wildcat well


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Related to wildcat well: exploratory well, wildcat drilling
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Noun1.wildcat well - an exploratory oil well drilled in land not known to be an oil field
oil well, oiler - a well that yields or has yielded oil
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Cairn on Monday said it had abandoned a wildcat well at the Godalen prospect following an oil no-show, and a month earlier it did the same on licence 758.
A wildcat well is an exploration well drilled in an area that isn't known to be an oilfield.
onshore wells, plans to drill a second wildcat well on an adjacent block in the Kwanza Basin.
Dana Petroleum Plc (LSE: DNX), a UK-based company that explores for oil and gas resources, has announced drill results from the wildcat well 25/8-16 S and appraisal well 25/8-16 A from production licence 027 D, located in the North Sea.
RWE Dea - North Africa , a party to an EPSA 3 agreement concluded with NOC where the share of NOC is 68% while the share of RWE is 32%, has made a new oil discovery in the exploration wells (G1- NC-193) a new wildcat well in Sirte Basin located around 550 kms east of Tripoli, 150 kms south west of Ras Lanuf.
"This really is a wildcat well. It is a high-risk bid -- we estimate the probability of success at below 15%," Epifanio said, adding that "if we do find something, it will be big".
The drilling programme for well 25/11-29 S relates to the drilling of a wildcat well in production licence 916, where Aker BP ASA is the operator with an ownership interest of 40 per cent.
The drilling programme covers drilling of wildcat well 6507/3-13 and appraisal well 6507/3-13 A in production licence 159 B.
The well will be drilled from the Transocean Spitsbergen drilling facility in position 5930'35.21"N and 0254'50.74"E after completing the drilling of wildcat well 36/1-3 in the northern part of the North Sea.
The well was drilled by the Transocean Arctic drilling facility, which then drilled wildcat well 35/4-2 in production licence 931 in the northern part of the North Sea, where Wellesley Petroleum AS is operator.
Total E&P Norge AS, operator of production licence 255 B, has concluded the drilling of wildcat well 6406/6-6 S and appraisal well 6406/6-6 A.
Aker BP ASA, operator of production licence 340, has completed the drilling of wildcat well 24/9-12 S and appraisal well 24/9-12 A, which was drilled 850 metres southwest of the discovery well, 24/9-12 S.