Glenn Pool Oil Reserve | |
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Country | US |
Region | Oklahoma |
Location | Tulsa County |
Coordinates | 35°57′42″N 96°00′59″W / 35.96167°N 96.01639°W |
Operators |
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Partners | Robert Galbreath and Frank Chesley |
Field history | |
Discovery | November 24, 1905 |
Peak of production | 119,233 barrels per day (~5.941×10 6 t/a) |
Peak year | 1908 |
Abandonment | nearing depletion |
The discovery of the Glenn Pool Oil Reserve in 1905 brought the first major oil pipelines into Oklahoma, and instigated the first large scale oil boom in the state. Located near what was—at the time—the small town of Tulsa, Oklahoma, the resultant establishment of the oil fields in the area contributed greatly to the early growth and success of the city, as Tulsa became the petroleum and transportation center of the state, and the world.
During the boom, several Creek Indian land allotment owners became millionaires; Oklahoma became the world's largest oil producer for years; and the area benefited from the generation of more wealth than the California Gold Rush and Nevada Silver Rush combined, as well as the increased investment capital and industrial infrastructure the boom brought with it. The town of Glenpool, Oklahoma was founded in 1906 as a direct result of the oil reserve's discovery.