In 1972, the petroleum industry in Fayette County played a significant role in helping to satisfy the unprecedented demand for Texas crude oil and natural gas. Fayette was one of the 190 Texas counties out of 254 that produced oil and gas valued in excess of $100,000 in a record production year for the state’s number one industry. According to the Texas Mid-Continent Oil & Gas Association, the value of petroleum produced in the Fayette County was $830,000 for a ranking slot of 173rd. The sale of crude oil here earned $812,000 and natural gas $18,000. Fayette County royalty owners split $104,000 in checks. Oil and gas producers and developers spent $397,000 drilling four wells in the county with $277,000 lost in three dry holes. The Texas Employment Commission reported 111 employees worked in the county’s oil and gas industry, sharing a payroll of $430,000.