Details for Penwell (Atlas Number 5135003984)

Historical Marker — Atlas Number 5135003984

Data

Marker Number 3984
Atlas Number 5135003984
Marker Title Penwell
Index Entry Penwell
Address
City Penwell
County Ector
UTM Zone 13
UTM Easting 726842
UTM Northing 3514113
Subject Codes cities and towns; graveyards; oil/petroleum topics
Marker Year 1965
Designations
Marker Location W. City Limits, Hwy. 80. Penwell
Marker Size 27" x 42"
Marker Text Birthplace of Ector County's Oil boom. First civic development here was wide-open town, "Derrick City", platted March 1927, after Dec. 28, 1926, oil discovery by driller Josh Cosden on land of W. E. Connell, near the old farming and cattle station, Judkins. However, when Connell well began pumping only 20 barrels a day, the boom crowd moved away. The city was abandoned. As nearby counties off the railroad struck oil that had to be shipped by the Texas & Pacific to refineries, Ector County in 1927 had a "Truck Drivers Boom" --a foretaste of the leadership in supply and servicing that was to develop progressively. Then on Oct. 14, 1929, on Robert Penn's land here, a 375-barrel per day well came in. With that showing, exploration continued, soon followed by the Penn Well, the 600 to 700-barrel a day gusher. In a busy, bustling and prosperous tent city, the Penwell Post Office was established June 30, 1930. This has remained a central distributing and shipping point for numerous fields in several permian basin counties, thereby establishing and earned reputation as "The Crossroads of the oil patch".