Developing Technology: Humble Oil (Standard Oil) Offshore Rig 1950s

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Each new drilling project continued to redefine the boundaries and limitations of offshore drilling. In 1963 Shell Oil surprisingly shared its revolutionary deepwater drilling technology with its competitors in a now legendary “School of Industry.” Their effort to bring their competitors up to speed fueled demand for deepwater leases beyond 300 feet and ensured they would be awarded at auction. They also charged $100,000 each for the three-week training so it wasn’t charity. This distribution of Shell’s technology enabled the industry as a whole to move into deeper water. Courtesy of The Sloane Gallery – www.sloanegallery.com – 281-496-2212

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The Sloane Gallery contains images of Houston from the early 1900s thru the 1980s. The emphasis will be on black and white photography created during the building boom era of mid 1920 - 1936.  Located at 1570 South Dairy Ashford, Suite 113, Houston, TX 77077. Gallery Hours - Tuesday - Friday 12PM - 6PM and Saturday 12PM - 4PM.

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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