by Bruce Wells | Aug 26, 2024 | This Week in Petroleum History
After years of growth thanks to discoveries at Spindletop and Sour Lake, the Texas Corporation incorporated in Delaware, acquiring the outstanding stock of the Texas Company (Texas), which was dissolved by the next year. (more…)
by Bruce Wells | Aug 20, 2024 | Petroleum Technology
Today’s oil and natural gas exploration and production technologies began with mid-19th century wells drilled in northwestern Pennsylvania. Just four days after America’s first commercial oil well, a second attempt nearby resulted in the first “dry hole” for the new U.S. petroleum industry.
Edwin L. Drake drilled the first U.S. oil well specifically seeking oil on August 27, 1859, at Titusville, Pennsylvania. His historic feat included inventing the method of driving a pipe downhole to protect the integrity of the well bore. The former railroad conductor borrowed a kitchen water pump to produce the first barrel of oil.
