How a 1940 Oil Epic Became the Highest-Grossing Film of Its Year

How a 1940 Oil Epic Became the Highest-Grossing Film of Its Year
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In short: Metro-Goldwyn-Mayer’s Boom Town paired Hollywood titans Clark Gable and Spencer Tracy in a rugged, high-stakes drama about wildcatting. Despite critical mixed reviews regarding its repetitive plot, the film’s star power and spectacular oil-field sequences propelled it to become the most successful box office release of 1940.

Released in 1940, Boom Town was a massive commercial triumph for MGM, earning over $5 million globally and securing an estimated profit of $1,892,000. The film followed the volatile lives of two oil wildcatters, "Big John" McMasters and "Shorty" Sand, whose friendship was defined by a cycle of booms and busts. Inspired by James Edward Grant’s Cosmopolitan story, "A Lady Comes to Burkburnett," the narrative spanned from the rough-and-tumble Western oil fields to the corporate boardrooms of New York, where McMasters eventually faced legal trouble for violating the Sherman Antitrust Act.

The production was notable for its intense behind-the-scenes dynamics. Clark Gable, who had real-life experience as an oil-well driller in Oklahoma, starred alongside Spencer Tracy. Their collaboration was marked by professional friction; Tracy, unhappy with his second-billing status, reportedly proved difficult during filming. While the film’s spectacle—including its depiction of massive oil gushers—received praise, critics like Bosley Crowther of The New York Times felt the human drama often devolved into monotonous, repetitive conflict. Nevertheless, the film’s broad appeal was undeniable, ranking seventh in Film Daily’s 1940 poll of the year's best films.

Technically, the film was recognized for its visual and auditory ambition, earning Academy Award nominations for Harold Rosson’s cinematography and for the special effects work of A. Arnold Gillespie and Douglas Shearer. The film’s legacy remains tied to its status as a quintessential star vehicle, capturing the era’s fascination with industrial expansion and the rugged American spirit. Even as the plot moved from the frontier to the East, the spectacle of the oil industry served as the primary engine for audience interest, cementing the film’s place as a definitive, if narratively thin, blockbuster of its time.

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