First Florida Oil Well
Humble Oil and Refining Company discovered an oilfield in 1943 — earning a $50,000 bounty.
Among its petroleum history records, Florida’s first — but not last — unsuccessful attempt to find commercially viable oil reserves began in 1901, not far from the Gulf Coast panhandle town of Pensacola. Two exploratory wells, the first drilled to a depth of 1,620 feet and the second reaching 100 feet deeper, were abandoned. (more…)
