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TeachMeFinance.com - explain Redrill footage Redrill footage The term 'Redrill footage' as it applies to the area of energy can be defined as ' Occasionally, a hole is lost or junked and a second hole may be drilled from the surface inclose proximity to the first. Footage drilled for the second hole is defined as 'redrill footage.' Under these circumstances, the first hole is reported as a dry hole (explanatory or developmental) and the total footage is reported as dry hole footage. The second hole is reported as an oil well, gas well, or dry hole according to the result. The redrill footage is included in the appropriate classification of total footage, but is not reported as a separate classification'. Previous 5 Terms: Red Flag Warning red tide Red Watch or Red Box Redd Redox potential Next 5 Terms: redshift Reduced price lunch (or breakfast, supper, snack) Reduced use-off hours REE reebok 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.