The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-01-11
Review of What Has Been Done at
beaumont During The Past Year.
L Kindred AND FORTy.ONE SpOUTERS
-. Been Brought in and Five and
Quarter Millions Barrels of Oil
Drawn from Ground.

81 oii In Beaumont is just one year old to-
g, hpt during that brief time it has so
"a ntr enthroned itself that all else bows
hYfore H.
H. men and the money necessary to
ii Storm a bald prairie into the worlds
ratest oil Geld within the short space
81 ,uelve months have brought the great
IA nossIble measure of prosperity and ad.
x.ncement to Beaumont, and tonight the
N lions arc celebrating this prosperity in
"a Informal way at the rooms Of the Beau
AM oil exchange and board of trade.
t. swift has been the development that
!, Is impossible 10 give anything like
stotstlcal review of Beaumont's first year
Il oil for IN most particulars the statistics
ia not ohtainabe
MWithin 365 days from the discovery of oil,
in gigantic oil spouters were brought In,
IN the following estimates and actual
4fatistics may serve to show something
Ringing about the unprecedented results
tfat have been achieved In this field:
Hon the oil field and at nearby points
stout 81, 125, 600 has been paid out for labor
None The pipe used In the drilling of
liz wells cost approximately another mil.
Inn. and the 40 miles Of pipe line repre-
sfnts an outlay Of about 100000. Thirty
thousand dollars worth Of lumber was used
ri the construction of the derricks in the
MID Tanks sufficient to hold nearly 5000
an barrels of oil have been completed, and
Mil as many more are being constructed.
"a conservative estimate of the amount
al money expended for development would
BIZ about 100000, and the fact that this
mount OF money was put into wells and
Nclltles for storing and marketing oil dur
I1g one year iustites the assertion that
&indle Top Heights has been me busiest
MOI on earth during the last twelve
7|The proved field is now about 235 acres
d extent. This land Is being sSl now
qfly In small tracts, from a space barely
Irge enough 10 sink well to half-acre
tfacts. The price varies widely, according
q the size Of the tract One very small
uact was sold recently at price equal to
10000 per acre, and none of the larger
rfactS bring less than 100000 per acre
..ogtside Of the proved field the price Of
Iand varies according TO its proximity to
be field Some land was sold in the Bull
Nck survey recently for $1,000 per acre, but
tiat was rather high figure.
%The shipping Of oil, though seriously
Blown remarkable growth, and there are
bw the brightest prospects for the greater
Eowth of the business.
AThe FIRST car of oil went oUAAof the Beau.
nont field on March 8, 1901. Shipments
slnce that date are as follows:
March 10 October 31..... 4,369 G76,iN5
November 1 10 Nov 20. 2,227 35l,9S3
becember 1 to Decem. 81. 3,050 474,7Ao
hnuary to January TO-. 655 1923
-----
& Total ...... .1O,3O1 1853. 202
XTo show the amount Of oil taken from
IN wells, the following estimates may be
sadded to the number of barrels shipped;
i Barrels
used for various purposes in the
xneld and In Beaumont. .. 100000
Y now IN storage tanks. ....2,5 100000
w wasted, including that which
noWed from the Lucas and other
&WehS before they were capped 1 100000
RTIotal ......,........,..........s, 800. 900
HI these estimates are not too large. and
Y is believed that they are conservative,
" enormous quantity Of 5,233 POP barrels
OIL nave been drawn from the magic
Hplldle Top since January 10, 1901.
ABOUT seventy FIVE wells are now being
Qllled on proved territory, and new wells |
In being contracted for every day, but
4lless the field confines TO grow in extent |
Rere will. Of course soon he falling on |
a me number Of new wells started Most |
men mink, however, that the proved !
1td mere Will ultimately contain not less |
~ IN Sp or 325 acres. Three or four wells |
= - NV .Nul'u give Euui |
an .ee vi Nldenlng me hcld, one of which |
\ TN ghApected IN at any time.
me growth Of Beaumont has kept pace |
HmI INA OF me oil Industry, and II is |
EGotful II any Texas town ever made |
NV material progress within twelve !
nonthS. Not less than 800 600 worth OF |
E.,ulngs and other improvements have |
Nv w, made ma so. Or contracted for, and there
F Egt no decline in the building boom.
nohoWlng Is the list of wells brought in |
6, snnEo Inc year that has elapsed since tho
Sans yea, hands Stree they were brought in,
~ tney are given here under the names |
which they We're known when they came 1
rne name does not necessarily indicate |
Lucas tMcFaddin No ~
tNS,atlonal No. l.
E,i1;,a na, No. l..
Aiiiggins' No. 1.
Haywood No
4,Gladys No 3.
4 Lone Star and Crescent M
aa1fIlalyS No. 4.
theyWood No .
sHNicFaddn No. q.
33M4cFaddin No .
.Ilogg Swavne M
frtllgglns No. .,
4 oiglmllla
Spindle To2 M
IN Girognd Floor No, 1,
8yyomn{s No 3:
f1enoW Fine No. 1.
y. ox.Josey.
inahhattan No. I.
..fratragh.
1A9gtnemens.
sBeatty
IhAp0rt OIL and Pine Linz