3D Seismic data in Texas showing anticlinal-structural trap 10,000 feet with a bright spot for sale. Inquire within if interested in more information.Read more
Texas Oil Wells for Sale
The early 20th century can also be referred to as The Texas Oil Boom Period. It was the time when dramatic changes took place in the economic growth in Texas with new oil wells being drilled and oil wells for sale turning into a very profitable frontier. It all started with the discovery of a large crude oil reserve near Beaumont, Texas. This Texas oil discovery ushered in a change of time, with the regional development and industrialization in US history. Texas quickly became one of the leading oil producing states in the US. By the year 1940, Texas became the largest producer of oil and oil wells for sale in its own nation. Some historians define this era in Texas, as the beginning of the world's Oil Age. The major smack that evolved the fast growth of oil exploration occurred in Southeast Texas. But soon enough, other texas oil reservoirs were also found across the land of North and East Texas, and also in the Permian Basin in West Texas.
With the beginning of 20th century, Texas was predominantly rural with few large bustling cities. But after the end of World War II, Texas saw the growth of heavy industrialization and with that a boom in oil well exploration with its population soaring to 20% of the nation. Investments and Acquisitions has refined the time honored process of oil drilling and oil harvesting in Texas providing investment opportunities for quality Texas Oil Wells for Sale.