A Chronology of U.S. Oil & Gas

This Week in Petroleum History

This Week in Petroleum History, February 1 to February 7

February 1, 1868 - Oil Quality weighed for Pricing -  For the first time, crude oil price quotations began to be based on specific gravity -- the heaviness of a substance compared to that of water. In the new oil regions of Pennsylvania, independent producers...

This Week in Petroleum History, January 25 to January 31

January 26, 1931 - Third Well reveals East Texas Giant -  As East Texas farmers struggled to survive the Great Depression, an oil discovery in Gregg County confirmed the existence of a truly massive oilfield. W.A. “Monty” Moncrief of Fort Worth completed the Lathrop...

This Week in Petroleum History, January 18 to January 24

January 18, 1919 - Congregation rejects drilling in Cemetery -  Although World War I was over, oil production continued to soar in North Texas. Reporting on "Roaring Ranger" oilfields, the New York Times noted that speculators offered $1 million for rights to drill in...

This Week in Petroleum History, January 11 to January 17

January 11, 1926 - “Ace” Borger discovers Oil in North Texas -  Thousands rushed to the Texas Panhandle seeking "black gold" after the Dixon Creek Oil and Refining Company completed its Smith No. 1 well, which flowed at 10,000 barrels a day in southern Hutchinson...

This Week in Petroleum History, January 4 to January 10

January 4, 1948 - Benedum Field discovery Deep in Permian Basin -  After years of frustration, exploration of the Permian Basin suddenly intensified again when a wildcat well found oil and natural gas in a deep geologic formation. The Slick-Urschel Oil Company drilled...

This Week in Petroleum History, December 28 to January 3

December 28, 1898 - Mary Alford inherits Pennsylvania Nitro Factory -  Byron S. Alford died, leaving his nitroglycerin factory to his wife Mary, who would make the business thrive, becoming "the only known woman to own a dynamite and nitroglycerin factory," explained...

This Week in Petroleum History, December 21 to December 27

December 21, 1842 – Birth of an Oil Town "Bird's-Eye View” Artist Panoramic map artist Thaddeus Mortimer Fowler was born  in Lowell, Massachusetts, in 1842. Following the fortunes of America’s early petroleum industry, he would produce hundreds of unique maps of the...

This Week in Petroleum History, December 7 to December 13

December 7, 1905 - Helium discovered in Natural Gas -  University of Kansas professors Hamilton Cady and David McFarland revealed the importance of natural gas for producing helium when they discovered significant amounts of helium in natural gas from a well in...

This Week in Petroleum History, November 30 to December 6

December 1, 1865 - Lady Macbeth arrives at Famous Oil Boom Town -  Shakespearean tragedienne Miss Eloise Bridges appeared as Lady Macbeth at the Murphy Theater in Pithole, Pennsylvania, America's first famously notorious oil boom town. A January 1865 oil discovery had...

History of oil and Gas

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