Archive for June 2023
Start of Something Big
Thomas Smith March 2, 2011Original Story An oil discovery in the Moose Range wilderness on Alaska’s Kenai Peninsula would bring a momentous change to the territory and have oil exploration implications far to the north. The discovery in Moose Range was the boost Alaska Territory woefully needed at a time when mining was down and…
Read More“Doesn’t he know it’s frozen?” How Alaska almost overlooked Prudhoe Bay
June 22, 2017 by Elizabeth Harball and Zoë Sobel, Alaska’s Energy Desk Tom Marshall was a geologist and a land selection officer for Alaska in the 1960s. He was the driving force behind the state’s Prudhoe Bay selection. (Photo by Elizabeth Harball/Alaska’s Energy Desk) You could argue — and a lot of people do — that Alaska…
Read More‘Marshall’s Folly’ Changes Course of Alaska History
Discovery of Prudhoe Bay February 2015 Heather Saucier, Explorer Correspondent Original Story Here It wasn’t easy, that’s for sure. But AAPG member Tom Marshall – a geologist who moved to Alaska in his early 30s, enamored by the idea of homesteading in the Matanuska-Susitna Valley – managed to change the future of the entire state with…
Read MoreIn the early 1950s, Alaska Oil & Gas Development Company offered 300,000 shares of stock at $1 per share, advertising in newspapers.
Original story Years before Alaska became a state, petroleum exploration companies drilled expensive dry holes. The Alaska Oil & Gas Development Company was among them. The Alaska territory’s first commercial oil well arrived in 1957, two years before statehood. The discovery well, drilled by the Richfield Oil Company – today known as ARCO – successfully drilled…
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