Permian Basin
Odessa, Ector County, Texas
Marker Inscription
One of the two richest oil fields in the world. Discovery began in 1920 at a Mitchell County Well. Next came the 1923 big lake strike, then the wild 1925 boom in Upton County, followed by production in Andrews, Crane, Ector, Martin, Midland, Pecos, Ward, Winkler and 24 other counties. In some years new wells averaged 38 a week. Fortunes were Mae, lost, then regained--all within months. So great were yields that oil brought 50 cents a barrel, while drillers paid $5.00 a barrel for drinking water. Area is 88,610 square miles, with center here at Odessa. Extends across a deeply buried prehistoric sea that more than 250 million years ago contained much fish and reptile life, including dinosaurs. Shores and islands later grew giant vegetation, until earth changes buried animals and plants in pockets that turned hydrocarbons into petroleum. In 40 years from its discovery, the Permian Basin, was producing 53% of total oil in Texas 20% of U.S. crude oil. It is one of the world's largest producers of channel carbon black. Other by-products sulphur, asphalt, synthetic rubber ingredients and petrochemicals.
Erected by Texas Historical Commission
The Story
Beneath the flat West Texas plains around Odessa lies the buried floor of a prehistoric sea, and within it one of the richest petroleum provinces on earth. Discovery unfolded in a rush through the 1920s — a Mitchell County well in 1920, the Big Lake strike of 1923, the wild Upton County boom of 1925 — spreading across dozens of counties as new wells came in by the dozens each week. Fortunes were made and lost in months, and in the frenzy oil could sell for 50 cents a barrel while drillers paid ten times that for drinking water.
Why it matters
The Permian Basin turned West Texas into an engine of the American oil age, supplying a huge share of the nation's crude and reshaping the region's economy for a century.
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Nearby & related markers
The Cable Tool Rig
Odessa, TX
The cable tool rig, which dropped a heavy bit on a steel cable to pound its way downward, replaced the older spring-pole method and let drillers reach the deep formations of the Southwest. Introduced in Texas in 1866, it brought in the first great wells of the Permian Basin, including reconstruction from rigs used at the legendary Santa Rita No. 1, which blew in near Big Lake in May 1923. Texas pioneered much of the surrounding industry, from the first oil lease to the first pipeline and storage tanks.
El Paso Natural Gas Company's First Compressor Transmission Engine
Odessa, TX
This 800-horsepower Cooper-Bessemer compressor engine went to work in Culberson County in 1931 as the first machine of its kind at El Paso Natural Gas Company's original transmission station. Founded in 1928 by Houston attorney Paul Kayser, the company was among the earliest gas transmitters in the Permian Basin. Over 38 years of service the engine ran more than 152,000 hours and moved over 144 billion cubic feet of gas toward El Paso and the Southwest.
Odessa
Odessa, TX
After the Texas and Pacific Railway reached the area in 1881, an Ohio townsite company promoted Odessa to settlers, and excursion trains carried families like the Whites of Indiana out to the West Texas prairie. The town gained a post office in 1885, was platted in 1886, and became county seat when Ector County organized in 1891. A farming and ranching community until oil was struck nearby in 1926, Odessa boomed into a major petrochemical center after World War II.
Odessa Petrochemical Complex
Odessa, TX
In 1946 four West Texas oilmen founded the Odessa Natural Gasoline Company to capture the natural gas being flared away as waste in the oil fields. That gas proved ideal for making butadiene and styrene—the building blocks of synthetic rubber—and through the 1950s the Odessa Chamber of Commerce helped attract a cluster of plants that grew into what was then the largest petrochemical complex in the world. Firms like Shell, Rexene, and El Paso Products anchored an industry that reshaped the town.