100 YEARS A Historical Retrospective Santa Rita No. 1 Well
In 2023, University Lands marked the 100th anniversary of the well, now known as Santa Rita No. 1, striking oil, along with the first royalty payment of $516 to the PUF. Today, thousands of producing oil and gas wells dot the 2.1 million acres of PUF Lands, along with a wide range of revenue-generating surface activities that benefit UT and Texas A&M universities and institutions across the state, transforming the Permian Basin—and the educational systems supported by the PUF— for generations to come. This is a historical perspective of how the Santa Rita No.1 came to be the well that started it all and some of the significant events that transpired over the 100 years since its discovery.
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