1921:

The Santa Rita No. 1 (on University Lands) was spudded August 17, 1921 and erupted on May 28, 1923 at a depth of 3,055 feet. This name was provided by a group of Catholic Nuns who invested in Texan Oil Co. The Nuns requested that the oilmen sprinkle a handful of specially-blessed rose pedals from the top of the derrick before drilling started and proclaim,”I christen thee Santa Rita No. 1”. The name was derived from Saint Rita, the patron saint of the impossible.

1923:

On June 10, 1923, the Orient Express made a special run to the Santa Rita well site. Several thousand people gathered to witness the sight of oil gushing in West Texas.

1926:

On March 10, 1926 the Texas Supreme Court ruled in State v. Hatcher that proceeds from the sale of oil from the PUF lands should be considered proceeds from the sale of part of the “corpus of the estate” and could not be regarded as income.