DRAKE, EDWIN LAURENTINE


Meaning of DRAKE, EDWIN LAURENTINE in English

born March 29, 1819, Greenville, N.Y., U.S. died Nov. 8, 1880, Bethlehem, Pa. driller of the first productive oil well in the United States. A railway conductor in New Haven, Conn., Drake bought a small amount of stock in the Pennsylvania Rock Oil Company, which gathered oil from ground-level seepages at Titusville, Pa., for medicinal uses. In Titusville on business, Drake studied the techniques of drilling salt wells. With the encouragement of George H. Bissell, a local landowner who was aware of the younger Benjamin Silliman's report of the potential value of petroleum, Drake persuaded the company to lease its land for drilling operations. He began drilling in 1858 and struck oil at a depth of 69 feet (21 metres) on Aug. 27, 1859. With the spread of Drake's drilling techniques, Titusville and other northwestern Pennsylvania communities became boom towns. Drake failed to patent his drilling methods, however, and later lost his money in oil speculation. After 10 years of poverty, he was finally pensioned by the Pennsylvania legislature.

Britannica English vocabulary.      Английский словарь Британика.