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The Oil Fields and Santa Fe Railway ("Oil Fields") was an Atchison, Topeka and Santa Fe Railway ("AT&SF") subsidiary. It owned trackage in and about the Cushing-Drumright Oil Field in Oklahoma, and was leased to and operated by the AT&SF from its inception in the 1915-1916 timeframe until its merger into the AT&SF in 1941. All of its tracks ...
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 ...
XTO Energy was founded in 1986, and was initially called Cross Timbers Oil Company. [11] The company was started by Bob R. Simpson, Steve Palko and Jon Brumley with US$35 million raised by former Goldman Sachs co-chairman Robert Rubin. [7] Initially, the company purchased and developed long-lived oil and gas production properties. [12]
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The thin red circular contour line in the middle of the map indicates the top of the oil reservoir. Because gas floats above oil, the thin red contour line marks the gas/oil contact zone. Directional drilling would be used to target the gas and oil reservoir. Directional drilling (or slant drilling) is the practice of drilling non-vertical bores.
In 1926, a partnership consisting of Mid Kansas Oil Company (part of The Ohio Oil Company, the ancestor of Marathon Oil) and Transcontinental Oil, drilled an exploratory well, the Yates No. 1-A, on the Yates ranch into the San Andres formation approximately 1,000 feet (300 m) below ground surface, and hit a rich productive zone, producing a ...
The Oklahoma, Kansas and Texas Railroad was originally created on May 29, 1980, after the demise of the Chicago, Rock Island and Pacific Railroad on March 31, 1980. [1] A subsidiary of the Missouri-Kansas-Texas Railroad (MKT), it operated 767 miles (1,234 km) of the former Rock Island's Herington, Kansas, to Fort Worth, Texas, North-South line, as a cooperative venture with local shippers ...