Discovery well definition

Discovery well means the first well capable of producing oil or gas in commercial quantities from a pool.
Discovery well means the first well capable of
Discovery well means an Exploration Well that hits a Discovery.

Examples of Discovery well in a sentence

  • De-obligation occurs when a project has had past bills/reimbursements but has been inactive.

  • Burger ’37 offers a variety of fresh made burgers, fresh fries and diner style milkshakes.

  • Separately, plans are also being considered to re-enter, sidetrack and complete the RJ Hunter #1 Discovery well as a gas/condensate producer.

  • Kosmos 01/18/08 11,109 72 Abandoned Discovery well for Odum.Subsequently not declared commercial.Odum-2 .

  • Дмитриев, Местонахождение Сыалах-новый археологический объект позднег онеоплейстоцена Сибирской Арктики.


More Definitions of Discovery well

Discovery well means any well capable of producing oil from a single pool in which a well has not been previously produced in paying quantities after testing, capable of producing.
Discovery well means any well capable of producing gas from a single pool in which a well has not been previously produced in paying quantities after testing.
Discovery well means the first well which finds and recovers to the surface Petroleum from a previously unknown or untested Petroleum Pool or where a sufficient indication is proven to the satisfaction of all Parties that a Petroleum Pool exists, then a well may be declared a Discovery Well notwithstanding that the well did not test to the surface Petroleum;
Discovery well means an exploratory well that, in the opinion of the Administrator, has encountered petroleum in quantities of commercial significance;
Discovery well means a well that discovers a new and previously untapped oil or gas pool. A discovery well may open up a new field or it may locate a previously unknown oil or gas pool in an old field.
Discovery well means the first well completed in a common source of supply that is not in communication with any other common source of supply.
Discovery well means a well which establishes production in a new reservoir.