Walter K. Link
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Walter K. Link
Walter K. Link (1902–1982) was an American oil geologist. Career In 1926, Link went to work for the Standard Oil Company of New Jersey as a junior geologist mapping deposits in Venezuela, Colombia, and Ecuador. His work for Standard Oil then took him to Indonesia, Ada, Oklahoma, and the American Gulf Coast. From 1940–1945, Link was Standard Oil's Chief Geologist for much of Latin America, living in San José, Costa Rica and later Havana, Cuba. Commercial shipping across the Caribbean was hazardous during World War II, making sources of oil closer than Venezuela increasingly desirable. In 1955 Link returned from semi-retirement when he accepted an invitation to become the leader of an exploration program for the new Brazilian petroleum monopoly, Petrobras. This led to the Link's memorandum summarizing the onshore petroleum potential of Brazil. Link recommended that Petrobras begin offshore exploration. The recommendation was unpopular with both Petrobras and the Brazilian ...
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Standard Oil Company Of New Jersey
ExxonMobil, an American multinational oil and gas corporation presently based out of Texas, has had one of the longest histories of any company in its industry. A direct descendant of John D. Rockefeller's Standard Oil, the company traces its roots as far back as 1886 to the founding of the Vacuum Oil Company, which would become part of ExxonMobil through its own merger with Mobil during the 1930s. Today, the company, which merged from Exxon and Mobil in 1999, is the largest investor-owned oil and gas company in the world by revenue and market capitalization. Standard Oil (1870-1911) Origins Both Exxon and Mobil were descendants of Standard Oil, established by John D. Rockefeller and partners in 1870 as the Standard Oil Company of Ohio. In 1882, it together with its affiliated companies was incorporated as the Standard Oil Trust with Standard Oil Company of New Jersey and Standard Oil Company of New York as its largest companies. The Anglo-American Oil Company was establi ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and India ...
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Ada, Oklahoma
Ada is a city in and the county seat of Pontotoc County, Oklahoma, United States. The population was 16,481 at the 2020 United States Census. The city was named for Ada Reed, the daughter of an early settler, and was incorporated in 1901. Ada is home to East Central University, and is the headquarters of the Chickasaw Nation. Ada is an Oklahoma Main Street City, an Oklahoma Certified City, and a Tree City USA member. History In the late 1880s, the Daggs family (by way of Texas) became the first white family to settle what is now known as Ada, which was formerly known as Daggs Prairie. In April 1889, Jeff Reed (a Texan and relative of the Daggs family) was appointed to carry the mail from Stonewall to Center (which was later combined with Pickett), two small communities in then Indian Territory. With his family and his stock, he sought a place for a home on a prairie midway between the two points, where he constructed a log house and started Reed's Store. Other settlers soon bu ...
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Gulf Coast Of The United States
The Gulf Coast of the United States, also known as the Gulf South, is the coastline along the Southern United States where they meet the Gulf of Mexico. The coastal states that have a shoreline on the Gulf of Mexico are Texas, Louisiana, Mississippi, Alabama, and Florida, and these are known as the ''Gulf States''. The economy of the Gulf Coast area is dominated by industries related to energy, petrochemicals, fishing, aerospace, agriculture, and tourism. The large cities of the region are (from west to east) Brownsville, Corpus Christi, Houston, Galveston, Beaumont, Lake Charles, Lafayette, Baton Rouge, New Orleans, Gulfport, Biloxi, Mobile, Pensacola, Navarre, St. Petersburg, and Tampa. All are the centers or major cities of their respective metropolitan areas and many of which contain large ports. Geography The Gulf Coast is made of many inlets, bays, and lagoons. The coast is intersected by numerous rivers, the largest of which is the Mississippi River. Much of the l ...
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Time (magazine)
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published Weekly newspaper, weekly, but starting in March 2020 it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been published by Time USA, LLC, owned by Marc Benioff, who acquired it from Meredith Corporation. History ''Time'' has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden and Henry Luce. It was the first weekly news magazine in the United St ...
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San José, Costa Rica
San José (; meaning "Saint Joseph") is the capital and largest city of Costa Rica, and the capital of the province of the same name. It is in the center of the country, in the mid-west of the Central Valley, within San José Canton. San José is Costa Rica's seat of national government, focal point of political and economic activity, and major transportation hub. San José Canton's population was 288,054 in 2011, and San José's municipal land area is 44.2 square kilometers (17.2 square miles), with an estimated 333,980 residents in 2015. Together with several other cantons of the central valley, including Alajuela, Heredia and Cartago, it forms the country's Greater Metropolitan Area, with an estimated population of over 2 million in 2017. The city is named in honor of Joseph of Nazareth. Founded in 1736 by order of Cabildo de León, the population of San José rose during the 18th century through the use of colonial planning. It has historically been a city of strat ...
