Nine times out of ten blown head gasket>very common problem fix immediately will make car overheat and lock up. Also cracked block/water jacket caused by inproper anti-freeze mixture in radiatore.
buy a new engine. your head gasket has gone bad, a rebuild is not a good idea because your heads could be warped. run it till it blows up, buy used motor.
i hate to let you know this but you have water in the oil pan which means that you may have a blown head gasket. the antifreeze is draining into the engine by draining into the cylinder or cylinders...
More than likely, you have a blown head gasket. Do not drive this car in this condition. Serious engine damage will occur. Have it repaired ASAP
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