Oil Timeline By jessemily2014 Period: Jan 1, 1950 to Jan 1, 2015 Oil in North Dakota Jan 1, 1951 1st Oil Well Drilled Jan 1, 1953 Named the Bakken Formation Jan 1, 1955 1st Oil Boom Start Jan 1, 1968 1st Oil Boom End Jan 1, 1978 2nd Oil Boom Start Jan 1, 1986 2nd Oil Boom End Mar 24, 1989 Exxon Valdez Oil Spill Jan 1, 2005 3rd Oil Boom Start Jan 1, 2007 8th Rank for Oil Production Jan 1, 2008 6th Rank for OIl Production Jan 1, 2009 4th Rank for Oil Production Apr 20, 2010 BP Oil Spill Jan 1, 2011 Legacy Jan 1, 2011 3rd Rank for Oil Production Jan 1, 2012 2nd Rank for Oil Production May 4, 2012 Keystone Pipeline Proposed Apr 29, 2013 Flaring Legislation Sep 29, 2013 Largest Oil Spill on USA Soil Dec 30, 2013 Casselton Oil Spill Jan 31, 2014 Positive Environmental Impact Statement Released Apr 1, 2014 Produce 1 Million Barrels of Oil per day