It’s a bit more than what you describe. The movie dramatized the scenic giant worms. Herbert had a simple way think up the giant worms— ever see someone use a stick and a board to vibrate mud and giant worms will come right up to the surface from the irritation.
Same thing with the giant Dune worms—who rather sense sound on the surface of the sand dunes and come up to attack people or things making sound. The particular connection (parallels the oil wells of Middle East imho) is to the Spice which allows vast distances in space to be navigated by ships. A plausible biologic known universe trade in a special “drug” (heroin?) wired into space travel and the battle between medieval like “Houses” on different planets. Good (the water planet Ruler and House) comes to rescue the Desert Planet (taken over and ruled by some real sicko perverts and murderers)vs.Evil.
Movie is difficult to follow without having read the main Novel Dune, which is very busy in the “culture” of the worlds the writer created. Not bad for a futuristic Middle East war scenario far in the future and in another galaxy. An early kind of Game of Thrones... without stupid plot lines.
As a side note, the tank warfare Smartphone/tablet game World of Tanks Blitz has (or had, it may have been removed) an Easter Egg on one of the desert maps where, when you shoot a certain building’s window, a sand worm appears (!!).
https://www.youtube.com/watch?v=42v1U7YFqoQ