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Angus McCoss, Tullow's exploration director, said: [This] was a high risk wildcat well which had provided important information about the regional geology in the Barents Sea.
Around noon on April 4, 1951, Andrew (Blackie) Davidson, the drilling superintendent on a wildcat well east of Williston, set fire to a rag and flung it in the air.
"No one should be in this business who isn't an optimist and who can't stand hard luck and adversity," he said in an interview with Forbes in 1993, at a moment when he hoped a wildcat well in Colombia might reverse his fortunes.
These factors push the wildcat well planning in this area into wide margin of uncertainty.
This paper discusses pre-drill pore pressure prediction from seismic velocities for safe wildcat well planning.
Pore pressure prediction is an essential part of wildcat well planning.
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At a time when the world's oil industry has stalled, Texaco Canada Resources Ltd. is proposing to drill two wildcat wells in the Canadian portion of the offshore Georges Bank about 130 miles south of Yarmouth, Nova Scotia.
Situated in the stark center of Wyoming's energy-rich but otherwise empty Powder River Basin, Gillette grew up around wildcat wells and coal mines — dry as a bone except in its saloons, prone to spontaneous combustion from the underground fires burning perpetually beneath it.
By 1967 he was broke, having sunk all his cash into wildcat wells, drilling mostly dry holes.
Only then, with a better visualization of possible structures that may trap fluids are exploratory (or wildcat) wells drilled, in the hope of confirming the existence of hydrocarbon accumulations that were previously only inferred.
In mid-July Shell began the first of seven wildcat wells it will drill this year in the Kingdom's Rub al-Khali, a desert known as the Empty Quarter (a name Van der Veer hopes is merely metaphorical).
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