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This short, brief and hopefully interesting
introduction to the oil and drilling industry will introduce you to both
the oil industry and the four stages of a borehole. The history of oil
stems back to around 6000 bc where it was used for water proofing boats.
Records show the Egyptians used it for make-up, in the embalming
process, and as a lubricate for moving stones.
The roman's are known to have used oil as a weapon by oil-soaked pigs
and using them as blazing torches and would often poured oil on the sea
and using it as a weapon. The Greeks were know to used oil in warfare
and the Chinese used copper flasks of flaming oil as a projectile in
battles. In the time of Queen Victoria of England Sea going vassal were
caulked with bitumen imported from Trinidad
The word "Petroleum" means rock oil and is derived
from the Greek petra - rock and the Latin oleum - oil. Petroleum is
thought to have developed from organic matter deposited with rock
particles during the formation of sedimentary rock millions of years
ago. This organic debris builds and is eventually broken down into
subject matters rich in carbon and hydrogen. Weight and pressure compact
the sediment into hard shale's which entrap these hydrocarbon particles.
Over time and under certain conditions, petroleum is produced.
The first nation to form an oil industry was France
(1765 - 1849), however it was unsuccessful. Whale oil and the like were
use as a lighting fuel. In 1854, kerosene was introduced as an
alternative and Dr. Abraham Gesner, of Nova Scotia, developed procedures
to refine this coal oil.
In mid 19th century as more people moved into North America, and the
development of the railways created a market for quality lubricants and
a more advance lighting system. it as the time of such people as James
Miller Williams In 1857, "he dug an oil well in the Sarnia area of
Canada, refined, product and sold the oil as lamp oil. Col. Edwin Drake,
a railway conductor, drilled the first well in Titusville,
Pennsylvania.(1859) that pioneer the industry, the start of the drilling
and oil industry as we know it today.
Although the Col use the cable-tool or percussion
tools. "tools that are raised and drop until the producing formations
were encounter. It was the first well drilled in the America's
surprisingly enough the winch use to drill the well has changed very
little since them early days. The Spindletop Field in Texas.(1901)
introduced us to what is now the current rotary drilling method
By 1879, John Davison Rockefeller and the Standard Oil Company,
controlled 90% of the refining capacity in the United States. In 1880,
Imperial Oil was formed in Ontario. but due to hard times in getting
financial backing from the Canadian or British it sold majority interest
to Standard Oil (the Rockefeller empire) that was owned by John Davison
Rockefeller
Other large corporations and wealthy families became interested in
petroleum during this period: The banking empire of the Rothschild
family and Alfred Nobel (of dynamite and Nobel Prize fame) both explored
in the Ukraine. In the period from 1900 - 1945, 127 major oil
discoveries were made in Texas, California, Wyoming, Oklahoma and
Louisiana and 100,000,000 barrels or 15,893,000 cubic meters of oil were
recovered.
Gulf Oil and Texaco were formed as a result of the
Spindletop discovery in Texas in 1901.
The Standard Oil Company monopoly was broken by the Taft Anti-trust
Action (1911); Standard Oil of California (Chevron), Standard Oil of
Louisiana (Mobil), Standard Oil of New Jersey (Exxon) and Standard Oil
of Indiana (Amoco) were then formed as separate corporate entities. In
addition, Rockefeller divested himself of a bus company - later to
become Greyhound! In 1908, the Anglo-Iranian Oil Company had success in
the Middle East and British Petroleum was born
The Samuelson Trading Company in the Dutch East Indies (now Indonesia)
began trading in oil at the end of the 19th century, under its family
logo - a pecten sea shell. At the beginning of the 20th century, this
company merged with the Royal Dutch Trading Company to form the Royal
Dutch Shell Oil Company. The company embarked on an aggressive expansion
into Venezuela and Mexico.
From 1945 - 1970, worldwide exploration increased and the petroleum
industry diversified. Offshore development and large ocean crude oil
tankers were developed and extensive pipelines were built for oil and
gas transportation.
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