Ontario's small producers using old-school ways to beat oil rout
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Calgary
CHARLIE Fairbank, the great grandson of one of the world's first oilmen, has turned to a century-old technology to keep his 350 Ontario oil wells competitive in a world of US$35 crude.
Using a single engine and wooden jerkers - rods that connect to multiple pumps - Mr Fairbank is producing the same 65 barrels a day his family has been extracting since the 19th century in Oil Springs, birthplace of the Petroleum Age. It's there that asphalt seller James Miller Williams struck oil in 1858, a year before Edwin Drake drilled his famous well in Titusville, Pennsylvania.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result