The spelling of the word "hullett" can be a bit confusing due to the fact that it's a rare and unconventional word. However, its pronunciation can be explained using IPA phonetic transcription. The correct spelling is /ˈhʌlɪt/, with emphasis on the first syllable. The word originates from a Middle English term for a small hole or cavity, and is commonly used to describe a type of drill bit. Though not commonly used, it is still an important word for those working in the field of geology or drilling.
The word hullett does not seem to have a widely recognized etymology in English. There is a possibility that it could be a surname or a place name with specific origins, but such information is not readily available or well-known.
It is worth noting that Hullett is also the name of a township in Ontario, Canada, which may have influenced the usage of the word in certain contexts. However, it does not shed light on the etymology of the word itself, as it could be a coincidental similarity or unrelated entirely.
Without more substantial information or context, it is challenging to determine the exact etymology of the word hullett.