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The Texas oil boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of Texas during the early 20th century that began with the discovery of a large petroleum reserve near Beaumont, Texas.
The Yates Oil Field is a giant oil field in the Permian Basin of west Texas. Primarily in extreme southeastern Pecos County, it also stretches under the Pecos River and partially into Crockett County. Iraan, on the Pecos River and directly adjacent to the field, is the nearest town. The field has produced more than one billion barrels of oil ...
The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. [ 1 ]
Like a 21st century Gold Rush, tens of thousands of Americans have packed their bags in the last two years and moved to one of the country's booming oil towns. But many of these migrants, lured by ...
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Oil derricks at Burkburnett, circa 1920. Originally settled by ranchers as early as 1856, this community was known by some locals as Nesterville. By 1880, the town had a small store with a population of 132. From 1882 until 1903, a post office operated there under the designation Gilbert, named after the North Texas pioneer Mabel
New technologies like horizontal drilling and hydraulic fracturing have ushered in an oil boom. If Texas were a country, it would rank as the 10th largest oil producer in the Earn a 4.7% Yield ...
The Goose Creek Oil Field is a large oil field in Baytown, Texas, on Galveston Bay. Discovered in 1903, and reaching maximum production in 1918 after a series of spectacular gushers , it was one of the fields that contributed to the Texas Oil Boom of the early 20th century.