Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 7, Ed. 2 Saturday, February 14, 1920 Page: 4 of 4
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WESTERN OIL DERRICK, SATURDAY, FEBRUARY 14, 1920.
12 WELLS NOW
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WICHITA FALLS, Texas, Feb. 14.—
The territory south of Burkburnett
usually referred to as the Texhoma
field because discovered by that com-
pany, now has twelve producing wells, j
all producing from the sand at 1,200
♦o 1,300 feet. In addition there are
twelve drilling"wells shd six derricks
under construction In this field.
The last completion In this field
was the Daniels well of the Interstate
Petroleum company which is reported
to have an Initial production of 300
barrels and is now pumping something
like 250 barrels.
The Texhoma company on the Dob-
son tract, west of the Daniels, is about
ready to set the casing. The test is
ten feet In a good looking sand with
good showing of oil and gas. If this
well proves a producer It will extend
the Texhoma field nearly a half mile
to the west.
Western Oil Derrick classified ads
cost only five cents a line and they
reach thousand^ of readers.
Oil Shares Thought Valueless
Prove to Be Worth a Million
NEW YORK. Frl
failed of gobbling ut
14.—The national waste basket just
cool million dollars for one young man,
? up a c
Frank H. Edwards, Newkirk, R. I., of whom we have just.read.
Mr was clearing up the accumulated papers from his desk, and ..
making a thorough job of it. Drawer and cubby hole came in
for hurried inspection and a clean sweep. Me was determined
nothing inessential should remain.
Certain old stock certificates his late father had left him ;;
at time of death went with the rest, and Edwards was just
giving the immaculate desk top a last flick of the duster when
a sight of those richly engraved certificates among the pile of
trash on the floor caught his eye, gave him pause.
Me fished them out and looked them over, ft was od
company stock, bought years before, for a few cents a share, a
thousand shares. He remembered that afti r his father died he
had made inquiry, and as far as he could ascertain the company
had gone out of business. Without any further thought, the
certificates had been stuffed away in the derk.
Should he waste another stamp on the thing? Me debated.
There was just enough of speculation and curiosity in young
Edwards' composition to drcide in the affirmative and imagine
his surprise to learn a few days later the stock was worth some-
what over $1,000 a share. nnnnnr. ■
Think of finding you'd almost chucked $1,000,000 into a
waste basket. As that has happened to one man, it might hap-
pen to another.
Sale of Gas Property Recalls
Early Oklahoma Oil Operations
81PE SPRINGS, Texas, Feb. 14
Opened by Honker Peeples about two
months ago, the shallow field south of
Sipe Springs is in the throes of rapid
development and is extending In all
directions. The'Sipe Oil company of
Sipe 8prings, and with A. B. Pool,
banker, as president, is drilling on a
twenty acre trait northwest of the
Doty producers.* This company has
material on the ground for two wel's
and with production will drill eight.
On the BrHtaln tract, southwest of
Sipe Springs and toward the town iff
May, Brown coufcty, the Sims Oil com-
pany has encountered a fine show of
oil In its Brlttain No. 1, at 400 feet.
Five miles south of Sipe Springs and
on the Chambers survey, the Burkbur-
nett-Natlonal havo spudded their first
Waurika Oil association No. 3 bat
opened offices III Sipe Springs and will
begin operations at once on twenty
teres In the A. Tate tract, west of
Roper Peoples .No. 3 on the Jackscn
tract is reported on top the second
pay sand at about 290 feet.
Rex Refining company of De Leon
has made three more locations on the
Jackson tract affer hitting a show in
the first sand at 211 feet, which was
reported good fofr ten barrel®.
Western Oil Derrick classified ads
bring home the bacon.
CHA« N. OOCLP
JOGEPH M PERKINS
LESLIE C. HANSON
ROBT 8. DEWEY
1216 Colcord Bidg.
Room 22% Amarfllo Hotsl
600 Reynold Bldg.
CLEVKLAND, Okla., Peb. 14.—The
final purchase of the properties of the
Cleveland Water and Pioneer Oaa com-
panies hy the city of Cleveland recalls
early day development in the Cleve-
land oil fields, the premier field of Ok-
lahoma. Other fields have developed
since but It was the first real field In
Oklahoma proper, or to be strictly
within the letter of historical fact, it
might be said that it was the first oil
field In Oklahoma Territory. Men who
sold their Ras and water Interests In
Cleveland last week were the men
who drilled the first well In the Cleve
Karly in 1904, J. E. Schell and P. O.
