Spindletop oil

Oil industry

How was oil discovered?

Oil was discovered when asphalt was employed in the construction of the walls and towers of Babylon; there were oil pits near Ardericca (near Babylon), and a pitch spring on Zacynthus(lonian islands, Greece). Great quantities of it were found on the banks of the river Issus.

How does oil form?

Almost all geochemists believe petroleum results from a few million years of decay of once-living organisms.

How much oil did spindletop produce?

Nearly about 17,500,000 oil barrels were produced from spindletop oil field in 1902.