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 ?
The Company also plans to complete wildcat drilling along strike with the objective of possibly identifying additional lenses of mineralization similar to the EGZ.
Wildcat drilling is the search for oil or gas in either unproven or fully-exploited regions, and there is a high degree of uncertainty in the work.
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.
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.
The rig will be delivered in April 2008 and will then be used for wildcat drilling in deep water in the Gulf of Mexico.
In 1983 Limex of Germany began wildcat drilling at the field, operating as a contractor.