Drilling for oil and gas in an area with known reserves to a depth that was previously not reached before, but has historically provided oil and gas in other known oil and gas reserves. Developmental drilling programs are less risky than controlled wildcat drilling but have less chance of generating enormous profits.
Related information about developmental drilling program:
- What is developmental drilling program? definition and meaning
Definition of developmental drilling program: Drilling for oil and gas in an area with known reserves to a depth that was previously not reached before, but has ...
- Developmental Drilling Program: Definition from Answers.com
drilling for oil and gas in an area with proven reserves to a depth known to have been productive in the past.
- Developmental Drilling Program financial definition of ...
A lower-risk oil and gas limited partnership. The general partner uses the investment money from the limited partners to drill in a proven oil or gas field, and not ...
- Developmental disorders - The Free Dictionary
Developmental Disorder Unit. Developmental disorders. Developmental Drilling Program · Developmental Drilling Programs · Developmental Dysplasia of Hip ...
- Page 4
o This is a developmental drilling program. The wells will produce oil and natural gas. The only unknown is in what quantity. Your return on investment could be ...
- Cutting Your Tax Bill by Thinking Outside the Box
Feb 28, 2012 ... A multi-well developmental drilling program makes your investment less dependent on the outcome of a single well. 2. Make sure the company ...
- Partners - Omega Energy, Inc. - Rediscovering the Illinois Basin
Omega's strategy is to pursue an aggressive developmental drilling program covering over 80,000 acres in Illinois, Indiana and Kentucky. Omega Energy ...
- Fuel Fix » Steffy: ATP claim over bankruptcy doesn't hold water
Aug 23, 2012 ... ATP was on the verge of a major developmental drilling program when the moratorium put it on hold, and it has struggled to recover.