oil pool

oil pool

[′ȯil ‚pül]
(geology)
An accumulation of petroleum locally confined by subsurface geologic features. Also known as oil accumulation; oil reservoir.
References in periodicals archive ?
Granite is committed to protecting its strong balance sheet and maximizing long-term value from its large, unique Bakken oil pool while funding the dividend income model through internally generated cash flow.
084% working interest in the Eagle Oil Pool Development Project, located in the San Joaquin Basin in southern California; a 7.
In the Nanushuk reservoir, seven appraisal wells drilled to date have proven an oil pool that covers more than 25,000 acres, at a depth of 4,100 feet, with an oil column of more than 650 feet and up to 150 feet of net pay with an average porosity of 22 percent.
DNO Tunisia will assume operatorship and a prorata share of the existing cost oil pool.
Dubai's role in the India- Iran rice trade has withered since oil pool payments started.
Regarding an oil pool in northern Iran, he said the project is under way with 62 percent progress.
He said similarly Dubai's role in the India-Iran rice trade has withered since oil pool payments started.
The broad plan was twofold -- counter the negative investor sentiment and parallel stabilise the rupee which was wreaking havoc with imports, oil pool deficit and generally spooking all stakeholders.
Information Oil pool drains is available at http://tinyurl.
Under this, the Iranian bank has deposited some seed money with the Indian bank that will be used to make payments to exporters till the oil pool account gets operational.
In 1988, a huge oil pool in a Marrat Fm was found beneath Minagish and Umm Gudair.
The rig will now be moved to the Cohembi oil pool where we plan to drill two appraisal wells.