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History
Every even-numbered year, the
Permian Basin International Oil Show, Inc. brings together
people from every phase of the petroleum industry.
Leaders come
to Odessa, Texas from every corner of the world to learn about
the latest technology, the newest equipment, to transact
business and renew friendships. Unlike most exhibitions, the
Permian Basin International Oil Show, Inc. is a non-profit
venture whose sole purpose is educational, designed to serve the
oil and gas industry. Run by oilmen, its mission is unwavering
and its commitment is the single most important factor in its
overwhelming success.
The Permian Basin International
Oil Show, Inc. not only showcases the very latest
technology, it also honors the industry’s past. A working
cable tool rig operates daily on the show grounds during the
three-day show, surrounded by trucks and oilfield equipment from
the 1930’s, a key growth period for the industry in the
Permian Basin.
This world-wide event began
humbly in 1940 as the "Little International Oil Show"
with a mere 35 exhibits in the then boomtown of Odessa, Texas.
The Show lasted two years before World War II intervened. Then,
in 1950, oilmen from around the Permian Basin revived the
project. The group formed a non-profit corporation and The
Permian Basin Oil Show, Inc. was established. The show was
presented again in October 1952 and has been held every two
years, on the even numbered years, since that time.
Because of the growing interest of foreign exhibitors and
attendees, the name was changed in 1994 to The Permian Basin
International Oil Show, Inc. The 2002 Permian Basin
International Oil Show, Inc. will have over 700 Oil &
Gas related companies exhibiting in 1089 spaces.
Over the years the
show has grown not only in size but in importance as well.
Having survived the booms and busts, industry slumps and
slow-downs, wars and embargoes, "The Permian Basin
International Oil Show, Inc. is still the largest inland
Petroleum Exposition in the world today".
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