Quiz answers (again, unedited, with typos possibly added by me ;) for quiz of 22 September
A.
E. DeGolyer studied geology on a whim in college and ended up
becoming one of the most recognizable names in oil discovery
history. His early discoveries came in parts of Texas and the
made his grandest discovery in Mexico when finding the Portero de Llano
4 oil reserve. He pioneered the use of geophysics in oil
discovery and can be credited with the first use of a seismography in
finding oil wells. He traveled to Saudi Arabia for the US
government and gave an estimation of 30 billion barrels in potential
oil in these reserves in 1943, although he also believed there was most
likely much more. He founded the Amerada Petroleum Corporation
and opened his consulting firm along with MacNaughton to meet the needs
of the growing industry. He was the most highly regarded
geophysist and consultant in this field. Betewen the private
sector and the US government he was incredibly sought after and even
after he left work was receiving nearly $2 million a year from his
holdings.
D.S.
B. Everette DeGolyer is important for a few
reasons. His discovery of the largest oil reserve in Mexico
signalled that country's oil rise and his reputation. More
significantly his geological expedition to Saudi Arabia and the
rest of the mid-east on behalf of the U.S. government helped cement
U.S. interest in mid-east oil. Sent in 1943, he reported back
that the reserves in the mid-east were in excess of 25 billion barrels
and Saudi Arabia controlled 1/5 of that. His private estimate was
300 billion barrels with the Saudis controlling a third. His
geological results fueled American government and private industry's
attention to the mid-east and helped bring that area into what it is
today.
G.H.