E The Evolution of the Oil Industry Victor Ross
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The Evolution of the Oil Industry

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The Evolution of the Oil Industry is credited to Victor Ross. One line says the first oil well was drilled near Titusville, Pa., on August 27, 1859, by Col. Edwin L. Drake. The preface by Dr. Van H. Manning says a glance at the chapter headings shows an endeavour to present in succinct form a survey of the interpenetration by petroleum of all industries.

The text says the origins of oil and salt drilling mechanisms lead back to China centuries before the Christian era, where the Chinese used an auger attached to a pole. The text says the oil business yields profits when fortunately located and economically operated, and that there is no certainty that even the company which possesses leases in established fields will prove profitable. A passage on gushers says the "Potrero del Llano" was struck in 1910 and its daily flow was estimated at 125,000 barrels.

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Book facts

Pages
94
Language
English
Formats
PDF, EPUB, Read online