Spindletop is a salt dome A salt dome is a type of structural dome formed when a thick bed of evaporite minerals found at depth intrudes vertically into surrounding rock strata, forming a diapir oil field An oil field is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically extend over a large area, possibly several hundred kilometres across, full exploitation entails multiple wells scattered across the area. In addition, there may be exploratory wells probing the edges, pipelines to located in south Beaumont Beaumont is a city in and county seat of Jefferson County, Texas, United States, within the Beaumont–Port Arthur Metropolitan Statistical Area. The city's population was 113,866 at the 2000 census. With Port Arthur and Orange, it forms the Golden Triangle, a major industrial area on the Gulf Coast, Texas Texas ( /ˈtɛksəs/ ) is the second-largest U.S. state in both area and population, and the largest state in the contiguous United States. The name had wide usage among native Americans, meaning "friends" or "allies". Located in the South Central United States, Texas is bordered by Mexico to the south, New Mexico to the west, in the United States The United States of America is a federal constitutional republic comprising fifty states and a federal district. The country is situated mostly in central North America, where its forty-eight contiguous states and Washington, D.C., the capital district, lie between the Pacific and Atlantic Oceans, bordered by Canada to the north and Mexico to the. The Spindletop dome was derived from the Louann Salt evaporite Evaporites are water-soluble mineral sediments that result from the evaporation of bodies of surficial water. Evaporites are considered sedimentary rocks layer of Jurassic The Jurassic is a geologic period and system that extends from about 199.6± 0.6 Ma to 145.5± 4 Ma, that is, from the end of the Triassic to the beginning of the Cretaceous. The Jurassic constitutes the middle period of the Mesozoic era, also known as the "Age of Reptiles". The start of the period is marked by the major Triassic– age.[1] On January 10, 1901, a well at Spindletop struck oil ("came in"). The new oil field soon produced more than 100,000 barrels of oil per day.[2] Oil prices dropped to a record low of 3 cents per barrel, less than the price of water in some areas.[3] Gulf Oil Gulf Oil was a major global oil company from the 1900s to the 1980s. The eighth-largest American manufacturing company in 1941 and the ninth-largest in 1979, Gulf Oil was one of the so-called Seven Sisters oil companies. Prior to its merger with Chevron, Gulf was one of the chief instruments of the legendary Mellon family fortune; both Gulf and and Texaco Texaco is the name of an American oil retail brand. Its flagship product is its fuel, "Texaco with Techron". It also owns the Havoline motor oil brand, now part of Chevron Corporation Chevron Corporation is an energy company. Headquartered in San Ramon, California, USA, and active in more than 180 countries, it is engaged in every aspect of the oil and gas industry, including exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron is one of the world's six &, were formed to develop production at Spindletop.[4]
The strike at Spindletop represented a turning point for Texas and the nation. No oil field in the world had ever been so productive.[2] The frenzy of oil exploration and the economic development it generated in the state became known as the Texas Oil Boom. The United States soon became the leading oil producer in the world.
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This is the biggest structural change since the famous Lucas gusher in the Texas Spindletop field announced the arrival of the petroleum economy in 1901. ...
