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LSDefine

Simple English definitions for legal terms

dry hole

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A quick definition of dry hole:

A dry hole is a well that doesn't have enough oil or gas to make it worth the money to finish drilling it and start producing. It's like digging a hole and not finding any treasure at the bottom.

A more thorough explanation:

Definition: A dry hole is an oil or gas well that cannot produce enough minerals to justify the cost of completing it and putting it into production.

Example: A drilling company spends millions of dollars to drill a well in hopes of finding oil or gas. However, after drilling, they find that there is not enough oil or gas in the well to make it profitable. This well is considered a dry hole.

Explanation: The example illustrates the definition of a dry hole by showing how a well that does not produce enough minerals to justify the cost of drilling and production is considered a dry hole. In this case, the drilling company spent a lot of money to drill the well, but it did not yield enough oil or gas to make it profitable. Therefore, it is considered a dry hole.

dry exchange | dry-hole agreement

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Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
Dkk
14:26
No wave, so sad.
WorthlessAttractiveZombie
14:28
What are the odds that berk releases later today?
babycat
14:28
@Dkk: And here I thought you were a prophet. Smh.
14:33
@WorthlessAttractiveZombie: 4
WorthlessAttractiveZombie
14:35
@EvolBunny: I will take the odds of 4, very promising
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