Near Snyder in Scurry County, Texas — The American South (West South Central)
Scurry County's Billionth Barrel of Oil
Petroleum discoveries in this county began in 1923, with recovery of oil in the San Andres Formation—eventually penetrated by over 2,000 shallow wells.
In late 1948, rigs drilling deeper than 6,000 feet tapped the Canyon Reef Geological Formation. Four exploratory wells—Sun Oil Company's Schattel; Magnolia's Winston; Standard Oil Company of Texas Brown; Lion Oil Company's C. T. McLaughlin—and other extensive drilling defined a gigantic field covering 85,000 acres and containing oil reserves estimated to total at least four billion barrels.
The local economy and growth rate improved greatly. Many farmers and ranchers who had fought years of drouth and adversity paid off debts, modernized their homes, and continued to live on their land.
On Oct. 8, 1973, twenty-five years after the Canyon Reef discovery, Scurry County produced from that formation its billionth barrel of oil, and in a week of festivities paid tribute to the petroleum industry. The celebrated billionth barrel of oil came from the well near this marker. By 1973, Scurry County was producing 3.2 per cent of all the oil recovered annually in the United States.
Erected 1975 by Texas Historical Commission. (Marker Number 4621.)
Location. Click for map. Marker is in this post office area: Snyder TX 79549, United States of America.
Other nearby markers. At least 8 other markers are within 6 miles of this marker, measured as the crow flies. Home County of Famous Frontiersmen J. Wright Mooar (approx. 3.7 miles away); Dermott (approx. 5.6 miles away); First State Bank Building (approx. 5.8 miles away); Home County of Famous Frontiersman J. Wright Mooar (approx. 5.8 miles away); Snyder National Bank (approx. 5.8 miles away); Company G (approx. 5.8 miles away); County's First Law Men (approx. 5.8 miles away); Scurry County Courthouse Site and Building (approx. 5.8 miles away). Click for a list of all markers in Snyder.
Categories. • Exploration • Industry & Commerce •
Credits. This page originally submitted on , by Mark Hilton of Montgomery, Alabama. This page has been viewed 156 times since then and 9 times this year. Photos: 1, 2, 3. submitted on , by Mark Hilton of Montgomery, Alabama. This page was last revised on June 16, 2016.