What does oil production mean?

Definitions for oil production
oil pro·duc·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word oil production.

Princeton's WordNet

  1. boring, drilling, oil productionnoun

    the act of drilling a hole in the earth in the hope of producing petroleum

Wikipedia

  1. oil production

    Petroleum is a fossil fuel that can be drawn from beneath the earth's surface. Reservoirs of petroleum was formed through the mixture of plants, algae, and sediments in shallow seas under high pressure. Petroleum is mostly recovered from oil drilling. Seismic surveys and other methods are used to locate oil reservoirs. Oil rigs and oil platforms are used to drill long holes into the earth to create an oil well and extract petroleum. After extraction, oil is refined to make gasoline and other products such as tires and refrigerators. Extraction of petroleum can be dangerous and have led to oil spills.

ChatGPT

  1. oil production

    Oil production refers to the process of extracting and refining crude oil from underground reservoirs. This involves several stages such as exploration, drilling, and extraction, followed by refining and processing into various products like gasoline, diesel, lubricants, and other petroleum products. Oil production is a major global industry, with many countries relying heavily on it for their energy needs.

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Numerology

  1. Chaldean Numerology

    The numerical value of oil production in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of oil production in Pythagorean Numerology is: 9

Examples of oil production in a Sentence

  1. Total Patrick Pouyanne:

    There is a natural decline of five percent a year from existing fields around the world. That means by 2030 more than half of the existing global oil production will disappear. There is an enormous amount of money that needs to be invested to get another 50 million barrels per day of new production.

  2. Carsten Fritsch:

    Falling gasoline stocks and a renewed decline in U.S. oil production would contribute to stabilising oil prices.

  3. Bijan Namdar Zanganeh:

    We expect the members of OPEC to pave the ground for (an) increase of Iran's oil production that will reach global markets when sanctions are lifted.

  4. Incoming OPEC Secretary-General Mohammed Barkindo:

    Government is negotiating and we are seeing positive results. I remain confident that through this resolution stable and permanent solution will be found. I have been told (oil) production is beginning to rise again.

  5. Paarup Michelsen:

    An expression often used by the largest parties in Norway is that the person who will' switch the light off' on( oil production on) the Norwegian shelf has not yet been born.


Translations for oil production

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"oil production." Definitions.net. STANDS4 LLC, 2024. Web. 25 May 2024. <https://www.definitions.net/definition/oil+production>.

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