Elk Hills Oil Field - Factbites

Elk Hills Oil Field - Factbites
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Topic: Elk Hills Oil Field

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	Famous Gushers of California
		at Elk Hills, a field known to most these days as the former U.S. Naval Petroleum Reserve No. 1.
		Elk Hills - The greatest gas well in the United States was the Standard
		Lucas placed his well on a low hill that he and Higgins thought might be a salt dome, and when the ground began to tremble on that fateful day in January and a great spout of oil exploded into the air, it confirmed their belief that oil accumulated around salt domes.
	www.sjgs.com /gushers.html (1341 words)

	Teapot Dome scandal - Wikipedia, the free encyclopedia
		Finally in 1927 the Supreme Court ruled that the oil leases had been corruptly obtained and invalidated the Elk Hills lease in February of that year and the Teapot lease in October of the same year.
		Teapot Dome is a reference to an oil field on public land in Wyoming, so named because of a rock resembling a teapot overlooking the field.
		The East Teapot Dome oil field is located at lat 43° 17' 19" N lon 106° 10' 22" W, elevation 5,280 ft., in the county of Natrona, Wyoming.
	en.wikipedia.org /wiki/Teapot_Dome (1344 words)

	Teapot Dome on Encyclopedia.com
		In 1922, Albert B. Fall, U.S. Secretary of the Interior, leased, without competitive bidding, the Teapot Dome fields to Harry F. Sinclair, an oil operator, and the field at Elk Hills, Calif., to Edward L. Doheny.
		In 1921, by executive order of the President, control of naval oil reserves at Teapot Dome, Wyo., and at Elk Hills, Calif., was transferred from the Navy Dept. to the Dept. of the Interior.
		The oil fields were restored to the U.S. government through a Supreme Court decision in 1927.
	www.encyclopedia.com /html/T/TeapotD1o.asp (570 words)

	Teapot Dome on Encyclopedia.com
		In 1922, Albert B. Fall, U.S. Secretary of the Interior, leased, without competitive bidding, the Teapot Dome fields to Harry F. Sinclair, an oil operator, and the field at Elk Hills, Calif., to Edward L. Doheny.
		In 1921, by executive order of the President, control of naval oil reserves at Teapot Dome, Wyo., and at Elk Hills, Calif., was transferred from the Navy Dept. to the Dept. of the Interior.
		Teapot Dome, part II: the rush for Alaskan oil.
	www.encyclopedia.com /html/T/TeapotD1o.asp (570 words)

	Original Sources
		In an eerie re-enactment of Teapot Dome, Al Gore, endorsed the sale of the OTHER Naval Oil Reserve, at Elk Hills which is located near Bakersfield, California.
		Oil companies bid on the field and, finally, on Oct. 6, 1997, the Energy Department announced that the government would sell its interest in the 47,000-acre Elk Hills reserve to Occidental Petroleum Corp. for $3.65 billion.
		What they wanted was his support to pressure Occidental Petroleum (Oxy) into stopping their project to drill for oil on land belonging to the U'Wa people.
	www.bannerofliberty.com /OS9-00MQC/9-26-2000.1.html (1313 words)

	Teapot Dome
		, U.S. Secretary of the Interior, leased, without competitive bidding, the Teapot Dome fields to Harry F. Sinclair, an oil operator, and the field at Elk Hills, Calif., to Edward L. Doheny.
		In 1921, by executive order of the President, control of naval oil reserves at Teapot Dome, Wyo., and at Elk Hills, Calif., was transferred from the Navy Dept. to the Dept. of the Interior.
		Teapot Dome, part II: the rush for Alaskan oil.
	www.infoplease.com /ce6/history/A0848032.html (369 words)

	Teapot Dome scandal - Wikipedia, the free encyclopedia
		Finally in 1927 the Supreme Court ruled that the oil leases had been corruptly obtained and invalidated the Elk Hills lease in February of that year and the Teapot lease in October of the same year.
		Teapot Dome is a reference to an oil field on public land in Wyoming, so named because of a rock resembling a teapot overlooking the field.
		The East Teapot Dome oil field is located at 43°17′19″N, 106°10′22″W, elevation 5,280 ft., in the county of Natrona, Wyoming.
	en.wikipedia.org /wiki/Teapot_Dome_scandal (1337 words)

	Environmental History: Tempest Over Teapot Dome: The Story of Albert B Fall
		Ironically, the oil reserves of Teapot Dome never yielded as much as expected, although the other oil lease area involved in the case (California's Elk Hills oil reserve) became one of the West's most important fields.
		"Teapot Dome" is both the name of an oil field in Wyoming and one of the greatest political scandals in twentieth-century U.S. history.
		The "teapot" in Teapot Dome refers to a local landmark-Teapot Rock-which crowned an area designated as a naval oil reserve in the early 192os.
	www.findarticles.com /p/articles/mi_qa3854/is_199907/ai_n8874704 (826 words)

