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This Week in Oil and Gas History: February 13 – February 17

February 13, 1924 – Bradford, PA. A Mysterious Past for a Fiery Dog

In February of 1924, four independent petroleum companies and an exploration firm performed a consolidation merger, they emerged under the new moniker Forest Oil Corporation. The company, which would go on to become the globally-recognized Sabine Oil became an early leader in the field of technology known as Secondary Recovery.

Secondary Recovery works on regulating pressure levels of existing wells by using external energy forces such as water or cO2.

With a new company came the need for a new emblem, and Forest Oil Corporation opted to include a Yellow Dog Lantern in the logo. The ‘Yellow Dog’ is an iconic symbol in the oil and petroleum world. First patented in 1860, the two-wicked lamp’s etymology remains murky. Some say it gets its name from the two flames looking like the eyes of a dog, others saying that the flames together would cast a shadow of a dog on the ground below.

The company was originally based in Bradford, Pennsylvania, which was fast becoming one of the first billion-dollar oil fields in the United States. It was at the vanguard of important and innovative ventures; such as water injection. This technology has proven itself to be one of the most economic and efficient methods of secondary extraction, by assisting in maintaining the pressure in the well, increasing production of hydrocarbon reserves and reducing environmental impact.

The yellow dog lantern was developed specifically with oil regions in mind, where dropping and breaking a regular lamp could spell serious danger for all nearby.

February 16, 1935 – The Interstate Oil Compact Commission Forms

On February 16, 1935, brought about the official birth of the Interstate Oil Compact Commission (IOCC). The organization, which was based in Oklahoma City, had received congressional approval the summer before and was looking to revolutionize the oil and gas industry in America.

The organization got to work fast. They drafted up the ‘Interstate Company to Preserve Oil and Gas’ to propose that all states who signed the agreement would work towards minimal physical waste of oil and gas, decommission any unsafe or inefficient wells, and work against undue flooding and unsafe drilling of wells. The Law of Capture culture of the time, as well as the Great Depression ravaging the United States, meant that there was a lot of waste and unfeasibly low prices, and thus a need for some cooperation and self-regulation.

Representatives from Illinois, Kansas, Texas, Oklahoma, Colorado and New Mexico conferred in this unique multi-state body to start implementing the provisions set forth in the agreement. It was first chaired by the Governor of Oklahoma Ernest W. Marland, founder of Marland Oil Company. Marland, perhaps surprisingly for an Oklahoman big oil man, ran as a Democrat, and created more than 90,000 new jobs in downtrodden Oklahoma with his FDR inspired Little New Deal during his time as governor.

It is now known as the IOGCC, with the word ‘gas’ being added to the title in 1993, and claims to have helped establish effective regulation within the oil and natural gas industry. Through a variety of programs the IOGCC has been able to disseminate information, technologies and regulatory guidelines in an effort to honor their founding father, the late Ernest W. Marland.

According to the commission, their goals for the future are simple, to ensure the future of the nation’s energy is a successful one.

Ernest W. Marland lost his fortune in oil twice over but continually worked to make the industry safer to work in.

February 17, 1902 — Lufkin Foundry and Machine Company Makes its Debut

When the pine industry began to dwindle in Lufkin Texas, a sawmill machinery repair shop called the Lufkin Foundry and Machine Company saw opportunity in the fledgling industry of petroleum drilling. This had much to do with the historic turn of the Century ‘gusher’ 100 miles or so away in Beaumont, Texas.

In 1925, when inventor Walter Trout was working for the company, he designed a new means of pumping oil that is still used to this day. His idea would have a working prototype by the end of the year, and soon after his counterbalanced pumping unit was on the market. Installed first on a Humble Oil and Refining Company well in Hull, Texas, trout confessed that even though the pump was perfectly balanced and fit for purpose, that the aesthetics brought with it much ridicule and criticism.

The familiar sight of the nodding pump is often seen even today and Lufkin Industries manufactured and sold more than 200,000 of Trout’s ‘thirsty bird’ before being bought out by General Electric in 2013 for $3.3 billion. The original and historic foundry in downtown Lufkin was closed in 2015.

Lufkin Foundry and Machine Company newspaper advertisement

February 17, 1944 –Alabama Makes a Major Splash in the Oil Industry

The state of Alabama took its place on the national oil map when H.L. Hunt, a Texan who had found previous success in Arkansas, drilled the No.1 Jackson Well in Choctaw County. In 1944, Hunt drilled a wildcat well— revealing the Gilbertown Oilfield. His efforts proved there is merit in the old saying “patience is a virtue” as 350 previous attempts to drill in the state of Alabama had returned dry.

