Petroleum; Petroleum -- Great Britain; Petroleum engineering
The oil-fields of Texas have, perhaps, witnessed more “boom” periods
than any other oil regions of the States. The Gulf coastal fields which
embrace Texas and Louisiana, came into prominence some seventeen years
ago, and they were not long in recording an output of over 5,000,000
tons in a single twelve months. The prolific districts of Spindle Top,
Sour Lake, Humble, etc., attracted rapid attention, and the speculator
in oil lands became immensely rich. But these boom periods cannot be
said to be of much real value to the oil industry, for they are
always followed by times of depression, when fortunes are lost almost
as quickly as they have been made. To-day, the Gulf coast fields have
settled down to a period of steady expansion; systematic development is
taking place in every field, and, as in California, the policy of deep
drilling has been eminently successful.
[Illustration: THE GLEN POOL--ONE OF AMERICA’S OIL PRODUCING CENTRES]
Space forbids my entering into details respecting the more recently
developed or partially exploited fields of America, but it is safe to
say that there is scarcely a single State that does not hold out hope
for profitable oil development: this is evidenced by the large amounts
of new capital which are to-day finding employment in regions which are
only commencing their oil-field history.
There is no other oil-producing country in the world where the
petroleum industry has reached such a highly organized state as in
the United States. Each producing field is connected by means of
underground pipe-lines with the trunk pipe-line system, by which it
is possible to pump oil from the most distant fields direct to the
Atlantic seaboard. Some of the principal lines are hundreds of miles
in length. In another chapter I deal with this wonderful system of oil
transportation: it is, therefore, unnecessary here to more than mention
it _en passant_. The oil-refining branch of the American petroleum
industry is also particularly well organized and up to date, but with
this subject, too, I deal at length elsewhere.
[Illustration: A TYPICAL GEOLOGICAL SECTION SHOWING THE OIL SANDS]
Public-domain text, read in full here on John Shaqi.
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