oil strike

Finding underground crude

An oil strike is the successful discovery of petroleum deposits during drilling operations.

The term captures the moment when drilling yields oil, representing both the physical breakthrough and the prospect of wealth: The company announced an oil strike in the Gulf.

By extension, any sudden windfall may be called an oil strike.

Related

liquid gold · boom · boom or bust · derrick · black gold · well · discovery · roughneck · prospector · bonanza · crude · reservoir · geyser · fortune · spout · pipeline · Texas · boomtown

Categories
Opposites
drilling outcome

oil strikedry hole

Well without petroleum

duster · dry well · bust · strikeout · dry spell

resource outcome

oil strikedry hole

Well without petroleum

empty reservoir · financial loss · sunk cost · write-off

Family

oil, strike, oils, oiled, oiling, oily, oilier, oiliest, oiliness

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Positive · Everyday, not technical · Rated G