The Events: Santa Rita No. 1
historical marker
In Austin, Travis County, Texas, this historical marker commemorates 'The Events: Santa Rita No. 1.' Santa Rita No. 1 was the first producing oil well on Permanent University Fund Lands. On May 28, 1923, it began production in Reagan County, Texas. This discovery provided significant oil royalties, funding the University of Texas and Texas A&M University. The original rig moved to the University of Texas campus in Austin in 1940 and was unveiled in 1958. The Texas State Historical Association erected this marker; the specific year of its erection is not available. This site highlights oil's historical impact on Texas public education.