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Petroleum History InstitutePetroleum History Institute The Institute was founded in 2003 as a not-for-profit organization 501(c)(3). It is the successor to the Drake Well Foundation which in its past was a successor in 1951 to an earlier operating committee formed by the American Petroleum Institute at the Drake Well Museum. The Institute is dedicated to furthering public awareness of the history of the oil industry through research, documentation, archival activities, presentations and other outreach activities. The Institute publishes an annual journal, Oil-Industry History and reprints old and rare books on the industry. The Institute holds symposiums on oil history, conducts field trips and prepares guide books.
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