The uneasy alliance between ranchers and the oil industry goes all the way back to the early wildcatting days in West Texas. But today, that relationship is more fraught than ever.
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.