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Wildcat Well
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 who ...
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Drilling Rig
A drilling rig is an integrated system that drills wells, such as oil or water wells, or holes for piling and other construction purposes, into the earth's subsurface. Drilling rigs can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually by one person and such are called augers. Drilling rigs can sample subsurface mineral deposits, test rock, soil and groundwater physical properties, and also can be used to install sub-surface fabrications, such as underground utilities, instrumentation, tunnels or wells. Drilling rigs can be mobile equipment mounted on trucks, tracks or trailers, or more permanent land or marine-based structures (such as oil platforms, commonly called 'offshore oil rigs' even if they don't contain a drilling rig). The term "rig" therefore generally refers to the complex equipment that is used to penetrate the surface of the Earth's crust. Small to medi ...
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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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Petroleum Production
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world’ ...
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William M
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the name shoul ...
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Hydrocarbon Exploration
Hydrocarbon exploration (or oil and gas exploration) is the search by petroleum geologists and geophysicists for deposits of hydrocarbons, particularly petroleum and natural gas, in the Earth using petroleum geology. Exploration methods Visible surface features such as oil seeps, natural gas seeps, pockmarks (underwater craters caused by escaping gas) provide basic evidence of hydrocarbon generation (be it shallow or deep in the Earth). However, most exploration depends on highly sophisticated technology to detect and determine the extent of these deposits using exploration geophysics. Areas thought to contain hydrocarbons are initially subjected to a gravity survey, magnetic survey, passive seismic or regional seismic reflection surveys to detect large-scale features of the sub-surface geology. Features of interest (known as ''leads'') are subjected to more detailed seismic surveys which work on the principle of the time it takes for reflected sound waves to travel throu ...
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Edwin Drake
Edwin Laurentine Drake (March 29, 1819 – November 9, 1880), also known as Colonel Drake, was an American businessman and the first American to successfully drill for oil. Early life Edwin Drake was born in Greenville, New York on March 29, 1819, the son of Lyman and Laura Drake. He grew up on family farms around New York state and Castleton, Vermont before leaving home at the age of 19. He spent the early parts of his life working the railways around New Haven, Connecticut as a clerk, express agent and a conductor. During this time, in 1845, he married Philena Adams who died while giving birth to their second child in 1854. Drake remarried three years later to Laura Dowd, sixteen years his junior, in 1857. During this summer, illness prevented Drake from carrying on with his job. He retained the privileges of a train conductor, including free travel on the railroads. By 1858, the Drake family found themselves living in Titusville, Pennsylvania. Seneca Oil While petroleu ...
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Wildcat Banking
Wildcat banking was the issuance of paper currency in the United States by poorly capitalized state-chartered banks. These wildcat banks existed alongside more stable state banks during the Free Banking Era from 1836 to 1865, when the country had no national banking system. States granted banking charters readily and applied regulations ineffectively, if at all. Bank closures and outright scams regularly occurred, leaving people with worthless money. Operating in remote locations with limited or absent financial infrastructure, wildcat banks supplied a medium of exchange in the form of bearer notes that they issued on their own credit. These notes were formally redeemable in specie (i.e. gold or silver coins) but typically collateralized by other assets such as government bonds or real estate notes, or occasionally by nothing at all. Hence they carried a risk that the bank could not redeem them on demand. Terminology A wildcat bank is broadly defined as one that prints more cu ...
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Oil Creek State Park
Oil Creek State Park is a Pennsylvania state park on in Cherrytree, Cornplanter and Oil Creek Townships, Venango County, Pennsylvania in the United States. The park is adjacent to Drake Well Museum, the site of the first successful commercial oil well in the United States, that was drilled under the direction of Colonel Edwin Drake. Oil Creek State Park follows Oil Creek, between Titusville and Oil City, and is on Pennsylvania Route 8. While the creek is the park's main recreational attraction, it also contains the sites of the first oil boomtown and much of Pennsylvania's original oil industry. The park contains a museum, tableaux, and trails to help visitors understand the history of the oil industry there, and an excursion train. Oil Creek State Park was chosen by the Pennsylvania Department of Conservation and Natural Resources (DCNR) and its Bureau of Parks as one of "25 Must-See Pennsylvania State Parks". History The history of Oil Creek State Park is tied to the rise ...
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New York State
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's population liv ...
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Titusville, Pennsylvania
Titusville is a city in the far eastern corner of Crawford County, Pennsylvania, United States. The population was 5,601 at the 2010 census and an estimated 5,158 in 2019. Titusville is known as the birthplace of the American oil industry and for a number of years was the leading oil-producing region in the world. Titusville was notable for its lumber industry, including 17 sawmills, as well as its plastic and toolmaking industries. History The area was first settled in 1796 by Jonathan Titus. Within 14 years, others bought and improved land lying near his, along the banks of what is now Oil Creek. Titus named the village Edinburg(h), but as it grew, the settlers began to call the hamlet Titusville. The village was incorporated as a borough in 1849. It was a slow-growing community until the 1850s, when petroleum was discovered in the region. Oil was known to exist there, but there was no practical way to extract it. Its main use at that time had been as a medicine for both ...
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East Texas Oil Field
The East Texas Oil Field is a large oil and gas field in east Texas. Covering and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. Over of oil have been produced from it to-date. It is a component of the Mid-continent oil province, the huge region of petroleum deposits extending from Kansas to New Mexico to the Gulf of Mexico. The field includes parts of Gregg, western Rusk, southern Upshur, southeastern Smith, and northeastern Cherokee counties in the northeastern part of the state. Overall the field is about long on the north-south axis, and five miles (8 km) to across. The producing sands were relatively shallow at about , was high gravity, low in sulfur, and yielded a high percentage of gasoline (up to 37 per cent). Interstate 20 cuts across the field from east to west, and the towns of Kilgo ...
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Oil Wells
An oil well is a drillhole boring in Earth that is designed to bring petroleum oil hydrocarbons to the surface. Usually some natural gas is released as associated petroleum gas along with the oil. A well that is designed to produce only gas may be termed a gas well. Wells are created by drilling down into an oil or gas reserve that is then mounted with an extraction device such as a pumpjack which allows extraction from the reserve. Creating the wells can be an expensive process, costing at least hundreds of thousands of dollars, and costing much more when in hard to reach areas, e.g., when creating offshore oil platforms. The process of modern drilling for wells first started in the 19th century, but was made more efficient with advances to oil drilling rigs during the 20th century. Wells are frequently sold or exchanged between different oil and gas companies as an asset – in large part because during falls in price of oil and gas, a well may be unproductive, but if price ...
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