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Description:
Beautifully engraved Certificate from the Standard of Ohio / BP Alaska Pipeline issued in 1975 - 1976. This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of a woman walking over mountains. This item has the printed signatures of the company's officers and is over 24 years old. The Brown color is a $10,000 bond and the Green is for $25,000.
Certificate Vignette 1968 — Mar 13, Atlantic Richfield Company (ARCO) and Humble Oil and Refining Company (now Exxon Company, U.S.A.) announce Prudhoe Bay discovery well. Jun 25, Confirmation well announced by ARCO and Humble. Jul 29, Pipeline field study team arrives in Alaska, under authority of a transportation subcommittee of an ARCO-Humble North Slope Coordinating Committee. Oct 28, Atlantic Pipeline Company (a subsidiary of Atlantic Richfield), Humble Pipe Line Company (a subsidiary of Humble Oil and Refining Company) and BP Exploration U.S.A., Inc. (a subsidiary of British Petroleum Company, Ltd.) enter into an "agreement for a planning study and for engineering design and construction of the Trans-Alaska Pipeline Project." Construction was to proceed if the Owner Companies approved the plans developed under this agreement. 1969 — Feb 7, Atlantic Pipe Line, Humble Pipe Line and BP Oil Corporation (formerly BP Exploration U.S.A., Inc.) approve an amendment to their original agreement, electing to proceed with design and construction, and changing the name of the project to "Trans-Alaska Pipeline System." The acronym "TAPS" was applied in usage. Feb 10, Atlantic Pipe Line, Humble Pipe Line and BP Pipe Line Corporation (a subsidiary of BP Oil Corporation) announce plans to build an 800-mile trans Alaska pipeline. Jun 6, TAPS files for federal right-of-way permits. Sep 13, First 48-inch pipe arrives in Valdez from Japan. Oct 22, Humble Pipe Line, Atlantic Pipe Line and BP Pipe Line are joined by Amerada Hess Corporation, Home Pipe Line Company, Mobil Pipe Line Company, Phillips Petroleum Company and Union Oil Company of California in joint venture. 1970 — April, Suits filed by environmental groups and others to block pipeline construction. Aug 14, Incorporation of Alyeska Pipeline Service Company by the Owner Companies. Note, changes from original incorporators are as follows, Home Pipe Line transferred its interest to all other Owners except Amerada Hess. Atlantic Pipe Line has become ARCO Pipe Line Company by name change. Humble Pipe Line has become Exxon Pipeline Company by name change. BP Pipe Line Corporation was merged into Sohio Pipe Line Company ( also see Feb. 12, 1971); Sohio Pipe Line later ( see Aug. 9,1974) transferred part of its interest to Sohio Alaska. Amerada Hess Corporation has transferred its interest to Amerada Hess Pipeline Corporation. Mobil Pipe Line Company has transferred its interest to Mobil Alaska Pipeline Company. Phillips Petroleum Company has transferred its interest to Phillips Alaska Pipeline Corporation. Union Oil Company of California has transferred its interest to Union Alaska Pipeline Company. 1971 — Feb 12, BP Pipe Line Corporation is merged into Sohio Pipe Line Company (a subsidiary of Standard Oil Company [Ohio] ). 1973 — Nov 16, Trans Alaska Pipeline Authorization Act becomes law. 1974 — Jan 3, Federal right-of-way grant issued. Apr 29, Prudhoe Bay to Yukon River road construction begins. May 3, State right-of-way lease issued. Aug 9, Sohio Pipe Line transfers part of its interest to BP Pipelines Inc. Sep 29, Prudhoe Bay to Yukon River road completed. 1975 — Mar 27, First pipe laid at Tonsina River. Oct 11, Yukon River Bridge completed. Oct 26, Pipeline project 50% complete. 1977 — May 31, Final pipeline weld near Pump Station 3. Jun 20, First oil flows from Pump Station 1. (10,06 a.m.(AST) - pig in trap). (10,27 a.m.(AST) - pig depart signal). Jun 24, Oil front at PS 3 (12,56 p.m.). Jun 25, Oil front at PS 4 (7,50 a.m.). Jun 28, Oil front at PS 5 ( 6,23 a.m.). Jul 1, Oil front at PS 6 (6,30 p.m.). Jul 4, Nitrogen leak detected ahead of oil front, MP 489.12 (near PS 8 north block valve). Oil flow stopped. Jul 7, Pipe repair, MP 489.12. Pipe and elbow cracked from injection of super-cooled nitrogen. Pipe replaced. Jul 7, Oil front at PS 8 (9,24 p.m.). Jul 8, PS 8 pump building destroyed by explosion and fire; 1 fatality, oil loss - 300 bbl. Jul 19, Oil leak (heavy equipment accident) check valve 7, 1,800 bbl. Jul 20, Oil front at PS 9 (10,37 a.m.). Jul 22, Oil front at PS 10 (4,46 a.m.). Jul 26, Oil front at PS 12 (3,48 a.m.). Jul 28, Oil reaches Marine Terminal (11,02 p.m.). Aug 1, ARCO Juneau departs Valdez with first oil. 1978 — Feb 15, Oil spill (sabotage), Steele Creek, MP 457.53, 16,000 bbl. Feb 16, Pipe repair MP 457.53. Mar 7, PS 8 recommissioned (11,05 a.m.). 1979 — Jun 10, Oil leak , MP 166.43, Atigun Pass, 1,500 bbl., pipe settlement. Jun 13, ARCO Heritage, 1,000th tanker to load Jun 15, Oil leak, MP 734.16, 4,000 bbl., pipe settlement. June, Pipe repair, MP 734.16. Jul 1, DRA first injected into pipeline at PS 1. Aug 18, Curvature pig (Super Pig) stuck in line at check valve 29. Sep 25, Check valve 29 opened, curvature pig removed; stopple and by-pass installed. Oct 2, PS 2 commissioned (1,16 a.m.). October, Yukon River Bridge opened. 1980 — Jan 22, 1 billionth barrel arrives Valdez. Feb 11, Oil leak, Terminal, 3,200 bbl. leaking valve, east tank farm. May 12, Oil leak, relief tank valve, 238 bbl. Sep 20, Monument to pipeline construction workers dedicated at Marine Terminal. Dec 1, PS 7 commissioned. Dec 29, Thompson Pass, 2,000th tanker to load
| Status: For Sale |
Reference#: stanofohalpi |
| Condition:
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Year:
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