Blog
October 25, 2019
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5 min read
October 26, 1970 – Joe Roughneck Statue Dedicated in Texas The ‘Joe Roughneck’ statue was dedicated by Texas Governor Preston Smith in 1970. It is at a rest stop off Highway 64 and marks the site of a
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October 25, 2019
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8 min read
October 17, 1890 – Unocal Is Founded When oil drillers Wallace Hardison and Lyman Stewart, founded The Union Oil Company of California in 1890, they had no idea it would go on to be a leading force in
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October 25, 2019
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5 min read
October 13, 1917 – Founding of the USOGA The modern USOGA works on behalf of the oil and gas industry, particularly in states along the Gulf of Mexico. The US Oil and Gas Association (USOGA) isn’t jus
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October 25, 2019
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6 min read
November 8, 1880 – Edwin Laurentine Drake Dies A monument located in Titusville, Pennsylvania was constructed 1901 to honor Edwin Drake. Edwin Drake drilled just three wells in his life, but he is wid
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October 25, 2019
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6 min read
November 21, 1925 — Small Oil Companies Merge to Form Magnolia Petroleum Magnolia Petroleum operated over 500 service stations across from Texas to Arkansas. In 1925, several small oil companies decid
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October 25, 2019
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4 min read
July 25th, 1543 – Oil Discovery Oil was first discovered in the New World was made by Spanish explorers, hundreds of years before the oil well was struck in the United States. This unexpected discover
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October 25, 2019
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5 min read
July 19th, 1957 – Alaskan Oil Industry Hits Major Milestone While oil production was already happening in the area when the first commercial oilfield in Alaska was discovered in July of 1957. This occ
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October 25, 2019
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4 min read
July 11th, 2008 – Oil Prices Reach a Historic High Oil prices reached a high in July 2008 when they skyrocketed to $147.27 per barrel. New York Mercantile Exchange prices also peaked at $145.29 per ba
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October 24, 2019
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7 min read
May 29th, 1940 – Nebraska Finally Strikes Oil After 50 years of unsuccessful efforts, the earliest commercial oil well in Nebraska was completed in 1940. It was located in the southeastern portion of
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October 24, 2019
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6 min read
May 23th, 1937 – Rockefeller Dies After Decades of Contribution to Oil Industry Oil tycoon and the founder of Standard Oil Company, John D. Rockefeller passed away on May 23rd, 1937. His demise came
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