First Great Texas Oil Gusher Discovered at Spindletop (1901)

In 1892, a company was formed in Texas to investigate long-held suspicions that oil might be under an area known as Spindletop Hill. After nine years of exploratory drilling, oil was struck at a depth of 1,139 ft (347 m), resulting in the “Lucas Gusher,” which blew oil more than 150 ft (46 m) in the air. The well produced an estimated 100,000 barrels per day, marking what many consider the birth of the modern petroleum industry. What now well-known companies were involved in the find? Discuss

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