oil well

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Definitions from WordNet

Noun oil well has 1 sense

oil well, oiler - a well that yields or has yielded oil
--₁ is a kind of well
--₁ has particulars:
gusher; spouter; stripper well, stripper; wildcat well, wildcat

Definitions from the Web

Term: Oil Well

Definition

An oil well is a hole drilled into the earth's surface to extract petroleum, commonly known as oil. It is a vital structure in the process of oil production.

Senses and Usages

Sense 1: Extractive Industry

In the extractive industry, an oil well refers to a drilled hole specifically designed to access and extract underground oil reserves.

Example Sentence: The company invested millions of dollars in drilling an oil well in the remote region.

Sense 2: Productivity Measurement

In the context of oil production, an oil well can also refer to a measurement of how productive or profitable an individual well or a group of wells is.

Example Sentence: The new technology implemented by the company increased the oil well's productivity by 30%.

Sense 3: Local Terminology

In some regions, particularly in areas with high oil production, "oil well" can be used as a local term to refer to any area where oil drilling and extraction activities occur.

Example Sentence: The town's economy is heavily reliant on the oil wells scattered throughout the region.