Nevada Oil & Gas Historical Summary
The first oil well in Nevada was a 1,890-foot-deep dry hole drilled in Washoe County just southwest of Reno in 1907. In 1954, Shell Oil Co. drilled and completed the Eagle Springs No. 1-35 well in Railroad Valley, which would become the first commercial oil producer in Nevada.
The most prolific oil field in Nevada was discovered in 1983, which would come to be known as Northwest Exploration Grant Canyon No. 1. For a time, Grant Canyon was the most prolific onshore oil well in the continental U.S., flowing up to 4,300 barrels of oil per day. Recoverable reserve estimates are 13 million barrels of oil; 5.3 million barrels had been produced by the end of 1986.
The most recent oil discovery in Nevada was drilled in 1986 - the Marathon Oil Co. Kate Spring No. 1. This strike had an initial flowing potential of 345 barrels of oil and 1,371 barrels of water per day. The well produced 1,500 barrels of oil before it was shut in because of engineering problems and low prices for crude oil.
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Does Nevada Have Oil Fields?
Nevada is considered a frontier state for oil exploration, with 15 small oil fields in 3 parts of the state (Pine Valley in northern Eureka County, Railroad Valley in northeastern Nye County, and Deadman Creek in Elko County). Since 1907, more than 750 oil wells have been drilled in Nevada.
Is There Fracking in Nevada?
As of April 2017, there were 5 hydraulically fractured wells in Nevada, according to the Nevada Commission on Mineral Resources. Three wells are in Elko County, one is in Nye County, and one is in Eureka County. One well was producing oil and two wells produced oil initially but were shut in as of April 10, 2017.
Is There Still Mining in Nevada?
Nevada's great mineral wealth established it as a state 150 years ago and continues to be an essential sector in the state's economy. Thanks to world-class deposits of gold and silver, mining is still Nevada's largest export industry.
What is the Biggest Mine in Nevada?
The Goldstrike Mine in Northeast Nevada is the largest gold mine in North America. The mine complex is owned and operated by Barrick Gold, the world's largest gold mining company.
Nevada Energy Profile Quick Facts
- Nevada consumes 6 times more energy than it produces in part because Nevada produces only small amounts of natural gas and crude oil and does not produce any coal.
- Most of Nevada's largest power plants are natural gas-fired. In 2022, natural gas fueled 56% of Nevada's total in-state electricity generation, its smallest share in nearly 2 decades.
- In 2022, Nevada ranked 6th in the U.S. in total electricity generation from utility- and small-scale solar resources combined. Solar energy provided 23% of the state's total generation, and renewable energy supplied 37% of its total generation.
- Nevada's Hoover Dam supplied about 4% of the state's total in-state generation in 2022.
- In 2022, Nevada accounted for 24% of the United States' geothermally-sourced electricity generation. Only California generated more.
Fatal Work Injuries in Nevada 2021
Fatal work injuries totaled 43 in 2021 for Nevada, according to the U.S. Bureau of Labor Statistics (BLS). Transportation incidents resulted in 19 fatalities, accounting for 44% of all fatal workplace injuries in the state. Violence and other injuries by persons or animals and falls, slips, and trips each accounted for 7 deaths.
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Get a Free Lawsuit Evaluation With Our Nevada Oil Field Accident and Injury Lawyers
The Personal injury protection lawyers at Schmidt & Clark, LLP have experience dealing with the rights of American oilfield workers, and we are one of the only firms willing to handle oilfield workplace accidents in Nevada and throughout the entire United States.
Again, if you or a loved one has been seriously injured in an oilfield accident in Nevada, you should contact our oil field accident lawyers immediately by using the form below or calling our law firm toll-free 24 hrs/day by dialing (866) 588-0600 to schedule a free case review and legal options.
Clients may be able to recover fair compensation for medical expenses from an oil company in a lawsuit and a personal injury lawyer can help.