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 | Oct 1, 2025 | Petroleum Technology
Offshore oil and natural gas platforms have proven useful after retirement. Hundreds of former platforms serve as aquatic habitats. A jack-up rig in Galveston, Texas, is an offshore museum. There’s a historic mobile rig in Morgan City, Louisiana, that in 2024 was added to the National Register of Historic Places. Another mobile platform launched satellites from 1999 to 2014. (more…)