dry hole
noun Date: 1883 a well (as for gas or oil) that proves unproductive

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • dry hole — n. 1. an oil, water, or gas well that is not commercially profitable 2. an unsuccessful attempt to accomplish some objective in business, politics, etc …   English World dictionary

  • dry hole — noun 1. : a hole drilled (as through rock in a quarry) without using water 2. : a well that does not yield oil or gas in commercial quantities called also dry well, duster * * * any well drilled for oil or gas that does not yield enough to be… …   Useful english dictionary

  • Dry Hole — A business venture that ends up being a loss. The buzz word dry hole was originally used in oil exploration to describe a well where no significant reserves of oil were found. This term is now often used to describe any fruitless commercial… …   Investment dictionary

  • dry hole — noun A hole drilled into the ground for oil or gas exploration which fails to yield enough oil or gas to justify the establishment of a well …   Wiktionary

  • dry hole —    A hole not obtaining any production. A non producing well [16] …   Lexicon of Cave and Karst Terminology

  • dry hole — any well drilled for oil or gas that does not yield enough to be commercially profitable. Also called duster. [1880 85, Amer.] * * * …   Universalium

  • Dry hole —   An exploratory or development well found to be incapable of producing either oil or gas in sufficient quantities to justify completion as an oil or gas well. Also see Well.   U.S. Dept. of Energy, Energy Information Administration s Energy… …   Energy terms

  • Dry-hole clause — A dry hole clause is a provision in an oil or Natural gas lease specifying what a lessee must do to maintain the lease for the remainder of a primary term after drilling a dry hole. Usual the lessee will just have to pay delay rentals. Superior… …   Wikipedia

  • dry hole agreement — A support agreement in which the contributing party agrees to make a cash contribution in exchange for geological or drilling information, if a dry hole is drilled …   Black's law dictionary

  • dry hole clause — A provision in an oil and gas lease specifying what a lessee must do to maintain the lease for the remainder of the primary term after drilling an unproductive well. A dry hole clause is intended to make clear that the lease may be maintained by… …   Black's law dictionary

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