FINDING BLACK GOLD
The importance of oil in the world economy has given oil the status
of "black gold." The oil and gas industries produce 60 percent
of the world's energy sources. So it follows, that finding oil is
important. You just donít dig a hole and oil will flow. Understanding
the geology of an area will help drill for oil more successful, but does
not guarantee an oil find.
Oil and gas refinery
The steps in finding oil are similar throughout the world. We will
take a look at one of the classic oil booms in the United States as a
model of how many other countries find oil.
Texas, the second largest state in the United States, has long been
known as the heart of the oil industry. Even today, corporate buildings
in Houston are almost a shrine to the wealth and prosperity of oil in
todayís society. But how did it begin?