any well drilled for oil or gas that does not yield enough to be commercially profitable.
What Is A “Claret Jug”?Since 1872, the winner of golf's British Open, which is also called The Open Championship and the oldest of the sport's four major tournaments, has won a trophy that goes by an unusual name: the Claret Jug.
Origin of dry hole
An Americanism dating back to 1880–85
Also called duster.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for dry hole
(in the oil industry) a well that is drilled but does not produce oil or gas in commercially worthwhile amounts
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012