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Griffin Oil Discovery IN22 |
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 Picture Courtesy of Jim Kuntz
 Picture Courtesy of Jim Kuntz
GRIFFIN OIL DISCOVERY
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Side One:
On December 14, 1938, at 8:20 p.m. oil was struck north of here at Fitzpatrick and Hayes #1 Cooper well. A gusher, it produced an estimated 1,000 barrels a day and began an oil boom in Griffin and the surrounding area. By 1941, 120 oil wells in this area were producing oil. Annual oil production in Indiana peaked 1956 at over 12 million barrels.
Side Two:
Oil brought economic and social change to Griffin and surrounding area. Oilmen and their families moved in, businesses flourished, and land was leased to oil companies. Oil production has continued in the Griffin Oil Field - roughly 25 square miles in Gibson and Posey counties; through 2003, it had produced a cumulative 84,412,739 barrels of oil.
Installed 2005 Indiana Historical Bureau, Town of Griffin, Griffin Alumni Association and Friends.
City Park, 1st St. & Main St., Griffin, Posey County Indiana
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