oil field

(redirected from Oil deposit)
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oil field

[′ȯil ‚fēld]
(petroleum engineering)
The surface boundaries of an area from which petroleum is obtained; may correspond to an oil pool or may be circumscribed by political or legal limits.
References in periodicals archive ?
The report concludes that not only would at least a doubling of current world oil prices be required to develop a very large oil deposit on a commercial basis, but there are several other factors, such as environmental concerns, that would tend to delay or deter serious consideration of Antarctic oil.
Our original interest in this Prospect was the massive potential oil deposit from multiple oil bearing zones from the trap created by a wrench fault structure, this alone gives Victory an extremely valuable asset.
So as not to let that vast pool of oil go to waste, the government must bid out the service contract to develop the oil deposit to a qualified and legitimate oil production company.
The Jofeir Company and Belorusneft signed the contract for development of the Jofeir oil deposit in Tehran in September 2007.
Summary: A new gas and oil deposit was recently discovered at El Borma's "407C oil field.
At this stage, injecting CO2 that has been previously sequestered at depth into a crude oil deposit is just an idea, one that also assumes that a significant CO2 stock has been built up.
is expanding production from the Schrader Bluff heavy oil deposit that overlies the Milne Point field on the North Slope.
Once, a popular rags-to-riches scenario involved stumbling upon an unknown oil deposit under the backyard--a discovery valuable enough to turn an ordinary citizen into an oil baron.
200 t of vegetable oil deposit in the amount of 80 000 CZK; Part 2 .
Vedanta Resources proposed takeover of Cairn India, operator of the nation's largest onshore oil deposit, was approved by the cabinet last week with conditions, more than 10 months after the deal was announced.
The British oil exploration and production company Lasmo has discovered a new offshore oil deposit East of the Indonesian island of Kalimatan.
The oil deposit and natural gas are there in endless supplies, and they are very close to the surface.