Louchner of Coreopolla, Pa., arrived
In this section of the country and an
nounced that they were looking for oil
liases with a view to drilling a well
At that time Cleveland was 100 miles
from developnent and pipelines. It
was a long shct but Ihey seemed ready
and willing to tike It.
Luck Wat With Pioneers.
They spent several days trylnK to
get certain acreage east of Cleveland,
but failed and were returning home,
when they met a member of the local
company which had a large amount of
acreage. A deal was finally made.
The new company was christened the
Mlnnetonka Oil company, because of
the fact that in their travels through
Oklahoma they had seen the name of
Mlnnetonka upon the plant of the Mln-
netonka Lumber company and It suit j
Evidently there is something which |
many people call luck in the oil game,
for the acreage east of town which
this company tried to secure after-1
ward proved to be dry. Not only that, j
but they contracted with the local
pnrtiea to drill three w«ll , and the to-
cations were specified In the contracts lh"' <"« <"ere has been
three of these locations proved 'un,,8ual I" ,h" Panhandle and
On account of the water faclll- N>w M«,co b0,h ln ma,,cr
was drilled upon the Lowery farm
south of the city, where on the first
day of July, the first sign of oil was
observed. The first well made 150
barrels the first day after a shot and
the wild rush was on.
The outstanding character in this
early development was J. E. Schell,
now a resident of California, where
he is enjoying all the pleasures of life.
It was not always thus with him. He
bad been all through the oil game in
the east. He dressed tools, drilled,
contracted, pumped wells and did ev-
erything that any other oil man did.
Men Made Fortunes.
As soon as the first well was drilled
In there was enough gas to furnish
the little city and Schell and his as-
sociates secured a franchise and put in
the present system. Shortly after-
wards he was given a franchise to fur-
nish water. These two systems have
ever since' been owned and operated
by Schell jr his associates. The water
and gas interests were turned over to
separate corporations, when in 1905,
the Mlnnetonka Oil company went to
the Illinois field and shortly cleaned
up better than a million dollars. The
oil interests here were afterwards sold
to the Prairie Oil and Gas company.
The same parties or at least a portion
of them are still interested in this field
under the name of the National Prod
uctg company, which has a plant for
making gasoline by special process
from natural gas, southwest of town.
terlals for their well in section 75,
('arson county, near the Gulf well. It
Is also reported that two locations
have been made on the Burk Burnett
ranch, close to the Gulf and Humble
wells. James D. Ward, of Tulsa, who
1h drilling the Smith-Capes well In
south Hutchinson county, was in the
field last week and they will resume
operations within the next ten days.
The Coble-Heywood well In Hutchin-
son county expects to spud in by the
15th. They have one of the best
standard outfits in the field. Material
Is now being hauled to section 31, G. &
M-3, for the Masterson No. 5 well, to
be drilled by Jones Brothers, of Kan-
sas City, Mo.
E. A. Haines has closed a deal with
the Little Pool company whereby, for
one-half of their acreage, approxi-
mately three thousand acres laying
north of the river in Potter county, he
is to drill two wells. It is reported
that the first location will be In sec-
tion 14, G & M-3.
Unquestionably the Panhandle field
is receiving more notice and more de-
velopment than any similar wildcat
field In the world ever did. Over 500
geologists have visited this district
and all declare that geologically it
offers more opportunities for big pro-
duction than any other field. With
130 wells being drilled and about to
be drilled, this territory will receive
an excellent test and results are bound
to be obtained.
COTTON KING NOW
AN OIL OPERATOR
FORT WORTH, Texas, Feb. 14.—
Daniel J. Sully, who several years ago
figured In a sensational cotton corner
and was reported to have made mil-
lions, has been elected chairman of
the executive committee and a direc-
tor of the Ranger Valley Oil company.
Sully's headquarters will be in Fort
Worth, where executive offices of the
company are located.
Sully states that he is now in the
oil business, heart and soul, and that
his company will begin at once an
extensive development campaign. The
company owns already about 8,000
acres of leases in Texas. The com-
pany will begin operations soon in
Red River county.
