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Discover LudwigThe phrase 'oil deposit' is correct and usable in written English.
You can use it to refer to deposits of oil found underground or under the sea. For example, "After extensive geological mapping of the area, the team found an oil deposit two miles offshore."
Exact(38)
It's the most controversial oil deposit in the world.
Although sometimes called a tar sand reserve, this enormous heavy oil deposit is nonbituminous.
Early indications are that they could have struck a major oil deposit.
Then, in 1923, Mexico's largest oil deposit (located very close to Tampico) dried up.
North Dakota sits on top of the largest continuous oil deposit in the lower 48 states.
In 1993 he granted Chevron rights to the massive but challenging Tengiz oil deposit, touching off a Caspian energy boom.
Similar(22)
The Sunni triangle is landlocked and lacks large oil deposits.
Ecuador is poor, its oil deposits are rich.
I told him you were prospectors looking at oil deposits".
And these heavy oil deposits occur in mindbogglingly large quantities.
It would also administer the country's huge oil deposits.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com