Advertisement
Advertisement
dry hole
[drahy hohl]
noun
Also called duster.any well drilled for oil or gas that does not yield enough to be commercially profitable.
After three consecutive dry holes, we were delirious when this site came through big for us.
a failed business venture, especially one that began with expectations and promises of high profitability.
How do we explain to our investors yet another dry hole from our video games division?
dry hole
noun
(in the oil industry) a well that is drilled but does not produce oil or gas in commercially worthwhile amounts
Word History and Origins
Origin of dry hole1
Example Sentences
You’re digging a dry hole, my dear.
She dragged aside a slab of stone from a smaller, dry hole in the rock.
“For me, if I’ve got agreement from two sources, hopefully it’s less likely that when I drill, I’ll hit a dry hole,” said Proctor, who told me Thompson has been right before on his property.
It’s time to make our offshore waters a dry hole for oil producers.
Shell bought leases in the Chukchi Sea off the northwest coast of Alaska in 2008 and spent more than $7 billion only to drill a dry hole in 2015.
Advertisement
Advertisement
Advertisement
Advertisement
Browse
