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Texas Oil Ledger Newspaper Archive: December 11, 1920 - Page 1

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Publication: Texas Oil Ledger

Location: Fort Worth, Texas

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   Texas Oil Ledger (Newspaper) - December 11, 1920, Fort Worth, Texas                                I December TE X AS LEDGKR Page Nine Eagle Pass Gets Big Well Report Oil Is Being Bailed From Hole And Is High Grade Lubricant FORMATIONls IDEAL SAY GEOLOGISTS Test Located on Banks of Rio Grande Near Coal v Mines special to Texfti Oil Kagle Pass oil well lias The Bolden liquid Isbeing balled up the buckots ful and it is getting slimier and oilier with each succeeding bucket that is brought People arc wild with ex They are flocking to the well by there being con tinuous string of automobiles leading to the from early morning until perts The oil to be of is pronounced by ex high grade and it Is estimated that it already 1ms a capacity of barrels a When a match was set to it the oil burned like The first indication of the present was had on Friday when the bailer brought up n lot of pure lubricating Operations for the day ceased at 4 oclock since no preparations had been made for taking care of a and when the news reached the city crowds of people im mediately repaired to the Saturday morning early found an other crowd on hind to the bringing up of the and when the contents were dumped out there were exclamations of by everybody Ilinh Grade It Is a high grade lubricating said Claris of the Uvalde Rock Asphalt Paving who in tho supervising the work of street There IH no trace at as phalt in which makes it a valuable This which is known In COASTAL OPERATORS WATCHING TEXAS WELL IN BLUE RIDGE jpcclal to Oil will bo tho production of the Texas Com panys 1 Robinson at Blue Ridge ivlien It la properly completed This been lie paramount question In 16iiston oil circles since the well was Khnt down shortly after it xinexpected y blew October at a depth of flowing approximately inrrels through the drill Thin rincwtion will probably be led thin The well which side I nicked days ago was down to iliout feet Wednesday night when the report was thai it would be brought i But it was decided by offi nls of the company to wait until tho latter pad of the week before drilling into the pny Flow pipes hiive been connected up with the well to largv earthen pits which have been constructed to take care of the steps have been taken by the drlllcm to bring the well in without a Bigrhteen other till operated by the various oil which are drillingat about the same depth on the 17ncre tract adjacent to the Texas Companys 1 arc racing n completion to see which will be first to penetrate the stream of liquid A number of derricks are up ready for Wile humming with More than a hundred housing barber theatres and various business concerns have all been constructed since November Commission Head Makes Report on Corsicana Fields Oil Field Business Men Guests of Oil Belt Power Company tho ternational has been making a good showing practically from the time that that tlie work of drilling began last The first showing was made In the first hundred feet of drillingand it was then predicted that a pusher would be brought in OeolOf from all parts of the country visited the well and they viewed the condi in an extremely favorable the unanimous verdict being that tho snowing was the best they had yet succeeding showing oil waf an improvement over the The drill passed through Austin chalk at a depth of about feet and next it encountered a stratum of Eagle I bringing up the first sand bearing traces of This sand was more impreg nated with oil as it was brought up froin day to day for tlie past The site of the present well Iscm what is known as an anticline formation was pronounced ideal by eminent fcoloi gists before It was The well is situated on the banks of tlip Rio about two miles north of Basle not far from the coul This well was sunk by the Interna tional Oil las which was organized by Van He has always expressed his confidence that there is oil in Eagle and it was duo to McFarland that this well was Ho had to encounter numerous obstacles in order to interest the people in the project and it was only by his determination to put it through that ho The International Oil Clas Company is practically a home of the stock being owned by Easle Pass It has a lease on 480 acres of land as the DeBona It is believed that a rich oil basin underlies Eagle Pass and Maverick Oil Found in Shallow Field Near Lawton Is Being Hauled to Market Special to the Teim Oil oper ators in the shallow field cast of Ijiw ton are now hauling their oil to market The dally production of trie field is about 100 Extensive devel opment in going on One sand haw been found at 55 feet that makes a barrel n Other sands are found nt 110 and 800 Power pumping plants recently have boon installed by Hanlcy and the lAikra OH Com In tho Gladys Belle farther Gooeh