America’s petroleum exploration and production industry began in the mid-19th century when a lumber company sold 105 acres along a creek known for natural oil seeps.
On November 10, 1854, the lumber firm of Brewer, Watson & Company sold a parcel of the company’s land at the junction of the east and west branches of Oil Creek southeast of Titusville, Pennsylvania. (more…)
William Crapo “Billy” Durant, co-owner of America’s largest manufacturer of horse-drawn carriages, founded General Motors Holding Company in Flint, Michigan. The Durant-Dort Carriage Company, which had taken control of Buick Motor Company, would soon acquire Olds Motor Works of Detroit. (more…)
A 40-kiloton nuclear device was detonated about eight miles southeast of present-day Parachute, in Garfield County, Colorado. Project Rulison was the second of three natural-gas-reservoir stimulation tests that were part of Operation Plowshare, a government program to study uses of nuclear explosives for peaceful purposes.
The first nuclear fracturing test, Project Gasbuggy, detonated a 29-kiloton device in a New Mexico well in December 1967. The third unconventional test to increase production was Project Rio Blanco, a 1973 detonation in a Rio Blanco County, Colorado, natural gas well. (more…)
