It was discovered on 8 October 1920, by astronomer Walter Baade at the Bergedorf Observatory in Hamburg, Germany.
[1] Oldfield is a non-family asteroid of the main belt's background population.
The body's rotation period, poles and shape remain unknown.
[2] This minor planet was named after English composer and multi-instrumentalist Mike Oldfield (born 1953), creator of the famed Tubular Bells albums.
[1] The official naming citation was proposed by Gareth V. Williams and published by the Minor Planet Center on 25 April 1994 (M.P.C.