and liuve a sand at feet that Is showing oil and The Healdton Oil In Is roaming to a sand at Considerable oil and gas were found to a depth of four feet In tho i for some time local representative of the Donclo Oil Com subsidiary of tho Gladys has resigned and gone to Bartlesvlllo to enter buslncsw for Ho la succeeded by Calkins who in transferred from to Toinn More than MO business oil operators and of Chamber of Com merce organisations in Rnn geiV Des Sipe Rising Star and other oil field tdwns and cities were guests yesterday Thursday of the Oil Tielt Power Company the new plant on tho Do throe miles south of A lunch eon was served and the company showed the mon tjie big with guides explained the work Ings of the The company gave the dinner with T view of get tins the citizens and users of electric cmrent acquainted with the imgnllude of tljo plant and the service it will b lo them In the I Already the Inke that was formed by bulletins a dam across the covers Fire Destroys Gallons of Lubricating Oil for Humble Company Finds Operations Confined to District East of City Urges That Great Care Be Taken Against Drilling Into Salt Water all in vcstigatlon of tlie Corsicnna oil deputy supervisor of the Railroad has made this report to the commission I found hat theru were no new wells drilling n the vicinity of but that drill iiK operations were confined principally ci the locality just east of 1 found there were four or five drilling just east of town and talking with the operators they told me salt ivater was not encountered except at depth of feet or rurvin said it was reported tliat he drill ed one of his wells below feet mil struck salt but that such not tlie All these wells are drilling in the old field near small pro ducingwelln ranging fioin four to five baivels There was no gas ncountcrcd in any of these with the exception of one north of and the quantity In this one so small that it could not be 1 cau 11011011 all of the operators about not going too deep and openingup tho salt water and at tlie same time dis tributed of the conservation circulars 11 among Salt I Deputy Hoover iiae also submitted a report to tlie commission ou the salt water wells in the Rice in which he that he visited two salt water wells on the MePherson farm about from that were left These two wells are about onefourth a mile apart and both of them are located on a little rise right In the center of a cotton Willie Iho casing was left in the Sewcll failed to plug them and as a consequence they are bubbling over two or three barrels of salt water a containing probably five to ten per cent oil and the same is spreading and damaging the While these are small four inches at top anil i 24 inches at in my opinion there is a possibility of them doing damage to the subsurface oil an area of something like strata if there be by allowing The plant is furnished current for i them to remain said Deputy Special to Tcxni Oil here Saturday destroyed gallons oC lubricating oil belonging to the Humbli Oil Refining when the eomiwiiiys north Bide was The IONS of oil was estimated at according to officials ofthe com and the loss on the btnMIng watt estimated at Tile fire was discovered shortly after an International Great Northern frvlglit train hud switched some cars onto the companys Industrial truck at the Stored In the warehouse were 24 with a capacity of gallons all filled to Twenty of the tanks were destroyed and four of them What oil was not ileHtroyed by fire ran into the filling a portion oC it from curb to Whon this oil caught fire later if pre sented a spectacle like a burning A car of steel construction statid ing on the companys Industrial track id loaded with drums of lubricating I consigned to was n damaged by the pumping nt leant fifty wells and more being cities attached every All and towns in radius of forty miles of the plant trio power from will get ejec JUDGE SADLER TO CONFER WITH OIL MEN OF WICHITA Special lo Toxns Oil It was an the Railroad Commission nit who Kono to AVichlta Falls to make an Investl Armstrong Drills 600 to feet capacity Big stock drill tools of Standard Texas Branch 2GS Went 15lh Fort Tuiu Armstrong HOME OFFICE IcUls In Wichita hold HOUVCT iii the Thrae wells were completed some time in May and June mid wine left open and allowed to flow wilt water according to the re Tin matter of plugging lu wells liiis been taken up by the deputy It in Ills report that the total production of this field it tho present time will not readi ti total of over 70 barrels a Fur ther lie Knys in the report There H nothing of particular interest in this field at the present time and nothing that would demand any special atten tion on the part of our As you know the south part of the lioKqiie field wells that have been producing from one to two barrels foi a number of while the north ern part has newer wells that are pro HliBhtly No gas has been bnfcrence on next December I Imduntercd in any of the Tin 1 lu oil operators of that tcr At this conference the variotiH irol averafie