Superior Oil Company
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Superior Oil Company
Superior Oil Company was an American oil company founded in 1921 in Coalinga, California, by William Myron Keck, Superior Oil began as a drilling contracting firm and grew into the exploration and production of oil and natural gas. In 1930 the company was the first to successfully use directional drilling in California. Moving to Houston, Texas. By 1931 the company had wells in Texas, Oklahoma, Nebraska, Louisiana and Venezuela. In 1938, the company constructed the first offshore oil platform off the coast of Louisiana in the Gulf of Mexico. In the 1970s, Superior Oil was involved in the oil shale industry developing the Superior multimineral process. In September 1984 the company, then based in Houston, became a wholly owned subsidiary of Mobil. The company was sold to Mobil Corporation in 1984, merging to it. History Background Company founder William Myron Keck, also founder of the W. M. Keck Foundation, started his career as a "roustabout" in the oil business in Pennsylvania, ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Oil Shale Industry
The oil shale industry is an industry of mining and processing of oil shale—a fine-grained sedimentary rock, containing significant amounts of kerogen (a solid mixture of organic chemical compounds), from which liquid hydrocarbons can be manufactured. The industry has developed in Brazil, China, Estonia and to some extent in Germany and Russia. Several other countries are currently conducting research on their oil shale reserves and production methods to improve efficiency and recovery. Estonia accounted for about 70% of the world's oil shale production in a study published in 2005. Oil shale has been used for industrial purposes since the early 17th century, when it was mined for its minerals. Since the late 19th century, shale oil has also been used for its oil content and as a low grade fuel for power generation. However, barring countries having significant oil shale deposits, its use for power generation is not particularly widespread. Similarly, oil shale is a source ...
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Superior Oil Co
Superior may refer to: *Superior (hierarchy), something which is higher in a hierarchical structure of any kind Places *Superior (proposed U.S. state), an unsuccessful proposal for the Upper Peninsula of Michigan to form a separate state *Lake Superior, the largest of the North American Great Lakes, Canada, United States United Kingdom * Rickinghall Superior, England United States *Superior, Arizona *Superior, Colorado *Superior, Indiana *Superior, Iowa * Superior Township, Chippewa County, Michigan *Superior Township, Washtenaw County, Michigan *Superior, Montana *Superior, Nebraska * Superior, West Virginia *Superior, Wisconsin, a city *Superior (town), Wisconsin, a town adjacent to the city * Superior (village), Wisconsin, a village adjacent to the city *Superior, Wyoming *Superior (RTA Rapid Transit station), a station on the RTA Red Line in Cleveland, Ohio * Superior Bay, a bay between Minnesota and Wisconsin * Superior Falls, a waterfall between Michigan and Wisconsin R ...
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Sally Helgesen
Sally Helgesen (born July 1, 1948) is an American author, speaker and leadership coach. Early life and education Helgesen was born in Minnesota and grew up in Kalamazoo, Michigan. She attended Michigan State University, received her BA degree in English and Classics Hunter College (1973–75) and attended The Graduate Center of the City University of New York. Career In 1990, Helgesen published ''The Female Advantage: Women’s Ways of Leadership'', the first book to focus on what women had to contribute as leaders rather than how they needed to change and adapt. The book became a best-seller and has remained continuously in print. In 1995, Helgesen published ''The Web of Inclusion: A New Architecture for Building Great Organizations'', which has been heralded as having introduced the language of inclusion into the work environment. The book was regarded as one of the best books on leadership by ''The Wall Street Journal''. In 2018, she published ''How Women Rise'' with co-au ...
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Kettleman North Dome Oil Field
The Kettleman North Dome Oil Field is a large oil and gas field in Kings and Fresno counties, California. Discovered in 1928, it is the fifteenth largest field in the state by total ultimate oil recovery, and of the top twenty oil fields, it is the closest to exhaustion, with less than one-half of one percent of its original oil remaining in place.California Department of Conservation, Oil and Gas Statistics, Annual Report, 31 December 2006
p. 67


