There is no such thing as 'peak oil'. This is another meaningless buzzword.
Oil is a renewable resource. See the Fischer-Tropsche process. The conditions for this chemical reaction exist naturally underground. All you need is carbon dioxide (or carbon monoxide), hydrogen, heat, and pressure, and the presence of iron to act as a catalyst. Everything needed for the reaction to run naturally is already underground.
Wells pumped dry can be capped, and they fill with oil again. It isn't coming from 'nearby fields'. Entire fields can be capped and recycled in this way.
Oil can be found literally anywhere you want to drill for it, if you want to go deep enough. It comes closest to the surface near the edges of tectonic plates, typically, especially where spreading action is taking place. Such places as the Mideast, the North Sea, the Alaskan fields, off the coast of the SOTC (formerly California), the Caribbean and the gulf coast of the United States, etc. There are exceptions, of course, such as the oil fields in the central U.S.
Oil right now is CHEAP. We are practically awash in oil.
To make an issue in an effort to control energy markets is supporting fascism. Are you sure you want to do this?