re: Anyone ever buy an oil field or buy interest in an oil field?

Invest your money into a Master Limited Partnership for Oil and Gas. Do your reasearch on MLP's that have a good track record and you can make good money. MLP's are required to pass 90% of profits to shareholders and do not pay taxes, so the money is only taxed once, and then only a percentage (a portion of your divi payment is treated as return of capital).