Adriaan Stoop
Encyclopedia
Adriaan Stoop was a Dutch
oil
explorer. He graduated from Delft University with a mining degree in 1878, was posted to the Department of Mines and arrived in the Dutch East Indies, now Indonesia
, shortly thereafter.
Realizing he knew little about oil exploration, Stoop requested paid leave for a study trip to the United States. Although the American oil industry, afraid of new competition in Asia, refused to see him, Stoop was still able to collect essential new information on the latest American drilling techniques. His report became the "bible" for oil drilling technology in the Dutch East Indies. Stoop proposed that the Dutch colonial government should start a state petroleum enterprise, but the idea was rejected. Stoop then requested three years leave of absence so he could initiate oil exploration at his own risk. Stoop "was a man above average, a forceful personality in a delicate frame; able, matter-of-fact and self-disciplined; a silent man, his mind only revealed itself in sparks of keen humor."
Stoop acquired one of the first oil concessions in Indonesia in 1886 and with money from friends and family in 1887--as Gerretson puts it, 50,000 Dutch guilders "from head-shaking relatives"--he founded the Dordtsche Petroleum Maatschappij. Within a year, he had a "spouter." Production increased steadily and he had a ready home market on the island of Java. He introduced gasoline street lighting to several large cities on Java in the 1890s. "If the Royal Dutch relied upon distribution for its strength, the Dordtsche excelled in manufacture." In 1896, Stoop returned to the Netherlands and sold shares in the company to the public, becoming very wealthy. He had held all 350 shares in the company, and converted each into 14,900 guilders in cash and 20,000 guilders in ordinary shares. Thus he yielded more than 5 million guilders in cash and 7 million guilders in shares from the initial investment just ten years earlier.
However, in order to stay competitive the company would have needed to expand its sales territory beyond Java and this would have required an enormous investment in ships and unloading supplies. By 1910, the Dordtsche was the last independent producer on Java and rumors spread that Royal Dutch Shell
's main rival, Standard Oil
, would buy it. But in the end Stoop merged his enterprise with the Royal Dutch Shell through an exchange of stock in 1911. (One of his daughters, Bep, also married one of the sons, Geldolph Adriaan Kessler, of the primary builder of the Royal Dutch company.)
While prospecting for oil in Bavaria, Germany in the early 1900s, Stoop discovered instead thermal water containing high levels of sulfur and iodine. German specialists thought this water would have health promoting properties and this led to creation of a spa at Bad Wiessee
that exists to this day. Stoop also built his vacation home Jungbrunnen there.
Dutch people
The Dutch people are an ethnic group native to the Netherlands. They share a common culture and speak the Dutch language. Dutch people and their descendants are found in migrant communities worldwide, notably in Suriname, Chile, Brazil, Canada, Australia, South Africa, New Zealand, and the United...
oil
Oil
An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....
explorer. He graduated from Delft University with a mining degree in 1878, was posted to the Department of Mines and arrived in the Dutch East Indies, now Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
, shortly thereafter.
Realizing he knew little about oil exploration, Stoop requested paid leave for a study trip to the United States. Although the American oil industry, afraid of new competition in Asia, refused to see him, Stoop was still able to collect essential new information on the latest American drilling techniques. His report became the "bible" for oil drilling technology in the Dutch East Indies. Stoop proposed that the Dutch colonial government should start a state petroleum enterprise, but the idea was rejected. Stoop then requested three years leave of absence so he could initiate oil exploration at his own risk. Stoop "was a man above average, a forceful personality in a delicate frame; able, matter-of-fact and self-disciplined; a silent man, his mind only revealed itself in sparks of keen humor."
Stoop acquired one of the first oil concessions in Indonesia in 1886 and with money from friends and family in 1887--as Gerretson puts it, 50,000 Dutch guilders "from head-shaking relatives"--he founded the Dordtsche Petroleum Maatschappij. Within a year, he had a "spouter." Production increased steadily and he had a ready home market on the island of Java. He introduced gasoline street lighting to several large cities on Java in the 1890s. "If the Royal Dutch relied upon distribution for its strength, the Dordtsche excelled in manufacture." In 1896, Stoop returned to the Netherlands and sold shares in the company to the public, becoming very wealthy. He had held all 350 shares in the company, and converted each into 14,900 guilders in cash and 20,000 guilders in ordinary shares. Thus he yielded more than 5 million guilders in cash and 7 million guilders in shares from the initial investment just ten years earlier.
However, in order to stay competitive the company would have needed to expand its sales territory beyond Java and this would have required an enormous investment in ships and unloading supplies. By 1910, the Dordtsche was the last independent producer on Java and rumors spread that Royal Dutch Shell
Royal Dutch Shell
Royal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...
's main rival, Standard Oil
Standard Oil
Standard Oil was a predominant American integrated oil producing, transporting, refining, and marketing company. Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world and operated as a major company trust and was one of the world's first and largest multinational...
, would buy it. But in the end Stoop merged his enterprise with the Royal Dutch Shell through an exchange of stock in 1911. (One of his daughters, Bep, also married one of the sons, Geldolph Adriaan Kessler, of the primary builder of the Royal Dutch company.)
While prospecting for oil in Bavaria, Germany in the early 1900s, Stoop discovered instead thermal water containing high levels of sulfur and iodine. German specialists thought this water would have health promoting properties and this led to creation of a spa at Bad Wiessee
Bad Wiessee
Bad Wiessee is a spa town on Lake Tegernsee, Bavaria, Germany. The name "Bad" means for "spa" or "baths", while "Wiessee" derives from "West See", meaning "western part of the lake"....
that exists to this day. Stoop also built his vacation home Jungbrunnen there.