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The Texas oil boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of Texas during the early 20th century that began with the discovery of a large petroleum reserve near Beaumont, Texas.
Anthony Francis Lucas (born Antun Lučić; September 9, 1855 – September 2, 1921) was a Croatian-born American oil explorer. [1] With Pattillo Higgins, he organized the drilling of an oil well near Beaumont, Texas, that became known as Spindletop. This led to the widespread exploitation of oil and the start of the Petroleum Age. [2]
Oil was discovered in Corsicana, Texas, in 1894 by accident when a water-well company found petroleum while digging a well for the city. [2] By 1897, production was so great that the city's mayor invited him to guide oil production facility development.
Prior to Spindletop, oil was primarily used for lighting and as a lubricant. Because of the quantity of oil discovered, burning petroleum as a fuel for mass consumption suddenly became economically feasible. The frenzy of oil exploration and the economic development it generated in the state became known as the Texas oil boom. The United States ...
The East Texas Oil Field, discovered on October 5, 1930, is located in east central part of the state, and is the largest and most prolific oil reservoir in the contiguous United States. Other oil fields were later discovered in West Texas and under the Gulf of Mexico.
The Spindletop-Gladys City Boomtown Museum is located in Beaumont, Texas, to commemorate the discovery of oil at the Spindletop Hill salt dome in Beaumont on Jan. 10, 1901. The discovery sparked an oil boom in Texas that continues today. Along with a gift shop with commemorative gifts, the museum features historical, period reenactments by area ...
David Fasken, a Canadian, bought a ranch in West Texas in 1913. The discovery of oil on that ranch added to the family's wealth, and now Fasken Oil & Ranch is a major oil drilling company that has ...
Hugh Roy Cullen (July 3, 1881 – July 4, 1957) was an American industrialist and philanthropist.Cullen was heavily involved in the petroleum industry having struck oil near Texas in 1928. [1]