If there was one involving humans, sure. Involving dinosaurs (or earlier)? No. Oil is constantly reforming and the oil we drill today wouldn't have formed back then. Sure, we suck it up a LOT faster than the replenish rate or the rate of natural reintroduction of fossilized carbohydrates into the circulation, but over geological timespans oil has a best-before date. Eventually there will be fissures (due to land movement or erosion) and it would end up being released onto the surface in one way or another.
