8/30/2023 0 Comments Edwin l drake inventionWhile there had been many attempts to find oil in the area over the years, this was the first successful wildcat well. In 1948, when an exploratory well hit oil in west Texas, it unveiled the potential for the upcoming Texas oil boom and lead to a greater focus on the area’s potential for oil production. The Permian Basin is a complex geological formation made up of several component basins and platforms. In response to a ‘Save the 76 Ball’ campaign, they reversed the decision and put up countless new balls in the new brand colors. When ConocoPhillips began rebranding 76 stations in 2005, many of the orange balls were taken down. Millions of smaller versions of the logo were given away as car antenna toppers in an effort to create publicity for the gas brand. The orange ball ‘76’ logo that so many recognize was created for the 1962 World’s Fair in Seattle, Washington. The number was a reference both to the octane rating of the gasoline and to the 1776 U.S. On January 2nd, 1932, the Union Oil Company unveiled the now infamous ‘76’ brand gasoline at gas stations across the Western United States. The iconic orange 76 ball was introduced at the 1962 World’s Fair in Seattle. The trust was eventually broken up by a Supreme Court ruling in 1911. The Standard Oil Trust in turn owned 40 different affiliate companies, through which it continued to control most of the oil business in the United States.īecause of the Standard Oil Trust, and the anti-competitive practices that its control allowed, the idea of a ‘trust’ became associated with monopolies. Rockefeller reorganized Standard Oil, which owned most of the oil production and transportation companies across the country, into a trust. While the Sherman Antitrust Laws were still a few years off, many states began passing laws against monopolistic companies. Janu– Standard Oil Reorganized Into TrustĪ share certificate for the Standard Oil Trust. Edwin Drake had drilled the first commercial oil well only a few years earlier, but Sweeney’s rock drill improved many of the shortcomings of this original design, and would be used extensively in many oil booms around the country. The rig was intended for drilling deep holes. The hollow drill-rod, the equivalent of modern drill pipe, allowed steam or water to be piped to the bottom of the hole so that it could be kept clear. The drill head was designed to be turned rapidly so that the cutting wheels cut into the rock and produced a clear hole. Aptly titled Improvement in Rock Drills, this piece included a roller bit and replaceable cutting wheels. This device includes many basic aspects of modern drill rigs that are still used today. In 1866, Peter Sweeney patented the first rotary drill, a design meant to be an improvement on an earlier creation from Britain’s Robert Beart. Pictured here is a drawing of Peter Sweeney’s patent.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |