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favorable ar.fi it was at this time «hat Mr. Nohlrs askrd Mr. Gouldf ho know of am- likrly oil tern-IO ry in the Panhai die of Texas.G o ul d r r ~ o xa mine ri Ids r e po r t s In a do so mo 10 vrais oar her and told ho Amamllo man of his structurepi u m o! v a ion • the Canad , n Riv or. ; Mr. Gould v* a ;s Pin pi oft ed by Mr.4obles and several Amarillo asso-to map out the structure more-arofuhv and make a location lor a€st well. This work was completedn October of 1916 and work star rod | n the fir,: well in the Texas Pan- i h a n die. T r \ i s w e 11 w a to bo th° torr'njnnrr of t},n groat o u gas fio:dM the world and one of the greatest oil Ho’d , if was completed inrombrr, .19:8. at a post of $70,000. ’ho v-oil was am;od to a donth of 6c,5 feM and had an initial pro-i Ur non of 39.000.000 cubic foot ofas daily,URIt was located ju t east of fee John Ray Butte in northern PotterBounty, about 30 miles north ofI on tmi was designated the Amarillo»u Compare/ No. 1 Manorson.Subsequently several other wellsjwere bribed in the vicinity of the |No. 1 and compiled for y;m Timlost prolific was the No. 4 Mastc r-*on which had an open flow volumef 104.000,000 cubic feet dailv.This discovery caused a lot of exit temail In the * trn andImam of 1!.r ma fU* omipniip:, Hoik'd to thr new prospect bu.ving leases lend doing m- * *r ;i work.It wa not mr h three nnun laHrIt' ('11 v ell w a ch ihed bv t he lt;rdf ( niI'•«: 1 ( - ; .. . ■ !i 1 he completed -gas wells, ■ it was.'If f M 4 I J » * f i i i ■ fur *) 1 ii 1 f , . v c * i » i » »r iVI'Mil*tains at an elevation of ] noo f^rt above sea level.The field whirh extends Along ! this burled ranee stretches from eastern Wheeler County to northern Moore County in a Southeast-| northwest direction. It is approximately 125 miles in length with anaverage width of 8 to 25 miles, and contains 1.510,227 acres of which256,912 acres are in Wheeler and eastern Gray Counties and are known as the east sweet gas field; ; 847,371 acres lying west, of this field and known as the west sweet gas .field; and 405,944 an, .: jn the soargas area which lies on the northi Rank’ of the cranife viHon ar “ * « ' * * 4*4 -..Vi . , f |the entire field projects through the cornu im of Hartley, Mime, Hutch ~ j insonr Potter. Carson, Gray andWheeler counties the oil productionis confined to a aeries of pools. ex-tending along the north flank of the structure for a distance of no miles and due to the stratigraphy of the oil bearing formations oil is found both in the sweet and the sour gasi areas;.of a $300,000,000 oil company m brief years is the amazing record Kenneth S. Adams, who, at only17of33pn ideucv of Pi)hups pptsob urnCompany on Apiil 1938.A : no Ii tj \ m 3r, Adams ha veUiiiii in cxpn.ture. Startingv. h h the compu ny us a v arhomef1U■ t i n 1im \: ii ti , n I - »-ri i \ f 1. lt;1 , This was followed by his election aspresident of the company on April 26. 1938, |Ills IT years of diversified experience wrh the persona! training of Pia.nk Phillips m-»ke,s him ideals/Ih.n-d for the po. m011 of presidentand mans- mg head of tins gleal company. lie Is v/di known and well used t.h 10u hunt the oil fra-Tlie on and gas so far encoumered In the Panhandle field have beenfound, wi'h minor exception, jn four separate zoms. namely: the brown dolomite, the grav lime seen on, thegrnv dolomitie action and the underlying granite wa h, w Inch is dn-integrated granite from the buried granite ridge.The cunmlaMve opera*urns andproduction for this field accordingto the la?e t figures available areis. follows:A tut .11 (if 6 296 w f• 11 s 1;a\ e blt;’c r: druh-d. 90 per lt;ent of wnich ha', eben pi0(liners c f 0.! or gas or bud:A f i i ! V 1 1 HU‘ f I u i ?' 