Join our newsletter and get a free copy of "Maximizing Your Minerals"

Discover how you can:

  • Negotiate the best lease for your minerals
  • Understand how the oil companies work
  • Prevent costly mistakes

*Your information will not be shared with others.

Undeveloped Acreage | definition

Lease acreage on which wells have not been drilled or completed to a point that would permit the production of commercial quantities of oil and gas.

Return to the Glossary of U Terms or the Index of Oil & Gas Terms to search the oilfield glossary