Smackover brought Arkansas to the national attention in 1920s when it was ranked 1st amongst the nation’s oil fields. Before the oil industry came to Smackover, the region struggled producing cotton and timber. On January 10, 1921, the The Busey No. 1 well near El Dorado, Arkansas and 15 miles from Smackover blew in as Arkansas’ discovery…
May experienced a modest increase in authorized oil and gas leases (13) along with a decrease with closed leases (32). While a positive trend, it still contributed to a net decrease of 162 leases over the month of May. The positive trend in authorized leases was lead by New Mexico with 24 authorized leases. While, much of the…
ABSTRACT Oil and Gas leasing on public land over the month of April 2016 had a decrease in both authorized leases (50.43%) and closed leases (11.59%) compared to April 2015. Utah had a modest uptick in authorized leases, for a total of 24—more than any other state. Meanwhile, Wyoming lost the most leases over April of any state (126). CONTENTS…
The scent of the oil fields is heavy in the air of Midland, Texas, an industry hub and home to the Permian Basin Petroleum Museum. Ever since the discovery of oil in the Permian Basin with the Santa Rita No. 1 in 1923, Midland has become an administrative center for west Texas’ oil fields. Midland continues to produce one…
Kansas Oil & Gas Museum5944 10th StGreat Bend, KS 67530 Summer Hours:April 1- Sept 31Monday – Friday: 1PM – 5PM Winter Hours:Oct 1 – March 31By Appointment Only AdmissionVariable The Kansas Oil & Gas Museum might be better described as a museum of an oil & gas museum. The museum has gone decades with few…
March 2016 experienced a net decrease in oil and gas leases authorized on public land. Across BLM supervised lands, only 53 leases were authorized versus 300 closed last month. This represents a general slowing of the petroleum lease market as authorized claims have decreased (147) and closed claims have increased (30) compared to March 2015. Wyoming accounts for 30% of leases opened in March and 25% of leases closed.
Galveston, Texas is host to one of the most unique oil museums in the US. Unlike most landlocked museums, the Ocean Star Offshore Drilling Museum is housed on a retired jackup drilling rig. Visitors to the busy island walk past fishing boats unloading their catch and across a gangway to the Ocean Star Offshore Drilling…
February continues a gradual decline in oil and gas leases authorized on public land overseen by the BLM. Wyoming dominates all state trends as the state hosting the most overall authorized leases, as well as having the most leases authorized and closed within the month of February. Campbell County, Wyoming is a particular hub of activity,…
Motorists along Route 66 expect to see many things—classic diners, period motels, and no shortage of tourist traps. But what such a traveler probably wasn’t expecting but certainly cannot miss, is the massive Parker Drilling Co. Rig 114, parked right along America’s Main Street. This 181 foot tall rig is one of the tallest rigs…
The Conoco Museum in Ponca City, Oklahoma celebrates a history of risk, innovation, and mergers. The museum follows the history of the international petroleum juggernaut from humble beginnings to exceptional growth, acquisitions, and partnerships. Conoco traces its origin to the Continental Oil and Transportation Company. Continental was founded in 1875 by Isaac Blake and four…
