A Chronology of U.S. Oil & Gas
This Week in Petroleum History
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...
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...
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...
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,...
On February 17, 1902, Lufkin Foundry and Machine Company was founded in Lufkin, Texas, as a repair shop for railroad and sawmill machinery. When the pine region’s timber supplies began to dwindle, the company discovered new opportunities in the burgeoning oilfields following the 1901 discovery at Spindletop Hill.
February 12, 1954 – 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.
With demand for oil and petroleum products growing during World War I, the science for finding the resource remained obscure when the American Association of Petroleum Geologists (AAPG) organized in Tulsa, Oklahoma.
On January 28, 1969, after drilling 3,500 below the Pacific Ocean floor, a Union Oil Company drilling platform six miles off Santa Barbara, California, suffered a blowout. The offshore accident spilled up to 100,000 barrels of oil that reached southern California’s beaches, where the U.S. offshore petroleum history began in 1896 with wells drilled from piers.
In 1886, the spectacular natural gas well – the “Great Karg Well” of Findlay, Ohio – erupted with an initial flow of 12 million cubic feet a day. The well’s gas pressure was so great that it could not be controlled by the technology of the day.
In 1954, a Shell Oil Company wildcat well in Harding County, South Dakota, began producing oil from about 9,300 feet deep, revealing South Dakota’s first oilfield. This single well drilled in what proved to be the Buffalo field produced more than 341,000 barrels of oil for the next five decades.
History of oil and Gas
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