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On January 10, 1901, a well at Spindletop struck oil ("came in"). The Spindletop gusher blew for 9 days at a rate estimated at 100,000 barrels (16,000 m 3) of oil per day. [3] Gulf Oil and Texaco, now part of Chevron Corporation, were formed to develop production at Spindletop. [4] The Spindletop discovery led the United States into the oil age.
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.
Spindletop became the focus of frenzied drilling; oil production from the field peaked in 1902 at 17,400,000 barrels (2,770,000 m 3), but by 1905 production had declined 90% from the peak. [18] Spindletop Hill turned out to be the surface expression of an underground salt dome, around which the oil accumulated.
Lucas and his colleagues struggled for two years to find oil at a location known as Spindletop Hill before making a strike in 1901. The new well produced approximately 100,000 barrels of oil per day, an unprecedented level of production at the time. [33] The 1902 total annual production at Spindletop exceeded 17 million barrels.
The Lucas Gusher at Spindletop. January 10, 1901. In 1899, Lucas visited the Sour Spring Mound south of Beaumont, Texas, with Pattillo Higgins. This was the future site of Spindletop. Lucas noted, "This mound attracted my attention on account of the contour, which indicated possibilities for an incipient dome below, and because at the apex of ...
Spindletop. In the first great Texas gusher, oil was discovered at Spindletop in Beaumont, Texas. The Spindletop gusher subsequently blew for nine days at a rate estimated at 100,000 barrels (16,000 m 3) of oil per day. [43]
1901 – The first great Texas oil gusher is discovered at Spindletop in Beaumont, Texas. [16] 1901 – New York: Automobile Club of America installs signs on major highways. [17] 1916 – World War I: Imperial Russia begins the Erzurum Offensive, leading to the defeat of the Ottoman Empire 's Third Army. [18]
January 10: Oil discovered at Spindletop. [1] Texas Fuel Company (later Texaco) in business. Synagogue built. [7] 1903 Chamber of Commerce founded. [8] YMCA built. [3] 1907 – Beaumont Fair (later South Texas State Fair) begins. 1910 – Population: 20,640. [6] 1913 – Port Arthur-Beaumont Interurban Railway begins operating. [3] 1916 ...