The first oil well in Alaska was drilled by the Union Oil Company in 1957 at Swanson River on the Kenai Peninsula. This discovery marked the beginning of Alaska's oil industry.

As I think was on the rig at the time, I might have the answer, providing of course that someone may know of an earlier occasion. I was on Western Offshore No.2 in the summer of 1969 , several hundred miles east of Churchill.

Atlantic Richfield and Elf Aquitane ( French company ) were the explorers , Western Offshore the Drillers, Comex the diving company and Geoservices Canada the support Geologists and Technicians . Dresser Macobar were the drillling fluids company. It was an experience to say the least.

Alaskans first began receiving oil royalties in 1982, following the passage of the Alaskan Oil Pipeline Act. This legislation allowed for the distribution of a portion of oil revenues to the residents of Alaska in the form of annual dividends.

The Hibernia oil field was developed to extract oil reserves located beneath the seabed of the North Atlantic Ocean off the coast of Newfoundland, Canada. The discovery of significant oil reserves in the area made it economically viable to establish the oil field for extraction.

An oil well is usually drilled into underground rock formations, specifically into geological structures that contain oil reserves. These formations are typically sedimentary rocks, such as sandstone or limestone, which have trapped and preserved oil over millions of years. The drilling process allows for the extraction of crude oil from these reservoirs.

Type your answer here... Most of the Frac supervisors that i know make over 100k a year and some make 200k a year depending on bonuses and overtime. These employers are Halliburton,baker hughes,weatherford,etc.

Oil workers have many jobs. it just depends on what position your in

John D. Rockefeller.

Apex :)

$100.00 per foot

That estimate seems extremely high, but I'm sure that the actual costs will depend greatly on the local market situation and geology. Here in northern Maine, my well was around $9000.00 complete. This is a 275 ft. deep well drilled primarily in rock with bedrock being struck at approximately 35ft depth. It is a 6" diameter well that tests to approximately 20GPM. Included in this price was the complete drilling and installation, deep well pump, 75ft of run to the house, electrical hookup, pressure tank, and initial and follow up comprehensive water testing.

I am not a mathematician, but $9000 divided by the depth, 275 ft, equals approx $33 per foot, not $100. That includes the cost of the pump, pressure tank, piping to house, wiring to and from house, all labor, and well test/water test. So the per foot cost of drilling is probably closer to $20.

Tropicana Field (St. Petersburg, FL) broke ground on November 22, 1986 and was officially opened on March 3, 1990. It is the only stadium in history to host full seasons of pro baseball, football, hockey and arena football. And is the only current MLB domed stadium that's not retractable.

Oklahoma

Unrisked reserves are those which have already been developed by drilling and production and thus have a very reasonable certainty of being produced. Risked reserves are either probable or possible reserves depending upon the amount of uncertainty involved and basically represent poorly developed or undeveloped oil & gas fields.

For the US, the average is somewhere between 15 barrels a day and 30 barrels a day, but some are producing much more.

One is called an oil drill.