In August 1892, George W.
Higgins quit the venture in 1896. Pattillo Higgins then teamed with Captain Anthony F.
Lucas made a lease agreement in 1899 with the Gladys City Company and a subsequent agreement with Higgins.
The well was spudded on 27 October 1900.
In 1900, an oil-products marketing company affiliated with Standard Oil had been banned from the state for its cutthroat business practices.
On January 10, 1901, a well at Spindletop struck oil ("came in").
On January 10, 1901, at a depth of 1,139 ft (347 m), what is known as the Lucas Gusher or the Lucas Geyser blew oil over in the air at a rate of (4,200,000 gallons).
Then in July 1901, the Hogg-Swayne Syndicate leased 15 acres from J.M.
Scott Heywood, a native of Cleveland, Ohio, who in 1901 made the first oil discovery in nearby Jeff Davis Parish in southwestern Louisiana.
Directions to the park and viewing platform are available at the museum. On December 4, 1955, the Spindletop story was dramatized in "Spindletop – The First Great Texas Oil Strike (January 10, 1901)" on the CBS history series, You Are There.
By the end of 1902, more than 500 companies had been formed and 285 wells were in operation. Spindletop produced 17,420,949 barrels of oil in 1902, but only half that much in 1903 as production declined.
Significant salt dome oil fields included Sour Lake and Saratoga in 1902, Batson Prairie in 1903, the Humble oil field in 1905, and the Goose Creek Oil Field in 1908. Standard Oil, which then had a monopoly or near-monopoly on the petroleum industry in the eastern states, was prevented from moving aggressively into the new oilfield by state antitrust laws.
In 1932, Heywood was elected to a single term in the Louisiana State Senate. Production at Spindletop began to decline rapidly after 1902, and the wells produced only by 1904.
By the end of 1902, more than 500 companies had been formed and 285 wells were in operation. Spindletop produced 17,420,949 barrels of oil in 1902, but only half that much in 1903 as production declined.
Significant salt dome oil fields included Sour Lake and Saratoga in 1902, Batson Prairie in 1903, the Humble oil field in 1905, and the Goose Creek Oil Field in 1908. Standard Oil, which then had a monopoly or near-monopoly on the petroleum industry in the eastern states, was prevented from moving aggressively into the new oilfield by state antitrust laws.
In 1932, Heywood was elected to a single term in the Louisiana State Senate. Production at Spindletop began to decline rapidly after 1902, and the wells produced only by 1904.
Significant salt dome oil fields included Sour Lake and Saratoga in 1902, Batson Prairie in 1903, the Humble oil field in 1905, and the Goose Creek Oil Field in 1908. Standard Oil, which then had a monopoly or near-monopoly on the petroleum industry in the eastern states, was prevented from moving aggressively into the new oilfield by state antitrust laws.
When the price climbed above $0.35 per barrel, the operation was stressed and Mellon who had lent money for Spindle Top's development took control of the company, won a lawsuit allowing Mellon to renege on the contract, and in 1907, created Gulf Oil.
Significant salt dome oil fields included Sour Lake and Saratoga in 1902, Batson Prairie in 1903, the Humble oil field in 1905, and the Goose Creek Oil Field in 1908. Standard Oil, which then had a monopoly or near-monopoly on the petroleum industry in the eastern states, was prevented from moving aggressively into the new oilfield by state antitrust laws.
On November 14, 1925, the Yount-Lee Oil Company brought in its McFaddin No.
2 at a depth around , sparking a second boom, which culminated in the field's peak production year of 1927, during which 21 million barrels (3.3 GL) were produced.
In 1932, Heywood was elected to a single term in the Louisiana State Senate. Production at Spindletop began to decline rapidly after 1902, and the wells produced only by 1904.
Spindletop continued as a productive source of oil until about 1936.
The monument, erected at the wellhead in July, 1941, was moved to the Spindletop-Gladys City Museum after it became unstable due to ground subsidence.
It was then mined for sulfur from the 1950s to about 1975. ==Spindletop-Gladys City Boomtown Museum== In 1976, Lamar University dedicated the Spindletop-Gladys City Boomtown Museum to preserve the history of the Spindletop oil gusher era in Beaumont.
Directions to the park and viewing platform are available at the museum. On December 4, 1955, the Spindletop story was dramatized in "Spindletop – The First Great Texas Oil Strike (January 10, 1901)" on the CBS history series, You Are There.
It was then mined for sulfur from the 1950s to about 1975. ==Spindletop-Gladys City Boomtown Museum== In 1976, Lamar University dedicated the Spindletop-Gladys City Boomtown Museum to preserve the history of the Spindletop oil gusher era in Beaumont.
It was then mined for sulfur from the 1950s to about 1975. ==Spindletop-Gladys City Boomtown Museum== In 1976, Lamar University dedicated the Spindletop-Gladys City Boomtown Museum to preserve the history of the Spindletop oil gusher era in Beaumont.
According to an article by Nedra Foster, LS in the July/August, 2000 issue of the Professional Surveyor Magazine, the monument was originally located within 4 ft of the site of the Spindletop well. Today, the wellhead is marked at Spindletop Park by a flagpole flying the Texas flag.
Black Gold to Bluegrass: From the Oil Fields of Texas to Spindletop Farm of Kentucky, historical non-fiction, Austin: Eakin Press, 2005, ==External links== Spindletop-Gladys City Boomtown Museum (flash) "Spindletop: The Original Salt Dome", World Energy Magazine Vol.
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