If you are interested in drilling a well for your business, you need to know the different types of well that you can drill. There are four primary types of wells: dug wells, bored wells, driven point wells and drilled wells. Each type of well is created differently and comes with different risks. Dug Wells Wells that are built by hand are usually referred to as dug wells. A dug well is a well that has a very large diameter hole that is usually a couple of feet wide.