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Faulting from the thrust belts are found throughout the field, and are known to trap oil. However, most of the oil can be found in the Miocene sandstones that are sealed by the Miocene mudstones and Guyana Shield. [9] The source rocks, the Querecual and San Antonio formations, were formed in the Upper Cretaceous, and were organically rich ...
In 1913, while drilling for artesian water, Kurz discovered oil and an economic boom followed. The Somerset oilfield extended from Somerset to below Pleasanton and was the largest known shallow field in the world at that time. Two oil refineries in the field and a pipeline into San Antonio handled the high-gravity crude.
Tesoro's corporate headquarters, completed in 2009, at San Antonio, Texas. Tesoro was founded in 1968 [6] by Dr. Robert Van Osdell West Jr (1921–2006), [7] and was primarily engaged in petroleum exploration and production. Tesoro began operating its first refinery, near Kenai, Alaska, in 1969. Tesoro became the first Fortune 500 company to be ...
Significant discoveries included the Embrar oil field (1942), the TXL oil field (1944), the Dollarhide oil field (1945), and the Block 31 oil field (1945). [ 35 ] : 200–201, 230–231 [ 36 ] In 1966, the production of the Permian Basin measured 600 million barrels of oil, along with 2.3 trillion cubic ft of gas, which totaled $2 billion.
NuStar owns 8,700 miles of pipeline and 79 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids. [ 2 ] The partnership's combined system has approximately 93 million barrels of storage capacity, and NuStar has operations in the United States, Canada, Mexico, the Netherlands, including Sint ...
The first commercially successful oil well drilled in the area was the Norman No. 1 near Neodesha, Kansas, on November 28, 1892. [1] The successes that followed of the Nellie Johnstone No. 1 at Bartlesville, Oklahoma in 1897, Spindletop at Beaumont, Texas in 1901, and Oklahoma's Ida Glenn No. 1 at the Glenn Pool Oil Reserve in 1905, demonstrated the existence of a large oil field in the ...
Southwest Research Institute (SwRI), headquartered in San Antonio, Texas, is an independent and nonprofit applied research and development (R&D) organization. Founded in 1947 by oil businessman Tom Slick, [1] it provides contract research and development services to government and industrial clients.
After long deliberations including the offer of $227 million in subsidies, a 2,000-acre (8.1 km 2) site on the far south side of San Antonio was selected as the location for the new 2,000,000-square-foot (190,000 m 2) assembly plant. [3] [4] Toyota broke ground at the new plant site on 17 October 2003. [5]