Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 26, Ed. 1 Saturday, June 26, 1920 Page: 4 of 4
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now on :
SAN DIEGO. Texan. June 26. A
deal was closed recently whereby a
group of New York and Boston capital-
ists purchased from the Duval County
Mutual Oil and Qas association leases
agnregatlng 2.300 acres in Duval
county, offsetting the deep test well
now bi-ing drilled Dy that association.
The contract with this group, T. S
Roota of the Duval Mutual states, calls
for the ttartlng of development within
three raon'hs which will include the
sinking of not less than two testa on
The land leased by the Duval Mu-
tual is on the Garcia ranch, some six
miles southeast of Realltos and within
a comparatively short distance of the
Empire's deep test in Duval county.
BOY BIG ACREAGE
Holmes 4 McGee. Tulsa opetrators.
have acquired a large block of'lf^aaes
along the Pecos river in Eddy county,
■which will be tasted out at once. Part
af die drilling machinery is now on
the ground and at least two teBt wells
will b® started ill the next 60 days.
Mr. McGee haa.Just been on a tour
of Hwpectlon over their block of acre-
and appeared highly pleased with
structures and other indications.
. James D. Wartl, one of the befct
known oil operators in Oklahoma Is
l ssoclnt«d with these people and will
shortly make a trip to New Mexico
'to go over the newly acquired hold
tags. The structures selected bx
Mesera McGee 4 Ward is considered
one of the best in the Pecos VJalley
and It Ib thought that a big oil field
Wtu be developed here during the
Eddy county leagls all other eastern
New Mexico cduntles in the number
of wells actually drNlIng derrick* up
and locations made. This Is due In a
great part to the excellent showings
which have already been made In both
wells of the Illinois Producers com-
pany drilling souttf of Artesia near
Ijekewood and Daytog. Also many old
artesian wells have sliown that*oll la
in the county and In addition there
are many places In Eddy ooainty
where out-cropphigs and seepages can
be seen on the surface.
All in all the southeastern counties
of New Mexico s«am to have the Jump
on the other counties and It Is the
opinion of experienced oil men and
geologists that a commercial well
will be brought In some time (during
the next six month*.
ft — 1
CEMENT, Okla.. June 26.—Ramsey
Brothers No. 3. 8urV erk farm in the
southeast corner of 3*on 9w, is com-
pleted for a 13 barrel.well from 2.376-
Oil Boom Hits Arkansas
The Title "Mysterious Stranger" Might Well
Be Applied to Arkansas
On the west the mighty oil empire of Oklahoma has produced
a billion barrels of oil.
On the south, Louisiana is an oil wonder, making millionaires
by the score. Arkansas joins both marvelous oil states.
Leases can be bought in Arkansas right now at prices that will
appear ridiculous in about twelve months.
The oil boom is sweeping into Arkansas. Wise men are snap-
ping up great tracts of leases.
One Oklahoma oil corporation bought 58,000 acres.
Are you, Mr. Investor, going to sit idly by and let all the good
things get away?
The time to buy oil leases is ahead of the drill. After oil shoots
over the derricks at the rate of a million barrels a month, it is too
late to participate in the good things.
Wise men are acquiring oil leases while prices are low. These
same wise men will sell these oil leases next year at a hundred dol-
lars or a thousand dollars an acre.
They Are Buying the Stuff At
$1.00 An Acre
40 Acres in Pope County, Arkansas
For $1.00 an Acre
40 Acres in Logan County, Arkansas
For $1.00 an Acre
40 Acres in Johnson County, Ark.,
For $1.00 an Acre
There are twelve tract3 of this acreage. It is about the same
kind of stuff that was sold at Ranger three years ago at $1 an acre.
Ranger leases now can be bought at $10,000 an acre—if the owner
needs money badly.
The rental on this Arkansas acreage is $1 an acre but no
rental is due until next May.
If any of you unlucky investors got left when the Ranger
boom started, you might look into this Arkansas acreage.
One year from today you will probably shed tears if you let
this get away. The Ranger boys that laughed three years ago are
still poor. The wise boys picked the Ranger leases and now pay
huge income taxes.
Red R iver Leasing Company
1041/2 WEST MAIN STREET
OIL MEN RUSHING
TO WISE COUNTY
FORT WORTH, Texas, June 26 —
The recent drilling activities in Wise
county have caused much concern
throughout the state of Texas and the
report of the Keystone well on the
sand at 1,500 feet has caused prices
| to go soaring skyward.
