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French Military
A French military officer noted that Indians living near Fort Duquesne set fire to an oil-slicked creek as part of a religious ceremony. As settlement by Europeans proceeded, oil was discovered in many places in northwestern Pennsylvania and western New York to the frequent dismay of the well-owners, who were drilling for salt brine. -
The Royal Ordinances
The Royal Ordinances for the Mining of New Spain are issued, which determined that all wealth extracted from the subsoil, including oil (bitumens or "earth juices", according to the designation of the time), were property of The Royal Crown and, therefore, it alone had the power to grant individuals the right to exploit them through denunciation. -
Expanding the uses for oil
Expanding uses for oil extracted from coal and shale began to hint at the value of rock oil, encouraging the search for readily accessible supplies. -
Manuel Gil y Sáenz
Manuel Gil y Sáenz tries to exploit a superficial deposit, which he called "San Fernando Oil Mine", near Tepetitlán, Tabasco. -
First modern oil refineries
The first modern oil refineries were put into operation. -
Titusville
Oil was first discovered when a homemade rig drilled down 70 feet and came up coated with oil. This rig was near Titusville and was owned by "Colonel" Edwin L. Drake. -
Antonio del Castillo
Antonio del Castillo, a mining engineer, runs one of the first drilling in Mexico to obtain oil. The perforated well, located in the Villa de Guadalupe, behind the Colegiata building, had a depth of 70 meters and cast a mixture of water and good quality crude oil. -
Maximiliano de Habsburgo
Maximiliano de Habsburgo, Emperor of Mexico, tries to promote the petroleum activities granting the first of a series of concessions for the exploitation of natural deposits of petroleum. -
Adolfo A. Autrey
US physician Adolfo A. Autrey organizes the Gulf of Mexico Oil Company, the first company to extract oil from drilled wells and produce distillates on a small scale. Its operations were located in the region of El Cuguas, near Papantla. -
Ludvig Nobel
Ludvig Nobel and his company "Branobel" revolutionized the transportation of crude oil by manufacturing. -
Simón Sarlat Nova
Simón Sarlat Nova, a physician and governor of Tabasco, forms the first oil company with Mexican capital (one million pesos) and restarts the exploitation of the oil "mine" discovered by Gil and Sáenz. -
The new Legislation
The Government issues the Mining Code of the United Mexican States that repeals the Mining Ordinances of 1873. The new legislation was intended to encourage investment in the mining and oil industry by transferring the exclusive right of the sovereign on the subsoil to the owner of the surface lands. -
Waters-Pierce Oil Company
Waters-Pierce Oil Company, established in 1873, a subsidiary of the Standard Oil Company, to market refined products in the Southwest of the United States, installs refineries in the cities of Mexico, Tampico, Veracruz and Monterrey. At first Waters-Pierce only exported refined to our country, later became the first company with positive results in the area of refining and distribution in Mexico. -
Production of Cars
Mass production of cars began creating demand for gasoline. Before this, kerosene used for heating had been the main oil product. -
A new Mining Code
A new Mining Code of the Mexican Republic is promulgated, which establishes that "the owner of the land will freely exploit mineral fuels without any special connection ... provided that the federal property tax is covered." -
Edward L. Doheny
In May the American oil tanker Edward L. Doheny travels to Mexico to explore the oil emanations in the region of the Huasteca potosina. After acquiring the rights of several lands in the area, it organizes the Mexican Petroleum Company of California in November in Los Angeles and begins its exploitation. -
Ezequiel Ordóñez
Mexican geologist Ezequiel Ordóñez locates for the Mexican Petroleum Company the prolific La Pez well, located in the El Ebano oil field, whose production was estimated at 1500 barrels a day, the first major production in Mexico. In November S. Pearson & Son obtains its first commercial production in the fields of San Cristóbal, in the region of the Isthmus of Tehuantepec. -
The Casiano No. 7
The Casiano No. 7 well of the Huasteca Petroleum Company, a firm organized by Doheny in 1907 as a subsidiary of the Mexican Petroleum Company, sprouts 60,000 barrels a day. In December, Potrero del Llano No. 4, well of the Mexican Oil Company El Águila, sprouts with a force of 100 thousand barrels per day. At the end of the decade The Eagle and the Huasteca are the companies that dominate the oil industry. -
Francisco I. Madero
