Definition, Meaning & Synonyms

strike oil

idiom
/straɪk ɔɪl/
Definition
To discover or extract oil, especially in a significant or commercially viable quantity.
Examples
  • After months of drilling, they finally struck oil and celebrated their success.
  • The new technology allowed the team to strike oil faster than ever before.
  • Many companies have sought to strike oil in untested territories.
Meaning
The phrase typically refers to the successful finding of oil, usually during drilling operations, and is often associated with a substantial financial gain.
Synonyms
  • find oil
  • discover oil
  • hit oil