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This is called primary oil recovery. (Usually, only about 20% of the oil in a reservoir can be extracted this way).
Over the lifetime of the well the pressure will fall, and at some point there will be not enough underground pressure to force the oil to the surface. Then, the remaining oil in the well is extracted using secondary oil recovery methods; that use several techniques to aid in recovering oil from depleted or low-pressure reservoirs...
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Sometimes pumps, such as beam pumps and electrical submersible pumps are used to bring the oil to the surface. Other secondary recovery techniques increase the reservoir's pressure by water injection, natural gas re-injection and gas lift, which injects air, carbon dioxide or some other gas into the reservoir...
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