This Day in History (1955): Company's Two Billionth Barrel Slated for Production Sunday
In 1954 as the world's leading producer of oil, Aramco moved closer to a milestone.
From the Feb. 16, 1955, edition of the Sun and Flare
Aramco will produce its two billionth barrel of crude oil sometime Saturday night or Sunday morning.
Oil Operations has calculated 1:48 a.m. Sunday morning as the approximate arrival time of the two billionth barrel. But this, producing officials said, is just an estimate based on production figures through last Sunday and the needs forecast for this week.
"We could be off by as much as several hours," an Oil Operations official said. Through Sunday, the company had produced 1,994,669,356.89 barrels. Production is presently at the rate of about 900,000 barrels per day.
Aramco's one-billionth barrel was produced at 1:35 a.m. on Jan. 5, 1952. The barrel could not be pinpointed as there were a number of GOSP's producing simultaneously.
The company's first barrel for commercial usage came from the Dammam Field in Dhahran on Oct. 16, 1938.
Caption from top photo: Aramco's two billionth barrel is coming up, and Oil Operations is trying to pinpoint the exact moment it will be produced. Right now officials figure this will occur 1:48 a.m., Sunday. Calculating, left to right, are R.L. Savage, coordinator, Plants and Pipelines; Bert Beverly, manager, Exploration R.H. Zinszer, coordinator, Producing and O.A. Seager, manager, Oil Operations Department.
Also on this Date
2006 — The last Mobile army surgical hospital (MASH) is decommissioned by the U.S. Army
2005 — The National Hockey League cancels the entire 2005-05 regular season and playoffs
1983 — The Ash Wednesday brushfires in Victoria and South Australia kill 75
1978 — The first computer bulletin board system is created in Chicago
1968 — In Haleyville, Alabama, the first 9-1-1 emergency telephone system goes into service
1959 — Fidel Castro becomes Premier of Cuba after the overthrow of Fulgencio Batista on Jan. 1
1945 — The Alaska Equal Rights Act of 1945, the first anti-discrimination law in the United States, was signed into law
1937 — Wallace H. Carothers receives a U.S. patent for nylon
1930 — The Romanian Football Federation joins FIFA
1899 — Iceland’s first football club, Knattsprymufelag Reykjavikur, is founded