Discovery Of Oil : Discovery

In 1900, Oil was discovered in Texas, USA, and the Hamill brothers orchestrated the drilling of the wells. The Hamills used a steam engine to drill the well. At 11000, they reached the oil reservoirs. Initially, the oil reservoirs were projected to produce 50 gallons a day but surpassed to 80,000 gallons, making the USA the largest oil producer in the world. This reflection paper seeks to discuss how the discovery of oil in Texas enhanced the economic growth in the country.

The fossil fuels contain high percentage of carbon and include coal, oil, and natural gas, are the major source of energy that power our modern society. Fossil fuel range from low carbon to hydrogen ratio like methane, to liquid petroleum, to almost pure carbon like coal. Petroleum, such as natural gas and crude oil, contains a mix of hydrocarbons. Hydrocarbon deposits underneath the earth surface, such as oil and natural gas, is search by petroleum geologist and geophysics, called hydrocarbon exploration and oil exploration.

April 20, 2010 was the beginning of the end for British Petroleum. BP was started in 1901 by William Knox D’Arcy. Their mission is to operate oil and natural gas exploration, while marketing and distributing all over the globe. The primary issues the company faces are rebuilding their business after the tragic oil spill, their low oil prices and internal leadership promotions. Following the 2010 oil spill, all of BP’s top executives were fired, and the company has continued to promote internally, as recent as February of 2016. The company has been trying to rebrand itself and fix its disastrous public image that resulted from the poorly handled oil spill. Due to these internal promotions, no new ideas have been introduced into the company and their efforts in recreating themselves have since stalled, leading to unmotivated employees and decreased profits. Although British Petroleum has solid production sites in Gulf of Mexico, Alaska, and various areas of the U.S, the brand’s name remains so tainted from past violations. The declining price of oil, along with that environmental factors that affect the company, both nationally and globally, have exacerbated this stall and caused the company a major issue in recovering their public image, reputation, brand name, stock prices, and overall prosperity. These factors have certainly not been beneficial to the company in recovering from the sixty-one billion dollars BP has had to pay as result of

On August 28, 1859, George Bissell and Edwin L. Drake found oil in oil creek Pennsylvania. Oil did not become popular (or a major industry) until the late 1800’s. It was still a great improvement and (in today's time) one of the most important advancements all-time It is important because most everything that is in the world requires oil in order to run properly. Oil fuel our airplanes, cars, and trucks, to heat our homes, and to make products like medicines and plastics. It pollutes our environment. It causes danger to plants and animals d spilled. When the oil spilled n the sea, it caused tremendous danger to the sea animals. Oil helps because after being distilled it causes tarry residue which helps road surfacing, and for roofing. When

Venezuela’s reputation has been well established regarding its supply of oil and how it was being used for medicinal use and other purposes. It was not until the first oil well was drilled in 1912, when Venezuela became the world’s second largest oil producer behind the US, and the world’s largest oil exporter (Wilpert, 2003). With the well drill in the country it attracted many major oil producers that wanted a piece of anything they could get. The Royal Dutch Shell and Rockefeller’s Standard Oil became the main producers of the oil and maintained a high status. Everything was going great for the company, “ between 1920 and 1935 oil share’s exports went up from 1.9% to 91.2%”(Wilpert, 2003), but not everything goes according to plan. The country had a dramatic impact towards its economy that many recall, “The Dutch Disease.” “The utmost important magnitude of the Dutch Disease was that agricultural production declined to almost nothing and the country fell behind in industrializing, relative to other Latin American countries” (Wilpert, 2003). Thus, Venezuela had passed a reform oil policy that was the Hydrocarbons Act, which was from the oil revenues based on the income of the mines (Wilpert, 2003), bringing the state’s income to stability.

September 5, 1927 marked a turning point in the history of oil exploration. Before then, to assess the composition of subsurface rocks to find oil pay-zones, scientists had to rely on core samples brought up from boreholes. These were highly unreliable and drilling companies frequently missed oil zones. Conrad Schlumberger had the idea of running an electrical probe into the drilled borehole to measure resistivity through the formation. This first log taken in the Alsace region of France was a simple hand-plotted graph, but it effectively aided engineers to “view” what was inside the

The book, Crude World: The Violent Twilight of Oil is a warning to the world about the great harms that have been imposed on people and the earth by our need and dependence on petroleum products. The story is much darker than most people know and Maass is hoping to change that.

