This Week in Petroleum History: April 6 – 12
April 7, 1902 – Spindletop Boom brings The Texas Company –
Joseph “Buckskin Joe” Cullinan and Arnold Schlaet established The Texas Company in Beaumont to transport and refine oil from Spindletop Hill, a giant oilfield discovered in January 1901. The new company constructed a kerosene refinery in Port Arthur — and discovered an oilfield at Sour Lake Springs, where its Fee No. 3 well produced 5,000 barrels of oil a day in 1903. (more…)
