In 1923, the Santa Rita No. 1 oil well, in Reagan County discovered the first oil on university land; in the following decades, the PUF's revenue made the University of Texas among the best-endowed in the nation.
In 1923, the Santa Rita No. 1 oil well, in Reagan County discovered the first oil on university land; in the following decades, the PUF's revenue made the University of Texas among the best-endowed in the nation.
Resources - Oil 
