Beaumont Confederated Oil & Pipe Line Company
Discovered in 1901, Spindletop created the modern U.S. petroleum industry, changed the future of American transportation – and brought many new oilfield technologies. A newspaper’s questionable geology attempts to describe the new Texas oilfield.
Beaumont was just another Texas Gulf Coast town until 1901 when a nearby hill known to locals as “Spindletop” changed U.S. petroleum history – and inspired birth of Beaumont Confederated Oil & Pipe Line Company.
Far from previous production, a wildcat well erupted oil in on January 10 that would produce more oil than anyone ever imagined.
The “Lucas Gusher” spawned future petroleum giants, including Gulf Oil, The Texas Company (Texaco) and Humble Oil (Exxon). (more…)