of wells around Jt also my understandinK that no water whatsoever has boon en countered in any oC the wliallow cms thai arc confronting the operators vitVi respect to the compliance with with the exception of one well recently ho rules and regulations of the com which struck a water sand at will be about 25 GERMAN MARKS Marks are extremely is the time to secure an option Cost Profits controls Marks with each advance of 1 cent above call fi 650 controls Marks with each advance of 1 cent above call 275 controls Marks with each advance of 1 cent above call 150 controls Marks with each advance of 1 cent above call 600 80 controls Marks with each advance of 1 cent above call 250 No other payments beyond cost of We only engage a limited number of We issue checks at quotation prices on all cities in Specialists in German Cfty Forward remittance by return mail to FRANKL 1493 Broadway v New York M E X I A The New Field of Gushers LEASES TRADING AT PER ACRE The Humphreys though not yet put 150 barrels in the tank in 15 minutes on Wednesday this Our 40acre lease located less than one mile south east of the Humphreys and our rig is now being moved Our well will be rushed all Our title has been approved by one of the best attor neys in We are selling 400 units at per but this price is subject to change without Half of allotment already sold and if you want in on this you must work Dividends earned will be mailed direct to unit holders by the pipe line Make your check payable to Reference Farmers Mechanics or Dun MARION COMPANY Texas 303 Burkburnett Fort Texas STOCKIIOLniiUS iccial to the Texas OU Oklahoma ockholders in the Western Crude OH iimpany of AiiRClcs do not pay an soHKtnont of 13 cents per share ro made by their stock ill be sold at public according i fceeretary of the com Sale Is to take piuce December of all shares that are delinquent on eceinber A number of shareholders ve ill Oklahoma and RESULTS Are what interest directby mail Quality of mailing lists play an important part in results obtained from directbymail I have some choice mailing lists of from 500 to names which I will sell at varying Have lists of some of the best oil and mining companies in tlie United and many original For further ad dress Broughall 887 First Salt Lake Utah BRECKENRIDGE Greatest Oil Field in the World YOUR OPPORTUNITY TO MAKE A SAFE INVESTMENT THAT SHOULD MAKE YOU A FORTUNE BRECKENRIDGE A FORTUNE IF WE PER CENT OF YOUR MONEY BACK IF WE MISS FOUR WELLS We are going to furnish 4 strings of casing for 4 wells in the Breckenridge No salaried deductions for more We will get from 316ths to l4th full royalty interest in each FOUR WELLS Approximately 88ths or full We get the casing plus the pro You get your pro rata money back from salvaged casing when wells come Two wells ready for casing next Both in proven This is your chance to invest in a real oil mans If the wells to which we furnish casing come in we clean On the other if all four wells are our investment is protected by the four strings of Did you ever have a chance to invest in such a proposition before Interest Profit Sharing units are selling rapidly right here on the field to the men who know a genuine oil You will have to hurry if you want to get WERE BE LEFT OUT CAPITALIZATION Interest Profit Sharing Syndicate BOX 130 Basement First National Bank TEXAS PAR VALUE MAKE RESERVATION BY WIRE INTEREST PROFIT SHARING Box Knclotud find for which plojiso enter mo an of units In Interest Irofit ShnrhiK in share also In all salvaged Make of ownership out and mail to the following Name Town or City Stale BRECKENRIDGE SCHOOL BLOCK CREATES SENSATION Breckenridge School Block Oil Syndicates Lease the Most Valuable in the Field The Rock Island well ofsetting the School Block on the north and the Fidelity well offsetting us on the proves beyond any doubt that the SCHOOL BLOCK OIL SYNDICATE has FOUR of the BEST OIL ACRES in the The greatest interest ever shown in SYNDICATE UNITS is manifested in the SCHOOL BLOCK OIL SYNDICATES as is evidenced by their enormous sales this THERES A We are in the HEART of the GUSHER FOUR ACRES OF Only one well on the four Others have drilled one well on one to two and made the investor good every Our FOUR ACRES will make you from TWO TO FOUR times as We positively guarantee that your money will be paid from the pipe line direct to you through our BANK All earnings of the Syndicate will be paid out in Not one cent will be used for any other Our well now drilling at Everything going Units will soon be sold If you want to put your money where it has the BEST wire or mail your subscrip tion at This week may be your last chance to buy at When our books are closed our units should sell at a premium as all others have Breckenridge School Block Oil Syndicate Box 3219 Texas ildnridKi School Illock Box JJniiloHid In full payment for In tho llreckenrlduo School HlocU Syndicate at par value of Name Address Make cliecUs payable to BreclienridK School Block Oil   

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