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TeachMeFinance.com - explain Exploratory well Exploratory well The term 'Exploratory well' as it applies to the area of energy can be defined as ' A hole drilled a) to find and produce oil or gas in an area previously considered unproductive area; b) to find a new reservoir in a known field, i.e., one previously producing oil and gas from another reservoir, or c) to extend the limit of a known oil or gas reservoir'. Previous 5 Terms: explicit formula explicit sequence Exploit Exploration drilling Exploratory Drilling Next 5 Terms: Explosive Deepening Explosives casting exponent exponential form exponential function About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.