PDA

View Full Version : Good Morning...Pennzoil discovered in the Quaker State



Okla-homey
8/27/2007, 05:50 AM
http://img394.imageshack.us/img394/6040/ar98me14ng.jpg
August 27, 1859 Black Gold!

(this "Good Morning" offering was originally broadcast on Aug 27 2005. It has been enhanced to include new material and has been formatted to fit your screen)

148 years ago today, Edwin Drake's primitive well came in when it struck oil at 69 feet near Titusville in Crawford County in the northwest corner of the Quaker State --and in so doing, became the driller of the world's first successful oil well.

Edwin Drake was an unemployed train conductor when the Seneca Oil Company hired him - at $85.00 a month - to prospect their property in western Pennsylvania. What that meant in those days was simply wandering around the countryside looking for pools of oil that had percolated to the surface.

http://img183.imageshack.us/img183/4971/wwwpa14958fl6.gif (http://imageshack.us)

Drake had a novel idea, he decided to try drilling for oil near Titusville, Pennsylvania - an original concept at the time - and struck a veritable ocean of the black gold. Within months, fortunes were being made by those savvy enough to exploit the new "Oildorado."

http://img394.imageshack.us/img394/4485/drake6ip.jpg
Edwin Drake

Drake was not one of them. Drake's discovery fueled revolutions in transportation and industry - and made billionaires out of men like J. Paul Getty, Oklahoma's Sam Noble (Ardmore), Waite Phillips (Bartlesville), E.W. Marland (Ponca City), and even John D. Rockefeller- but the oil industry refused to give Drake even the most meager pension.

http://img183.imageshack.us/img183/7391/wwwwoes02img0114fm1.jpg (http://imageshack.us)
Drake's well and his roughnecks

Drake chose not to seek a US patent for his critical invention -- the pipe casing for the bore hole, which would have ensured his financial well-being. He did so out of loyalty to his former employer Seneca Oil, reasoning it wouldn't be ethical for him to patent an item he developed on the job while in their employ.

http://img183.imageshack.us/img183/2967/wwwmap10ne5.jpg (http://imageshack.us)

To make Drake's fortunes worse, the ever increasing supply of oil drove the price down. When Drakes well hit, crude was selling at $22bbl. Two years later, it was down to .52bbl.:eek: The market became so volatile, Drake left the oil business. He later lost everything in bad oil stock investments he made NYC.

http://img241.imageshack.us/img241/2053/wwwwtoolsue5.jpg (http://imageshack.us)
These are Drake's tools. The whole cable rig shebang was powered by a six hp steam engine set-up in the shack next to the hole.

Drake then drifted around for several years, suffering from injuries he sustained in the Pennsylvania oil patch.

The State of Pennsylvania eventually took pity on him and awarded him a meager $1500.00 annuity in 1870 in the last decade of his life. He died in relative poverty in 1880 in Bethlehem PA, after years of crippling illnesses.

http://img207.imageshack.us/img207/4692/wwwpatchky4.jpg (http://imageshack.us)
Little Titusville PA is still proud of their community's role in the development of a ginormous international industry.

A quarter century after Drake's death, the big oil companies dug up his corpse and enshrined it in a gaudy tomb. They paid more for Drake's headstone than they ever paid Drake when he was alive.

http://img394.imageshack.us/img394/5237/oilwell5fd.jpg
Ed's well in the Pennsylvania woods, painting from an original photo.

This source of crude oil, or petroleum, opened up a new inexpensive source of power and quickly replaced whale oil in lamps -- it also took a lot of pressure off the giant marine mammals which were getting quite scarce, especially the sperm and right whales which were the most hunted oil-bearing whale species. Your correspondent knows why "sperm" whales are called that, but it's gross so we'll skip it. The right whales are called "right" whales precisely because they were the "right" whale to hunt being particularly rich in the valuable whale oil.

http://img207.imageshack.us/img207/774/wwwwwwwwwuntitledqn4.png (http://imageshack.us)
Unfortunately, despite the fact right whales are no longer hunted for their oil for use in lamps, our Japanese friends like to eat them, and they are just about gone.

http://img394.imageshack.us/img394/3254/untitled7pi.png
Not much has changed in the mechanics of oil wells, except the invention of the rotary bit by Howard Hughes' daddy. It was Hughes Tool Co. that made young Howard his bazillions which Howard in turn turned into bajillions adding movies and aerospace to the family portfolio. Wells do go much deeper than Ed's 69 foot well nowadays. Of course, Ed couldn't possibly have imagined off shore drilling and the fact one day, we'd go back to the sea for oil, but not to chase whales.

Within a few decades of Drake's discovery, oil drilling was widespread in the U.S., Europe, the Middle East, and the East Indies. However, it was the development of the automobile that catapulted petroleum into a position of paramount importance, for petroleum is the primary source of gasoline. Asphalt, also derived from petroleum, is used to surface roads and highways.

The Sooner State Connection Wildcatters Robert Galbreath and partner Frank Chesley staked their fortune on an oil lease on the land allotment of a Creek Indian lady named Ida Glenn in Tulsa County in 1905.

They spent their last dime on the rig. They had no idea their well, the Ida Glenn No. 1, would tap a giant oil field (the Glenn Pool) and begin a legacy of Oklahoma oil production that would last into the 21st century. Their well "came in" at 5 a.m., Nov. 22, 1905. Eastern Oklahoma quickly became a magnet for investors, oil patch service providers, tool makers and roughnecks looking to make their fortune. The eastern Oklahoma oilfields built Tulsa and powered the U.S. economy.

http://aycu20.webshots.com/image/27419/2001285461188048236_rs.jpg (http://allyoucanupload.webshots.com/v/2001285461188048236)
Boom times in the Glenn Pool, (c. 1910,) near Sapulpa, Okla. More money was made on the Glenn Pool oil field than the California gold rush and Colorado silver rush combined.

The Ida Glenn No. 1 was "plugged" in 1917, but later re-entered and plugged to modern standards by Texaco during a waterflood operation in the early 1960s. The wellsite is located in a thicket about 300 yards northwest of the intersection of U.S. Highway 75 and 141st Street at Glenpool.

http://img394.imageshack.us/img394/9738/chap08inbarrelofoil1nc.jpg
When the price of a barrel of crude goes up, of course, so does everything that depends on the various products derived from that barrel.

Just about everyone agrees human civilization needs to do something to lessen our dependence on petroleum products, the problem is, there just aren't any feasible, suitable and acceptable alternatives out there right now.

http://img206.imageshack.us/img206/875/insane7zoit6.jpg

SoonerStormchaser
8/27/2007, 08:31 AM
Look out Captain, she's gonna bloooooow!

jeremy885
8/27/2007, 08:54 AM
I saw on the History channel that the Chinese drilled the first oil well back in the 4th century.

Wouldn't that be the world's first successful oil well?

1stTimeCaller
8/27/2007, 11:34 AM
Sam Noble took over Noble Drilling and Samedan Oil when Lloyd died of a sudden heart attack. IIRC, Lloyd was in his 40s and Sam was in his mid 20s when that happened.

I find it amazing what Sam was able to do at such a young age when every oilman in the country thought the Noble companies would go under with Sam at the helm.