Incorporated in Oklahoma and selling shares by 1919, the company last appeared in the American Oil Directory in 1922 – along with listing of Fair Play Oil & Gas Company and Gotebo Oil & Refining Company.
Like many other oil regions at the time, entrepreneurs in Kiowa County who could quickly secure leases on properties proximate to producing fields improved their chances of drilling a successful well.
The Oklahoma Corporate Commission has no record of a successful well drilled by the Centralized Oil & Gas Company. Note that the same oilfield vignette is used in certificates issued by the Double Standard Oil & Gas Company, the Evangeline Oil Company and the Buffalo-Texas Oil Company…among others.
Oklahoma oil history began when exploration companies rushed to Indian Territory in 1897 after a dioscovery well near Bartlesville, which came a decade before statehood. It was the First Oklahoma Oil Well, although some historians maintain a well drilled a decade earlier was Oklahoma’s Other First Oil Well. More discoveries quickly followed, each attracting investors seeking riches in Mid-Continent oilfields.
By the 1920s, auctions for Osage Nation mineral leases took place in the shade of a Million Dollar Elm near Pawhuska. South of Oklahoma City, the 1926 oilfield discovery at Seminole launched the Greater Seminole Oil Boom.
Unfortunately, there is no evidence of Centralized Oil & Gas Company participating in any booming Oklahoma oilfields beyond 1922.
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The stories of exploration and production companies joining petroleum booms (and avoiding busts) can be found updated in Is my Old Oil Stock worth Anything? The American Oil & Gas Historical Society preserves U.S. petroleum history. Please support this AOGHS.ORG energy education website. For membership information, contact bawells@aoghs.org. © 2018 Bruce A. Wells.