Fairbank Oil Fields
A surveyor named John Henry Fairbank stumbled onto the fevered oil scene of the short-lived boomtown of Oil Springs and in 1861 dug his first well. The Fairbank family has been continuously pumping oil here through four generations and Fairbank Oil Fields is the world's oldest oil company. Today, it still operates a complete system of pumping oil using the authentic technology of the 1860s, preserving this heritage. Ingenious technologies developed here and the local oilmen took their expertise, tools, and technology to 86 countries around the globe to open new oil fields. The significance of Oil Spring, Canada spread everywhere. Though most drilling here was more than 100 years ago, Fairbank Oil Fields produces about 24,000 barrels of oil annually has been supplying Imperial Oil with crude for 140 years.
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