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Development Well

Categories: Entrepreneur

You found one well—oil, that is. Black gold. Texas "T." Think: Jed Clampett. That's your primary well, and it's a gusher. Otherwise, there'd be no interest in drilling a second well—a development well, right next door to take more dead dinosaur guts from the ground.

That's what a development well does. Once the primary is found, the development well, uh...develops the find.

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