Spindletop is an oil field located in the southern portion of Beaumont, Texas, in the United States.
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Spindletop is an oil field located in the southern portion of Beaumont, Texas, in the United States.
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The Spindletop gusher blew for 9 days at a rate estimated at 100,000 barrels of oil per day.
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Spindletop tried drilling two test wells, but ran into trouble trying to penetrate below 300 feet, encountering a quicksand-like formation.
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Spindletop secured additional funding from John H Galey, James M Guffey, and Andrew Mellon of Pittsburgh, and the Guffey Petroleum Company was formed.
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Spindletop was the largest gusher the world had seen and catapulted Beaumont into an oil-fueled boomtown.
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Spindletop produced 17,420,949 barrels of oil in 1902, but only half that much in 1903 as production declined.
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Production at Spindletop began to decline rapidly after 1902, and the wells produced only 10,000 barrels per day by 1904.
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Spindletop continued as a productive source of oil until about 1936.
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