by Bruce Wells | Mar 23, 2026 | This Week in Petroleum History
March 23, 1858 – First American Oil Company reorganizes –
Investors from New Haven, Connecticut, organized the Seneca Oil Company with $300,000 in capital after purchasing the Titusville leases of the Pennsylvania Rock Oil Company, which had been founded in 1854 by George Bissell. (more…)
by Bruce Wells | Aug 25, 2025 | This Week in Petroleum History
August 26, 1926 – The Texas Company expands –
After years of growth thanks to discoveries at Spindletop and Sour Lake, the Texas Corporation was incorporated, acquiring all of the outstanding stock of the Texas Company, which was dissolved the next year. (more…)
