wildcat drilling


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wildcat drilling

[′wīl‚kat dril·iŋ]
(mining engineering)
The drilling of boreholes in unproved territory. Also known as cold nosing; wildcatting.
References in periodicals archive ?
Geological surveys over the Zhilyanskoye area commenced in the 1930 s with wildcat drilling intersecting the core of the Zhilyanskoye anticline in 1940 s.
In the last few years there has been no new wildcat drilling, no exciting new opportunities identi-fied, and that is something we must address.
Iran has a high success rate of natural gas exploration, in terms of wildcat drilling, which is estimated at 79% compared to the world average success rate of 30% to 35%, according to FGE.
The Glorieta Formation with its proven untapped reserves offers us a unique opportunity to produce oil and gas without going through the risk and expense of wildcat drilling.
This seismic project will provide Burleson with numerous new wildcat drilling targets (with various reservoirs).
Politics, too, came in to play, as burning money on unsuccessful wildcat drilling was thought to send the wrong message about the kingdom's ability to provide for future world oil demand.
In 1983 Limex of Germany began wildcat drilling at the field, operating as a contractor.
Plus, years of unregulated wildcat drilling dating back to the mid-1800s resulted in an unknown number of wells that were never properly sealed.
This is typical wildcat drilling for Morrow sands similar to our Glacier Prospect where we drilled a dry hole and two marginal wells that ultimately led to discovery of excellent production.
Chairman of Rathlin Energy UK, David Montagu-Smith, said: "This is a high risk operation, we call this a wildcat drilling operation.
This emerging Jurassic and Lower Cretaceous oil play in the extreme southwest part of the Western Desert will be further explored through additional wildcat drilling and acquisition of 180,000 acres (740 square kilometers) of new three-dimensional seismic data.
In 1983 Limex of Germany began wildcat drilling in the field, operating as a contractor.