A Chronology of U.S. Oil & Gas

This Week in Petroleum History

This Week in Petroleum History, April 27 – May 3

After receiving a degree in mechanical engineering in 1954, former eighth-grade teacher Jim Buchwald in 1966 founded Ariel Corporation in Mount Vernon, Ohio. Buchwald bought a lathe, a small hand-cranked rotary table and a vertical drill for manufacturing valves…

This Week in Petroleum History, April 20 – 26

The Los Angeles oilfield was discovered in 1892 when struggling prospector Edward Doheny drilled into tar seeps between Beverly Boulevard and Colton Avenue (near present-day Dodger Stadium). His well produced about 45 barrels of oil a day. By 1925, California would supply half of the world’s oil…

This Week in Petroleum History, April 13 – 19

April 13, 1974 - Oklahoma Well sets World Depth Record After 504 days and about $7 million, the Bertha Rogers No. 1 well reached a total depth of 31,441 feet before being stopped by liquid sulfur. Drilled in the heart of Oklahoma's Anadarko Basin, it was the deepest...

This Week in Petroleum History, April 6 to April 12

April 7, 1966 – Cold War Accident boosts Offshore Technology. A robotic technology soon adopted by the offshore petroleum industry was first used to retrieve an atomic bomb. America’s first cable-controlled underwater research vehicle (CURV) attached cables to recover the weapon lost in the Mediterranean Sea.

This Week in Petroleum History, March 30 to April 5

March 30, 1980 - Deadly North Sea Gale Massive waves during a North Sea gale capsized a floating apartment for Phillips Petroleum oil workers, killing 123 people. The Alexander Kielland platform, 235 miles east of Dundee, Scotland, housed 208 men who worked on a...

This Week in Petroleum History, March 23 to March 29

March 23, 1858 - Rock Oil Company reorganizes as Seneca Oil Investors from New Haven, Connecticut, organized the Seneca Oil Company with $300,000 in capital and former railroad conductor Edwin Drake a shareholder. The investors had purchased the leases of the...

This Week in Petroleum History, March 16 to March 22

March 16, 1914 - "Main Street" Oil Well completed A well completed in 1914 produced oil from about 1,770 feet beneath Barnsdall, Oklahoma. The popular TV program Ripley’s Believe It or Not would proclaim the well the “World’s Only Main Street Oil Well.” The Osage...

This Week in Petroleum History, March 9 to March 15

March 9, 1930 - Prototype Texaco Tanker completed The world's first electrically welded commercial vessel, the Texas Company (Texaco) tanker M/S Carolinian, was completed in Charleston, South Carolina. The 226-ton vessel was a prototype design by naval architect...

This Week in Petroleum History, March 2 to March 8

March 2, 1922 - Osage Nation Oil Lease sells for $1 Million Under the broad crown of a giant elm next to the Osage Council House in Pawhuska, Oklahoma, Skelly Oil and Phillips Petroleum Company jointly bid more than one million dollars for just a 160-acre tract of...

This Week in Petroleum History, February 24 to March 1

February 25, 1918 - Pawnee Bill's Oklahoma Oil Companies As World War I neared its end in 1918, Gordon William "Pawnee Bill" Lillie entered the oil business in Yale, Oklahoma. Despite not being as famous as his Wyoming friend Col. William F. “Buffalo Bill” Cody,...

History of oil and Gas

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