oil field

noun

Definition of oil field

: a region rich in petroleum deposits especially : one that has been brought into production

Examples of oil field in a Sentence

Recent Examples on the Web

In Iraq on Wednesday, a Katyusha rocket landed at dawn in the Zubair and Rumeila oil fields camp, operated by the Iraqi Drilling company, where Exxon Mobil and other companies have caravans housing their workers, security official Mahdi Raykan said. — Jon Gambrell, The Denver Post, "U.S. Navy expert says tanker attack mine resembles Iranian mines," 19 June 2019 Mile-long trains full of oil started moving crude in 2012, effectively turning the railroad tracks on both sides of the Columbia River Gorge into an oil pipeline between North Dakota oil fields and refineries in Washington and California. — oregonlive.com, "Years after oil trains arrived, Oregon House passes spill planning bill," 17 June 2019 Here are some of the areas where Russia are mainly active: Economic interests: Russia is now seeking to exploit conventional gas and oil fields in Africa and elsewhere. — János Besenyő, Quartz Africa, "Russia is vying to offer African countries a credible alternative to the US and China," 4 June 2019 Crabb runs a small petroleum company, and the Irish Hills area of south Michigan is known for its oil fields. — John Carlisle, Freep.com, "LAND OF THE LOST Irish Hills tourist stop owner aims to restore dinosaur park," 6 June 2019 Those without jobs in the oil patch are especially hard-hit, and industries outside the oil field face severe staffing shortages: Dumpsters overflow without garbage truck drivers to empty them. — Aaron Gilbreath, Longreads, "Big Problems and Big Paychecks in West Texas Oil Country," 5 June 2019 As a result, the company said trillions of dollars of investment in developing new oil fields will be needed to meet the world’s appetite for oil in 2040. — Christopher Alessi, WSJ, "BP: Renewables and Natural Gas to Dominate Energy Growth," 14 Feb. 2019 Other areas the company is looking at include the booming oil fields in Oklahoma. — Rye Druzin, San Antonio Express-News, "San Antonio oil investment firm commits $400 million to new Sugar Land company," 13 Feb. 2018 Companies are clamoring for a bigger piece of the prolific oil field that has lifted U.S. crude production to records. — Christopher M. Matthews, WSJ, "Rivals Vie for Mastery Over America’s Hottest Oil Field," 6 May 2019

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.

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Last Updated

24 Jun 2019

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Time Traveler for oil field

The first known use of oil field was in 1863

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More Definitions for oil field

oil field

noun

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.

Source: Investing Answers

oil field

noun