Search results
Results From The WOW.Com Content Network
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 boom at Spindletop was short lived. Overproduction depleted the oil and ruined many wells. By 1903, the field had begun to decline and within 10 years Spindletop Hill was virtually a ghost town. In 1926, Spindletop boomed again when new technology led to the discovery of oil on the flanks of the salt dome through deeper drilling.
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.
Pattillo Higgins (December 5, 1863 – June 5, 1955) was an American businessman and a self-taught geologist.He earned the nickname the "Prophet of Spindletop" for his endeavors in the Texas oil business, which accrued a fortune for many.
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]
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 ...
Lucas Gusher, Spindletop. Oil was discovered at nearby Spindletop on January 10, 1901. Spindletop became the first major oil field and one of the largest in American history. With the discovery of oil at Spindletop, Beaumont's population more than tripled in two months from 9,000 in January 1901 to 30,000 in March 1901. [citation needed]
With the breakthrough discovery of the Spindletop oilfield at Beaumont, Cullinan moved his operations to the Beaumont region to partner with Arnold Schlaet. The Texas Fuel Company was formed on March 28, 1901, and went into production on January 2, 1902, with an initial 40 acres (160,000 m 2 ) of land at Port Arthur and a storage site 1 + 1 ...