Exploratory Well definition

Exploratory Well means a well that is not a development well, a service well or a stratigraphic test well.

Exploratory Well means a well drilled to find and produce oil or natural gas reserves not classified as proved, to find a new productive reservoir in a field previously found to be productive of oil or natural gas in another reservoir or to extend a known reservoir.

Exploratory Well means a well drilled either in search of a new, as-yet undiscovered oil or natural gas reservoir or to greatly extend the known limits of a previously discovered reservoir;

Examples of Exploratory Well in a sentence

• The Exploratory Well shall be drilled through the […] layers, but in any event to a total depth of no less than […] metres.d. The Exploration Well shall be spudded no later than year […].

• Any such Exploratory Well or appraisal well shall be drilled through the […] layers, but in any event to a total depth of no less than […] metres.d. The Exploration Well or appraisal well shall be spudded no later than year […].

• Shoot […] new line kilometres (km) of 2D or shoot […] new square kilometres (km2) of 3D data to make a geological and geophysical description of a possible drilling target.c. Drill a minimum of one (1) Exploratory Well.

• Shoot […] new square kilometres (km2) of 3D data covering the main target.c. Drill a minimum of one (1) Exploratory Well or one (1) appraisal well in addition to any Exploratory Well drilled in Subperiod 2.

• However, further drilling from an appraisal well may count as an Exploratory Well, where this is approved by the HA in advance.

More Definitions of Exploratory Well

Exploratory Well means a well drilled to find commercially productive hydrocarbons in an unproved area, to find a new commercially productive horizon in a field previously found to be productive of hydrocarbons at another horizon, or to significantly extend a known prospect.

Exploratory Well means a well drilled or to be drilled (as the case may be) in search of Petroleum to test a geological feature, which has not been determined to contain producible Petroleum sufficient for Commercial Production;

Exploratory Well means a well drilled to:

Exploratory Well means a well drilled in search of petroleum to test a geological feature which has not been determined to contain petroleum in commercial quantities;

Exploratory Well means a well which is drilled to investigate whether hydrocarbons are present in a formation or other unit within a geological structural or stratigraphic trap in which the presence of hydrocarbons has not previously been demonstrated. The reopening and redrilling of a well shall not be considered a new Exploratory Well unless this is approved by the HA.

Exploratory Well means a well drilled on a geological feature on which a significant discovery has not been made;

Exploratory Well means any well drilled (i) to find and produce gas or oil in an unproven area, (ii)