Engine will run but white smoke come out the tail pipe and water is in the oil

White smoke from the tail pipe is moisture/water turned to steam.It comes from the air drawn into the engine and/or coolant in the engine.If you see excessive white smoke and your coolant level is dropping,you are most likely steaming coolant.Oil burning usually comes out as blue smoke.

sounds more like a blown head gasget a compression test will tell you for sure

Water in oil means the jacket seals are bad. In some cases that happens when the block cracks from very cold temps. Either way you need to have the engine checked by a technician ASAP.

Sounds like a blown head gasket to me.

Hello white smoke is usually engine antifreeze,Blue smoke oil burning,Black smoke car running to rich on gas,gas is not burning properly.

If its smoking that bad you should be able to tell if its oil or antifreeze by the smell, stand behind the car as its running, if its white and you smell a sweet smell its antifreeze if its blue and smells like a oil refinery its oil.

Is it gray, bluish gray, or white? White smoke, during warm weather, indicates that you have a head gasket out and it's vaporizing water, it will look much like it does when you first start it on a cold day. Bluish gray indicates burning oil, which could be bad valve seating, severe engine wear on your piston rings and oil is blowing past them into the combustion chamber. Grey smoke is probably water as well, though it could be contaminated with oil, or the vehicle could be running too rich, getting too much gasoline. But typically this is more of a black smoke than gray.

White smoke is caused by water and or antifreeze entering the cylinder...If white smoke is present, check to see if the proper amount of antifreeze is inside the radiator and the overflow bottle. Also check to see if antifreeze has contaminated the engine oil. You can look at the engine oil dipstick, or look at the under side of the engine oil filler cap. If the oil is contaminated with antifreeze, it will have the appearance of a chocolate milkshake. Do not start the engine if the oil is contaminated with antifreeze, as serious internal engine damage can result.
Good luck..i hope this helps.... please rate me a fixya

Never seen oil come from tail pipe (unless a piston has a broken ring or a hole burned in it.) Cooling sensor tells the computer the engine temp and the computer turns the fan on through the fan relay. Very important for it to work. A blown head gasket will make the engine overheat, can cause white smoke from tailpipe, coolant loss and extremely rough running. Also can cause coolant in engine oil or oil in radiator. What you may be seeing may be water mixed with carbon from the inside of the pipe. Excessive water coming form pipe is also a head gasket symptom. A compression test or cylinder leakdown test or a radiator hydrocarbon test will tell you if gasket has failed.

White smoke is caused by coolant or water coming out the tail pipe. There is a chance that the white smoke was caused by water splashing up from a puddle onto the exhaust pipe. Keep an eye on the coolant level in the radiator in any event. If its less then there leak coolant leak in the car engine which is causing this problem....