by Bruce Wells | Feb 10, 2025 | This Week in Petroleum History
February 10, 1910 – Giant Oilfield discovered in California –
Honolulu Oil Corporation discovered the Buena Vista oilfield in Kern County, California. The well, originally known as “Honolulu’s Great Gasser,” drilled deep into oil-producing sands for production of 3,500 barrels of oil a day. Steam injection operations helped the field produce “heavy” (high viscosity) oil from depths near 4,000 feet.
In 1912, as the Navy began converting its warship boilers from coal to oil (see Petroleum & Sea Power), the San Joaquin Valley oilfield was designated Naval Petroleum Reserve No. 2. The Department of Energy leased 90 percent of the 30,000-acre Buena Vista reserves to private oil companies in 2020.
February 10, 1917 – Petroleum Geologists get Organized in Tulsa
About 90 geologists gathered in Oklahoma to form an association where “only reputable and recognized petroleum geologists are admitted.” They met at Henry Kendall College, now Tulsa University, to establish the Southwestern Association of Petroleum Geologists, today’s American Association of Petroleum Geologists (AAPG).
Petroleum geologists celebrated the AAPG centennial in 2017.
Adopting its current name in 1918, AAPG also launched its peer-reviewed scientific journal, the Bulletin. By 1920, industry trade magazines were praising the association’s professionalism and success in combating, “unscrupulous and inadequately prepared men who are attempting to do geological work.”
AAPG in 1945 formed a committee to assist the Boy Scouts of America with a geology merit badge and the AAPG Foundation supports a Distinguished Lecture program. The association’s 2025 membership has reached almost 40,000 members, including 8,000 students, in 129 countries.
Learn more in AAPG – Geology Pros since 1917.
February 10, 1956 – Frank Lloyd Wright’s “Prairie Skyscraper”
Harold C. Price Sr., founder of the pipeline construction company H.C. Price, dedicated his headquarters building in Bartlesville, Oklahoma. The 19-story concrete and copper office tower remains the only skyscraper designed by architect Frank Lloyd Wright.
Established in 1921, H.C. Price specialized in field welding oil storage tanks and electric welding of pipelines. The company helped construct the “Big Inch” pipelines during WWII and built large sections of the 800-mile Trans-Alaska Pipeline.
Once a pipeline company headquarters, the Price Tower in Bartlesville, Oklahoma, was listed on the National Register of Historic Places in 1974. Photo by Bruce Wells.
Wright — who in 1954 designed the Price family residence in Phoenix, Arizona — created the Bartlesville “Prairie Skyscraper” in four quadrants, “based on the geometry of a 30-60-90 degree double parallelogram module” with one quadrant for apartments and three for offices, according to the current occupant, Price Tower Arts Center. The National Register of Historic Places added the former pipeline company headquarters building in 1974.
February 12, 1954 – First Nevada Oil Well
After hundreds of dry holes (the first drilled near Reno in 1907), Nevada became a petroleum-producing state. Shell Oil Company’s second test of its Eagle Springs No. 1 well in Nye County produced commercial amounts of oil. The routine test revealed petroleum production from depths between 6,450 feet and 6,730 feet.
Nevada’s annual oil production peaked in 1990 at about 4 million barrels of oil. Chart courtesy Nevada Division of Minerals.
Although the Eagle Springs field eventually produced 3.8 million barrels of oil, finding Nevada’s second oilfield took two more decades. Northwest Exploration Company completed the Trap Spring No. 1 well in Railroad Valley, five miles west of the Eagle Springs oilfield in 1976.
Learn more in First Nevada Oil Well.
February 12, 1987 – Texaco Fine upheld for Getty Oil Takeover attempt
A Texas court upheld a 1985 decision against Texaco for having initiated an illegal takeover of Getty Oil after Pennzoil had made a bid for the company. By the end of the year, the companies settled their historic $10.3 billion legal battle for $3 billion when Pennzoil agreed to drop its demand for interest.
The compromise was vital for a reorganization plan for Texaco emerging from bankruptcy, a haven it had sought to stop Pennzoil from enforcing the largest court judgment ever awarded at the time, according to the Los Angeles Times.
February 13, 1924 – Forest Oil adopts Yellow Dog Logo
Forest Oil Company, founded in 1916 as an oilfield service company by Forest Dorn and his father Clayton, adopted a logo featuring the two-wicked “yellow dog” oilfield lantern. The logo included a keystone shape to symbolize the state of Pennsylvania, where Forest Oil pioneered water-flooding methods to improve production from the 85,000-acre Bradford oilfield.
Forest Oil Company adopted the “yellow dog” lantern logo in 1924. eight years after being founded in Bradford, Pennsylvania,
Forest Oil Company‘s oilfield water-injection technology, later adopted throughout the petroleum industry, helped keep America’s first billion-dollar oilfield producing to the present day. Patented in 1870, the popular derrick lamp’s name was said to come from the two burning wicks resembling a dog’s eyes glowing at night.
