Dry hole
Term · Oil and gas · MLC-T-OAG-001207
A well that does not produce hydrocarbons in commercial quantities, or one that is drilled and found to be devoid of hydrocarbons. This outcome results in the well being plugged and abandoned. It represents a financial loss for the operator, as drilling costs are not recouped.
| Identifier | MLC-T-OAG-001207 |
|---|---|
| Field | Oil and gas |
| Subject | Drilling |
Record as JSON
{
"id": "MLC-T-OAG-001207",
"term": "Dry hole",
"field": "Oil and gas",
"definition": "A well that does not produce hydrocarbons in commercial quantities, or one that is drilled and found to be devoid of hydrocarbons. This outcome results in the well being plugged and abandoned. It represents a financial loss for the operator, as drilling costs are not recouped.",
"subject": "Drilling",
"url": "https://mlchart.com/terminology/oil-and-gas/dry-hole/"
}
Record 1,302 of 4,499 in Oil and gas terminology (MLC-0103). Request the full dataset.