Permian Basin

One of the two richest oil fields in the world. Discovery began in 1920 at a Mitchell County Well. Next came the 1923 big lake strike, then the wild 1925 boom in Upton County, followed by production in Andrews, Crane, Ector, Martin, Midland, Pecos, Ward, Winkler and 24 other counties. In some years new wells averaged 38 a week. Fortunes were Mae, lost, then regained--all within months. So great were yields that oil brought 50 cents a barrel, while drillers paid $5.00 a barrel for drinking water. Area is 88,610 square miles, with center here at Odessa. Extends across a deeply buried prehistoric sea that more than 250 million years ago contained much fish and reptile life, including dinosaurs. Shores and islands later grew giant vegetation, until earth changes buried animals and plants in pockets that turned hydrocarbons into petroleum. In 40 years from its discovery, the Permian Basin, was producing 53% of total oil in Texas 20% of U.S. crude oil. It is one of the world's largest producers of channel carbon black. Other by-products sulphur, asphalt, synthetic rubber ingredients and petrochemicals.

Permian Basin is a historical marker in Odessa, Ector County, dedicated in 1964. It is one of 37 historical markers documented in Ector County in the Texas Historical Commission Atlas, among 39 historic sites cataloged across the county.

The site sits at 31.8853, -102.3885 near Odessa. The nearest cataloged historic site is El Paso Natural Gas Company's First Compressor Transmission Engine (historical marker), about under a tenth of a mile away. Others within a short drive include Cable Tool Rig, Odessa College, and Mrs. John L. Morris (Marjorie).

This record corresponds to Texas Historical Commission Atlas #5135003988. Use the map below for its exact position and turn-by-turn directions.