Unproven area | Article about unproven area by The Free Dictionary
unproven area[¦ən′prüv·ən ′er·ē·ə]
An area in which it has not been established by drilling operations whether oil or gas may be found in commercial quantities.
References in periodicals archive
They back their vision by investing ahead of competitors in new or unproven areas
, and are generally better positioned for the future.
They back their vision by investing ahead of competitors, very often in new or unproven areas
, and are generally well-positioned for the future.
Fellows believes that the large areal extent, both horizontal and vertical, of hydrocarbon occurrence in the Uinta Basin makes for a lower risk project than exploration in unproven areas