The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-01-15
VERY LIVELY WEEK IN
THE KANSAS OIL FIELD
Operators Not Disturbed by the
Small Decline in Price and Are
Pushing the Drill.
FAIR WELLS DRILLED IN
,ecial 70 The Indlanapoils Journal.

Special 70 the indianapolis Journal
COFFEYVILLE, Kan, Jan 14-DeNel-
opments have been quite active during the
past few days in the Kansas oil fields and
some very hattering additions have been
made to the territory. There has been no
particular disturbance or alarm among pro-
.ducers on account Of the decline OF 2 cents
in the price OF credit balances. which was
announced the latter part Of last week. as
the prices now paid are averaging much
higher than those usually commanded in n
new country. North Neodesha oil is now
quoted at s11s. South Neodesha brings N.S6
and Neodesha heavy is unchanged at 81
cents.
The limits OF the Kansas field have been
extended perceptibly on suspicion the past
week by the striking of a small oil well
in Greenwood county. four miles north of
the. little village OF Reece. The Southwest
ern OIL and Mineral Company. of Kansas
City. sunk the hole and announces this
week that oil has been struck at a depth
OF 1857 feet. The well was down 10 a sand
stratum and the company fully expects
70 encounter oil I'm good quantities. In case
the oleaginous fluid is found in Greenwood.
in paying quantities. the Kansas field will
be broadened by a score OF miles.
Another little city which aspires to a
place on the oil map, by virtue of the met
amorphosis of a gas we'll. which on being
cleaned out gave forth a good flow OF oil.
Is Fredonia, twenty-eight miles north Of
Cofeyville. Gas pipe lines had been con-
nected with the well and early last week
the gas supply ran low. Investigation
showed that IL was due 10 the accumulation
OF heavy. blackish oil. The we'll was test
ed by blowing of the gas. oil came out
with the gas In considerable quantities and
steadily Increased IN volume until the
ground for forty or fifty feet around the
we'll was covered with the black stuff. The
well will run about thirty barrels a day
without further development, but 1t will
probably be shot.
The big Banks wells near independence
are proving TO be exceedingly paying prop
o~sitions for the lucky farmers on whose
land the gushers were struck. That farm
er. w. l.. Banks, Is having a princely Income
duction Of the first we'll for thirty-three
days, the second for eight days and the
third for three days. gives a total produc-
an average OF over go barrels a day, which
gives MIR. Banks royalties at the rate OF
Smith, Nicely q Co. have n very fine well
on the Shaw farm, In the Skoko pool.
which makes four good producers on the
eighty AGTtt. Inc NO. = OF TINS company
Is one or the best wells I'm the field and by
many Is conceded the palm for best produc-
ton TO date. IL has been flowing for more
than two weeks and is still making better
than go barrels "A day. On the other end
OF the Shaw farm Roth, Argus * Co. have
two wells which are producing about a
tank OF oil each day. making this without
any trouble TO the owners.
The Consolidated OH and Gas Company
has completed its third well on the G.
Metzger farm. in Section II. independence
township, Montgomery county. west OF
what has been known as Skoko pool. and
has another excellent producer. This well
IS located southwest OF No. 2. which was
rated at about 200 barrels. and which is
still producing at a merry clip. There Is a
peculiar feature In connection with the de-
~velopment Of this farm In that the first
venture was, In only a short time from
good production. dry as dust. The other
wells have been very fine producers.
The Elcho OH Company have another
good well on the Banks farm. In the Skoko
pool. Section II, Independence township.
This we'll was a disappointment when first
drilled In. but had a considerable volume of
gas and when tubed and packed began to
flow at a lively pace. IL Will make better
than a hundred barrels a day. and the
four wells are now making about three
tanks OF oil "A day. The production last
week ran TO twenty-five tanks. which is a
pretty good record for four wells on a forty
acre tract.
NJ. l. Lockwood. of Zelienople, Pa, has
been rushing work on the A. Swearinger
farm, in Section 5. Independence township.
just south OF the Walker mound. He got Ii
on one-third royalty. and started building
rigs as fast as the rlg-builders could get
them up. This was during the shutdown
for want OF water. and now that things are
again moving smoothly. he is drilling them
in quite as rapidly. Nos. 3 and 6 are show
ing UP for very fair producers, but strange
10 relate. No. Z. on the east edge of the
farm. did not have an inch OF sand, and can
be ranked with the dustiest of busters.
There is quite a drop I'm sand-in fact II goes
out OF sight for a few hundred yards at
the eastern edge OF the Swearinger farm,
and IL was this drop that Nicely a. Glover
hit when they drilled on the Elliott farm.
The Elliott we'll is just one location south of
the Swearinger south line and two locations
from the buster on that farm. The joyce
farm. adjoining the Swearinger on the
north. is producing plenty Of oil and there
are several excellent wells within a radius
of a half-mile, but the last Swearinger
failed 10 make connection.
The Peru Oil and Gas Company has a
fine oiler on it's holdings at Peru. just over
the Chautauqua county line. The well was
shot Saturday night and is reported to be
a 15O-barrel well.
The Mission Oil and Gas Company. Of
Coffeyville. marketed it's first oil on Tues
day. The oil was the result of two DAVIS
flowing from two wells in the little town
OF Peru. and consisted Of 800 barrels OF
high-testing oil.
HOTCE CONCTRHCTED