Tag: business

Wildcatters and Landmen in Texas

Striking it rich: How Texas’s oil boom shaped DeGolyer Library Texas’s first successful oil well was drilled by the Melrose Petroleum Oil Company in Nacogdoches County in 1866, but the monumental 1901 discovery of Spindletop in Jefferson County kickstarted the Texas oil industry. The success of Spindletop led to boomtowns all over Texas where wildcatters,…Continue Reading Wildcatters and Landmen in Texas