Archive | Kentucky Oil Wells for Sale RSS feed for this section

In 1818, the Martin Beatty Oil Well in McCreary County, Kentucky was drilled in search of petroleum. The Kentucky oil well was drilled by a salt – making industry, and it producing large quantities of oil that were shipped in wooden barrels on the Cumberland River.

In the year 1942, the Kentucky General Assembly formally approved and invested the Interstate Oil Compact. With KGA permission, oil and gas wells began to be drilled in Kentucky in 1948. But they were restricted to coal producing areas only. In 1960, the Kentucky General Assembly created the Division of Oil and Gas (DOG). The DOG was responsible with the development of all mineral resources, encouraging exploration of such resources as crude oil and natural gas
Oil and gas are produced from more than 1,500 pools in Kentucky, ranging from the rocks of Cambrian to Pennsylvanian age. Most of the Oil is produced from Mississippian limestone and sandstone in eastern and western Kentucky. They are also produced from Ordovician limestone and dolomites in southern Kentucky. On the other hand, most of the gas is produced from the Devonian black shale in eastern side of Kentucky.
Kentucky has been a staple of the Oil Industry throughout the History of the Us and the Industrial Revolution. Investments and Acquisitions carries on the Kentucky tradition of quality oil wells formation and production with Kentucky Oil Wells for Sale, offering sound investments and professional operators to help ensure the backing of you oil well purchasing.

Kentucky Oil and Gas Wells

Kentucky Oil and Gas Wells

Kentucky is a potential site for successful oil and gas development if the ideal conditions of porosity and permeability are realized.

Read more
Kentucky Oil Well Development Project

Kentucky Oil Well Development Project

Kentucky oil and gas wells have been drilled through many formations in Eastern Kentucky (the Appalachian Basin) and Western Kentucky (the Illinois Basin).

Read more