Oil Field

Categories: Accounting

Think: a soccer field. Only instead of soccer or futbol, there's oil.

That's it. It's a big fat field. Maybe 1,000 acres by 2,000 acres. And 300 feet below its surface? Yeah: 18,000 dead dinosaurs, trees, old gloopy stuff that was compressed for a hundred million years or more. And now it's oil, black gold, Texas T.

So we go there, and those infinite red bird feeder things suck out a dozen or two gallons every drink, and we burn it in our cars and kill polar bears next winter. Ah, the life.



Find other enlightening terms in Shmoop Finance Genius Bar(f)