, for the feverish scramble for new areas in which to drill beneath magnetic or electrical anomalies has abated, and there is even a lull in the firing in the battle over salt domes on the Gulf Coast. It is unquestionably an unhappy time for many of the organizations dependent on this work, but in certain respects the situation may be beneficial in correcting unsound practices that .have grown up through the necessity for haste and for quick decisions. With the restriction of the field to the more competent workers by the harsh rule of survival of the fittest, a general improvement, not only in technique but in business methods, can be expected which may go far in restoring public confidence. Geophysical prospecting in the short period that it has been utilized in North America, has suffered severely both from over-popularity and from excessive abuse. The former evil now
Citation
APA:
(1931) Geophysical Prospecting in 1930MLA: Geophysical Prospecting in 1930. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1931.