Sully is well acquainted with con-
ditions in Texas generally. He knows
practically every section of the state
from personal contact, having been in
the cotton business for twenty-five
years. He lived a' Sherman in 1886,
while engaged in the cotton business.
For the past several years Sully has
been interested to some extent in the
oil Industry. He has had some inter-
ests in the Wyoming fields, to which
he has been giving some attention.
A Millionaire !
SHREVEPORT, La., Feb. 14 —
William H. Rowe, a driller, had
his rig in "hock" with a store-
keeper. He pleaded for a chance.
It was given him. He went to
Pine Island, struck it and was on
the road to fortune. With his
Pine Island earnings he went to
the Homer pool, In Claiborne
parish, where he Invested and
operated. He recently sold the
larger portion of his interests
for $4,500,000 to the Simms Oil
survey, In Panola county. The past
week this well was bailed dry at 2,
512 feet and made a good showing of
oil. Liner was set for a test but due
to the fact that the perforated pipe
was not washed thoroughly, the per-
forations remaining clogged, the test
was not satisfactory. The liner has
been pulled and will be reset for an-
other test. The result is being
watched with much interest.
(Continued from page 5.)
! Derricks and Drills
IS TEXAS OIL GAIN
WASHINGTON. Feb. 14— North and
Central Texas oil fields produced 67,-
419,000 barrels of oil during 1919, ac-
cording to preliminary estimate of the
United States geological survey. This
is against 17,280,612 barrels, the final
figures for 1918, or a gain of more
than 50,000,000 barrels over the pre-
vious year's production.
The peak of North and Central
Texas production last year was reach-
ed in August, when the production
was 6.730,000 barrels.
For the nation at large the gain dur-
ing the year was approximately 22,-
000,000 barrels, made possible by the
Texas production. Here are the na-
tional figures: 1919, 377,719,000 and
1918, 355,927,716, as showing the rapid-
ly Increasing demand for oil in the
United States, the gological survey re-
ports the 1919 excess of imports over
exports was 46,854,959, compared with
32,827,491 during 1918.
Cosden Pays Dividend
TULSA. Okla., Feb. 14.—Cosden &
Co. has declared a one and three-
quarters percent dividend on its pre-
ferred stock, payable March 1, to
stock of record February 14.
The keen advertiser is urged to use
the classified ad columns of the West-
ern Oil Derrick. These little want ads
cost only five cents a line and they
get the business.
in eastern texas
FORT WORTH, Texas, Feb. 14.
Interest In the East Texas field is
growing apace. This interest is due,
largely, to reports of geologists. Then,
again, surface indications are partly
responsible, and last but by no means
least. Js the showing by wells now
drilling. The fact that Kast Texas,
especially Panola and Shelby coun-
ties, lies on the western edgo of the
Sabine Uplift is operating to the ad-
vantage of the field. Geologists are
pronounced in their favor of the up-
lift for drilling operations.
One of the wells of which Interest
is centered Is the National Oil com-
pany's Nails No. 1 011 the C. McCreary
the City National Bank of Wichita
Officials of the Naumkeag Oil com-
pany of Oklahoma City have been
making surveys of the shallow oil
fields In the Chelsea field and other
rich shallow secllonB of eastern Ok-
lahoma with a view of drilling a num-
ber of wells to the sands which pro-
duce so well at depths ranging under
1,000 feet. The advance In the price
of crude petroleum to a barrel,
with bonuses or premiums, assures
tremendous profits from shallow weUs
of Oklahoma. It is well known that
such wells can be operated at slight
cost, on account of the fact that one
pumping plant and one englneot can
handle a dozen shallow wells simul-
taneously, thus causing substantial
oil production to be developed at a
minimum of expense. Plans of the
Naumkeag company Include a program
of shallow well development in more
than one field, the company being now
aggressively at work in efforts to buy
or lease proven acreage in the fields
of eastern Oklahoma.
Efforts are being made by the men
identified with the Illinois geological
survey to find new oil areas In that
state. Heretofore Illinois wells have
drawn the most of their oil from the
shallower sands. Now It is proposed
to drill deeper. Another purpose of
the survey is to determine If there is a
northern continuation of the field. The
survey includes parts of Champaign,
Coles, Douglas and Edgar counties,
which have not been regarded here-
tofore as parts of the oil area.