I H. A. Stiles, oil operator of Fort
i Worth. Texas, has made a tour of Wise
county bringing with him a number
of capitalists and geologists to pass
upon the possibilities of new develop-
Mr. Stiles has recently taken over
10,000 acres lying west of Cottondale
and will resume drilling on the Old
Union Oil company's site. This hole
was drilled to 884 feet with a rotary 1
rig, at which point a showing of both j
gas and oil was encountered and for j
some unknown reason activities ceased
but Mr. Stiles with the determination
and money behind him is going to test
out this structure and gives out the
information that he expects the oil at
another 100 feet. In addition to this,
I Mr. Stiles promises a new rig within
the very near future, starting with a
24-inch hole prepared to go to the
deeper sands which underlie the en-
| tire western part of the county.
j The Bridgeport Lubbock Oil com-
pany is drilling away at 2,500 feet;
the Carey No. 1 is drilling at 1230
feet; the Bridgeport Oil company's
well is drilling at 1,080 feet; the Key-
stone well on the sand at 1,500 feet;
l'rairie Oil and Gas company, south-
western corner of the county drilling
at 800 feet, and together with the
drilling activities in the northern part
of the county has caused the residents
of Wise county to believe that they at
last have been placed upon the map
as having a real oil field
BEHIND THE SCENES IN
Footpad—"Hand over your money."
Victim—"Certainly, my good man.
Now I don't want to be personal, but
you've got the very face I want for
my new film, 'The Bad Man of Crim-
son Creek.' I'll give you fifty pounds
a week for an exclusive contract.
Can I tempt you?"
BY BYRON T. JOHNSON
WALTERS, Okla., June 26.—Four pands by systemati
boom. Development of this field has
■ been conservatively progressive.
I Each week brings from two to five
j new wells and a corresponding num-
| ber of new locations. The field ex-
Western Oil Derrick Want Ads get
the business, and the cost is only sixty
cents an inch.
new oil wells with average daily pro- drilling-out of proven acreage rather
duction of 100 barrels and a 10,000,000 'han by wildcatting.
foot gasser were completed here All j Conservative development has given
of this week's (completions were in the an unpsual degree of stability to the
Main Field northeast of Walters. oil industry in the Walters field.
Increased activity in the Northeast Although the county records show
Field 1s dti*> to! ., substantial number of lease and
1. Obligation of producers to drill royajty transfers each week, the lease
in order to retain leases of certain . . in
I hound is conspicuously absent in
2. Added stimulus to production i ^alfflrs
caused by the completion of several j Walter, has never hart a Rag Town
good oil wells in practically new ler- nor the romantic lawlessness which
ritory. has so enriched the magazine literature
It is an interesting fact that the, on rag towns, Walters industries and
Walters field has never had a real ! the buildings which house these in-
Love, Kindness and Courtesy
Dear Sir and Kriend:
Did you ever answer a great question when you were a little boy or girl
in school? Of course you did. and the teacher praised you before the audience.
Now we are all grown, well educated men and women, full of courtesy
and kindness toward our fellow man.
The human eye is like an electric spark and is th ertiler of the universe.
The vahie of the human eye is beyond the reach of figures. If we all were
blind this world w<*dd be of no use to us and would not exist
The Liberty StaMie in the New York harbor is still holding aloft the
torch of freedom, kindness nad brotherly love over the Red. White and Blue.
Over a million boys, Young American citisens. responded to the call of our
government and left the United Mates to fight in France for the freedom
of all nations.
These boys AI.L willingly offered their lives for our freedom. Many
never returned to their loved ones, but died on the battle field. Many came
back crippled and disabled to such an extent that life is not a pleasure to them.
The-e young men have given an arm. leg or eye for us and our freedom.
Now they are hack among us and we should do our bit for them.
We are willing to do our bit. and here is our proposition : We are buying
a 640-acre oil lease in Lipscomb County, Texas, and are w illing to turn this
Mfl-acre oil lease over to those crippled and di abled soldiers, who so faith-
fully fought for "Freedom for all forever "
We have on hand about 15f\0f*> Texas State maps showing every oil field
in Texas also; every drilling well, railroad town and every county in the
State Mso shows the name of every Oil Company represented in the Texas
oil fields and their producing wells.
The map is 24xi6 inches and is worth the price. We offer you these
maps as above described for $1 00 each You can at your own convenience
buv many as you wi^h The money obtained from the sale of these maps
will b< dei>osited for a drilling fund to drill one or more wells on the 640-acre
tract for these crippled and disabled soldiers
If we strike oil in paying quantities in the first well we will be able to
PATRIOT OIL &
pet 500 wells drilled on this 640-acre tract, and if we should be lucky enough
to get 500 producing wells drilled on this land the daily production, at the
low estimate of 200 barrels per we'll, would bring an increase of $300,000 per
day.or an average of $4.00 per day for every disabled soldier in the United
When you receive the above described Texas State map. you will be
convinced that you made a good purchase. 1hi map is worth the mones
you are paving for it: and besides, your dollar invested in these maps will aid
in the drilling and completion of the first well on the 640 acres for those
Kindly cut out the enclosed coupon and return same to us with your
check for $100 for each map as above described, and upon receipt of your
check we will at once forward the map to you postpaid. V ou have lots of
friends and associates who gladly do their bit and buy a few of these maps
to help in the financing of this enterprise.