4 * *» 1° lt;1 ^ (1 G / 4 ! \ * JT rl 4 ‘tFRANK PHILLIPS, whoso immense* operations set him a part as the outstanding personality and leading figure in Panhandle oil development./ J 4 U1 r\ / « s i -\ r\ a t « - a1 ^ t ? u mi v win t.: in 111 s mmRut for the grasshoppers Frank Phillips might today he just another farmer in the Loop River District of Nebraska, instead of the head of hundred million dollar oil company which bears his name. These devastatingc u : , i: r ~ ajl 11 mn i t? u ui inj hm ulbi y v hi 011Nebraska in 1872. The following year Frank Phillips was born. Thengrasshoppers came in clouds that almost obscured the sun. They came by the millions devouring everything in their path. The Phillips family was forced to abandon theirnew home and return t o their ■ —r———— * - ———— —*. „..........earth. IIis pioneer parentsr r * ,rnwell-to-dothe threeinsects al-sotTtieci in1874 thefolks in Iowa. Frank Phillips’ father, in describing the scourge remarked, “W e stayed until the grasshoppers had eaten my eroj j and were starting on the spokes of the wagon. I was afraid that next, thev would eat theWbaby. As we turned for onelast look at our farm house the grasshoppers were eating the fence posts and thedoodle bugs were rolling up the wire.” Mr. Phillips’ parents then settled on a small farm in southern Iowa where Frai^k Phillips grew up as one nf a family of eightchildren.hi ? f- 5vU (X thoM horse and buggydiyws acquauuam cs were c o n-tincfi to a very small area. iTmrc wa s 1 \ ■!! p to inu\ lrlt;* I he a nxbi11on of ar v ivr t b;u Fmnk Phi! yns' am-blMon soon took him oast thehorizon of the Iova farm. Hewanted to be more than just another farmer. He wanted to do bigthings. The biggest man hmknew at that time was a small town banker; sitting behind a roll-top ru- k in the marble enclosure of the town hank. With money to loan he had the profoundrespect of the entire community. Frank knew? that it took money tohe a banker; nevertheless early in life he was determined that somei Continued on Page 2 »The average action in the Rnr-ger pool of Hutchinson County Isas follows,Surface to 400 feet—sand and red shale.too feet to 100 feet—'gvpaum. 700 feet to 1800 feet—chieflysalt with some red shale, gypsumand sand.1800 feet to 2100 feet—chiefly*Fred shale, smaller amounts blue shale and anhydride, known locally as “Red Cave.”2100 feet to 2600 feet—anhvdritft and gray shale with some dolomite.2800 feet to 2000 feet—dolomite.The average sect inn in the mam* « ru t\) s I M i ill’111K H1 V H VI W 11 c i: I ^ lis as follows;Surface to 200 feet—sand andshale.200 feet to 350 feet—gypsum andred shale.350 feet to MOO feet—salt, somered shale and gypsum.MOO feet to 1700 feet—chieflyred shale—‘Red Cave*,1700 feet to 2200 feet—Anhydrite and gray shale and dolomite.2200 feet to 2300 feet—dolomite, arkosic in lower part.2300 feet to 2500 feet—granitew ash.Top of the ‘‘Big Lime” is found at varying depths, the highest(Continued on Pace 2. «•*AMAKILIjO, 1 fc.XAS—GOIJDEN ANNIVKllSARY KOI llOX, 1933.«i*i iif— ■ —. — — ... | , ||||||,1 m, „ -1 !■ ■ - 11- » - —- -EIGHT PAGES— ~V--- ......— - Ml I I,C ITC\ K I CAN I UNi k. i i~n r v
Newspaper Details
Amarillo Sunday News Globe
Amarillo, Texas, US
Sun, Aug 14, 1938
Page 521
Full Page
Clipped by
Lawrence P.
KS, USA 10 Sep 2022
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