Lorenzo’s Oil In 1984, Lorenzo Michael Murphy Odone, just a young boy at the age of 5, was diagnosed with adrenoleukodystrophy (ALD). ALD is an extremely rare genetic disorder that causes damage to the myelin sheath, which is the protective layer that surrounds the central nervous system’s nerve fibers. This demyelination prevents and impairs the conduction of signals to and from the brain, causing many problems such as aggression, visual loss, learning disabilities, dysphagia, and hearing loss (Kugler). Lorenzo’s Oil, a remarkable movie that is based on actual events, is about Lorenzo and his parent’s fight against ALD.

Oil was found at Masjed Soleyman in southeastern Iran on May 26, 1908, and three years later was piped down to a newly built refinery at Abadan on the Iranian side of the Shatt-Al-Arab, not many miles below Basra.1(Stephen, 1991) Its global importance eas immediately recognized, not just by the Admiralty in London, looking for new sources of supply for its oil-fired battleships, but in other European capitals as well leading to a brief British-German-Turkish skirmish for control of the pipeline at the start of World War 1.2(Wilfred, 2007) Oil was next found in the Persian Gulf, beginning with Bahrain in 1931; there were subsequent discoveries in Kuwait, Qatar, Saudi Arabia, the Trucial states, and Oman. By 1960 the smaller Gulf states were producing 15 percent of the world 's oil, with another 10 percent or so coming from Iraq and Iran.3(Longrigg, Oil in the Middle East) By 1970 this had risen to 30 percent.4(BP Statistical Review, 2006) The story of the discovery, exploitation, and importance of Middle Eastern oil has been told in many different ways, and from many different points of view. For some it has been a source of Western triumphalism as in the case of the Aramco story , in which brave Texas "pioneers" conquer the world 's last oil frontier.5(Wallace, 1971) For others, like the Arab novelist Abad Al-Rahman Munif, it is a tale of woe, as the lives of nomadic people are disrupted by the appearance of prisons and exploitative local officials.6(Cities of Salt, 1989)

During the 1920’s, as cars became more widespread, society became evermore dependent on the properties of oil. Gas, a by-product of oil, was in high demand, but the supply was quickly being depleted. As once prosperous wells were reaching their limits, panic ensued upon the public Oil in America was becoming scarce and the search for outside sources was on. In the third installment of the Prize titled “Black Giant”, we follow America in its search for foreign oil.

The Middle East has served as the center of art, history, culture, political innovations, and a major geopolitical interest for the Western world. During the 19th century, the Ottoman Empire became of increasing significance to the political economy of European capitalism. European powers were able to structure the terms of their investments in ways that led to the economic and political subordination of the Ottoman Empire and eventually to its destruction. The territory was considered to be strategically valuable to commercial shipping routes and the Europeans projected political and military power in this region. The discovery of oil in the region, particularly Iraq and neighboring Iran contributed to a European and later American involvement

Oil in the Middle East has a negative impact on countries, wildlife, and people. The Middle East consists of 27 countries and of those countries, ten are rich in oil. Oil is an important aspect in lives of people. Some use Oil to make money, and some use it for necessary purposes such as heating, gas, plastic, and to sustain needs. However, oil in the Middle East does create conflict between countries because some countries aren’t as rich in oil, and want the oil. Oil starts wars, damages the environment, and oil revenue is not properly used on violence and destruction. Oil in the Middle East creates clashes between countries.

crude oil allowed in at the bottom of the tower at a time so that the

There’s an estimated three and a half thousand oil platforms that spread throughout the central planning area in the Gulf of Mexico with the majority of them no further than 50 miles away from the shores of Louisiana, Mississippi and Alabama.

The oil and gas industries involve a high amount of documentation for both transportation as well as extraction and field services. Activities are highly regulated, and subject to oversight from Federal Energy Regulatory Commission (FERC), the Department of Transportation (DoT), the Environmental Protection Agency (EPA), and the Department of the Interior (DoI). That said, the process of regulation is trending toward a more digitized system, with organizations like FERC having their own submission portals that implement a “fill-in-the-blank” platform to complete forms. However, not all forms have yet been converted to digital submission even in agencies with online portals, and other agencies still remain reliant on