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The Cushing Oil Field, also known as the Cushing-Drumright Oil Field, is an oil field in northeastern Oklahoma, part of the Mid-Continent oil province.The 10-mile (16 km) by 3-mile (4.8 km) field includes southeastern Payne County, northwestern Creek County, and northeastern Lincoln County.
Graph of weekly Cushing Stocks excluding SPR of Crude Oil from 2004 to 2018. The city of Cushing in Oklahoma is a central hub within the United States and worldwide oil industry. It connects major pipelines within the United States and is the location where the oil futures contracts end up being delivered.
Cushing is a major crude oil hub within the United States and worldwide oil industry. It is a "vital transshipment point with many intersecting pipelines, storage facilities and easy access to refiners and suppliers." Crude oil flows "inbound to Cushing from all directions and outbound through dozens of pipelines."
It was the first well in the Cushing field to produce 1 million barrels of oil and established the Oklahoma record for production from a single well. The well was capped in the mid-1960s. The site includes concrete foundations, the capped well casing, and a sign. In 1980, eight neighboring wells continued to produce oil. [2]
The success of the well, drilled in 1912 by Thomas Baker Slick, Sr., led to the development of the Cushing field and gave impetus to the early development of Oklahoma oilfields. [2] The Drumright-Cushing field would go on to produce 310,000 barrels of oil a day at its peak in May 1917. [3] [4] The well made Slick's name as "King of the ...
Cushing-Drumright Oil Field; M. Mid-Continent oil province; O. Oklahoma City Oil Field This page was last edited on 24 December 2023, at 11:33 (UTC) ...
[2] [b] Slick moved his operation to Cushing, Oklahoma, about 35 miles (56 km) away. The Cushing Independent encouraged land-owning readers to deal with Slick. In January, 1912, The Shaffer and Slick group spudded in ("spudding" is an oil industry term meaning the beginning of actual drilling operations) [3] its first well on the farm of Frank ...
However, the population has declined as oil production has waned in the area. The population was 2,907 at the 2010 census, a figure almost unchanged from 2,905 in 2000. [4] Drumright and nearby Cushing were at the center of the large, productive Cushing-Drumright Oil Field in the 1910s and 1920s. Now Drumright is home to a festival called The ...