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In 1883, Ohio ranked fifth among oil-producing states, behind Pennsylvania, West Virginia, New York, and California; its total production of 47,000 barrels of oil that year was less than one percent of the nation's oil output. But Ohio production climbed rapidly, and in 1895 Ohio became America's leading oil-producing state.
The first discovery of oil from a drilled well and first offshore oil rig placed in world history occurred in Ohio in 1814 in Noble County, and 1891 at Grand Lake St. Marys. [11] Ohio was the country's lead producer of oil between 1895 and 1903, until technology allowed further developments throughout the nation. [12]
The Standard Oil Company (Ohio) was an American petroleum company that existed from 1870 to 1987. The company, known commonly as Sohio , was founded by John D. Rockefeller . [ 4 ] [ 2 ] It was established as one of the separate entities created after the 1911 breakup.
Oil production in a region of Ohio better known for natural gas is surging, making the state one of the nation's largest oil producers. Ohio hits gusher as oil production surges to new highs Skip ...
In 1930, Ohio Oil acquired the Transcontinental Oil Company, which operated the "Marathon" brand of retail gasoline stations. Ohio Oil continued to use the Marathon brand, and in 1962, Ohio changed its name to the Marathon Oil Company. In January 1982, Marathon was acquired by U.S. Steel. After the acquisition, the USX Corporation was created ...
New data from the Ohio Department of Natural Resources shows that oil and gas production in the state has more than doubled as of the third quarter of 2013. The Utica Shale pumped out 1.3 million ...
Rob Brundrett is president of the Ohio Oil and Gas Association, whose mission is to protect, promote, foster and advance the common interest of those engaged in all aspects of the Ohio crude oil ...
The lack of pressure caused by the removal of the gas led to a complete stoppage of oil production, even though an estimated 900 million barrels (140,000,000 m 3) of oil remained in the field. [3] Beginning in the late 20th century, oil production resumed at a slow pace after advances in artificial lift technology.