Definition of Dry hole

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TeachMeFinance.com - explain Dry hole



Dry hole

The term 'Dry hole' as it applies to the area of energy can be defined as ' 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'.

Previous 5 Terms:
Dry bottom boiler
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Next 5 Terms:
Dry hole charge
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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