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Significant discoveries included the Embrar oil field (1942), the TXL oil field (1944), the Dollarhide oil field (1945), and the Block 31 oil field (1945). [ 35 ] : 200–201, 230–231 [ 36 ] In 1966, the production of the Permian Basin measured 600 million barrels of oil, along with 2.3 trillion cubic ft of gas, which totaled $2 billion.
Location of the Spraberry Trend in Texas, showing major and nearby cities. Black lines are county boundaries. The Spraberry Trend (also known as the Spraberry Field, Spraberry Oil Field, and Spraberry Formation; sometimes erroneously written as Sprayberry) is a large oil field in the Permian Basin of West Texas, covering large parts of six counties, and having a total area of approximately ...
Ira Yates, owner of the ranch and oil field, donated 152 acres (0.62 km 2) of his land for the townsite of Iraan, which town survives to the present day. Redbarn was abandoned in 1952. [10] The two major early operators of the field, Ohio Oil and Mid-Kansas, merged in 1962 to form Marathon Oil, which ran the field until
Because East Texas had not been significantly explored for oil before then, numerous independent prospectors, known as "wildcatters", were able to purchase tracts of land to exploit the new field. This new oil field helped to revive Dallas's economy during the Great Depression, but sharply decreased interest in West Texas as the new supply led ...
Oct. 4 is World Animal Day, so we want to introduce you to the official animals of Texas. Do you think you could guess them all?
The Texas Railroad Commission, which regulates oil and gas wells in the state, defines these as wells that have been inactive for a minimum of 12 months and have no owner.
In 1984, 656.2 million barrels were produced; 108.4 million from Hastings East and 547.8 million from Hastings West. 12.7 million barrels were produced a day; 1.06 from Hastings East and 11.6 from Hastings West. By 1985, all but 5 oil wells were operating, all needing artificial lifts to produce; a total of 297 wells needed lifts to operate. [1]
The field also seems to contain 16 trillion cubic feet of natural gas. [9] This is the first assessment of continuous resources in the Wolfcamp shale in the Midland Basin portion of the Permian. [9] During the 1980s, vertical wells produced oil in the Wolfcamp area. [10]