Learn more in Yellow Dog – Oilfield Lantern.
February 13, 1977 – Texas Ranger “El Lobo Solo” dies
“El Lobo Solo” — The Lone Wolf — Texas Ranger Manuel T. Gonzaullas died at age 85 in Dallas. During much of the 1920s and 1930s, he had earned a reputation as a strict law enforcer in booming oil towns.
Texas Ranger Manuel Gonzaullas’ “working pistols” had the trigger guard cut away.
When Kilgore became “the most lawless town in Texas” after discovery of the East Texas oilfield in 1930, Gonzaullas was chosen to tame it. “Crime may expect no quarter in Kilgore,” the Texas Ranger once declared. He rode a black stallion named Tony and sported a pair of 1911 .45 Colts with his initials on the handles.
“He was a soft-spoken man and his trigger finger was slightly bent,” noted independent producer Watson W. Wise in 1985. “He always told me it was geared to that .45 of his.”
Learn more in Manuel “Lone Wolf” Gonzaullas, Texas Ranger
February 15, 1982 – Deadly Atlantic Storm sinks Drilling Platform
With rogue waves reaching as high as 65 feet during an Atlantic cyclone, offshore drilling platform Ocean Ranger sank on the Grand Banks of Newfoundland, Canada, killing all 84 on board. At the time the world’s largest semi-submersible platform, the Ocean Ranger had been drilling a third well in the Hibernia oilfield for Mobil Oil of Canada.
The deadly weather system also engulfed a Soviet container ship 65 miles east of the platform, resulting in the loss of 32 crew members. A 1983 Coast Guard Marine Casualty Report about Ocean Ranger led to improved emergency procedures, lifesaving equipment, and manning standards for Mobile Offshore Drilling Unit (MODU) operations.
February 16, 1935 – Petroleum Producing States form Commission
A multi-state government agency that would become the Interstate Oil and Gas Compact Commission was organized in Dallas with adoption of the “Interstate Compact to Preserve Oil and Gas.” Approved by Congress in August, the commission established its headquarters in Oklahoma City.
Headquarters of the Interstate Oil and Gas Compact Commission (IOGCC) on property adjacent to the governor’s mansion in Oklahoma City since the 1930s.
Representatives from Colorado, Illinois, Kansas, New Mexico, Oklahoma and Texas began planning initiatives, “to conserve oil and gas by the prevention of physical waste thereof from any cause.” Oklahoma Gov. Ernest W. Marland — founder of Marland Oil Company in 1921 — was elected the first chairman.
“Faced with unregulated petroleum overproduction and the resulting waste, the states endorsed and Congress ratified a compact to take control of the issues,” according to IOGCC, which added the word gas to its name in 1991.
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Recommended Reading: Black Gold in California: The Story of California Petroleum Industry 
(2016); Trek of the Oil Finders: A History of Exploration for Petroleum (1975); Building Bartlesville, 1945-2000, Images of America: Oklahoma
(2008); Roadside Geology of Nevada
(2017); The Taking of Getty Oil: Pennzoil, Texaco, and the Takeover Battle That Made History
(2017); Images of America: Around Bradford
(1997); Lone Wolf Gonzaullas, Texas Ranger (1998); The Ocean Ranger: Remaking the Promise of Oil (2012); Oil in Oklahoma
(1976). Your Amazon purchase benefits the American Oil & Gas Historical Society. As an Amazon Associate, AOGHS earns a commission from qualifying purchases.
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The American Oil & Gas Historical Society (AOGHS) preserves U.S. petroleum history. Please support energy education, help maintain the AOGHS website, and expand historical research for scribers to the monthly “Oil & Gas History News.” For more information, contact bawells@aoghs.org. Copyright © 2025 Bruce A. Wells. All rights reserved.
by Bruce Wells | Feb 4, 2025 | Petroleum Companies
A 1954 well drilled by the Ohio Oil Company reached more than four miles deep.
Founded in 1887 by Henry M. Ernst, the Ohio Oil Company got its exploration and production start in northwestern Ohio, at the time a leading oil-producing region. Two years later, John D. Rockefeller’s Standard Oil Trust purchased the growing company — known as “The Ohio” — and in 1905 moved headquarters from Lima to Findlay.
Soon establishing itself as a major pipeline company, by 1908 the Ohio controlled half of the oil production in three states. The company resumed independent operation in 1911 following the dissolution of the Standard Oil monopoly. The new Ohio Oil’s exploration operations expanded into Wyoming and further westward.
The Ohio Oil Company in 1930 purchased Transcontinental Oil, a refiner that had marketed gasoline under the trademark “Marathon” since 1920. Photo courtesy Library of Congress.
