Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 10, Ed. 1 Saturday, March 6, 1920 Page: 4 of 4
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PACE FOUR
WESTERN OIL DERRICK, SATURDAY, MARCH 6, 1920.
BURKBURNETT
FIELD BRINGS
GUSHER WELLS
1 Daniel,
BURKBUHNBtT, Texan. March 6
Developments Intho Burkburnelt Held
have been conHIM to Inutile comple
lions.
The T. R. T. Orlli No. 1 well, located
in block 820, northwest extension of
the BurkburnetU oil field ih ono of the
biggest sensations of the fi-Ul. accord
Ing to late repotts. The well has bee n
conservatively ^st I ma ted at 1.800 bbls.
of oil per day.
Burkburnett Completions
Badger Texas Oil Co.'s K
36 hbls., 1.280 feei
Burk Drehmqr Oil Co.'s No. 4 ray-
lor, 225 bbls.. l.* 46 feet.
Chenault & Rowe's No. « Taylor,
150 bbls . 1,640 foul
Fisher & Oilliland's No. l Murry, 20
bbls ., 1,660 fee'
Fletcher Oil i'o.' No. 2 Taylor, 40
bbls., 1.700 feet.
Healdton Oil & (las Co.'s No. 5
Evans, 30 bbls,', 1,600 feet.
R. O. Harvey's No. 5 Taylor. 17.>
bbls.. 1.600 feet.
Harrison & Dale's No. • Taylor, 175
bbls.. 1,636 fool
Hercules Oil Co.'s No 1 Brannon, 30
bbls.. 1,720 feet.
Hancock Oil Co.'s No. :i Taylor. 150
bbls., 1,715 feet.
Herron Oil Co.'s No 1 Taylor, 125
bbls.. 1.610 feet.
Hagan and others' No. 1 Morgan, 22.>
bbls., 1,630 feet.
international Texas Co.'s No. 3
Kvans, 00 bbjs., 1,575 foe*.
Invaders OJ1 Co.'s No. 2 Brannon, 3.
bbls , 1,720 foot.
Same company's No. 9 Waggoner, 90
bbls.. 1.635 feet.
Kentex Oil Co.'s No. 2 Morgan, 85
bbls., 1.600 feel.
Kont and others' No. 2 Welbner, 8
bbls., 226 feet.
King Might Oil Co.'s No. 6 Wag-
goner, 125 bbls., 1,640 feet.
King Petroleum Co.'s No. 1 Taylor,
150 bbls , 1,700 feet.
Livingston Oil corporation's No. 6
Waggoner. 165 bbls., 1.610 feet.
Same company's No. 1 Waggoner,
125 bbls . 1,610 feet
Little Sioux Oil Co.'s No. 2 Taylor,
226 bbls., 1,660 f«'et.
No 3 Taylor. 225
No 4 Taylor, 225
Same company h
bbls., 1,660 'feet.
Some company's
bbls.. 1.660 feet.
Lambert & Tolliver's No. 3 Klsea,
125 bbls., 1.700 feet
Midco Oil Co.'s* No. 2 Schmisseur,
125 bbls.. 1,725 feet.
Motex Oil Co.'s, Nq. 3 George, 225
bbls., 1.630 ifeot
Mackie Inttleton's No. 1 Morgan, 150
bbls.. 1,505 feet.
Noble Livingston's No. 9 Waggoner,
125 bbls., 1,596 feet.
Norton & C'.lne's No 8 Waggoner.
65 bbls.. 1,<4>5 feet.
National I)il Co.'s No. 5 Taylor, 125
bbls.. 1,646 it>vt.
Same company's No. 6 Taylor, l">0
bbls., 1.625 feet.
One Acre OH Co.'s No. 2 Waggoner.
?00 bbls., 1,600 feet.
Oklahoma Petroleum & Gas Co.'s No.
