Well-Oiled

Potentially of British Origin (possibly Northern-English).
Meaning heavily drunk.
Less common but the same as pissed.

Let's go out and get well-oiled.
Haha look, Jack's having a piss on the fruity. Is he well-oiled or what?
I've had a rough day at work, I'ma have to get oiled up.

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well oiled

well·oiled (adj)
1) as of the colloquial metaphor "a well oiled machine"
2) as an indication of sexual arousal or readiness (chiefly female)
3) as a colloquial term for intoxication
4) as in a sufficient amount of oil or oil like substance has been applied
5) the preferred state or condition of a female wrestler

1) Another for The Pack? That team is well oiled!
2) KY? You've got me well oiled already...
3) Six Long Island's later, I was well oiled.
4) Laying out at the cove? Be sure to get well oiled before you go.
5) Bronze Buns Babes are always well oiled!

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The oil well

When a male and or female has a bad case of the runs and you stick you're fingers in their anus causing their asshole to gush diarrhea like you just struck oil

Jack - "Damn, dude. I tried to finger my girls pooper last night but i ended up striking some oil."
Todd - "gross! Sounds like you were the victim of THE OIL WELL!"
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Oil Well

When a Saudi Prince donates money online to a western woman thus stimulating the western economy

Prince Abdar, of the Saudi royal family, donated recently 50,000 dollars to his favorite oil well in America

oil well

v. sex move: sexing a woman in the anus until you hit black gold.

I totally did the oil well last night until the room stank.

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Alaskan Oil Well

Liquid form of "Alaskan Pipeline." Without Condom.

It was recently discovered that Glen Rice gave Sarah Palin an Alaskan Oil Well.

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oklahoma oil well

A fake sexual position told to your noisy coworkers when how your weekend went.

"I had a great weekend, Tai did an Oklahoma Oil Well on me after we went to dinner."