Can I read The Osage Oil Boom on EtoBox?

The Osage Oil Boom by Kenny Arthur Franks is a book available to read on EtoBox.

What is The Osage Oil Boom about?

THE OSAGE OIL BOOM The Osage oil boom was one of the nations great petroleum nds of the 20th century. What is now Osage County, Oklahoma was once covered by a prehistoric shallow inland sea. It contains two distinct geologic eastern belts of sandstone and shale, with a prominent eastward-facing escarpment; and a gently rolling prairie on the west which covers alternating limestone and shale beds. Just prior to Oklahomas Statehood, the Osage Reservation was broken into individual allotments. However, all mineral rights were reserved by the tribe to be leased by the tribal council, and royalties were to be paid to the tribe as a whole. Thus each of the 2,229 Osages on the nal tribal roll was entitled to a full headright. Almost $300 million in royalties, bonuses, interest, and rentals would be paid to owners of headrights during the rst half of the 20th century. In 1896 a lease to the entire Osage Nation was given to Henry Foster, and development of the region began. Ten years later, when this exclusive lease was broken, a horde of oilmen rushed to the area, and more than 250 elds would be uncovered, among them the Burbank, the 21st largest discovery ever made in the United States. W

Author

Kenny Arthur Franks

Publisher

[Oklahoma City]: Published for the Oklahoma Heritage Association by Western Heritage Books, Inc.

Published

1989

Language

EN

ISBN

9780865460751

Subjects

History, Management, Business