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November 9, 2007

East Texas' Oil Beginnings


The history of Texas oil exploration began as far back as 1859, when a determined young entrepreneur, Lyne Taliaferro Barret leased 279 acres near an area in East Texas aptly named Oil Springs for its oil and gas seepage that had been observed by Native Americans and early Texas settlers for many years. His preliminary exploratory pursuits were unfortunately interrupted by the Civil War and were postponed until after fighting had ceased. In 1865, Barrte secured another drilling contract with the heirs of the previous owner of the site and formed the burgeoning "Melrose Petroleum Oil Company."



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