8 Taylor, 150 bbls , 1.665 feet.
Same company's No. 4 Taylor, 225
bbls.. 1.660 feet
P. ft P Oil Co.'s No. 1 Morgan, 100
bbls., 1.640 feet
Perkins Gresham's No. 1 Taylor. 200
bVi't., 1,670 feet.
Republic Oil Co.'s No. 8 Morgan, 225
bbls., 1.610 feet.
Rising Sun Oil Co.'s No 1 Vogel. 1 >0
bbls.. 1,775 feet.
Sanders & Taylor No. 3 Brannon, 125
bb'a.. 1,690 foe)
samo company's No. 5 ! innon, 125
bbls . 1,690 fetn.
W. G. Skellv No 2 W.u goner. 100
bbls . 1.580 feet,
8lattery an<{ others' No. 2 Taylor,
175 bbls , 1,660. feet.
\V. R. ShankU- No 3 Taylor. 225
bb 1 "5s fee'
•s.. 1,668 feeL
Sin. 'a!r Commit
Cropper. 20 bbls.. 560 feet.
s \\\ s oil Co.'s No. 2 Waggoner,
250 bbls., 1.610 feet.
" xa ( o.'s No. 3S Morgan, 125 bbls..
1.616 feet. *
'sntne company's No. 36 Morgan, 160
bbli., 1.617 fcet.l
No.
Tex noma Oil & Refining c
Daniel, 55 bbls., 1.290 feet
l ulled Drilling Co.'s No. - George
350 bbls . 1,620 feet.
Welmer Oil ci.'a No. 2 Morgan, 22 <
tbls., 1,6!0 feet.
Western Star Oil Co'a No. 2 T r lot
175 bbls , 1,616 feet.
Wcodbutn Oil "Co's
185 bbls, 1,600 feet.
Morgan,
I
OPERATIONS IN
WALTERS FIELD
WALTERS Okla . March 6. - The
National OH company brought in No. 3,
a 20o barrel producer, iu 6 2-10. Several
wells are on the and and will be com-
pleted by the end of the week.
Mt Man No. 3 Ih bringing in No. 10
on the B. F. Priddy farm in 4-2*10.
Mt .Man has set casing in a well in
10-210.
A good showing Vif oil has been r.
ported in a well in 16-1 .
Middle States Oil corporation U set-
ting 6 3-16 inch liner in No. 1 in 9-2-19,
to shut off salt waller
Permian Oil and Gas company is
bringing In No. 2 in 5-2-10, with a good
showing of oil.
The Daw-Bell company has a new
derrick In 5-2-10.
McMan Is drilling No. 5 and No. 6 in
4-2-10.
Humble Is rigging up in 4-2-10.
Parker et al. have derrick up for No.
7 In 6-2-10.
National Oil company is erecting
new derrick In 7-2-10.
A now derrick has been erected on
the Miller farm in 11-2-11.
McMan has derrick up for No 14 in
the 4-2-10.
Middle States Oil corporation No. 1
in 2-3-11, drilling at about 2.400 feet
Lokev Oil syndicate No. 1 in 34-2-11.
is drilling at 2.500 feet.
Chapman Is rigging up for No. 1 in
24-2-11.
Simack Oil and Gas syndicate No. I
on the McKittrick farm in 28-2-11, is
drilling at 1,700 feet.
Fidelity Company
Manager, and
New Oil Corporations
Chartered in Oklahoma
Houston retroleum . onipany, Tulsa;
Klton B. Hunt, H. R. Williams, W. L
h'agleton jr., all of Tulsa, incorpora
rs. Capital $10,000.
B'ue Bird Petroleum company, Tul
sa; II. S Reames, .!. R. Cleveland, F.
Harris, Incorporators. Capital
$100,000.
Hallson Oil company, Pawhuska;
R. I Hall. .1 L. fT«*ri, Jesse J. Werten,
all of Pawhuska, incorporators. (Jspi
tal #75,000.
k^en advertiser is urged to use
the •lassitied ad columns of the West
ern :)il Derrick. These .little want ads
cost only live cents a line and they
get the business.