On August 1st, 1920, we will forward to every investor a statement of
the number of maps sold and the names of all investors who responded to the
call of this great enterprise. We will also forward every investor a bank,
statement showing the amount deposited for drilling funds.
Don't delay. Cut out this coupon today.
Yours truly, ,
PATRIOT OIL & GAS CO.
■MM Taylor St.,
T. O. Box 662. Amarillo, I exas.
Referenre-rFirst National Bank.
PATRIOT OIL A GAS CO., \
304 Taylor 8t.
Enclosed please find check for $ for the Texas State map?
showing al oil fields in Texas, also every drilling well, railroad cities and towns,
counties and oil companies represented In the Texas Oil fields
I understand that the money from the nale of thes* maps. after expenses
are paid will go into the drilling fund to drill one or morr well* on the 640
acre tract for our disabled soldiers of the world war 1 also understand that
d-'illing wll: be comment ed as soon as enough maps are sold to Pa> for the
first oil well to be drilled on the 640 acres of land in Lipscomb County. Toxas
tw ~~ ------ -
—-yr. _ "
dustries impress the visitor with their
Completions and Drilling Report
Margay Oil Co. completed No 2 in
the northwest corner of the NE quai-
ter of SE quarter of section 32-ls-lOw,
which produced 172 barrels during the
first 14 hours. This is in territory
opened up by the completion of John
C. Keys No. 1 Kincade.
McMan completed No. IB B F. Prid-
dy in the southwest corner of the NW
quarter of SE quarter of section 4-2s-
lOw, estimated production 75 to 100
Carter Oil Co. completed No. 2 Lind-
sey in the NE quarter of SW quarter
of SW quarter of section 27-ls-lOw,
estimated 100 barrels a day at 2145
Texas Company completed No. 9 in
the NE quarter of NW quarter of sec-
tion 4 2^-10w , which is swabbing 65
barrels at 2152 feet.
John C. Keys completed No. 2 J. M
Boldman in the NE quarter or SE
quarter of section 28-ls-10w, a 10-
million foot dry gasser at 2115 feet.
John C. Key8 No. 6 Gross in th®
center of the east line of the SE
quarter or NW quarter of section 26
ls-10w, standardizing at 2,147 feet.
John C. Keys No. 1 Gross in the NE
quarter of NE quarter of NW quar-
ter of section 26-ls-lOw, drilling ai
f 2,265 feet.
' John C. Keys No 11 Bills in the NE
' quarter or SE quarter of SW quarter
.of section 33-ls-10wt drilling at 2.00C
' Margay No. 1 in the NW quarte,
• of NO quarter of SE quarter of sectior
32-ls lOw, casing set at 2,098 feet.
John C. Keys No. 3 J. M. Boldman il
the SW quarter of NW quarter of S^
quarter of section 28-ls-lOw. flshinj
j at 1,850 feet.
John C. Keys No 2 Schwalbe in th*
NE quarter of section 26-ls-lOw, drill
lng at 1,200 feet.
John C Keys No. 3 Tillery in thft
SW quarter of SE quarter of NE quar
ter of section 23-ls lOw, drilling at
Lone Star Gas Co. No 5 Schwalbt
In the NW quarter of NE quarter ol
section 26-ls-10w, casing set
Lone Star Gas Co. standardizing No
4 Schwalbe in the NW quarter of NE
, quarter of section 26-ls-lOw.
Lone Star Gas Co. setting casing in
No. 1 Ellis in the NE quarter of SW
quarter of section 27-ls-lOw.
Parker standardizing No. 4 Pink in
thf NE quarter of SW quarter of NE
quarter of section 32-ls-lOw. at 2,070
Hamon standardizing No 2 Lindsey
in the SW quarter of NW quarter of
SW quarter of section 27-1slOw
Hamon No 2 Fink In the 9E quartet
of NE quarter of section 32-ls-lOw
drilling at 1900 feet.
Hamon No. 3 Fink in the SE quarter
of NE quarter of section 32-lalOw
drilling at 600 feet.
Invincible Oil Co. No. 3 J. O. Rob
erts in the northwest corner of the
SE quarter of SE quarter of section
•.'R ls-lOw. drilling at 1.000 feet.
Margay No. 3 in section 32-ls lOw.
| drilling at 100 feet.
' Margay No 4 in section 32-ls-lOw
| drilling at 1.600 feet.
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Bisbee, Sumner T. Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 26, Ed. 1 Saturday, June 26, 1920, newspaper, June 26, 1920; Oklahoma City, Oklahoma. (gateway.okhistory.org/ark:/67531/metadc152257/m1/4/: accessed September 22, 2018), The Gateway to Oklahoma History, gateway.okhistory.org; crediting Oklahoma Historical Society.