• * *
Oakes Leasing company, composed
largely of Pittsburgh people and re-
cently chartered under the laws of
Louisiana, with a capital of 1250,000,
has, since its organization, acquired
royalties on leases which have proved
productive through the drilling of shal-
low sand wells, having an estimated
production of 2,400 barrels a day, with
18 locations yet to be drilled. This is
the company that E. T. ("Rebel")
Oakes Is putting across. He also has
other Important oil interests and finds
business more exciting and profitable
than playing ball
AULBACH TO BE
ON HAND WHEN
O. P. Aulbach, president of the
Great Southwestern Petroleum com-
pany of Oklahoma City, left yesterday
for another trip to the Healdton field
where bis company has large oil
Plans of the Great Southwestern in-
clude extensive drilling operations in
the rich field northwest of the Hewitt
field, and .Mr. Aulbach will be on hand
tomorrow when the drill of the Great
Southwestern starts its downward
plunge on the company's lease. He
will remain there a few days, observ-
ing the commencement of drilling, and
then will go to the Chelsea field where
the company has producing properties.
Well No. 7 will be drilled by the
company in the Chelsea field, a deep
test having been planned on the prop-
erty Of the Bomont company, which
was recently absorbed by the Great
Particular Interest attaches to the
field operations of the Great Western
down in Carter county, on account of
the fine showings made by new oil
pools, and also the advance in the
price of crude oil.
The well recently brought In by the
Empire company only two miles north-
west of the Great Southwestern der-
rick has given renewed confidence to
that company In drilling this new
well. The Johnson well two miles
north of the Great Western derrick
came in at 50 barrels, Indicating that
big wells are common down in that
"We are surrounded by produclni
oil wells," said Mr Aulbach as he de-
parted for his southern trip, "and the
prospects of our company .are un
usually bright. Oil men view our new
location as one that should be highly
productive, and our crew will not
cease in work until we have put a drill
to a depth which should give us a
very fine oil well.'
Western Oil Derrick classified adt
bring home the bacon.
Western Oil Derrick classified ads
cost only five cents a line and they
reach thousands of readers.
Maps and Leases
Oil Men's Map of New
Mexico, showing loca-
tions and drilling wells.
State map, white paper,
blue lines, $3.50 each.
maps, $2.50 cach. Also
a few choice New Mexi-
co leases, $1.00 and $2.0Q
W. J. KAMEREN |
$ P. O. Box 477
| Albuquerque, N. M. \
AMARILLO, Texas, Feb. 14.— Dur-
ties, after the contract had been made,
the local company consented to change
the location of the first well, and It
CHEAP LAND WANTED
WE ARE IN THE MARKET FOR CASH
FOR 2,000 OR 3,000 ACRES
of cheap land in the southwest, New Mexico preferred. Price
must be very low. If price is right, purchaser will pay all cash.
Want laud in fee simple, and land that is not leased for oil and
Mid-Continent Land Company
| 812 West 19th Street Oklahoma City
We have listed with us for sale an excellent buy in Quay
County, N. Mex. This is a 40-acre lease nine miles south of
the Metier No. 1, which is in the lime at about 3,3(X) feet,
rim is .t new 5-ycar lease and will be dated on date of pur-
chase. Rent 25c. This is a bip bargain, for a lease •>. near
the MeCiec well, and you will have to act quick to get it at
$10 an Acre
Orcutt-Harris & Co., Inc.
X Southwest National Bank Bldg. Oklahoma City, Okla.
HALE & HIATT
£ We are making a specialty of obtaining artistic views of
j. scenes tin the nil fields. W e cover all the w onderful oil fields of
j; the Southwest, and believe that wc make more photographs of
T oil field operations than an\ other artists in the worid.
HALE & HIATT
EMPIRE BUILDING OKLAHOMA CITY, OKLA.
+ ♦♦♦ ♦*♦♦ ++♦+++++++ ♦♦ ♦♦♦♦ '?♦ ♦<
of locations and progress of the differ-
ent wells. The Ranch Creek well,
after having had four good changes of
formation in 17 feet, namely, from a
black lime, to white lime, then a foot
and a half of gas sand and a brown
shale, they went into their ninth gas
sand which is producing over twenty-
five million cubic feet of heavy, wet.
smoky gas at a depth of 2.540 feet.
Their first gas sand was encountered
at 1,700 feet. With the last gas there
was a considerable showing of oil. At
present the bit is hung in the hole.