Setting

The Kettleman North Dome occupies the northernmost portion of the
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Huntington Beach
Huntington Beach is a seaside city in Orange County in Southern California, located southeast of Downtown Los Angeles. The city is named after American businessman Henry E. Huntington. The population was 198,711 during the 2020 census, making it the fourth most populous city in Orange County, the most populous beach city in Orange County, and the seventh most populous city in the Los Angeles-Long Beach-Anaheim, CA Metropolitan Statistical Area. It is bordered by Bolsa Chica Basin State Marine Conservation Area on the west, the Pacific Ocean on the southwest, by Seal Beach on the northwest, by Westminster on the north, by Fountain Valley on the northeast, by Costa Mesa on the east, and by Newport Beach on the southeast. Huntington Beach is known for its long stretch of sandy beach, mild climate, excellent surfing, and beach culture. Swells generated predominantly from the North Pacific in winter and from a combination of Southern Hemisphere storms and hurricanes in the s ...
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Torrance, California
Torrance is a city in the Los Angeles metropolitan area located in Los Angeles County, California, Los Angeles County, California, United States. The city is part of what is known as the South Bay (Los Angeles County), South Bay region of the metropolitan area. Torrance has of beachfront on the Pacific Ocean and a moderate year-round climate with an average rainfall of per year.City of Torrance Website: About Torrance
Retrieved 2009-04-07
Torrance was incorporated in 1921, and at the 2020 United States Census, 2020 census had a population of 147,067 residents. The city has 30 parks. The city consistently ranks among the safest cities in Los Angeles County; Torrance is the birthplace of the American Youth Soccer Organization (AYSO).


History


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Wildcatter
A wildcatter is an individual who drills wildcat wells, which are exploration oil wells drilled in areas not known to be oil fields. Notable wildcatters include Glenn McCarthy, Thomas Baker Slick Sr., Mike Benedum, Joe Trees, Clem S. Clarke, and Columbus Marion Joiner; the last is responsible for finding the East Texas Oil Field in 1930. The term dates from the early oil industry in western Pennsylvania. Oil wells in unproven territory were called "wild cat" wells from mid-1870, and those who drilled them were called "wild-catters" by 1876. For instance, the Titusville ''Herald'' noted in 1880: "The discovery of the fluid in New York State was the signal for a general exodus of wildcatters from all parts of the oil country ..." According to tradition, the origin of the term in the petroleum industry comes from Wildcat Hollow, now in Oil Creek State Park near Titusville, Pennsylvania. Wildcat Hollow was one of the many productive fields in the early oil era. A speculator wh ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ...
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Speculation
In finance, speculation is the purchase of an asset (a commodity, good (economics), goods, or real estate) with the hope that it will become more valuable shortly. (It can also refer to short sales in which the speculator hopes for a decline in value.) Many speculators pay little attention to the fundamental value of a security and instead focus purely on price movements. In principle, speculation can involve any tradable good or financial instrument. Speculators are particularly common in the markets for stocks, bond (finance), bonds, commodity futures, currency, currencies, fine art, collectibles, real estate, and derivative (finance), derivatives. Speculators play one of four primary roles in financial markets, along with hedge (finance), hedgers, who engage in transactions to offset some other pre-existing risk, arbitrageus who seek to profit from situations where Fungibility, fungible instruments trade at different prices in different market segments, and investors who s ...
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California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territories of the United States by population, most populous U.S. state and the List of U.S. states and territories by area, 3rd largest by area. It is also the most populated Administrative division, subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation's second and fifth most populous Statistical area (United States), urban regions respectively, with the former having more than 18.7million residents and the latter having over 9.6million. Sacramento, California, Sacramento is the state's capital, while Los Angeles is the List of largest California cities by population, most populous city in the state and the List of United States cities by population, ...
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Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio to its west, Lake Erie and the Canadian province of Ontario to its northwest, New York to its north, and the Delaware River and New Jersey to its east. Pennsylvania is the fifth-most populous state in the nation with over 13 million residents as of 2020. It is the 33rd-largest state by area and ranks ninth among all states in population density. The southeastern Delaware Valley metropolitan area comprises and surrounds Philadelphia, the state's largest and nation's sixth most populous city. Another 2.37 million reside in Greater Pittsburgh in the southwest, centered around Pittsburgh, the state's second-largest and Western Pennsylvania's largest city. The state's su ...
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