By 1915, the company’s infrastructure had added 1,800 miles of pipeline as well as gathering and storage facilities from its newly acquired Illinois Pipe Line Company. The Ohio then purchased the Lincoln Oil Refining Company to better integrate and develop more crude oil outlets.
“Ohio Oil saw the increasing need for marketing their own products with the ever-increasing supply of automobiles appearing on the primitive roads,” explained Gary Drye in a 2006 forum at Oldgas.com.
The company ventured into marketing in June 1924 by purchasing Lincoln Oil Refining Company of Robinson, Illinois. With an assured supply of petroleum, the Ohio Oil’s “Linco” brand quickly expanded.
The Ohio Oil Company marketed its oil products as “Linco” after purchasing the Lincoln Oil Refinery in 1920. Undated photo of a station in Fremont, Ohio.
Meanwhile, a subsidiary in 1926 co-discovered the giant Yates oilfield in the Permian Basin of New Mexico and West Texas. “With huge successes in oil exploration and production ventures, Ohio Oil realized they needed even more retail outlets for their products,” Drye reported. By 1930, the company distributed Linco products throughout Ohio, Indiana, Illinois, Michigan and Kentucky.
Marathon of Ohio Oil
In 1930 Ohio Oil purchased Transcontinental Oil, a refiner that had marketed gasoline under the trademark “Marathon” across the Midwest and South since 1920. Acquiring the Marathon product name included the Pheidippides Greek runner trademark and the “Best in the long run” slogan.
Adopted in 2011, the third logo for corporate branding in Marathon Oil’s 124-year history.
According to Drye, Transcontinental “can best be remembered for a significant ‘first’ when in 1929 they opened several Marathon stations in Dallas, Texas in conjunction with Southland Ice Company’s ‘Tote’m’ stores (later 7-Eleven) creating the first gasoline/convenience store tie-in.”
The Marathon brand proved so popular that by World War II the name had replaced Linco at stations in the original five-state territory. After the war, Ohio Oil continued to purchase other companies and expand throughout the 1950s.
Ohio Oil’s California Record
As deep drilling technologies continued to advance in the 1950s, a record depth of 21,482 feet was reached by the Ohio Oil Company in the San Joaquin Valley of California.
Petroleum Engineer magazine in 1954 noted the well set a record despite being “halted by a fishing job.”
The deep oil well drilling attempt about 17 miles southwest of Bakersfield in prolific Kern County, experienced many challenges. A final problem led to it being plugged with cement on December 31, 1954. At more than four miles deep, down-hole drilling technology of the time was not up to the task when the drill bit became stuck.
The challenge of retrieving obstructions from deep in a well’s borehole – “fishing” – has challenged the petroleum industry since the first tool stuck at 134 feet and ruined a well spudded just four days after the famous 1859 discovery by Edwin Drake in Pennsylvania (see The First Dry Hole).
In a 1954 article about deep drilling technology, The Petroleum Engineer noted the Kern County well of Ohio Oil — which would become Marathon Oil — set a record despite being “halted by a fishing job.” The well was a financial loss.
A 1953 Kern County well drilled by Richfield Oil Corporation produced oil from a depth of 17,895 feet, according to the magazine. At the time, the average U.S. cost for the nearly 100 wells drilled below 15,000 feet was about $550,000 per well. Learn more California petroleum exploration history by visiting the West Kern Oil Museum.
More than 630 exploratory wells with a total footage of almost three million feet were drilled in California during 1954, according to the American Association of Petroleum Geologists — the AAPG, established in 1917.
In 1962, celebrating its 75th anniversary, The Ohio changed its name to Marathon Oil Company and launched its new “M” in a hexagon shield logo design. Other milestones include:
1981 – U.S. Steel (USX) purchased the company.
1985 – Yates field produced its billionth barrel of oil.
1990 – Marathon opened headquarters in Houston.
2005 – Marathon became 100 percent owner of Marathon Ashland Petroleum LLC, which later became Marathon Petroleum Corp.
2011 – Completed a $3.5 billion investment in the Eagle Ford Shale play in Texas.
On June 30, 2011, Marathon Oil became an independent upstream company and unveiled an “energy wave” logo as it prepared to separate from Marathon Petroleum, based in Findlay. Read a more detailed history in Ohio Oil Company and visit the Hancock Historical Museum in Findlay.
On May 29, 2024, Marathon Oil announced it was being acquired by ConocoPhillips in an all-stock transaction valued at $22.5 billion.
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Recommended Reading: Portrait in Oil: How Ohio Oil Company Grew to Become Marathon
(1962). Your Amazon purchase benefits the American Oil & Gas Historical Society. As an Amazon Associate, AOGHS earns a commission from qualifying purchases.
