John D. Rockefeller

John D. Rockefeller was the wealthiest American to ever live, and possibly the wealthiest man in history.

At the time of his death, his estimated net worth was $340 billion dollars (adjusted for today’s worth). That is four times more than Bill Gates’ current fortune.

John D. Rockefeller
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He was born July 8, 1839, in Richford, New York in a family of modest means. His father, William Avery “Bill” Rockefeller, owned a small farm and was a salesman of somewhat ill-repute who fathered eight children between his wife and mistress. Bill would leave the family intermittenly and taught his sons that they must get the best of any deal they made with anyone. John’s mother, Eliza Davison, did the best she could to keep a stable and strict home for her children. She taught John to not be wasteful and to be giving. [1]

The family moved to Cleveland, Ohio in 1853 where John did well in mathematics and graduated from Cleveland Central High School. He was hard-working and industrious and landed his first job when he was 16 years old as a bookkeeper. A few years later, John partnered with another man in a commission merchant venture, dealing in various goods such as meat and feedstock. They were highly successful and John had made a small fortune in just the first year. [2]

In 1859, oil was discovered in Titusville, Pennsylvania and by the 1860s the oil boom began. John quickly decided that this was where his capital and efforts ought to be, so he opened an oil refinery near Cleveland in 1863. In a matter of a few years, it was the biggest in the area. [2]

The Standard Oil Company was founded by John in 1870.

John was aggressive and quick with his business moves and acquisitions. He bought out nearly everyone in the Cleveland area and sought to control every aspect of the oil business in-house. By the early 1880s, Standard Oil was a true monopoly. It controlled 90% of the oil in the United States and each sector of the oil business was consolidated under its’ name. [2]

Standard Oil
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The U.S. government and the public took notice of Standard Oil’s monolithic takeover and passed the Sherman Antitrust Act of 1890. The State of Ohio followed suit and decided Standard Oil violated the law. John saw the writing on the wall and broke apart the company into smaller pieces and relegated their leadership to others. However, this did not effectively change anything except keep the government at bay. [2]

Nine years later, John decided to bring the company together again in a holding company but a 1911 decision by the U.S. Supreme Court citing the Sherman Antitrust Act, forced the company to again break apart. This only made John D. Rockefeller wealthier as the 34 entities that resulted from the dissolution would become more valuable separately than as a whole. [3] A remarkable commercial legacy would follow. Some of the companies that came from Standard Oil: Esso, ExxonMobil, Imperial Oil, Socony,
Chevron, Amoco, ARCO, and Marathon. [4]

In his later years, John D. Rockefeller established a philanthropic legacy that is felt today.

During his life he gave $500 million dollars to various causes both educational and scientific. The University of Chicago and Spelman College sprung directly from his pockets. Most famously perhaps was the formation of the Rockefeller Foundation which strives to “promote the well-being of humanity throughout the world”. [3]

[1] https://en.wikipedia.org/wiki/John_D._Rockefeller

[2] https://www.biography.com/people/john-d-rockefeller-20710159

[3] http://www.history.com/news/10-things-you-may-not-know-about-john-d-rockefeller

[4] https://en.wikipedia.org/wiki/Standard_Oil#Successor_companies

Eagle Oil & Gas Co.

The Eagle Oil & Gas Company has been in existence since the 1930s.

Eagle Oil & Gas
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Eagle was founded by the Bolin family more than 80 years ago.

To this day, 75% of the company is still owned and controlled by members of the Bolin family. According to their website, the company was a pioneer in horizontal drilling and claims to be the second operation to drill horizontally in the Barnett Shale, a famously abundant natural gas area in Texas.

Based in Dallas, Texas, Eagle has ongoing projects in many States, including Montana, Wyoming, New Mexico, Texas, Oklahoma, Louisiana, Arkansas, Mississippi, Ohio, Michigan, and Colorado. For more information on this established company, visit Eagle Oil & Gas Co.

Pacific Drilling

Pacific Drilling Oil Drilling Company

Pacific Drilling
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Pacific Drilling specialize in ultra deep sea oil drilling operations, and over the last 5 years they have grown to a steady 1000 employee oil drilling company! They currently have 6 ships in there oil drilling fleet, but have another 2 ordered. They are striving to become the preferred ultra deep water oil drilling company. One of their ships, the Pacific Bora recently upgraded by request of its customers, and started working in august 2011 in Nigeria for Chevron.

About Pacific Drilling

Noble Corp

Noble Corporation

oil drilling companies

formerly known as Noble Drilling, is a 96 year old Oil drilling company! As their website states, not many companies can claim that milestone. To try and give a scale on the amount of money this company makes, i will give you a figure. $177m. Not per year, but that is there earnings from the second quarter of 2013. Pretty good. In may 2013, Statoil awarded Noble Corp a contract worth 655 million US dollars. The contract length is 4 years and will Noble Corporation will commence operations in 2016.

About Noble Corp.

Unit Drilling

Unit Drilling is a drilling company owned by Unit Corporation. Unit Drilling had a very modest beginning, founding in 1963 with just three oil rigs! As of 2014, they have over 120 operational onshore drilling rigs.

Unit Drilling
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Unit Drilling Company Jobs

Unit Drilling are extremely popular in oil drilling job seeker communities, as they seem to be constantly hiring. The company is very prosperous, so you can easily start a lifelong career with Unit Drilling. Because the jobs at Unit Drilling are highly sought after, you will be expected to be up to the job. If there are positions available, or when they come up, Unit Drilling will contact you for an interview if you have filled in the application form correctly. If you pass the interview, then you will have to undertake a drugs test, and also a physical examination.

