OIL: The Deep Hole

An oil well that goes down 12,000 ft. into the earth's crust is unusual. Only rarely have oil companies, e.g., Humble Oil, Gulf Oil, drilled below 15,000 ft. But in the little town (pop. 1,800) of Wiggins, Miss., there was a well that oilmen wondered about for years. A hearty, smooth-jowled man named George F. Vasen drilled deeper and deeper until he reached 20,450 ft., the second deepest well through the crust on record.* Although there were no other wells near Wiggins, Wildcatter Vasen insisted that there was an immense "Atlantic Ocean of oil" below the town, a limitless...

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