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Both well and good are adjectives when they follow feel to express a meaning of good health, and both are grammatically correct. In "I feel good" there is often a connotation of good spirits in addition to …

WELL meaning: 1 : in a successful way; 2 : in a skillful way

1. In a satisfactory condition; right or proper: All is well. 2. a. Not ailing, infirm, or diseased; healthy. See Synonyms at healthy. b. Cured or healed, as a wound.

We can use may as well and might as well for making suggestions. We can use them to say what we think is the easiest or most logical course of action when we cannot see a better alternative.

You use well in front of a prepositional phrase to emphasize it. For example, if you say that one thing happened well before another, you mean that it happened a long time before it.

a container, receptacle, or reservoir for a liquid: the well of ink in a fountain pen. Building any sunken or deep, enclosed space, as a shaft for air or light, stairs, or an elevator, extending vertically through …