WELL

glossary /

WELL

well, adj. Marine insurance. (Of a vessel) in good condition; safe and sound ( the vessel was warranted well on January 1).

well, adv. In a legally sufficient manner; unobjectionable (well-pleaded complaint).

well, n. A hole or shaft sunk into the earth to obtain a fluid, such as water, oil, or natural gas.

limited-capacity well. An oil or gas well that is limited to producing only a portion of its monthly allowable because of market demand.

stripper well. An oil or gas well that produces only small quantities. ? In some states, such as Kansas and Illinois, stripper wells are common.

What is the legal equivalent of the term WELL in Chinese?
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