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El Dorado in Union County, Arkansas — The American South (West South Central)
 

Oil in Arkansas — The Wildcatters

 
 
Oil in Arkansas - The Wildcatters Marker image. Click for full size.
By Mark Hilton, August 1, 2018
1. Oil in Arkansas - The Wildcatters Marker
Inscription.  During the oil boom numerous individuals, or wildcatters, made their mark on the South Arkansas scene. H. L. Hunt, at one time the richest man in the world, opened a barrelhouse on Hamburger Row, made his financial stake there, and then started investing in drilling ventures in the Smackover Oil Field as the Hunt Oil Company. C.H. Murphy, the founder of Murphy Oil Corporation, was a successful businessman in El Dorado, and his timber and land holdings allowed him to start Murphy Oil Corporation now a Fortune 500 company. Pat Marr, a Texas oilman, staked a well near the Smackover Field and offered a money-back guarantee to his investors, promising them he would bring in a gusher, and he did. J. D. Nantz, a Fort Worth, Texas oilman, formed the Smackover Company and predicted his investors would be receiving $75,000 a day in income within a few weeks. Colonel T. H. Barton started with a gas gathering system, and later purchased a small refinery, expanded it into the Lion Oil Company, which at one time had several thousand gasoline stations across the mid-South. Other South Arkansas businessmen who invested in the oil
Oil in Arkansas - The Wildcatters Marker (fourth from front). image. Click for full size.
By Mark Hilton, August 1, 2018
2. Oil in Arkansas - The Wildcatters Marker (fourth from front).
boom and became successful were Joe Mahony, Emon Mahony, Sr., H. C. McKinney, John Trimble, Sid Umstead, Dean McGee, O. G. Murphy, W. E. Corey, J. E. Berry, and Dr. J. S. Rushing. Charles Murphy, Jr., the son of C. H. Murphy, took over Murphy Oil Corporation in 1947 and over several decades built the Corporation into an international oil giant. Chesley Pruet expanded an interest in a single drilling rig into a multi-million dollar oil and gas exploration company. O. C. Bailey and Boyd Alderson, former chairmen of the Arkansas Oil and Gas Commission, were responsible for the orderly development of the industry during this formative period.
 
Location. 33° 12.679′ N, 92° 39.783′ W. Marker is in El Dorado, Arkansas, in Union County. Marker is at the intersection of South Jefferson Avenue and East Cedar Street, on the right when traveling south on South Jefferson Avenue. Located in Oil Heritage Park. Touch for map. Marker is at or near this postal address: 117 East Cedar Street, El Dorado AR 71730, United States of America. Touch for directions.
 
Other nearby markers. At least 8 other markers are within walking distance of this marker. Oil in Arkansas — The Smackover Field (here, next to this marker); Oil in Arkansas — Chaos (here, next to this marker); Oil in Arkansas — The Discovery (here, next to this marker); For Service in Iraq and Afghanistan
The Wildcatters Marker is seen behind statue of Edwin Boyd Alderson, Sr. image. Click for full size.
By Mark Hilton, August 1, 2018
3. The Wildcatters Marker is seen behind statue of Edwin Boyd Alderson, Sr.
(about 300 feet away, measured in a direct line); The Gunfight on the Square (about 300 feet away); The Gunfight on El Dorado's Courthouse Square, Oct. 9, 1902 (about 300 feet away); Union County Second Courthouse (about 400 feet away); El Dorado Masonic Temple (about 400 feet away). Touch for a list and map of all markers in El Dorado.
 
Categories. Industry & CommerceNatural ResourcesNotable Persons
 
Edwin Boyd Alderson, Sr. (statue above). image. Click for full size.
By Mark Hilton, August 1, 2018
4. Edwin Boyd Alderson, Sr. (statue above).
 

More. Search the internet for Oil in Arkansas — The Wildcatters.
 
Credits. This page was last revised on August 8, 2018. This page originally submitted on August 8, 2018, by Mark Hilton of Montgomery, Alabama. This page has been viewed 72 times since then and 29 times this year. Photos:   1, 2, 3, 4. submitted on August 8, 2018, by Mark Hilton of Montgomery, Alabama.
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