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The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) 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. [ 1 ]
He expanded into exploration and production in northern Texas, then around San Antonio, and finally the Dallas area. He went on to create the Southern Union Gas Company and became a developer on the East Texas field. He expanded his business into international oil and gas operations in Canada and Australia.
EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas . The company is ranked 186th on the Fortune 500 [ 2 ] and 337th on the Forbes Global 2000 .
A wildcatter is an individual who drills wildcat wells, which are exploration oil wells drilled in areas not known to be oil fields. [1] Notable wildcatters include Glenn McCarthy, Thomas Baker Slick Sr., Mike Benedum, Joe Trees, Clem S. Clarke, and Columbus Marion Joiner; Joiner is responsible for finding the East Texas Oil Field in 1930.
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 1866 to the founding of the Vacuum Oil Company, which would become part of ExxonMobil through its own merger with Mobil during the 1930s.
The high price of petroleum encouraged intensified exploration in the US and elsewhere, and eventually resulted in the discovery of large new petroleum deposits. American oil production surged in the early 1920s, particularly in north Texas and the Los Angeles Basin in California, driving down both imports and the price of oil. [ 27 ]
The Woodbine Group is a geological formation in east Texas whose strata date back to the Early to Middle Cenomanian age of the Late Cretaceous. [1] It is the producing formation of the giant East Texas Oil Field (also known as the "Black Giant") from which over 5.42 billion barrels of oil have been produced. [ 3 ]
Chronology of European exploration of Asia (330 BCE–1595 CE) Timeline of the Middle Ages (410 CE – 1499) Chronology of colonialism (821–2010) Chronology of the colonization of North America (986–1791) Abolition of slavery timeline (1102 CE–present) Timeline of European exploration (1418 – present) Timeline of European imperialism ...