WHAT'S NEW in Drilling Equipment

摘要

January 10, 1951, marked the Fiftieth Anniversary of the discovery of oil at Spindletop, three miles south of Beaumont. Few events have had such a far-reaching effect on this great industry. Before 1901 oil production in this country had been of modest proportions, geared to the needs of the lamp and buggy days. But the Spindletop gusher shooting oil 200 feet into the air ushered in an era of frenzied oil exploration and drilling throughout the Southwest.