Spindletop

Spindletop is a salt dome oil field located in the southern portion of Beaumont, Texas in the United States. The Spindletop dome was derived from the Louann Salt evaporite layer of the Jurassic geologic period. On January 10, 1901, a well at Spindletop struck oil ("came in"). The Spindletop gusher blew for nine days at a rate estimated at 100,000 barrels of oil per day. Gulf Oil and Texaco, now part of Chevron Corporation, were formed to develop production at Spindletop.

The frenzy of oil exploration and the economic development it generated in the state became known as the Texas oil boom. The United States soon became the world's leading oil producer.
https://en.wikipedia.org/wiki/Spindletop