Final answer:
The oil beneath a property is limited to the reservoirs within its boundaries, although it can be challenging to precisely delineate these boundaries due to oil's permeable rock distribution. Environmental and legal regulations govern the extraction process to prevent resource removal beyond the property owner's rights.
Step-by-step explanation:
The oil extracted from beneath a property is indeed limited to the oil reservoirs that are located beneath that property only. However, since oil is found in permeable rock formations, it can be challenging to delineate the exact boundaries of where one property's oil reservoir ends and another's begins.
Oil is not contained in a large pool underneath the Earth's surface but is distributed within porous rock. This means that the oil extraction process is regulated to ensure that only the oil beneath the owned land is removed. There are legal and environmental regulations in place to control the extraction process and to prevent the removal of resources not within the property owner's rights.
When extracting oil, oil companies must take into account the environmental impacts such as air pollution and toxic emissions, ensuring they follow regulations designed to minimize harm to the environment. In the case of offshore oil drilling, companies must also adhere to regulations to prevent ocean pollution and to protect the ocean environment.