Catapult Zone is a Field Spell Card.
Spell Cards are usually activated from the hand on your turn unless their type gives another timing window.
On the current TCG and OCG Forbidden & Limited lists tracked here, Catapult Zone is Unlimited.
YGOPRODeck lists Catapult Zone for these formats: Duel Links, Common Charity, TCG, OCG, Master Duel.
A listed print of Catapult Zone appears in Return of the Duelist (REDU-EN064) at Common rarity.
Among markets shown on this page, the lowest listed snapshot for Catapult Zone is about $0.13 on Cardmarket (prices change frequently).
