Oil has been a significant part in the history of Wyoming economy. During the 1900s, the Salt Creek oil field located in the north-central Wyoming was one of the largest oil producers of the state. The Standard Oil refinery, in Casper, was established in 1922, and was once the world's biggest gasoline refinery. The scandal of Teapot Dome Petroleum Reserve for navy rose in the 1920s. In the 1970s, oil was discovered at several other places in Wyoming. By the 20th century, but production of oil went downhill (Robert, 2003, 563-566). The technology of the oil drilling procedures also advanced during the course of time.
Discussion
History of oil mining in Wyoming
Oil mining in Wyoming in the 18th century
Capt. B. L. E. Bonneville claimed the presence of oil springs near Dallas Dome, where the first oil well was drilled in 1885. In 1842, Fort Bridger was founded, and there was an oil field near Hilliard. The first oil sale in Wyoming took place in 1863 along the Oregon Trail when some pioneers sold the oil to the travelers of wagon train (www.uwacadweb.uwyo.edu). This oil, sold as lubricant, originated from Oil Mountain Springs, located in the west of Casper, WY.
In 1859, Colonel Edwin drake discovered oil at Titusville, PN, which led the oil to rush to western PN. In 1866, an employee of Fort Bridger sutler William A. Carter, John C. Fiere told his supervisor about his discovery of oil in the vicinity of Fort Bridger. John had worked in the oil fields of Pennsylvania and proposed to establish an oil field at a commercial level. Some years later, the spring generated around 150 barrels of oil, which was sold to the Union Pacific Railroad. Judge C. M. White burrowed a hole in the vicinity of the oil spring, from where Carter's employees were extracting oil from water. In 1867, White's employees took out oil from the holes dug by hands. He sold adequate oil to the tanners of Salt Lake City and to the transcontinental railroad (www.uwacadweb.uwyo.edu).
John D. Rockefeller, a merchant of Cleveland formed Standard Oil Company and sold kerosene, a petroleum by-product. Kerosene oil, better than whale oil was a source of lighting to candles. Rockefeller made good sales and acquired monopoly over oil in the Northeast and formed the Standard Oil Trust.
Mike Murphy, found oil at a distance of 300 feet in the Chungwater formation and established first oil well at Dallas Dome in west, in 1883. He also sold his oil to union pacific and tanners of Utah. Kerosene's market was still high, since the generation of electricity was not applicable in Wyoming.
Many people started business after Murphy's success of oil well. A gold analyzer, Cy Iba, began to drill for oil near Casper. He successfully found “Discovery Well” in north of Casper. In 1890s, many imminent oil discoveries were made in northern areas of Natrona County. This attracted the investment in the hunt of oil ...