Facts About Unit Drilling

Sometimes when you are applying for a job, and you get an interview, the interviewer will sometimes ask some obscure questions about the company. Knowing factoids about Unit Drilling may help you if you get an interview.

 

Where Most Of Unit Drilling Rigs Are Operating.

  • 32 in the Mid Continent Division
  • 31 in the Rocky Mountain Division
  • 27 in the Panhandle Division
  • 16 in the Woodward Division
  • 12 in the Gulf Coast Division

 

 

About Unit Drilling

The Truth About Oil and Gas Exploration Companies

The channels and internet are filled with news about oil and gas exploration companies trying to improve the energy usage and progress in finding new places for drilling. You might have also noticed that the stock price of these companies seems to be on an increasing trend. Are these companies very important to society? What actually do they do for energy usage improvements?

Definition of These Companies

Technically, oil and gas exploration companies employ geophysicists and geologists who can predict and prove the presence of hydrocarbon deposition, below the earth’s surface. These companies will employ heavy machinery to drill the soil, to reach the deposit to get products like natural gas and oil.

Before a company starts to drill a seabed or a location, it uses sophisticated methods to know about the shape, size and consistency of the oil source beneath the surface. This is because of the fact that the company has to spend a lot of time, money and resources to reach an oil well.

Plans and Goals of These Companies

Basically, the companies in this field aim at finding, developing and operating oil fields to extract natural gas and crude oil, for various purposes. There are many companies around the world working in this industry. The demand for this industry is due to the increase in utilization of fuel from cars to big commercial industries.

The goals of these companies are to increase the productivity and decrease the waste and loss in the existing wells and fields and also to ensure success in finding new oil sources. Large oil and gas exploration companies aim to collaborate with small companies that find new fields and wells by providing expensive machinery for the drilling process. The main goal of these companies is to find an oil field that would provide fuel, for a long period of time.

Plans to Improve Today’s Energy Uses

For the past century and longer, oil and gas exploration companies have drilled more than 2 million oil wells in the hope of solving the world’s energy crises. With the increase in population, people are looking for a continuous supply of fuel from both traditional sources and the new alternative energy sources.

There are many oil and gas exploration companies that have taken their steps towards generating green fuels. With the technology and experience gained in drilling oil fields, the companies need to take only a few more steps to provide biofuels. Many companies have shifted their market towards ethanol, as an alternative fuel.

The companies have taken up many methodologies and new techniques to increase the amount of oil that can be extracted from an oil field. The most commonly used technique is using high effective turbines and variable speeds.

With fuel becoming the basis of living, the requirement of effective companiesis increasing. These companies are expected to find more oil sources to provide the world with unlimited fuel supply. However, practically, the source is limited and it is in our hands to make it last longer. 

13 Tips To Getting An Oil Drilling Job In Dubai

For a very long time, Dubai oil jobs have been an attraction to many youngsters. Oil jobs include directional drillers, fabrication supervisors, geotechnical engineers, engine assembly technicians, estimators, fore-engineers and many others. Now, to the core question: how to get an oil job in Dubai?

Prepare For The Job Hunt

Prepare your CV to match to the job you are planning to join. If any additional course or certification would give a distinctive edge for your CV, do not think twice to take up that course. Remember that there are many other people who are wondering how to get an oil job in Dubai? Thus, it is up to your CV, to project you differently.

Look For Channels

Start your networking by contacting companies and recruitment agencies. Make sure that you choose the right agencies. Surf the internet to know the basic proof and documents, an agent must have to prove that he is legitimate. Apply in job portals that focus only on Dubai or oil jobs or other related niche job sites.

Your Interview Strategy

The question, how to get an oil job in Dubai, does not end in getting an interview call. Most of the companies prefer voice or video call. Make sure to crack the interview so that you would end up in your dream job.

  1. Be ready with a pen or pencil, paper and a calculator.
  2. Write down about the company and about you like, answers to ‘tell me about yourself/ company’, ‘why do you want to join our company?’ and ‘why should we choose you’.
  3. Prepare your list of questions to ask the interviewer
  4. Smile politely, while communicating
  5. Do not chew gum, eat, drink or smoke while talking to the interviewer.
  6. Have a firm voice and avoid non-lexical words like hmm, err and ah.
  7. Do not let the interviewer repeat any question or sentence.
  8. Do not answer any question in one word like, yes or no.
  9. Your facial expression cannot be seen by him so even a few seconds of silence is a big dead gap.
  10. Do not interrupt while the interviewer is talking.
  11. While undergoing video interview, make sure you are dressed properly and the background of your room seen in the monitor looks decent enough.
  12. While ending a telephone or video interview call, explain your affirmation in taking up the job and your interest in the company and the job profile. Finally, thank him for spending his time to listening to him.
  13. Reconfirm his name and get a contact number for future references.

How To Get A Job in Dubai?

This question is in the minds of thousands of people. Given the compensation, the living style and the job, the Dubai oil jobs are highly competitive. Know which category of oil job you are interested in and move towards it. Whenever the opportunity strikes, make sure to use it properly. If you miss out, do not worry. There are thousands of people worrying how to get an oil job in Dubai and many companies in Dubai are looking for candidates.

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