Longman Dictionary English From Longman Dictionary of Contemporary EnglishRelated topics: Gas, coal, oiloil wellˈoil well noun [countable] TPGa hole that is dug in the ground so that oil can be taken outFrom Longman Business Dictionaryoil wellˈoil well (also well) noun [countable] a hole that is dug in the ground or under the sea in order to get oil ldoceonline.com