Usually means: Discover and extract petroleum successfully.
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We found 4 dictionaries that define the word strike oil:

General (3 matching dictionaries)
  1. strike oil: Collins English Dictionary
  2. strike oil: Wiktionary
  3. strike oil: Dictionary.com

Slang (1 matching dictionary)
  1. Strike oil: Urban Dictionary

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Definitions from Wiktionary (strike oil)

▸ verb:  To find petroleum when boring for it.
▸ verb:  (figurative, idiomatic, informal) To have sudden good fortune, especially financially.

Similar:
shoot, trip out, strike a lead, strike gold, borehole, bore, betoil, oil up, thirl, auger, more...

Opposite:
dry well, come up empty, find nothing

Phrases:
to strike oil, more...

▸ Words similar to strike oil

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▸ Invented words related to strike oil

Similar:
shoot, trip out, strike a lead, strike gold, borehole, bore, betoil, oil up, thirl, auger, more...

Opposite:
dry well, come up empty, find nothing

Phrases:
to strike oil, more...



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