In 1923, the Long Beach field produced over 68 million barrels of oil.
In the summer of 1921, the Signal Hill oil discovery would help make California the source of one-quarter of the world’s entire oil output. Soon known as “Porcupine Hill,” the town’s Long Beach oilfield south of Los Angeles was producing almost 260,000 barrels of oil every day by 1923.
The Alamitos No. 1 well erupted “black gold” in June 1921, announcing discovery of California’s prolific Long Beach field.
The natural gas pressure is so great the oil gusher climbed 114 feet into the air. The well produced almost 600 barrels a day when completed on June 25. It will eventually produce 700,000 barrels.
The giant oilfield Alamitos No. 1 still produces 1.5 million barrels of oil a year. Signal Hill incorporated three years after the Alamitos discovery well. Read the rest of this entry »