But there is one point which must not be overlooked in this connection, and that is the fact that, while thus far very few thoroughly developed oil-fields have shown signs of permanent decay, there are numerous others which, while having already furnished conclusive proof of their productivity, have, for the most part, been but slightly developed. Each passing year registers the incoming of fresh oil-producing areas, while numerous regions in practically every part of the world, giving much promise of the success of ultimate oil developments, are as yet virgin territory.
The cry of possible shortage of supply was, fortunately, made at the opportune moment: it was a word of warning, and was taken to heart especially by those associated with the development of the older producing oil-fields. In these fields—whether we look to America or Russia—there has always been considerable waste of crude oil, mostly in regard to furnishing power for oil-field operations, while the natural gases which exude from the wells themselves, and to which reference is made in another chapter, have, in times past, been allowed to pass uncontrolled into the atmosphere. To-day, however, we see conservation in every direction—thanks to the application of scientific and engineering knowledge, combined with the exercise of care—and there is no doubt that this new factor will tend in a greater degree than may at first be imagined toward the preservation of Nature’s stores of crude oil for unlimited time.
With these few general remarks, let us proceed to briefly survey the principal oil-fields of the world, leaving those which are in the process of development or exploitation to later consideration.
The United States.—In no other country has such continuous progress been recorded in connection with the production of petroleum as in the case of the United States. Quite recently, the U.S. Geological Survey estimated that there are no less than 9,000 square miles of oil-bearing territory in the States, yet the petroleum industry was not commercially established until the early sixties of the last century. It was in Pennsylvania that the industry had its birth, and the troubles which beset Drake, the pioneer, have filled many pages of early oil literature. His first well, which produced quite a modest yield of crude oil, was at Titusville, Pa., which spot soon became a thriving town. And as Pennsylvania was the scene of the early successes, it also became the pivot round which the petroleum industry of the States prospered for many years. Until 1885, the Pennsylvanian fields furnished over 98 per cent. of the production of crude oil: then a gradual decline set in, until, at the present time, Pennsylvanian regions do not produce 10 per cent. of the oil output of the United States. No sooner had the petroleum industry been firmly established in Pennsylvania than an active search was made for the precious fluid in various parts of the States, and one by one new oil regions were opened up, but it is interesting to recall the fact that, even in the first developed oil-producing region, no district has been entirely abandoned as exhausted of oil, for to-day wells are being pumped quite close to Drake’s first well and the scene of the birth of the American petroleum industry. In the zenith of its prosperity, the Pennsylvanian field produced nearly 5,000,000 tons of crude oil per annum, but to-day the output has fallen off nearly 40 per cent.
When it is mentioned that the output of crude petroleum from the various fields of the United States last year was over 40,000,000 tons, the magnitude of America’s oil industry will at once be apparent. The regions known as the Mid-Continent fields—and which embrace the extensive oil-producing regions of Kansas and Oklahoma—are responsible for a very large portion of this output. Each field has its various “pools,” the most famous of this part, perhaps, being the Cushing pool, which came into prominence but a few years ago. Toward the end of 1914, it was estimated that the daily output of Cushing was 35,000 tons of crude oil. Cushing, like all other prolific oil districts, has many interesting stories associated with its rapid rise as an oil-producing centre, and there are instances on record where, in the course of a few days, land values have increased tenfold.
The rise of the Californian fields, too, is an example of the rapidity with which oil regions can be developed. California’s output in 1919 was, roughly, 120,000,000 barrels of crude oil, or over 14,000,000 tons. It possesses nearly 900 square miles of oil-lands, and though at one time a great difficulty was experienced in disposing of the crude oil production, since it was of a somewhat low grade, the position has now been reversed, and the consumption of petroleum products is greater than the supply. With the improvement of the methods of drilling, and the debut of the rotary system, it has been possible not only to drill to much greater depths, but to considerably reduce the time requisite for drilling a well to the oil sands. Californian records for quick drilling with the rotary machine show that wells have been got down to the producing sands, in some fields nearly 4,000 feet below the surface, within one month. This deep drilling policy, which is now much in vogue among Californian oil operators, has proved the existence at the greater depth of larger volume of oil of far better quality than that met with in the shallow strata, and it is to the discovery and consequent development of the deeper oil horizons that much of California’s recent advance is due.
Though but of small significance, the oil-wells in Summerland, Cal., call for mention for the reason that these are drilled in the sea at quite a distance from the coast. The encroachment of sea-water to the wells themselves is prevented by the continuance of the tubes in the wells to a height above the level of high-water mark, the produced oil being piped to the mainland.
There is no doubt that a wonderful future awaits California in regard to its oil export trade. The Far East is largely drawing upon the State for crude oil for treatment in the Far Eastern refineries: the oil-burning vessels of the Pacific rely upon Californian fuel oil for their supplies, while the opening of the Panama Canal, and the establishment of oil storage depots there, has brought California within easy transport distance of the European markets. During the past few years several cargoes of Californian refined oil have, in fact, come upon the English market.
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.