The Tuck Trigg well at the present
time is the most promising of any in
the field At 2.400 feet they found
from two to four million cubic feet of
gas. At 3,076 feet they went Into the
lime, which they are still In. They are
3.600 feet deep now and the well is
giving off about one-half million cubic
feet of very heavy, smoky gas with
an odor cf sulphur and, at times, a
very strong petroleum odor. The con-
census of opinion among both oil men
and scouts !s that this well should
have production within the next 100
feet. They hive had rainbows for the
last forty feet, in addition to the ga«
The McGee well in Tucumcarl is set-
ting the eight-ln< hP casing at 3,200 feet,
with some showings of oil reported.
The past two weeks witnessed con-
siderable buying activity, both among
the large companies and (he smaller
Investors. Prices, however, have re-
maiued about the same, due to the
effects of conservative operators and
The Endee well north of Endee was
spudded in Thursday; drilling oper-
ations to be handled by K. A. Haines.
The Gorton Trust well on the Herring
ranch expects to spud In within the
next week. Benedum Tree No. 2 well
has everything on the ground and will
spud In at an early date. The Com-
anche Home. Trigg No. I, northwest
of Tucumcarl, Is now drilling, with
everything on the ground, so they an-
ticipate no interruptions in operations.
The Standard Petroleum company will
spud in next week on their location
nOrth of Tucumcarl.
Two new locations have been made
in Roosevelt county. Npw Mexico, und
materials are now being hauled there
The Oaark Oil Co. Is spudding in
February 15th on the locations In
southwestern Quay county.
The Humble people are hauling ms
Adjoining the Great ?
Louisiana Oil Fields
SIX DIFFERENT LEASES IN SIX DIFFERENT COUNTIES, ALL IN ONE INVESTMENT
Well Came In Adjoining Smith, Rusk & Nacogdoches Counties On West.
In Cherokee County, Acreage Selling Now As High As $1,000 Per Acre.
They are coming our way.
We have grouped together 100
acres as follows, at $12.50 per SVNDIOMl
acre • su/rc- 303-30+ HSRSKOtV/TZ OLDOt
5 acres in Panola county, OKl/AHONfA G\W.
approximately one mile from
the National Oil Co. well Nail
No. 2, Buncombe.
20 acres in Cass county, <Slose
to the Bankers well. This
county joins the great Caddo
oil field, where wells are mak-
ing 10,000 barrels per day.
40 acres in Rusk county,
where wc paid one of flic lead-
ing geologists $100 per day to
survey our leases. Tie found a
fine structure which we have a
5 acres in Nacogdoches coun-
ty where they have and arc de-
veloping fine shallow wells,
and close to the Travwick well.
10 acres in Shelby county,
onlv a short distance from the
Joaquin oil field. Fifty drill-
ing wells are predicted for this
county within ninety days.
Pickering No. 7 in this county
came in making 1,200 barrels
Wc honestly feel that all of the above tracts have wonderful possibilities
one of these tracts makes gootl, and when you stop to consider oil leases in the proven field of Texas
an acre you can readily appreciate what the great possibilities are in the six above tracts.
Thi5 Syndicate is composed of 100 acres as described above
and w e issue you an assignment for the number of acres you
buy. which is transferable, and you control your own invest-
ment. This gives you an interest in the six diffcret counties
as shown bv the above cut.
ke, we will say only
for $1,000 to $20,000
This is an unusual opportunity and this acreage is
going fast. Our acreage is limited, and we would suggest you
wire your reservation and have your letter and draft follow.
Citizen.? Lease Syndicate.
303-4 Herskowltz Rldg., Oklahoma City, Okla.
1 am enclosing $. Please send me
Oil and Gas assignment to acre?- undivided
in and to the one hundred-scre syndicate. The syndicate reserves
th > right to return the money if this one hundred acres is over-
subscribed when this application reaches our office Five acres.
$62.50; 10 acres, $1115.00.
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Bisbee, Sumner T. Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 7, Ed. 2 Saturday, February 14, 1920, newspaper, February 14, 1920; Oklahoma City, Oklahoma. (gateway.okhistory.org/ark:/67531/metadc152203/m1/4/: accessed February 24, 2018), The Gateway to Oklahoma History, gateway.okhistory.org; crediting Oklahoma Historical Society.