Powell oil field

Encouraged by nearby discoveries in Mexia and Wortham, the Corsicana Deep Well Company announced plans to drill for oil in the Powell area in the June 9, 1897 issue of the Corsicana Daily Sun.

However the drilling effort yielded a dry hole and was abandoned six months later.

Soon the Powell field was pumping more oil than the combined oil production of the day in the states of Colorado, Illinois, Iowa, Kansas, Kentucky, New York, Ohio, Pennsylvania, Tennessee, and West Virginia.

[2][3] The Powell oil field produced wealth and tragedy in great proportions.

By the late 1920s the Powell field had been pumped dry and was abandoned.