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The American Oil & Gas Historical Society (AOGHS) preserves U.S. petroleum history. Please become an AOGHS annual supporter and help maintain this energy education website and expand historical research. For more information, contact bawells@aoghs.org. Copyright © 2025 Bruce A. Wells. All rights reserved.
Citation Information – Article Title: “Marathon of Ohio Oil.” Authors: B.A. Wells and K.L. Wells. Website Name: American Oil & Gas Historical Society. URL: https://aoghs.org/stocks/marathon-ohio-oil. Last Updated: February 3, 2025. Original Published Date: December 28, 2014.
by Bruce Wells | Jan 30, 2025 | Petroleum History Almanac
Col. William F. Cody searched for Wyoming black gold.
Col. William F. “Buffalo Bill” Cody’s legacy extends beyond his famous Wild West show. A Wyoming town named Cody preserves his Big Horn Basin heritage, but less known is his adventure into the oil business.
“Buffalo Bill’s Wild West and Congress of Rough Riders of the World” once made W.F. Cody the most recognized man in the world. His fanciful Indian attacks on wagon trains, the marksmanship by Annie Oakley, and other attractions drew audiences in America and Europe. (more…)
by Bruce Wells | Jan 28, 2025 | Petroleum Transportation
Library of Congress photo tells many early automobile tales.
Picturing oil history: Details of an image in the Library of Congress digital collection offer insights into the early U.S. petroleum industry.
A single 1921 black-and-white photograph of a Washington, D.C., suburban gas station features petroleum products and transportation infrastructure just 20 years after the first U.S. auto show. Printed from an eight-inch by six-inch glass negative, the image features Takoma Park, Maryland, and its railroad station on the northeastern border of the District of Columbia.
(more…)
by Bruce Wells | Jan 22, 2025 | Petroleum Companies
Rise and fall of a California oil exploration company.
A new “black gold” rush in California took off in 1886 after William Rowland and partner William Lacy completed several producing oil wells at Rancho La Puente. Their company, Rowland & Lacy (later called the Puente Crude Oil Company), helped reveal the Puente oilfield.
The exploration venture — and a more successful one with a similar name, the Puente Oil Company — were among those seeking oil in southern California at the turn of the century. By 1912, many inexperienced companies had drilled more than 100 wells in the Fullerton area southeast of the Los Angeles field. Two expensive “dry holes” were completed by the Puente Crude Oil Company.
Puente Crude Oil Company was one of many small early 20th-century ventures hoping to find oil in southern California’s prolific oilfields at Brea Canyon and Fullerton.
Initially capitalized with $500,000, Puente Crude Oil offered stock to the public at 10 cents a share in 1900, but its two unsuccessful wells in the Puente field’s eastern extension brought the company to a quick financial crisis.
One well was lost to a “crooked hole” and the other found only traces of oil and natural gas as enthusiastic advertisements continued to solicit investment. Some ads referred to the widely known Sunset oilfield, discovered in 1892 in Kern County to the north.
By May 1901 company stock was offered at two cents per share to relieve indebtedness and enable further drilling on the company’s 870 acres in Rodeo Canyon. One year later, San Bernardino newspapers reported the company in trouble.
“This history of misadventure has not been pleasing to the stockholders of the Puente Crude Oil Company,” noted one article. “An auditing committee was appointed for the purpose of examining the books and accounts of the company,” it added.
Further reports in 1902 noted the company had issued no statements, “financial or otherwise,” for a year. Puente Crude Oil Company is absent from records thereafter.
South of Los Angeles, in Orange County, the Brea Museum and Heritage Center tells the story of the Olinda Oil Well No. 1 well of 1898 – one of many important California petroleum discoveries. Visit the Olinda Oil Museum and Trail at 4025 Santa Fe Road in Brea.
Much of Puente Oil’s former oil-producing land would later be managed by the Puente Hills Landfill Native Habitat Preservation Authority. In 2022, the Port of Los Angeles handled more than 220 million metric tons — 20 percent of all incoming cargo for the United States.
The stories of exploration and production (E&P) companies joining U.S. petroleum booms (and avoiding busts) can be found updated in Is my Old Oil Stock worth Anything?
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Recommended Reading: Los Angeles, California, Images of America
(2001). Your Amazon purchase benefits the American Oil & Gas Historical Society. As an Amazon Associate, AOGHS earns a commission from qualifying purchases.
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The American Oil & Gas Historical Society (AOGHS) preserves U.S. petroleum history. Please become an AOGHS annual supporter and help maintain this energy education website and expand historical research. For more information, contact bawells@aoghs.org. Copyright © 2025 Bruce A. Wells. All rights reserved.
Citation Information – Article Title: “Puente Crude Oil Company.” Authors: B.A. Wells and K.L. Wells. Website Name: American Oil & Gas Historical Society. URL: https://aoghs.org/old-oil-stocks/puente-crude-oil-company. Last Updated: January 30, 2025. Original Published Date: July 2, 2013.
