Glenn Pool Oil Reserve

Glenn Pool Oil Reserve
Monument commemorating the Glenn Pool discovery, Black Gold Park, Glenpool, Oklahoma[1]
Glenn Pool Oil Reserve is located in Oklahoma
Glenn Pool Oil Reserve
Location of Glenn Pool Oil Reserve
CountryUS
RegionOklahoma
LocationTulsa County
Coordinates35°57′42″N 96°00′59″W / 35.96167°N 96.01639°W / 35.96167; -96.01639
Operators
PartnersRobert Galbreath and Frank Chesley
Field history
DiscoveryNovember 24, 1905
Peak of production119,233 barrels per day (~5.941×10^6 t/a)
Peak year1908
Abandonmentnearing 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.

  1. ^ Cite error: The named reference Monument was invoked but never defined (see the help page).