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Then and Now - October 2007

October 1957 How big are oil tankers getting these days? Bethlehem Steel is building a supertanker for Onassis Interests (Remember… Jackie’s second husband?) that will be larger in total tonnage than the entire 132-ship Spanish Armada. Studebaker-Packard reports plans to enter the economy car market by introducing the German-built “Gogomobile”, which will get 38 to 48 miles per gallon out of a 17 hp rear-mounted, two-stroke engine. (My riding mower has more hp than that!) Russia puts the first unmanned space satellite (Sputnik) into orbit. (How many of you baby boomers can remember where you were when that announcement was made?) The first successful oil producing well on the Alaskan Kenai Peninsula is completed by Richfield (Remember them…the “R” in ARCO?) East Texas crude oil - $3.25/bbl; U.S. active rig count – 2,488 October 1982 The U.S.S.R. reports a record …


SPE GCS Outstanding Section for 2007

Congratulations! For the ninth year in a row, the Gulf Coast Section was selected to receive the SPE President’s Award for Section Excellence. This prestigious award recognizes SPE sections whose efforts in member programs, technology dissemination, cooperation with other civic and professional organizations are exceptional and much more. The award will be presented at the President’s Luncheon that will be held at the Annual Technical Conference and Exhibition (ATCE) on Wednesday, 14 November


Then and Now - September 2007

September 1957 Washington becomes the 32nd oil-producing state with its first commercial oil producer, the Medina #1 in Grays Harbor County on the Pacific coastline. $ Prognosticators predict that one day in the 21st century, every major city in the U.S. will have a petroleum products pipeline system bringing petroleum products to its terminal from a main products artery or refining center. $ What’s the latest shiny gas-guzzler to appear in the new-car showrooms? The answer is the Edsel. OK…How