Recent Examples of oil field from the Web
At the same time, there are large oil fields slated to start pumping crude in the next few years.
Prudhoe Bay, the largest oil field on the continent, located 60 miles to the west of the coastal plain of ANWR, has demonstrated for four decades that resource development and ecological preservation can and do coexist in the Arctic.
Without a clear way to profit off that oil, expensive tundra drilling operations are less economically attractive compared to easier-to-tap oil fields around the world.
Alaska’s 1,400-mile portion of the international project includes a land trunk line between Fairbanks and the Prudhoe Bay oil fields that went live in the spring.
That description fits a new oil field in the Arctic refuge that could be big, but wouldn't begin producing for a decade or more.
Rosneft and Pdvsa are in negotiations to swap Rosneft’s Citgo holdings for oil fields in Venezuela out of concern that the United States government could eventually place sanctions on Citgo.
The Kurdistan Security Council said Tuesday that the peshmerga pushed back an advance by federal forces in the direction of the largest remaining oil field still in Kurdish hands.
In Iraq, the group lost control over an oil field in Qayara about a year ago, its last significant energy resource in the country.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'oil field.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of oil field
Financial Definition of OIL FIELD
What It Is
An oil field is land that contains oil.
How It Works
Specifically, an oil field contains oil that is trapped by a layer of rock. Oil fields are notoriously difficult to locate and tap.
Why It Matters
There are thousands of oil fields on Earth, some of which are at the bottom of the sea. These oil fields are the source of much of the world's oil, and many companies spend millions of dollars locating and drilling in oil fields. The fuel obtained from these fields can become gasoline, plastic, jet fuel and a variety of other products.
OIL FIELD Defined for English Language Learners
Definition of oil field for English Language Learners
: an area where there is a lot of oil and where special equipment has been set up to remove it from the ground
Seen and Heard
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