During the boom, several Creek Indian land allotment owners became millionaires; Oklahoma became the world's largest oil producer for years; and the area benefited from the generation of more wealth than the California Gold Rush and Nevada Silver Rush combined, as well as the increased investment capital and industrial infrastructure the boom brought with it.

[2] At the turn of the 20th century, the federal government dissolved tribal land claims of the Indian Territory in favor the distribution of parcels to private owners.

[4] Following the change of oil leasing regulations affecting Native American land allotments enacted due to Oklahoma's pending statehood, Galbreath and a partner, Frank Chesley, finally began drilling on the Ida E. Glenn Number One drill-site in the autumn of 1905.

[2]: 27 The well was on the banks of a creek located four[teen] miles south of an unimpressive, small town on the Frisco Railroad and the Arkansas River by the name of Tulsa.After almost giving up and conceding the well to probably be a "dry hole", Galbreath noticed signs of gas flow in early November[1] and continued drilling.

[5] On November 22, at 5 AM, with the well deep into the layer of Bartlesville (or "Glenn") sandstone of the Boggy Formation,[6] the two struck oil at a depth of 1,481 ft (451 m).

[2]: 29–32, 133 The Ida E. Glenn Number One soon regularly produced 75–85 barrels of light, sweet crude oil a day.

[4] Total field production by 1907 exceeded 43,520,000 barrels (6,919,000 m3), making Oklahoma that year the leading producer of oil, not only in the US, but any country in the world.

[5] Several of the Creek Nation land allotment owners in the vicinity became rich, almost overnight, and received regular royalty payments of over a million dollars a year following the discovery.

[5] One next-door neighbor of the Glenns, Thomas Gilcrease, became a multi-millionaire as a result of the oil production, and had 32 producing wells on his farm by 1917.

[4] Glenpool today calls itself "...the town that made Tulsa famous..."[3] The Glenns sold their farm and moved to California.