	Occidental Petroleum Corporate Governance
		In February, Occidental completed its purchase of the U.S. government's 78 percent interest in the giant Elk Hills oil and gas field in California, and since the beginning of the year has concluded divestitures of nonstrategic operations in Louisiana, Mississippi, Oklahoma and Wyoming, as well as in the Dutch North Sea, Venezuela and Argentina.
		In the United States, Occidental has reduced by more than half its number of oil and gas fields from 233 to 112.
		Occidental's net oil production will increase immediately by approximately 15 percent, or 46,000 barrels per day, with 30,000 barrels per day coming from Colombia and 16,000 barrels per day coming from Yemen.
	www.irconnect.com /oxy/pages/news_releases.html?d=50 (826 words)

	Occidental Petroleum Acquires 1 Billion Barrel Elk Hills Field
		Occidental said that the Elk Hills acquisition will immediately increase its net domestic production by 46,000 barrels of oil per day and 93 million cubic feet (MMCF) of gas per day.
		Occidental was advised on the Elk Hills acquisition by Donaldson, Lufkin and Jenrette.
		Production from Elk Hills will provide a significant increase in our earnings and cash flow and greatly enhance the value of Occidental for our shareholders both in the near term and the long term.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/10-6-97/331111&EDATE= (486 words)

	Algore's Longstanding Ties with Occidental Petroleum [Free Republic]
		Oil companies bid on the field and, finally, on Oct. 6, 1997, the Energy Department announced that the government would sell its interest in the 47,000-acre Elk Hills reserve to Occidental Petroleum Corp. for $3.65 billion.
		Occidental was not a player in world crude-oil markets until Hammer bribed King Idris and some of his officials to gain a concession to the huge reserves there.
		Occidental had some interest in Russian oil; in the spring of 1994, Irani had traveled with the late Commerce Secretary Ronald Brown on a trade mission to Russia....
	www.freerepublic.com /forum/a39e8966b0af2.htm (486 words)

	AllRefer.com - Teapot Dome (U.S. History) - Encyclopedia
		In 1922, Albert B. Fall, U.S. Secretary of the Interior, leased, without competitive bidding, the Teapot Dome fields to Harry F. Sinclair, an oil operator, and the field at Elk Hills, Calif., to Edward L. Doheny.
		The oil fields were restored to the U.S. government through a Supreme Court decision in 1927.
		It was found that in 1921, Doheny had lent Fall $100,000, interest-free, and that upon Fall's retirement as Secretary of the Interior (Mar., 1923) Sinclair also "loaned" him a large amount of money.
	reference.allrefer.com /encyclopedia/T/TeapotDo.html (348 words)

	Occidental Petroleum Corporate Governance
		In February, Occidental completed its purchase of the U.S. government's 78 percent interest in the giant Elk Hills oil and gas field in California, and since the beginning of the year has concluded divestitures of nonstrategic operations in Louisiana, Mississippi, Oklahoma and Wyoming, as well as in the Dutch North Sea, Venezuela and Argentina.
		Occidental's net oil production will increase immediately by approximately 15 percent, or 46,000 barrels per day, with 30,000 barrels per day coming from Colombia and 16,000 barrels per day coming from Yemen.
		Occidental will receive Shell's 20 percent interest in the Masila Block in Yemen, increasing Occidental's direct interest in the Masila Block to 38 percent.
	www.irconnect.com /oxy/pages/news_releases.html?d=50 (665 words)

	How the Gores, Father and Son, Helped Their Patron Occidental Petroleum [Free Republic]
		Oil companies bid on the field and, finally, on Oct. 6, 1997, the Energy Department announced that the government would sell its interest in the 47,000-acre Elk Hills reserve to Occidental Petroleum Corp. for $3.65 billion.
		Occidental was not a player in world crude-oil markets until Hammer bribed King Idris and some of his officials to gain a concession to the huge reserves there.
		Occidental, with a 50 percent interest, is the operator for a group that includes Anschutz Albania Corporation with a 30 percent interest and IPC Albania Ltd. with a 20 percent interest.
	www.freerepublic.com /forum/a38c809001b91.htm (6982 words)

	Home Elk Hills Power
		The plant is near Tupman, California, in Occidentalâs Elk Hills oil and gas field.
		Elk Hills Power is a project of Sempra Generation, a wholly owned subsidiary of Sempra Energy.
		Electricity from this plant is sold into the stateâs electricity grid, which is administered by the California Independent System Operator.
	www.elkhillspower.com (614 words)

	AllRefer.com - Teapot Dome (U.S. History) - Encyclopedia
		In 1922, Albert B. Fall, U.S. Secretary of the Interior, leased, without competitive bidding, the Teapot Dome fields to Harry F. Sinclair, an oil operator, and the field at Elk Hills, Calif., to Edward L. Doheny.
		Fall was indicted for conspiracy and for accepting bribes.
		It was found that in 1921, Doheny had lent Fall $100,000, interest-free, and that upon Fall's retirement as Secretary of the Interior (Mar., 1923) Sinclair also "loaned" him a large amount of money.
	reference.allrefer.com /encyclopedia/T/TeapotDo.html (348 words)

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