Saginaw Oil Industry
Inscription
“Oil men optimistic as first well shot, shows results,” reported the August 29, 1925, edition of the Saginaw News . Michigan’s first oil field had been discovered the previous week at this site, known as Deindorfer Woods. The Saginaw Prospecting Company drilled well “Number One” and discovered oil at a depth of 1,873 feet.
The well, initially yielded twenty-three barrels of crude oil per day. The discovery immediately drew the attention of the Standard Oil and the Sun Oil Companies who sent scouts to Saginaw. By the turn of the twenty-first century, Michigan oil and gas exploration and production expanded to sixty-three counties and produced one-fifth of the petroleum energy the state consumed.
Location
Sources
More markers in Saginaw
Saginaw Club
Saginaw, MI
Organized April 18, 1889, the club’s membership was comprised of most of the leading business and civic figures of Saginaw.
Saginaw Post Office
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In 1889, at the urging of Saginaw Congressman (later governor) Aaron Bliss, the Congress appropriated one hundred thousand dollars for...
Presbyterian Church of South Saginaw
Saginaw, MI
Begun in 1865 as a Sunday school for children of this area, the Presbyterian Church of South Saginaw was formally organized on November...
First Presbyterian Church
Saginaw, MI
The Reverend Hiram L. Miller and twelve others founded this church, the first in the Saginaw Valley, on March 1, 1838.
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Saginaw, MI
The Saginaw River Watershed has been crucial in the development of Michigan.