Santa Rita No. 1 is the oil well that made The University of Texas rich. Currently located on the southern boundary of the UT campus along MLK Blvd., this well was originally placed on land owned by UT in West Texas and thought to be worthless. In fact, it was named Santa Rita after the Patroness of the Impossible. The patroness did her job, though, because in 1923, Santa Rita tapped into the first gusher in the Permian Basin in West Texas. The Permian Basin became one of the world's most productive oil regions and continues to produce to this day.
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