The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-02-06
Stratum Which Produces Gushers
Two Hundred Feet Thick.
FEDERAL CRUDE WELL STILL BORING
Syndicate Being Organized to Purchase
the Trenbly Claim Against Certain
OF the Companies.

Beaumont, Texas. February 5.-of all
the wells sunk on Spindle Top not one has
yet determined the depth Of the oil sand,
but a drller, who has perhaps put down
more wells than any other man in the
field. said to The Post correspondent this
afternoon that in his opinion the stratum
OF sand from which the gusher aow comes
is not less than zoo feet thick. He said,
in fact, that he was practically certain
that such is the case In the early days
of Development it was reported that Ger.
tain drlller had drilled through the oil
sand, but the report proved to he untrue.
~
The deem well which is being drilled on
the property of the Federal Crude oil com
pany about GOO yards southwest OF the Lu.
cas- well. has reached depth OF 24OO feet
with sl1-lnch pipe. The drill is st'u
going down, and the companies interested
In the well intend sinking it to Us great
depth rs possible or until oil is found.
This is the deepest well In this locality
49,
The large amo q of litigation that has
developed since Spiudle Top became so
valuable has cost many of the oil com-
panics considerable sums Of money and
Aas, NO doubt, in several cases prevented
the debating Of dividends by companies
which would otherwise have done so. one
or two companies have bought on what is
known as he Trrmhy claim. and it is re.
ported that syndicate is about 20 pur-
chase this claim against those companies
when bavc not settled with 3ir Trembiy
and others
1t is believed here that the fight OF the
Insurance companies against Beaumont oil
as fuel will have very little force or ef.
feet The saving incident 10 the use OF
oil will overcome any ordinary obstacle in
the way Of It's adoption by Texas fuel
users and It Is confidently predicted on all
'id5s that the insurance interests will have
To- r"c"tc frem thr position they have taken
In the matter The fact that hundreds OF
ha'lel- OF naptna, gasoline and kerosene
are stored in every town In Texas, and
nat no protest against such a practice
has been made hy the Insurance interests,
Is convincing proof TO Beaumont oil men
that there is something else behind the
nc'ion OF the insurance men besides the
fear Of additional risk incident TO the stur-
Ing Of crude oil in Texas cities.
W. p Sturm, a contractor who has been
at work IN the deld since development be.
gan, has received 4 specially built drilling
machine with which he intends putting
down Il twelve-nch well. He will start
with an elghteen-inch pipe, reduced to a
fftecninch, and. II his anticlpations are
realized, will drill into the oil sand with
a twelye-inch pipe Each part OF the ma
chine is built specially for the work foi
which II is intended and Mr. Sturm IS
confident that he can bring In a twelve
! inch well.
| The Yellow Pine oil company has sold e
l.. L. Carroll a small tract in the Yeacl
survey for $500
| James w. swayne, trustee, has sold e
| Fred Hartel tract in the veach suryel
| for $500.
! The Brtton- Eastman Brokerage company
| has sold a sixteenth OF an acre In the Neact
| survey to Walter \. Haskell for $4,000,
| Forster Rose. trustee, has sold small
! tract IN the Veach survey 10 r. G. Dayli
! for $3.50.
II. E. Pennington has purchased one thir
| tr-soCOnd Of an acre In the NeaCh survey
Of James w Swayne for $1,000.
! I'd Mccarthy has sold TO the Success Oi
| company small tract in the Veach unt
| two acres in the Pcvit survey for $500
| The quotations on the Beaumont OH Elk
change today were as follows: