Prospect

Oil & Gas Drilling Glossary - IADCLexicon.org

Glossary

Browse the IADC Lexicon alphabetically or by category. Get comprehensive definitions of drilling industry terms.

Need help using the IADC Lexicon? The FAQ section will answer most of your questions, and you can also submit questions directly.

Become a Lexicon Contributor. Simply fill out the form, then submit new terms for approval and/or edit existing terms.

Prospect means a geologic feature having the potential for mineral deposits.

Source: Oil and Gas and Sulphur Operations in the Outer Continental Shelf, 30 CFR 250 (2013). Regulations

“Prospect” with its grammatical variations means search for a petroleum deposit.

Source: The Petroleum and Natural Gas Rules, 1959 (As amended from time to time), India, as amended as of May 2013. Regulations

Comments are closed.