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Taken 17-Jun-11
Visitors 17

11 of 23 photos
Categories & Keywords

Subcategory Detail:
Keywords:Marathon Oil Company Discovery Well, Pecos County Historical Marker, Texas Historical Marker
Photo Info

Dimensions4288 x 2848
Original file size6.3 MB
Image typeJPEG
Color spacesRGB
Date taken17-Jun-11 12:21
Date modified17-Jun-11 12:21
Shooting Conditions

Camera modelNIKON D90
Focal length35 mm
Focal length (35mm)52 mm
Max lens aperturef/1.7
Exposure1/200 at f/7.1
FlashNot fired, auto mode
Exposure bias0 EV
Exposure modeAuto
Exposure prog.Unknown
ISO speedISO 200
Metering modePattern
Digital zoom1x
Marathon Oil Company Discovery Well

Marathon Oil Company Discovery Well

Pecos County, Texas
30 54.875' N 101 54.630' W

Text: Opening one of greatest oil fields in the world, Mid-Kansas Oil and Gas Company (a subsidiary wholly owned by the Ohio Oil Company, whose name has now been changed to Marathon Oil Company) brought in the I. G. Yates "A" No. 1 well on October 29, 1926. The well at the shallow depth of 1,150 feet had a rated potential daily flow of 72,869 barrels. Previously oil men had said: "You won't find any oil west of the Pecos." This did not stop the work of Mid-Kansas Oil and Gas Company and its partner, Transcontinental Oil Company, later acquired by Marathon Oil Company. The strike was sensational. Scarcely more than a year later, the Yates field had 100 wells--two of which had higher yields than Yates No. 1. Under the 20,000-acres Ira G. Yates ranch and adjoining lands lay one of the largest oil reserves in the world. The many developers voluntarily adopted proration. Their plans for allocating and restricting Yates fields production were approved by the Texas Railroad Commission in 1928. This was the first complete commission in 1928. This was the first complete proration of an oil field in the state --and an important milestone in petroleum conservation. The Yates field now has 607 wells.