Yes. Many wells have filled back up after being pumped dry. Also petroleum can be made synthetically:

https://www.discovermagazine.com/tec...ng-into-oil-03


Research the abiotic petroleum origin and you'll discover there are a lot of geologists and scientists that hypothesize that petroleum is in fact a natural process in the earth, and not dead dino guts. In other words the earth keeps generating more of it over time.


Also, peak oil, is a myth.