A little over a year after Dr. Busey’s initial oil discovery, the Oil Operators Trust–Murphy #1, a wildcat well staked on the Norphlet dome, drilled into the gas cap of what would become the huge Smackover Oil Field. The well blew out and made a crater 500 feet across and 150 feet deep that swallowed the rig, the derrick, and all of the drilling equipment, then caught fire and created a 300-foot-high natural gas flare that made night seem like day in downtown El Dorado ten miles away. This well led to the discovery of the giant Smackover Oil Field, and later that summer the first oil well, the Reverend Charlie Richardson #1, was completed. The oil boom accelerated with the discovery of this huge field, and the populations of towns like Norphlet and Smackover grew to over 10,000 in only a few weeks. Many Smackover Field wells came in at over 50,000 barrels of oil a day, and the #1 Burton gauged at 74,500 barrels a day. At the peak of the boom Arkansas was one of the nation’s leading oil-producing states. During the first five years of the boom, more money flowed into El Dorado than the total appraised value of all property in the state. This influx of wealth gave El Dorado, in the 1920s, one of the largest concentrations of millionaires in the country and allowed its citizens to build the biggest and most elaborate county courthouse in the state, three magnificent churches, and a downtown full of fine buildings, including what was then one of the tallest buildings west of Mississippi, the Lion Oil Building.