HERINGTON, Kan., Ma/ch 6.—All
over the proven oil fields of Kansas
men are seeking leases. Big compan-
ies are seeking leases. Thr> rush is on.
Men battle for valuable, acreage. The
cry of OIL is in the atmosphere of
southern Kansas, and leasing goes for
ward at a rate which amazes the timid
• itizen.
Strong oil corporations are investing
heavily in ihis section. Among them
is the Fidelity Oil and Refining com-
pany of Wichita, which cori>oration
has a vigorous board of directors, and
I the active management is in the
hands of C. H. Reser, a Kansas pro-
duct, and a young man who has seen
the oil development of Kansas create
a new group of millionaires.
The Consolidated Company.
The Fidelity Oil and Refining com-
pany Ik a consolidation of the Big
Mend Oil and Gas company, the An-
thony Oil and Gas company and the
'Anthony Casing syndicate. H has a
. apltal stock of six hundred thousand
dollars, consisting of six hundred
thousand shares, with a par value of
$1.00 each. The consolidation was
formed for the purpose of operating
J oil and gas leases and to build and
| maintain oil refineries, condensers,
pipe lines and other plants connected
'directly or indirectly with the oil in
dustry.
j The company owns and controls
approximately ten thousand acres of
leases, it has eight producing oil
wells and one gas well; these wells
ore all located in tho shallow field,
which field is noted for the long life
of Its well* it is the intention of the
coni|Kiy to eithor build or buy a re-
fii^'v in the near future; however, nt
Chooses Active
Plans on Big Scale
the present time the officers will de-
vote all their energies towards de-
veloping the leases they now hold.
No Stock for Sale.
None of the stock of tho company is
being offered for sale as It Is the In-
tention to sell enough of the holdings
to pay for drilling the test well in the
Herington district, and alBO to carry
on a drilling campaign in the shallow
field acreage. Stock in the companies
that were consolidated had been off
the market for some time and indi-
viduals had been turning their stock
for as high as 3 for 1, and in some
cases even higher.
When the company is ready to build
that operators will be getting in the
neighborhood of $5 a barrel for Mid
I Continent oil.
ReSer Joins Company.
When the Fidelity company looked
around for a live wire type of young
man to go out in the field and direct
the big show, Charley Reser was
picked. Mr. Reser knows Kansas. He
understands what is going on In the
oil industry. He knows the great pos-
sibilities of petroleum in Kansas. So
he entered the service of the Fidelity
company to be the man who should
stand on the coaching lines to see
that success came to his team.
Mr. Reser was born in Sumner
county. Kansas, and moved to the
Oklahoma "Strip" in '95. After gradu-
ating from the public und high school
e finished a course in Phillips uni-
ersity of Enid, Oklahoma.
I refinerv there most likely will he J '«* (irsl experience was
I limited amount of stork offered for |«i"> the Wichita Ford distributor,
sale. It. Is very unlikely, however.: who "■"> 1,1 thal tlme and ,or 8everBl
'that this will be sod at par. as It is 1 >' rs following the largest automo-
'believed that the stock will he in de I'He distributor In the west and middle
inland at a much better figure at that weBl-
time: the production at the present Ge,s Pr°t"oted.
time justifies this statement, and In, Mr. Reser proved from the start a
I view of the fad that drilling oper- j valuable employe to the- company, and
ations will be resumed and all drill-,''Is ability was quickly recognized by
ing, with the exception of the test ibis employer, being made assistant
well in the ■Herington district, will be 'manager within six months after his
done on proven acreage, it does not
I seem possible but that the stock will
[be in demand at several times par.
, With oil selling at the present price,
a production of only one hundred bar-
| rols a day means a gross income of
' $127,000 annually.