The government of Francisco I. Madero decrees, under the modality of stamp duty, the first tax on crude oil production. -
The Cerro Azul No. 4
The Cerro Azul Number, of the Huasteca Petroleum Company, with a production of 260 thousand barrels per day, making it one of the most important underground deposits in the history of oil exploitation. Confident of a growing production, Doheny made its operations beyond the Atlantic by organizing the British Mexican Petroleum Company to distribute its products in the British market. -
Venustiano Carranza
Carranza imposes new taxes on the oil industry: an annual rent quota and a 5% royalty on all oil land developed by landowners or their landlords. Weetman D. Pearson transfers control of the Mexican Oil Company El Águila to Royal Dutch / Shell. -
Gas Stations
With 9 million automobiles in the United States, gas stations were opening everywhere. -
Crisis
The production crisis and the fall in international prices led companies to reduce their production rate to a minimum and concentrate on the domestic derivatives market, pending further price increases. -
The Huasteca Petroleum Company
The Huasteca Petroleum Company builds the first gas pipeline of the republic, which goes from Cerro Azul to Mata Redonda, where natural gas is used as fuel. -
The El Aguila Oil Company
The El Aguila Oil Company refinery in Azcapotzalco with a capacity of 7,500 barrels per day is inaugurated and is supplied directly from Tuxpan by a 500 km oil pipeline. -
PEMEX
PEMEX creates the Exploration Department to reverse the downward trend in production. -
PEMEX's declines
PEMEX's total annual production declines notably to 35.1 million barrels (14.8 million less than in 1937). -
Superior Oil
The company "Superior Oil" built the first maritime platform on the coast of the Gulf of Mexico. -
Francisco Cano field
The "Francisco Cano" field is discovered, an oil producer in the "Northeastern Border" area, which includes part of the states of Tamaulipas and Nuevo León. -
José Colomo
The most important gas and liquid hydrocarbon deposits, called "José Colomo", are discovered in the Macuspana district of Tabasco. -
Petroquímica in México
The state-owned company Petroquímica de México is created to produce anhydrous ammonia, to distribute and apply fertilizers. New facilities are inaugurated at the Minatitlán refinery. -
OPEC
The Organization of Petroleum Exporting Countries (OPEC) was formed by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. The group has since grown to include 11 member countries. -
PEMEX and 10 million
PEMEX obtains a GBP 10 million loan (350 million pesos) from the British Petroleum Equipment Council to stimulate its oil program. -
PEMEX and the ten
Ten US financial institutions, including Chase Manhattan Bank, grant PEMEX a loan of $ 50 million. -
TIME
Time magazine comments that 1962 was the first time that PEMEX operated without losses -
Drastic Increase
The drastic increase in imports of gasoline and diesel reflects the trend of national oil demand: not only does it grow very rapidly, but also steers increasingly towards light and intermediate distillates. -
Global Oversupply
The global oversupply of oil and the liberation of the prices that regulated the American oil industry resulted in a general fall in prices that seriously affected the independent producing countries, including Mexico. -
Oil Crisis
The oil crisis causes PEMEX to reduce its exports to 470 million barrels, a decrease of 12.5% over the year 1983, when it had reached the highest level of exports until then. -
International Oil Market
The instability of the international oil market is exacerbated by the effects of the military invasion of Iraq from Kuwait. At the same time, the recession of the Mexican economy forms the framework in which the Mexican oil industry develops during the first half of the 1990s. -
Cantarell Complex
The Cantarell complex is consolidated as the most important in Mexico, as its production covers a large proportion of the total volumes produced annually. Later, 2000 and 2004, Cantarell's contributions to the production of pep increased from 47% to over 61% -
USA
The USA becomes the largest consumer of oil. -
Energy Policy Act
Refineries began using more ethanol, a renewable fuel, in response to the Energy Policy Act. -
Production increases
The annual production of crude in Mexico increases to reach 1 237 million barrels, standing out in this field the field of the Cantarell complex. -
Deepwater Horizon Explosion
An explosion and fire occurred on the offshore drilling rig Deepwater Horizon, which had been drilling an exploratory well in the Gulf of Mexico. The accident killed 11 crewmembers and left oil leaking from the unfinished well into the ocean for months.
