Where is the oil stored in an oil rig?

Short answer: in a rig tank with all the washout fluid. Long answers-> When rigged up, the goal is to not to produce oil. It's very dangerous to work on a well that is releasing oil and gas. read more

The result of the calculation above means that the oil rig floating off of the shore in Scotland weighs just under 3 times the weight of the Eiffel Tower. Therefore, just under 3 Eiffel Towers would be required to match the weight of an oil rig -- like the "Transocean Winner" in the pictures above. Amazing. read more

Oil is also stored at facilities in Cushing, Oklahoma, coming in through pipelines from Colorado, North Dakota and Canada. Supply levels are inching up there and are expected to go higher this year, The Wall Street Journal reports. read more