Wildcat

{
  "id": "MLC-T-OAG-004160",
  "term": "Wildcat",
  "field": "Oil and gas",
  "definition": "An exploration well drilled in an area where no oil or gas has been previously discovered. These high-risk wells target unproven geological structures or stratigraphic traps identified through seismic surveys and other geophysical methods. A wildcat well is classified as a discovery if it finds hydrocarbons in commercial quantities; otherwise, it is plugged and abandoned as a dry hole.",
  "subject": "Drilling",
  "url": "https://mlchart.com/terminology/oil-and-gas/wildcat/"
}