wildcat well

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Definitions from WordNet

Noun wildcat well has 1 sense

wildcat well, wildcat - an exploratory oil well drilled in land not known to be an oil field
--₁ is a kind of oil well, oiler

Definitions from the Web

Wildcat Well

A wildcat well refers to an exploratory oil or gas well drilled in a new or unproven area, where there is no existing production. It is a high-risk venture undertaken with the hope of discovering significant oil or gas reserves.

Examples:

The oil company decided to invest in a wildcat well in the remote region, hoping to find a new source of oil.
Exploratory teams were dispatched to drill a wildcat well off the coast, targeting an unexplored underwater oil field.

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