Wildcatters: Texas Independent Oilmen

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Texas A&M University Press, 2007 - Business & Economics - 234 pages
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In the 1970s and 1980s the Texas wildcatter was a recognizable figure in popular culture. Since then, the wildcatter's role is less celebrated but still important, as shown in the new introduction to this edition of a book originally published in 1984 by Texas Monthly Press. Drawing heavily on oral histories, this book tells the story of the West Texas independents as a group, looking at their business strategies in the context of their national, regional, and local conditions. The focus is on the Permian Basin and southeastern New Mexico over the sixty-year period in which the region rose to prominence on the American oil scene, producing about one-fifth of the nation's output. It is a story that covers vast technological change, governmental regulation, and economic fluctuation with profound implications for the oil and gas community. The new introduction brings the story up-to-date by addressing not only the subsequent careers of the wildcatters described in the book but also the role of independents in the current economy. ROGER M. OLIEN, who holds a Ph.D. from Brown University, lives in Austin and is a member of the TSHA Speakers Bureau.DIANA DAVIDS HINTON holds the J. Conrad Dunagan Chair in regional and business history at the University of Texas-Permian Basin. Her Ph.D. is from Yale University.
 

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Contents

WHO THEY ARE AND WHAT THEY DO
1
WILDCATTERS AND TRENDOLOGISTS
13
TRIBULATION AND REGULATION
43
BEAN JOBS AND FARMOUTS
67
A TIME TO GROW
87
SURVIVAL OF THE FITTEST
113
TULIPOMANIA IN THE OIL PATCH
141
CONCLUSION
171
NOTES
179
GLOSSARY
215
BIBLIOGRAPHY
219
INDEX
223
Copyright

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About the author (2007)

ROGER M. OLIEN, who holds a Ph.D. from Brown University, lives in Austin and is a member of the TSHA Speakers Bureau.DIANA DAVIDS HINTON holds the J. Conrad Dunagan Chair in regional and business history at the University of Texas–Permian Basin. Her Ph.D. is from Yale University.