Scurry County's Billionth Barrel of Oil -------------------------------------------------------------------------------- Marker Number: 4621 Marker Title: Scurry County's Billionth Barrel of Oil Index Entry: Scurry County's Billionth Barrel of Oil Address: US 84, about 6 mi. N of Snyder City: Snyder County: Scurry UTM Zone: 14 UTM Easting: 316524 UTM Northing: 3630137 Subject Codes: OL Year Marker Erected: 1975 Designations: na Marker Location: From Snyder take US 84 about 6 miles north. Marker is on northbound Business Rt. 84. Marker Size: 27" x 42" Repairs Completed: Marker Text: Petroleum discoveries in this county began in 1923, with recovery of oil in the San Andres Formation--eventually penetrated by over 2,000 shallow wells. In late 1948, rigs drilling deeper than 6,000 feet tapped the Canyon Reef Geological Formation. Four exploratory wells--Sun Oil Company's Schattel; Magnolia's Winston; Standard Oil Company of Texas Brown; Lion Oil Company's C. T. McLaughlin-- and other extensive drilling defined a gigantic field covering 85,000 acres and containing oil reserves estimated to total at least four billion barrels. The local economy and growth rate improved greatly. Many farmers and ranchers who had fought years of drouth and adversity paid off debts, modernized their homes, and continued to live on their land. On Oct. 8, 1973, twenty-five years after the Canyon Reef discovery, Scurry County produced from that formation its billionth barrel of oil, and in a week of festivities paid tribute to the petroleum industry. The celebrated billionth barrel of oil came from the well near this marker. By 1973, Scurry County was producing 3.2 per cent of all the oil recovered annually in the United States. (1975)