I Acreage today Is selling at the rate
,of $3,000 to $3,500 a barrel, dally pro-
J ductlon; this would make one 10-
ibarrel well wfrth from thirty to thirty.
(five thousand dollars. There Is every
reason to believe that within six
months -these prices will have ad-
vanced to five thousand dollars and
employment. He was always on the
job just a little ahead of the other
fellow and stayed up "till the last dog
was dead."
At the age where the average man
still holds a minor position he was
made manager of tfce company at a
salary to exceea five thousand dollars
a year. Mr. Reser is a doer as well as
a dictator;' a combination rarely found
in one makeup, and in addition to thi,s
advantage is a natural and practical
mechanic.
A Good Mixer.
Early in his career he saw the ad-
THE REED TUBE COMPANY
? 909-910 Oil Exchange Bldg. Oklahoma City, Okla.
% OIL WELL CASING
t TUBING LINE PIPE
V BOILERS
| STORAGE TANKS
X TANK CARS
Try Reed Service--It Satisfies
t Phone—Long Distance, 457. Phone—Local, Maple 5420.
vantage of being able to meet and
make friends with the public; a fac
ulty which he now enjoys to a marked
degree.
Energetic, artibitious, Charlie Reser
has now found his proper sphere the
oil business, where accomplishment!
have no limit. He expects to go high
up In the industry as the Herington
fields blooms into prominence.
Oil Men Turn to Thoroughbred
Race Horses For Days of Sport
NEW YORK, March 6.—Oil has
given racing and the thoroughbred
breeding industry of the United States
its most recent millionaire accessions.
W. V. Thraves, who makes Lexington
his headquarters; Harry F. Sinclair of
New York, Edward F. Simms of Lex-
ington and Houston. Henry A. Porter
of Tulsa, J. S. Cosden of Tulsa, and
Montford Jones of Oklahoma, all have
in the last fifteen or twenty years ac-
quired their fortunes in oil production
in Texas, Louisiana, Oklahoma and
Kansas.
No group of men who have come in-
to racing in the course of the last
twenty-five or thirty years have, In a
given time, done more than these six
to stimulate production by a generous
expenditure of money. They have
bought liberally at the yearling sales,
they have created new values for de-
veloped racing stock, and all of them
have either embarked in breeding en-
FISHER COUNTY REGION, TEXAS
HILL GEANTICLINAL FOLD
(present development)
ay//esxAy fia/tc
('o/j/stzed
Ae/s- S S/fafter
<Zr.x/'
K H. BEHNtTT HAPPIH6 CO
311 i^aik jrr -*^r wdeth- tix
The above map shows the tremmduus -rarch for oil ifoinp? on in Fisher count'.. Texas There are nou 12 wells either drilling or
"nKKinE 1> to dr!1! in Fisher count;. It is inferesting to note 'hat beforr the "Hill Geanticlinal Fold" was detaarked and niaj.t.H le-
than a year ago. not a well was drilling in the county. The 12 wells drilling represent an outlay of capital of over three-quarters of a
million dollars and the companies operating represent some of the largest financial interests m the United States. All of the wells
have been carefully located with reference to structural conditions and the coming summer will likely witness Fisher couim among the
large oil producing counties of 1 exas.
it
Iterprises or have planned to do so.
Pays $24,500 for Colt.
Thraves paid the second highest
price for a yearling obtained by the
I auctioneer of the Fasig-Tipton com-
pany at Saratoga last summer when he
bid in at $24,500 a bay colt by Ultjmus
out of Tzarina, she a daughter of King-
ston. at the sale of the budding racers
; offered by Keene and Head of Ken.
j tucky.
i Sinclair, whose racing guide, coun*
sellor and friend is Samuel C. Hll-
Idreth, did not in 1919 buy any year-
! lings. But he paid $16,500 for thfl
j Peter Quince 2 year old Dominique at
Belmont Park in May and had the
satisfaction of seeing Dominique win
the Walden stakes at Pimlico in No*
vember. Sinclair's stable—or Hil*
dreth's, for Sinclair's horses race under
| the Hildreth silks—is made up mostly
'of horses purchased after they had
| been developed by others, notably
Purchase, Cirrus, Lord Brighton, Valor,
Corntassel, etc.
