| Marker Text |
One of the world's most noted petroleum fields. Discovered 1905; developed in three periods. A number of early shallow wells (800' - 1,000' in Nacatoch Sand), drilled by Claude Witherspoon, are still producing. Field's second and greatest era came as a result of three heartbreaking years of drilling. On Sunday, Jan. 7, 1923, the W. H. Warren-R. K. Blackshear "J. H. Burke No. 1" (2,933' in Woodbine Sand) blew in as a gusher, triggering a feverish drilling boom. As this was prior to spacing and proration regulations, derricks sprouted by the dozens. The site of "J. H. Burke No. 1" is one mile southwest of this marker. On May 8, 1923, another great gusher, the "J. K. Hughes-W. J. McKie No. 1" (2.25 mi. SW), blackened the area with oil which soon ignited, causing 15 deaths. This 8,000-barrel-a-day gusher defined the main pool. By fall, the six-square mile field was outproducing Pennsylvania plus nine other oil states. On Nov. 23, 1923, came peak day of 354,893 barrels. The population skyrocketed. Corn and cotton patches became townsites for Oil City, Tuckertown, Wildcat. In 1923 Powell ran over 30 million barrels; in 1924, over 40 million. It then declined, with last million-barrel year in 1931. Waterflooding ushered in third yield period, 1964. (1973) |
