World’s Richest Acre
World’s Richest Acre101-199 E Main St Kilgore, TX 75662 Hours 24-hours AdmissionFree In a town with over 1,000 wells in the down town alone, the World’s Richest Acre is a 1.195-acre standout in the East Texas Oil Boom. While the boom began in 1930, it wasn’t until June 17, 1937 that the Mrs. Bess Johnson-Adams…
May 2015 Review
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…
April 2016 Review
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…
Kansas Oil & Gas Museum
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 Review
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.
February 2016 Review
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,…
Department of the Interior
While the Department of the Interior’s (DOI) scope and presence spans across the country, its main offices are found in Washington DC. There, a grand building has been the hub of public land management since its construction was completed in 1936. Along with offices, the building houses a museum and an extensive collection of murals…
Howard Hughes Sr. & The Two-Cone Rotary Drill Bit
Before Howard Hughes Jr. was flying airplanes and making movies, his father Howard Hughes Sr. was revolutionizing the drill bit market. Though his father was a judge, Hughes Sr. dropped out of Harvard and the University of Iowa College of Law. Instead, Hughes became an entrepreneur with many failed endeavors before he stuck on a winning…
Understanding Maps
The time has come for an overhaul of our mapping services to clear the way for further development of handy tools for our users. As such, this month we have rolled out a new map format to better allow our users to quickly peruse oil & gas leases by disposition. In order to keep the…
Hathaway Ranch & Oil Museum
Nestled in the middle of a block of industrial buildings in Santa Fe Springs is a time capsule of ranching and oil life from the yearly twentieth century. The Hathaway Ranch & Oil Museum is 5 acres of historic buildings and artifacts from the Hathaway family’s work in cattle ranching, water, and oil drilling. Artifacts…