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Page "History of the petroleum industry in the United States" ¶ 30
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Oil and production
Oil production surpassed the exportation of coffee as Angola's largest export in 1973.
Oil production is now declining from its peak of in 1997.
Although in 1899 Standard Oil controlled more than 85 % of the oil production in the older oil regions in the Appalachian Basin and the Lima-Indiana trend, it never controlled more than 10 % of the oil production in the new Gulf Coast province.
The discovery of the Long Beach Oil Field in 1921, which proved to be the world's richest in production per-acre of the time, increased the importance of the Los Angeles Basin as a worldwide oil producer.
An oil exploration consortium consisting of the Venezuelan state oil company, Venezuelan Petroleum, Inc. ( Petróleos de Venezuela, S. A .-- PDVSA ), Cambria Oil, and Texaco expressed interest in the construction of a refinery at Puerto Castilla in 1993, with production aimed at the local market.
Oil production started from the Argyll field ( now Ardmore ) in June 1975, followed by Forties in November of that year.
Hanover was an important road junction, railhead and production centre that was a target for strategic bombing during World War II, including the Oil Campaign.
Oil production in the mid-1860s brought the high-water mark of the Society's prosperity.
Oil production had reached a level of 560, 000 m³ ( 3. 5 million barrels ) per day, and oil revenues were 21 billion in 1979 and 27 G $ in 1980.
Gulf Oil and Texaco, now part of Chevron Corporation, were formed to develop production at Spindletop.
On November 14, 1925, the Yount-Lee Oil Company brought in its McFaddin No. 2 at a depth of about, sparking a second boom, which culminated in the field's peak production year of 1927, during which 21 millions barrels ( 3. 3 GL ) were produced.
* Oil production: 0 barrels / day ( 2001 estimate )
Oil production rose rapidly to in 2004, but output is believed to have peaked and is expected to decline gradually.
Oil production figures from International Energy Agency | IEA in millions of barrels per day
A 2004 report by the United States Department of Energy stated that both the Shell technology and technology used in the Stuart Oil Shale Project could be competitive at prices above $ 25 per barrel, and that the Viru Keemia Grupp expected full-scale production to be economical at prices above $ 18 per barrel ($ 130 / m < sup > 3 </ sup >).
* " This Oven Makes Oil Out Of Rocks ", February 1949, Popular Science primer article with illustrations on basic of the oil shale production process
Years of production left in the ground with the most optimistic proved reserve estimates ( Oil & Gas Journal, World Oil )
* Oil or gas well completion, the process of making a well ready for production.

Oil and Los
This increased again with the discovery of the Wilmington Oil Field in 1932, and the development of the Port of Los Angeles as a means of shipping crude oil overseas.
Dean Ormsby Torrence ( born Los Angeles, California March 10, 1940 ), is the son of Natalie Ormsby Torrence ( born April 10, 1911 in California ; died August 10, 2008 in Los Angeles, California ) and Maurice Dean Torrence ( born December 5, 1907 in South Dakota ; died November 16, 1997 in Los Angeles, California ), a graduate of Stanford University, who was a sales manager at the Wilshire Oil Company.
* Harold Harby, Los Angeles City Council member, 1939 – 42, 1943 – 57, worked for Richfield Oil
Union Oil moved its headquarters to Los Angeles, in 1901.
: Oil magnate and father to Fallon Colby, who frequently migrates from Dynasty to Los Angeles for business meetings with Jason Colby and later, for Jeff and Fallon's wedding.
Its history began with the founding of the San Francisco Stock and Bond Exchange in 1882 and the Los Angeles Oil Exchange in 1889.
During the period from 1936 to 1950, National City Lines and Pacific City Lines — with investment from GM, Firestone Tire, Standard Oil of California, Phillips Petroleum, Mack Trucks, and the Federal Engineering Corporation — bought over 100 electric surface-traction systems in 45 cities including Baltimore, Newark, Los Angeles, New York City, Oakland and San Diego and converted them into bus operation.
Union Oil ( for many years based in El Segundo, California, near Los Angeles ) first introduced " 76 " gasoline in 1932.
Union Oil was a longtime sponsor of the Dodgers baseball team beginning with their relocation to Los Angeles from Brooklyn in 1958, and the sponsorship by the 76 brand continues to this day.
Of California fields outside of the San Joaquin Valley, only the Wilmington Oil Field in Los Angeles County has untapped reserves greater than, while six fields in the San Joaquin Valley ( Midway-Sunset, Kern River, South Belridge, Elk Hills, Cymric, and Lost Hills ) each have reserves exceeeding of oil.
Most of the numerous fields in the basin have either been abandoned or greatly scaled back in production since the early part of the 20th century ; in the 1890s the oil field directly north of downtown Los Angeles, the Los Angeles City Oil Field, led the state of California in oil production.

Oil and Basin
Oil and gas are extracted in the Cooper Basin around Moomba.
Oil in the San Joaquin Basin was first discovered at the Coalinga field in 1890.
Significant discoveries of petroleum and natural gas, an extension of the West Siberian Oil Basin, have been made but have not yet been developed.
The olive ( or, Olea europaea, meaning " Oil from / of Europe ") is a species of small tree in the family Oleaceae, native to the coastal areas of the eastern Mediterranean Basin ( the adjoining coastal areas of southeastern Europe, western Asia and northern Africa ) as well as northern Iraq, and northern Iran at the south end of the Caspian Sea.
Oil was discovered in the county in 1940 Terry County lies in the oil-rich north Permian Basin, and the discovery of oil quickly led to production.
* 1923 Oil is discovered at the Big Lake Oilfield in the Permian Basin.
It is the home of the Illinois Oil Field Museum and Resource Center at Oblong, Illinois, a collection of early oilfield artifacts from the early days of the oil industry in the Illinois Basin and a resource center featuring a collection of early oil field records and resource books.
Midland was forever changed by the discovery of oil in the Permian Basin in 1923 when the Santa Rita No. 1 well began producing in Reagan County, followed shortly by the Yates Oil Field in Iraan, Texas.
The Permian Basin gives its name to a large oil and natural gas producing area, part of the Mid-Continent Oil Producing Area.
Located on the Southwestern European margin ( offshore Portugal ) is another abandoned rift, the Lusitanian Basin, that evolved at the same time as the Canadian Grand Banks region, where the Hibernia Oil Field is located.
Oil well in the Uinta Basin, Utah.
Location of the Wilmington Oil Field within the Los Angeles Basin.
After working as a chaplain in Elk Basin, Wyoming, at a Rockefeller oil camp, Lynd wrote the article " Done in Oil " as an expose of the conditions there.
Oil produced from the Cossack, Wanaea, Lambert and Hermes fields in the Carnarvon Basin is processed offshore on the Cossack Pioneer FPSO which currently produces approximately of oil.
Oil and natural gas fields are located offshore at Mumbai High, Krishna Godavari Basin and the Cauvery Delta, and onshore mainly in the states of Assam, Gujarat and Rajasthan.
Oil and gas have been produced from the Denver Basin since the discovery in 1901 of oil in fractured Pierre Shale at the McKenzie Well, part of the Boulder oil field in Boulder County.
* 2002 USGS Assessment of Oil and Gas Resource Potential of the Denver Basin Petroleum Province of Colorado, Kansas, Nebraska, South Dakota, and Wyoming
It is part of the larger Permian Basin, itself part of the Mid-Continent Oil Field.

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