Word: oiling
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Dates: during 1930-1939
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...aspirations are slightly higher. It does not look like efficiency to have a man of my height [6 ft. 3½ in.] wielding a short-handled shovel." At home and abroad, young Mr. Rockefeller's business last week displayed these proofs of prosperity: ¶ U. S. oil production set a new all-time high with an average daily flow of 3,184,-650 bbl. ¶ Just short of one year ago Tide Water Associated Oil Co. "spudded in" a well in California's Ventura Avenue field six miles from the sea. It was named McGon...
...then to 12 3/8 in. At the 10,000-ft. mark it was down to 7! in. Meantime Texas Corp.'s Rigolette No. 5 in the Lafitte field in Louisiana was brought in last month at 10.244 ft., setting a new depth record for a producing oil well. At McGonigle No. 12 the bit, now down to 4! in., ground around & around until it was down to 10,569 ft., just nine feet over two miles. Then the oil flowed, bringing back to Tide Water the title it has held six times since 1921, when...
...Reflecting company estimates of a potential reserve of at least 100,000,-ooo bbl. in its new field, Barnsdall stock in six weeks was moved up from $20 to $34 per share. C In ancient Teheran, capital of Iran (Persia), word leaked out that Seaboard Oil Co. had acquired exploration and exploitation rights to 180,000 sq. mi. of Iranian territory...
Capping its spectacular catch in Afghanistan, where it got the oil rights to every foot of that Shah's territory (TIME, Jan. 11), the Iran deal, if finally confirmed, will be the reward of nearly three years' patient angling...
interests in the international oil pools of the Middle East...