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Havana
Havana (; Spanish: ''La Habana'' ) is the capital and largest city of Cuba. The heart of the La Habana Province, Havana is the country's main port and commercial center.Cuba
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The city has a population of 2.3million inhabitants, and it spans a total of – making it the largest city by area, the most populous city, and the
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Petrobras
Petróleo Brasileiro S.A., better known by the portmanteau Petrobras (), is a state owned enterprise, state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petroleum Corporation — Petrobras. The company was ranked #181 in the most recent Fortune Global 500 list. In the 2020 Forbes Global 2000, Petrobras was ranked as the 65th-largest public company in the world.' History Petrobras was created in 1953 under the government of Brazilian president Getúlio Vargas with the slogan "The Oil is Ours" (Portuguese: "O petróleo é nosso"). It was given a legal monopoly in Brazil. In 1953, Brazil produced only 2,700 barrels of oil per day. In 1961, the company's REDUC refinery began operations near Rio de Janeiro, and in 1963, its Cenpes research center opened in Rio de Janeiro; it remains one of the world's largest centers dedicated to energy research. In 1968, the company estab ...
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Link's Memorandum
Link's memorandum is a group of three letters written by American oil geologist Walter K. Link after accepting an invitation to establish an onshore exploration program in 1954, for Petrobras, the Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...ian petroleum monopoly. After having completed his six-year contract, his detailed evaluation recommended that Petrobras look offshore instead. This recommendation did not go well with either Petrobras, or the local press, in which he was "''vilified mercilessly as the messenger with bad news''". After ignoring Link's advice for the following seven years, Petrobras finally did accept, and act upon, the recommendation. References {{Brazil-hist-stub * Petrobras ...
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La Porte, Indiana
La Porte (French for "The Door") is a city in LaPorte County, Indiana, United States, of which it is the county seat. Its population was estimated to be 21,341 in 2022. It is one of the two principal cities of the Michigan City-La Porte, Indiana Metropolitan Statistical Area, which is included in the Chicago–Naperville–Michigan City, Illinois–Indiana–Wisconsin Combined Statistical Area. La Porte is located in northwest Indiana, east of Gary, and west of South Bend. It was first settled by European Americans in 1832. The city is twinned with Grangemouth in Scotland. History The settlement of La Porte was established in July 1832. Abraham P. Andrew, one of the purchasers of the site, constructed the first sawmill in that year. The first settler arrived in October, building a permanent cabin just north of what would become the courthouse square. After the US extinguished land claims by the Potowatomi and other historic tribes of the area by treaty and removal to India ...
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Indiana
Indiana () is a U.S. state in the Midwestern United States. It is the 38th-largest by area and the 17th-most populous of the 50 States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th state on December 11, 1816. It is bordered by Lake Michigan to the northwest, Michigan to the north, Ohio to the east, the Ohio River and Kentucky to the south and southeast, and the Wabash River and Illinois to the west. Various indigenous peoples inhabited what would become Indiana for thousands of years, some of whom the U.S. government expelled between 1800 and 1836. Indiana received its name because the state was largely possessed by native tribes even after it was granted statehood. Since then, settlement patterns in Indiana have reflected regional cultural segmentation present in the Eastern United States; the state's northernmost tier was settled primarily by people from New England and New York, Central Indiana by migrants fro ...
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University Of Wisconsin–Madison
A university () is an educational institution, institution of higher education, higher (or Tertiary education, tertiary) education and research which awards academic degrees in several Discipline (academia), academic disciplines. Universities typically offer both undergraduate education, undergraduate and postgraduate education, postgraduate programs. In the United States, the designation is reserved for colleges that have a graduate school. The word ''university'' is derived from the Latin ''universitas magistrorum et scholarium'', which roughly means "community of teachers and scholars". The first universities were created in Europe by Catholic Church monks. The University of Bologna (''Università di Bologna''), founded in 1088, is the first university in the sense of: *Being a high degree-awarding institute. *Having independence from the ecclesiastic schools, although conducted by both clergy and non-clergy. *Using the word ''universitas'' (which was coined at its foundation ...
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