Answer the following questions in six sentences.

-Please answer both parts--- How many gallons are contained in a barrel of oil for market purposes (how much do they SAY is in the barrel?) and how many ACTUAL GALLONS is it?

-Define and explain OOIP and Recovery Factor ("RF"). Please explain the relationship between the two and use 30% in your answer.

-Tell the story of SPINDLETOP. Discuss the key figures and the role played by each. What setbacks or challenges were overcome and what were the results of theSpindletopdiscovery?Include in your answer discussion of any companies, inventions, or drilling practices that got their start at Spindletop. What impact did Spindlletophave on other industries, such as rail roads? What did John D. Rockefeller's associate at Standard Oil say about oil in the West?