by Bruce Wells | Sep 7, 2026 | This Week in Petroleum History
After drilling 20 “dry holes,” the Tyndall-Wyoming Oil Company completed the No. 1 Hogg well 50 miles south of Houston. Within four months, a second well was producing about 600 barrels a day. The discoveries ended a succession of attempts dating back to 1901, when former Texas Governor James “Big Jim” Hogg paid $30,000 for the lease. (more…)
by Bruce Wells | Sep 5, 2026 | Petroleum Art
The Mobil Oil Pegasus perched atop the Magnolia Petroleum building in Dallas from 1934 until 1999, when rust and growing structural issues forced its removal. On the first day of 2000, a carefully crafted duplicate returned to the Dallas skyline.
Thanks to its widespread popularity, Mobil Oil’s high-flying trademark returned to its Texas home with one red Pegasus on each side of a sign painstakingly recreated by the American Porcelain Enamel Company. As the year 1999 drew to a close, the duplicated Pegasus soared again. (more…)
