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Indiana Gas Field Natural gas miners and their drill, near Kokomo, Indiana, c. 1885. The Indiana gas boom was a period of active drilling and production of natural gas in the Trenton Gas Field, in the US state of Indiana and the adjacent northwest part of Ohio. The boom began in the early 1880s and lasted into the early 20th century.
Almost all of the natural gas was removed from the field by 1910, but only about 10% of the oil had been removed at that point. The lack of pressure caused by the removal of the gas led to a complete stoppage of oil production, even though an estimated 900 million barrels (140,000,000 m 3) of oil remained in the field. [3]
When Blackford County's railroads were constructed in the late 1860s, Trenton was bypassed—as the nearest rail line was four miles south of the small town. During the 1880s, the community was boosted by the Indiana Gas Boom, and the community had two gas companies of its own. Eventually, the community had as many as 25 residences.
1887 Spring – Hartford City Gas and Oil Company drills successful natural gas well in Hartford City. [27] This begins Blackford County's participation in the Indiana Gas Boom, as the Trenton Gas Field includes most of Blackford County. 1888 – Community of Mollie, a railroad stop in Harrison Township, opens Mollie Post Office. [8]
At the beginning of the 20th century, the Indiana Gas Boom gradually came to an end. [35] The end of the Gas Boom was difficult for many small communities, and it was a major cause of Mollie's decline. Unlike some communities, Mollie did not have manufacturers that were dependent upon the low-cost energy provided by the abundant natural gas.
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Below, Chesapeake Energy (NYS: CHK) has produced a video on the history of natural gas. ... " In it, Fool analysts detail a company that will benefit from the natural gas boom -- and it also pays ...
Millgrove’s glass factory was one of 15 glass factories that have existed in Blackford County, and most of these factories existed during the Indiana Gas Boom. [7] (There were numerous glass and gas companies in the county at that time.) Eleven more glass factories have existed in nearby Dunkirk, Indiana.