in addition there is a scaling factor. it's easy to control mistakes when you have 1 well. hard to control mistakes when you have 10,000,000 wells. thus the reg

in addition there is a scaling factor. it's easy to control mistakes when you have 1 well. hard to control mistakes when you have 10,000,000 wells. thus the regulation has to be mapped appropriately. also, I'd be interested in seeing p90, p99, etc. to see if outliers affect the average that is reported -- because as texas probably has larger 100x production, average is exposed to more large incidents. i would be MOST interested to compare against other similar "sovereign entity" with comparable production scale and comparable challenges e.g. geography and infra. the US has a huge environmental benefit in producing oil vs entity's like China, Saudi Arabia, because as a transparent democracy we are able to hold our producers accountable to regulation where offshore producers have no transparency and accountability.