Red-brick smokestack of the Texas Pacific Coal and Oil Company sign
THIS IS THE SITE OF THE FIRST COMMERCIAL COAL PRODUCED IN TEXAS BY TEXAS & PACIFIC COAL COMPANY. MINED IN 1888. THIS COMPANY WAS THE FORERUNNER OF TEXAS PACIFIC COAL AND OIL COMPANY, NOW ONE OF THE NATION'S SUBSTANTIAL INDEPENDENT PRODUCERS OF OIL AND GAS.THE TRANSITION FROM COAL MINING TO PETROLEUM PRODUCTION WAS ACCELERATED BY THE COMPANY'S DISCOVERY IN 1917 OF OIL AND GAS IN THE GREAT RANGER FIELD, 16 MILES TO THE WEST. IT WAS A NATURAL EVOLUTION OF AN AMERICAN ENTERPRISE DEDICATED TO DEVELOPING NATURAL RESOURCES TO SUPPLY THE NATION'S GROWING NEEDS FOR ABUNDANT ENERGY.BENEATH THIS GROUND LIES PART OF THE 127,000,000 TONS OF COAL STILL OWNED BY TEXAS PACIFIC, WHICH MAY BE MINED IN THE FUTURE. THIS IS TEXAS' ONLY KNOWN DEPOSIT OF BITUMINOUS COAL OCCURS FROM THE SURFACE TO A DEPTH OF 450 FEET.ERECTED MARCH, 1960BY TEXAS PACIFIC COAL AND OIL COMPANY,FORT WORTH, TEXAS
Year of publication: |
2005-08-07
|
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Authors: | Belden, Dreanna L. |
Subject: | Business | Economics and Finance - Oil and Gas |
Saved in:
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