Lets Others Take Gamble.
Hildreth was never much of a man
for developing yearlings. It is not
that he can't do it as well as the next !
man. While he trained for Maj. Au-
gust Belmont he developed Friar Rock,
Hourlesp, Mad Hatter, Fllttergold, and
half a dozen other more or less famous
colts. But he haB always preferred
to let others take the gamble on year.
ling stock.
His and Sinclair's willingness to pay
handsomely for good horses developed
by others was evidenced a couple of
seasons back when he paid $12,600 for
the then discredited Purchase and $25,-
000 for the promising Tracery colt
| Cirrus, anr' lasts year by the purchase
I of Valor, Dominique, and Corntassel.
McClelland Not on Tracks,
j Simms, through «T. W. McClelland,
I has been an active buyer these two
or three seasons at public sales and
privately, but he is not doing any
racing. He retains a rooting interest
in the McCelland stable. His principal
concern is in breeding. He has estab.
lished a thoroughbred nursery at Xal-
apa farm near Paris, which in a few-
years is likely to become one of thj
most prolific in the entire country, in
his younger days Simms took the keen,
est interest in racing. He developed
famous horses in The Kentuckian and
The Puritan. Being Blue Grass bred
and consequently a horseman, he han,
bought mares and stallions with dis«
crimination.
Jones, of Oklahoma, permitted him-
self the luxury of paying $9,000 for a
yearling by Light Brigade offered in
New York City at the sale of Senator
Johnson N. Camden's Hartland farm
yearlings. But, like Hildreth, Mr.
Jones seems to prefer broken and
trained stuff.
Cosden Is Parr's Partner.
Cosden, whose name has long been
associated on the stock exchanges
with one of the most successful oil in-
dustries of Oklahoma, has for several
years been identified with horse rac-
ing as a partner of Capt. Ral Parr of
Baltimore. He is half owner of all tho
horses that race under the silks of
Capt. Parr and he and Parr had some
good ones running last season.
Porter broke into racing a couple ofc
seasons back with Pride of India. Higli
| Time. My Friend. High Born Lady,
and Pastoral Swain. He won the Great
American stakes of 1918 at Aqueduct
with High Time. Pride of India, an
own brother of Dominant, for which
he turned down an offer of $25,000 at
Saratoga a year ago last August, has
been a disappointment. He has de-
veloped heart trouble. Probably he
will n«*vor race again. But Porter has
j brought several young horses over
Horn the other side and will race them
next season.
CARTER IS LUCKY
OKMULGEE, Olile . March 6. Th«
i iripr Oil Co. got a surprisingly good
e" In ItB first ono 011 the Hope farm,
southwest corner of section 2-15-10,
Creek county. The well offsets a 75-
I'lil. producer, but at a total dejth of
2.11« feet It started flowing 425 bbls.
a day and kept it up for 48 hours, at
which time this report was made on lt;
rile company did not anticipate any
such well, because of the performance
of the offset, hut It only show., the
surprises that await an operator in
«'«n hlp. which promises to bo
one of the best poola In the state and
which lus, at present, close to 60 rigs
and drilling «, l3 within its borders.
1 'ic ke.'n advertiser is urged to us«
the rluulOtd ad columns of the West-
ern Oil berriok. Theae llVlo want ads
cost only nVc cents a line and they
iet the business
A
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Bisbee, Sumner T. Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 10, Ed. 1 Saturday, March 6, 1920, newspaper, March 6, 1920; Oklahoma City, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc152208/m1/4/: accessed April 19, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.