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This Week in Oil and Gas History: October 17 – October 23

October 17, 1890 – Unocal Is Founded

When oil drillers Wallace Hardison and Lyman Stewart, founded The Union Oil Company of California in 1890, they had no idea it would go on to be a leading force in the oil industry for over 100 years.

Soon after establishing their company in Santa Paula, CA, the two drillers were joined by local politician, Thomas Bard. Shortly after that, in 1901, the company moved to Los Angeles.

The original headquarters remained a field office for many years and has since been named a historical landmark. Today, the original Unocal office, is the location of the California Oil Museum. Unocal remained a giant  in oil exploration and exploitation until 2005, when it merged with Chevron.

October 17, 1917 – “Roaring Ranger” Oil Discovery

The Roaring Ranger well gushes near Ranger, Texas.

Beginning in 1904, companies from all over the US made their way down to Eastland County, Texas in hopes of striking oil. However, it took nearly 13 years of exploration for one of these companies to eventually hit it big.

The year 1917 marked the first big oil discovery in Eastland County and it opened up the floodgates for the big Texas oil rush. The gushing J.H. McCleskey No. 1 well would lead to a boom in the area that would later be said to fuel the Allied victory in WWI.

William Knox Gordon’s wildcat drilling, which lead to this discovery, was financed by the Texas and Pacific Coal Company and his success would lead to production of over 1500 barrels a day of high-quality oil. Within two years, the Texas and Pacific Coil Company’s stock would jump over forty times its initial value, going from $30 to over $1200 a share.

The well quickly earned the nickname of the ‘Roaring Ranger,” for its location near Ranger, Texas, would go on to lead to a number of high production wells in the area. As roughneck drillers and the businesses that followed them flocked to the area, the area saw a tremendous economic boom.

It also saw a population boom, with Ranger’s population tripling in size. The influx of men and money would lead to a whole range of other success stories. Most notably, Conrad Hilton quickly came to the area to buy a bank. When the deal did not work out, Hilton would instead buy a motel in Cisco, Texas—starting the now infamous worldwide chain of Hilton Hotels.

October 17, 1973 – The Organization of Arab Petroleum Exporting Countries Decides An Oil Embargo

In retaliation for supporting Israel in the ‘Yom Kippur War,’ the Organization of Arab Oil Exporting Countries passed measures preventing the US and several other industrial nations from purchasing their oil.

That organization included most Arab OPEC countries, as well as Syria and Egypt—and they were following a policy they called ‘oil diplomacy.’

Most nations had been used to decades of inexpensive gasoline and the embargo lead to severe economic declines, including a startling drop in the New York Stock Exchange of nearly $100 billion.

At that time, the low level of reserves in the United States required that a substantial amount of oil be imported to meet demand. By 2005, the amount of oil imported into the United States reached an all-time high.

It wasn’t until recently that the United States was able to harness the power of new technologies to become the world’s largest producer of oil.

October 18, 2008 – Derrick dedicated in Discovery 1 Park

The replica derrick that is found on Discovery 1 Park, on the site of the first oil well in Oklahoma.

Nellie Johnstone No. 1 was Oklahoma’s first commercial oil well, and an important figurehead in the state’s rich oil history.

In 2008, the town erected a replica of that historic well at Discovery Park One, in honor of all that oil production had brought to the area. The celebration was capped by the well gushing, though this time it was pumping water rather than oil.

Today, visitors to the park can see re-enactors of the roughneck drill workers operating the replica.

October 20, 1949 –  An Unusual Find: A Natural Gas Well In New England

There are a few natural gas wells in Maryland, but so far no one has found oil there.

Much to the surprise of all involved, in 1949 wildcat well drilled in Garrett County, Maryland started producing close to 500 Mcf of natural gas a day.

Located in the westernmost country in Maryland, this marvel of gas production influenced others to come to Maryland and neighboring Pennsylvania to look for oil themselves.

Twenty nine wells are drilled within Mountain Lake Park, Maryland, and 20 of these still produce some gas, though the high density drilling depletes the field quickly. Natural gas is still produced in a few wells in New England, though no oil has been discovered yet.

