The growing demands for high productivity of machining require the use of high cutting speeds and feed rates. Such machining inherently produces a high cutting temperature, which not only reduces tool life, but also impairs the product quality. Application Of cutting fluid influences the performance of machining because of its lubrication and cooling actions but the environmental concerns call for the reduced use Of cutting fluids ill machining operations. Near-dry machining, such as minimum quality lubrication. is regarded as one of the solutions to this difficulty. Ill the current work, cutting I'll-lid was applied as a continuous high-velocity jet at the machining zone, at all extreme low rate using a I'll-lid application system, by electro static lubrication (ESL), during the drilling of SCM 440 (hardened) steel. Ill the first stage of this work, experiments were carried out to investigate the role of the ESL system oil tool wear, hole diameter, thrust force, and surface finish of the product ill machining of SCM 440 steel. Ill the second stage, a comparative performance analysis of the ESL system with quality Of lubricant (MQL) and dry machining was conducted. Results indicate that there is a considerable improvement ill the performance of machining SCM 440 steel using the ESL setup when compared with MQL and dry machining in terms of considered parameters.