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Refining processes and routing in refinery for Pennsylvania crude petroleum, 1921. (Source: Marshall, 1921) Pennsylvania Grade Crude Oil is a type of sweet crude oil (sweet crude oil), found primarily in the Appalachian basin in the Marcellus Formation in the states of New York, Pennsylvania, Ohio, and West Virginia, and takes its name for the state of Pennsylvania, where it was first ...
The rush to Pennsylvania created violent swings in the petroleum market for the first decade of the oil boom. In 1861, the proliferation of wells across the Oil Creek Valley pushed the price of oil down from $10 a barrel to 10 cents a barrel. In response, producers in the region formed the Oil Creek Association to restrict output and maintain a ...
Ranger Oil Corporation (formerly Penn Virginia Corporation) is an independent oil and gas company engaged in the exploration, development and production of oil, NGLs and natural gas in various domestic onshore regions of the United States, with a primary focus in the Eagle Ford Shale in South Texas. Penn Virginia recently relocated its ...
Area code (s) 582; 814. FIPS code. 42-56456. Website. www.oilcity.org. Oil City is the largest city in Venango County, Pennsylvania, United States. Known for its prominence in the initial exploration and development of the petroleum industry, it is located at a bend in the Allegheny River at the mouth of Oil Creek.
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Website. pplweb .com. PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE : PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in ...
The South Penn Oil Company was founded in 1889 by Standard Oil, and eventually became the largest oil producer in the region after the breakup. [38] While Pennzoil was used as a trade name by other firms, by 1950, South Penn had acquired all of them and subsequently renamed itself to Pennzoil.
Obsidian Energy. Obsidian Energy Ltd. (previously known as Penn West Exploration Ltd., Penn West Petroleum and Penn West Energy Trust) is a mid-sized Canadian oil and natural gas production company based in Calgary, Alberta . For a while [when?][specify] it was one of the S&P/TSX 60, the sixty largest companies on the Toronto Stock Exchange.
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