October 21, 1921 – New Mexico Gets Its First Natural Gas Well

In 1921 natural gas was discovered near Aztec, New Mexico. Natural gas would be found elsewhere in southeastern New Mexico soon after.

On this date in 1921, the State No. 1 Well in Aztec, New Mexico made its official debut, ushering in a new era of natural gas production in the area. Leading to the founding of the San Juan Basin, production in this area continued to be a source for oil and natural gas well into the 21st century.

State No. 1 had a daily production of nearly 10 million cubic feet, and needless to say, drillers were not prepared for an output of this size. A makeshift wellhead of a tree trunk, pipe, and valve had to be used until a proper wellhead that could handle the production was shipped from Colorado.

Within three months, a pipeline was bringing natural gas to Aztec and sold to the town and its inhabitants–much to their delight! With the state’s only natural gas service, supplying a gas heater cost only $2 and families could supply their gas stoves for just $2.25 a month.

October 23, 1908 – Salt Creek Oilfields Become Center of Activity

The first of the Salt Creek Oil Field wells, Big Dutch drilled through about 1000 ft of shale and produced over 500 barrels of oil a day.

One of the first big oil strikes in Wyoming, which lead to the state’s first boom, was actually financed by a company based in the Netherlands called Petroleum Maatschappij Creek. Their first well, Big Dutch No. 1, was located about 40 miles from Caspar, Wyoming.

It was well-known that there was oil hiding deep below the surface in the area for almost 30 years. However, it had not been tapped until 1906 when Dr. Porro, an Italian Geologist, suggested it might be a good area to drill.

There was a fair amount of foreign investment in the area, as an English owned corporation called the Oil Wells Drilling Syndicate had already drilled a well that produced 600 barrels a day into the Salt Creek formation.

This is where the Dutch company came in. Since first setting up Big Dutch No. 1, thousands more wells have been drilled into the oilfield, some as shallow as a few dozen feet. This oil field has also been the subject of several different practices to increase production, including water flooding and CO2 injection; all designed to get even more out of this sprawling oil field.

October 23, 1948 – The First Smart Pig Is Used For Pipeline Inspection

A ‘Smart Pig’,’ shown here, is a robot used to inspect pipelines.

The Smart Pig made her debut in 1948 and completely changed the way we handle pipeline inspections. There were safety concerns involved with how to properly inspect the inside of welds in smaller pipelines.

This is where the Smart Pig cam in. This x-ray device runs through the pipeline and actually used various forms of radiation to find flaws in welds.

Four years before this, Cormack Boucher had patented a machine which could be used with larger pipelines, but it was too large to use on some of the smaller pipelines that were common around the country.

Northern Natural Gas Company was able to use this smaller machine to inspect the interior of a 20-inch pipe. The smart pig travels nearly 2000 feet into the pipeline to x-ray each weld.

October 23, 1970 – Land Speed Record Powered By Natural Gas

While natural gas now powers over 100,000 different types of vehicles, it was an unusual fuel in 1970. The Blue Flame used it to power to a record that stood until 1997.

While gasoline is currently the standard for cars, when you’re trying to set a land speed record, you need a more efficient fuel. And in 1970, when the owners of the experimental Blue Flame needed some record-setting fuel power, they looked outside the box.

Using a combination of liquefied natural gas, and hydrogen peroxide, the rocket car would go on to set a speed record that would stand for 27 years.

As an added bonus, natural gas and hydrogen peroxide burn very clean, making Blue Flame the greenest record breaking car in the 20th century.

The Blue Flame was 38 ft long and weighed almost 5,000 lbs, but the rocket motor that was developed for it could produce over 20,000 pounds of thrust, equivalent to 58,000 horsepower. The development of the car was sponsored by the American Gas Association and Institute of Gas Technology, and three Wisconsin men with the need for speed; Dick Keller, Ray Dausman, and Pete Farnsworth.

The three men had previously worked on another record setting project, the X-1 dragster, and were looking to up the ante and break records when they began the ambitious design concept for the Blue Flame.

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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