Healdton: Oklahoma's First State-Regulated Oil Field

Carter County · on grounds of Healdton Oil Museum in Healdton

Production of crude oil from the Healdton Field in 1913 flooded the market with an oversupply of petroleum. In response, the Oklahoma Corporation Commission ordered the pipeline carrier to increase purchases of produced oil, provide facilities for rail shipment, and build field tankage. The pipeline was also ordered to purchase oil ratably and equitably from Healdton producers. The order resulting in the proration of oil purchases made Healdton the first field in Oklahoma to be regulated by a state commission. This strategy was a forerunner of petroleum conservation laws to prevent waste.

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Marker data: Oklahoma Historical Society, Historical Marker Program. Marker texts and locations come from the Society's marker database, reproduced with the Society's written permission.
Sponsored by Oklahoma Historical Society/Oklahoma Petroleum Council
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