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TeachMeFinance.com - explain Dry hole charge Dry hole charge The term 'Dry hole charge' as it applies to the area of energy can be defined as ' The charge-off to expense of a previously capitalized cost upon the conclusion of an unsuccessful drilling effort'. Previous 5 Terms: Dry cask storage Dry Cell Dry Crack Dry Floodproofing Dry hole Next 5 Terms: Dry hole contribution Dry Line Dry Line Bulge Dry Line Storm Dry Microburst About the author 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.