Forget the Outer Continental Shelf. There’s a good old-fashioned boom happening in Midland, thanks to a crafty drilling technique that unlocked the secret reserves of the Permian Basin and revived the late, great West Texas oilman.
Skip Hollandsworth talks about rigs, the trickle-down effect, and the new generation of oilmen.
On October 27, 1900, an Austrian-born mining engineer named Anthony F. Lucas spudded in an oil well on a hill near Beaumont. He’d drilled a previous well in the vicinity to a depth of 575 feet before running out of money and giving up, but this time he’d secured financing…
Glenn McCarthy still roars like a lion.
Of doodlebugs, boll weevils, rockhounds, and wildcatters.