Gilbertown was discovered at a depth of 3,700 feet in the Eutaw Sand and it produced 15 million barrels of oil. Unfortunately for Hunt, the search for another oilfield was all for nought as he spent another 11 years turning up nothing by dry holes. It would not be until the 1960s that more oilfields were discovered in the state of Alabama, and according to the Independent Petroleum Association of America, between 1944 and 2014, more than 16,500 wells have been drilled there.

The discovery was in part due to the work of historian and geologist Ray Sorensen, who discovered a report on the Drake well by Michael Tourney which documented reports of a discovery of an oil seep near Oakville in Lawrence County. Tourney noted “tar, or bitumen, floats on the surface, a black film very cohesive and insoluble in water,” this was a rare, but accurate sign that there was oil nearby.

H.L. Hunt incorporated oil field first found oil in Oklahoma in 1944.

February 19, 1863 –Early Attempts at Pipeline Reveal Challenges for Oil Industry

Inventor and entrepreneur J.L. Hutching of New Jersey makes an early attempt at transporting oil from the field to a refinery via pipeline. Using a pipeline that stretched two and a half miles from Oil Creek to the Humboldt Refinery, and measured two inches in diameter. However, the newly patented pump was not fit for purpose. Structural weaknesses and flaws in the technology rendered it useless due to leaks, resulting in oil waste. It would not be until 16 years later, in 1879, that the first crude oil truck line was built in the Tidewater region of Virginia.

February 19, 1889 – Ohio Launches New Conservation Act Prevents Wasted Gas

A Conservation Act “to prevent the waste of natural gas and to provide the plugging of all abandoned wells” was enacted by the Ohio House of Representatives in 1899, making the Buckeye state one of the original states to legislate conservationist measures for the oil industry.

Known as the ‘Trenton Field’, located in Eaton and Portland, it was at the home and epicentre of the Indiana gas boom. It stretched over 5,120 square miles and into 17 Indiana counties. Parts of it even reached into Ohio, and within three years of the discovery, 200 enterprises were established drilling, distributing and selling gas from the Trenton field.

Ohio is now one of the leading producers of gas and oil in the nation. It has drilled 275,000 wells to date, surpassed only by production giants in Texas, Oklahoma and Pennsylvania.

Flambeaux exhibition in Indiana at the height of its gas boom.

How CAN we guarantee you a 6% lift in profit margin in 6 weeks*?

ALLOW US TO STIMULATE YOUR GREED GLAND

*PLEASE NOTE: 6% is the AVERAGE result of producers who implement the app into their operations..... which means a full HALF of our clients do better 🤑

Centralized Repository

Get full production history, well files, commentary and the like in the hands of the people who need it (when they need it) and enable everyone in the field or office to do their best work.

Reduced Overhead

The height of cultivation runs to simplicity. With Greasebook, streamline your operations, automate back-office tasks all while eliminating any excess operational drag ❌ ⚙️

Reduced Downtime through Alerts

Gain timely detection of equipment malfunctions or other operational issues and prevent costly breakdowns. With Greasebook, alert your in-house team to issues in the field wherever they're at.

Increased Production

Catch a hole in the tubing or an engine issue immediately when a well begins to slip (not several weeks later when your purchaser statements come in…) 💸 Greasebook is the next best thing to 'sitting shotgun' with each pumper on every route. And because you'll have complete visibility of your assets and your field crew, you'll not only avoid significant expenses associated with repairs and oversights but you'll also produce more oil because of it.

Timely Reports

Weekly, monthly, or missed reports simply don’t cut it. Why? Because longer reporting intervals increase the risk of inaccuracies and discrepancies in your production data, which not only erodes trust in the reported figures but also makes it challenging to analyze trends or forecast future production 📉 With Greasebook, eliminate any excuse NOT to have your production data.

Full Accountability

Gain full transparency of your folks in the field and eliminate boiler housed reports and ‘Kitchen Table Pumping’ for good 🍳

Focus

From one-off wells to lengthy routes, no matter what form your pumping takes, GreaseBook keeps your pumpers focused on moving those production updates from field to office.

Gather

Easily gather everything that matters. Track tank levels, capture notes, administer well tests, submit photos of scanned run tickets. All from the field. All on your mobile device. All over the cellular network.

Connect

Connect with the people who help you get it all done. Communicate, collaborate, and share in real-time with your guys and gals in the field without ever leaving the GreaseBook.

Access

Access fast, accurate gauge sheets. No need to re-key production or manipulate Excel. Just one click and your production is organized into a beautiful screen-friendly layout.

ALLOW US TO IMPLEMENT THE GREASEBOOK FOR YOU AND....

BECOME THE OFFICE HERO

Streamline your operations and discover why the industry’s most effective operators rely on Greasebook to do their best work.

Everything in one place

The central place for everyone’s work. All the relevant content from well history to run ticket images, easily accessed.

Get paid your due

Compare a month's worth of oil sales tickets vs purchaser statements vs payments received (and find those inconsistencies!) in just seconds.

Knowledge discovery

GreaseBook acts as your operations watchdog, surfacing any unexpected drops in production, unplanned downtime, or incompetence in the oilfield.

Share Responsibility

Production data syncs across all pumpers who share the responsibility of a particular lease. That means no more calling, no more meeting up to trade-off books, and no more miscommunication.

Mobile Sync

Automatic sync means your production status is available the minute your pumper returns to coverage.

Offline Access

Pumpers retain access to historical production by making their work available even when a connection isn’t.

Guarantee

If you don’t TRIPLE your money in the form of profits from downtime reduction, increased production, lower overhead, and/or reduced time and redundancies in the back office during your 60 day trial – we’ll DOUBLE the amount money you paid for the app.

Voted New Technology Development of the Year.

57000449
bbls pumped to date
50106001
MCF flowed to date

Simple 8-minute Ramp Up

Average time to learn? 8 minutes (and yes, this goes for those pumpers who are 75 years old still tending wells…)

Custom Reports

Select one of our premade reports or build your own.

Alarm Alerts

Whether it’s a full tank or well is offline, we’ll text or email anyone you want if there’s an issue.

Production Graphs

See the big picture with beautiful production displays which render perfectly on any device.

Field Data Collection

Enter run tickets, BS&W draws, water hauls, track dual product tanks, conduct well tests all via the Greasebook. Now, your real-time monitoring shows right alongside those manual pumper gauges.

Comments

Real-time production is worthless if you don’t have the contextual information to complement it. Tag or search pumper comments by lease, well, or injector/SWD – letting the whole team know precisely what’s going on in the field.

Well Testing and Allocation Engine

Robust well testing and allocation engines to satisfy even the most complex gathering system.

Downtime Tracker

Which wells are down? How long they been down for? Why are they down? Now, you’ll know at a moment’s glance.

State & Government Auto-Report Filer

Yes, you read that right. We’ll produce your State and Government production reports enabling your back office to catch their breath.

Scheduled Reports

Want a report with your coffee every morning at 5AM? Got a WI partner who won’t quit calling to ‘get the numbers’? Set’em up on an automated report and watch the daily minutiae disappear.

Well History Files

A single place for your downhole and surface equipment PDFs, Word Docs, and the like – accessible in both the field and office.

Pumper GPS Tracker

Wanna know how many times your pumper is showing up each month? When was the last time someone set foot on a particular lease? No more “he said, she said” – with GPS tracker, now you’ll know the full story.

Custom Variables

Track any variable at any lease no matter how obscure.

Custom Logic

Components of a production system don’t operate in a vacuum. We make complex math simple so you can focus on analysis NOT spreadsheet jockeying.

Partner/Investor Permissions

Maintain transparency by giving special partners and investors access to their production (and ONLY their production!)

Read-Only Permissions

Giving certain users the ability to ‘look but don’t touch’.

Privacy and security. Keep what’s private pri****.

Bring the most advanced security of any device to your operations. The GreaseBook comes with built-in protections against malware and viruses, and given our open API it gives you the freedom to choose what you share and how you share it. So no matter what you’re doing (or where you’re doing it), GreaseBook helps your private information stay that way.

(just a few of) the products we integrate with

GREASEBOOK INTEGRATIONS

“If you’re unsatisfied for any reason during your 6-week trial, we'll either work with you until it's right or refund 200% of what you paid for the app. How can we do this? We're just that good. But don't take it from me. Check out what our clients are saying below......"
Greg Archbald
Perpetual Student of the Oilfield
Founder of GreaseBook
FEAST YOUR EYES, NON-BELIEVERS 👀👇

VERIFIED REVIEWS BY OUR CUSTOMERS

Ask us anything

F.A.Q.

Not really. Simply share with us your Excel reports, paper gauge sheets, or the login to your existing legacy production software and we’ll take care of the rest.

Our petroleum engineers turn-key your entire setup, we’ll reach out once we’re done. Bada bing.

You’re right. And, because no one leaves their house without their phone (and because our app works offline), we eliminate any excuse for your pumpers NOT to send you their data. See, we told you this would be easy.

In addition to both Android and Apple smartphones, the Greasebook also works on any tablet, laptop, or desktop.

While Greasebook has been implemented in many of the country’s largest publicly traded production companies operating thousands of wells, Greasebook is focused on serving the small and mid-sized independent US-based oil & gas operators.

Anywhere, anytime, on any device (phone, tablet, desktop or laptop).

The beauty of the app is once your pumpers start submitting their production via the Greasebook – anyone on your team can access production reports, graphs and well files from any device at any time.

It’s sorta like a centralized place from which everyone on your team can work, without all the calls, text messages and emails that would go on otherwise.

Absolutely. As your pumpers continue to add tickets, comments, pressures, well tests and any other relevant information, your investors will have guest access to as much (or as little) information as you’d like.

Of course, they’ll only see production info for the wells in which they participate.

Oil & gas companies who run Legacy oil and gas software systems expose themselves to major risks (and minor annoyances…)

The complexity of traditional oil & gas production systems is twofold:

  1. Software Problem: Legacy software systems are expensive, outdated, clunky and have extremely complex interfaces. In fact, because of all the support and manual interventions required, continuing to use outdated software can often be more costly than simply upgrading.
  2. People Problem: Legacy software systems take an enormous amount of time to familiarize oneself with. And, anytime an employee quits, retires, or is let go the amount of training required for new employees can be significantly higher than for newer, more user-friendly software.

 

This is a lose/lose. What’s more, given all the set-up fees, training fees, support fees and the like the projected ‘savings’ never materialize and now your forced to contend with fluctuating hydrocarbon prices AND a bloated monthly OPEX.

Talk about getting stuck in the muck!

With Greasebook, office users are 99% proficient with the platform in about 20 minutes.

Within 2 seconds – FROM YOUR SMARTPHONE – you’ll have your answer to any question regarding production, allocations, performance, well history files, commentary, run ticket reconciliation, Custom Reports, State reports, and more – all sliced and diced and customized at the Company, Operator, Battery, Well, State, County, Section, Township, Range, Acquisition, or even Supervisor level…

We’ve been at this for awhile. Greasebook was established in 2012 and now supports more than 400+ oil and gas operators (small ma & pops and publicly traded companies alike) across 20 States and is the fastest growing production software in the patch.

The Greasebook corporate outpost is proudly located in Oklahoma City, Oklahoma 🤠📍

The Greasebook helpdesk is staffed by Petroleum Engineers, Geologists, and Completions Experts Monday through Friday, 8AM to 5PM CST. 

We have a real-time chat through which most questions are answered in 2 minutes or less.

Naturally, some questions are more complex and you’ll want to speak to someone over the phone. In this case, we aim to complete all callbacks within two hours of scheduling.👌

Of course, your Dashboard and Reports are available to you 24/7.

We don’t blame them.

Pumpers have been burned by Legacy Production Systems in the past. 😵

However, given how much upside you stand to gain in the form of time savings and profit, DO NOT make the mistake of letting the tail wag the dog, folks!! 💸

Real talk: the average pumper takes about 8 minutes to learn Greasebook (and that goes for guys in their 80s still tending wells…)

Give us two days and we’ll make believers out of your entire pumping crew….

Still not convinced? Check out Greasebook’s “Pumper Wall of Love” by clicking here and let the pumpers tell you themselves 😘

Let us help you help yourself. Simply send us your existing production info, and we’ll assign a production engineer to turn-key your entire setup for you.

We’ll build your wells, your tank straps, your users and anything else you require.

Finally, once everything has been reviewed by your team, we’ll roll out your pumpers and either train them for you or with you while you focus on more important stuff.

That’s not a question, but actually no.

The average pumper demands anywhere from $125 to $400 per month.

And depending on what you require, Greasebook is priced anywhere from $5-15 well/mo.

So, given how much more you’ll get out of your pumpers, how much we’ll streamline your operations, and how quickly we’ll get this all done for you, we’re actually kind of a bargain.

Our guarantee is two-pronged…

First, run the app for full 6 weeks in your operations. If you’re not completely satisfied, let us know and we’ll DOUBLE your money back.

Second, if for any reason you’d like your money back in first 30 days after paying simply let us know and it’s yours. 🤝

However, if you’re anything like our other 400+ operators you’ll be wondering why you didn’t do this 6 months ago…

We’re ready when you are. Take the quiz and schedule a call here – depending how many operators we have in front of you, there’s a chance we can get you up and running by the end of next week.

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