The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-02-12
OIL WORK IN KANSAS
FIELD FAIRLY ACTIVE
Number of Good Producers
Brought In-Failure of Sabine
Company a Surprise.
SOME GUSHERS STRUCK

Special to the indianapolis Journal.
COFFEYVILLE, Kan, Feb. u.-Kansas
oil circles were stirred up to no little de-
gree last Saturday when it was announced
that the Sabine Oil Company. of Independ-
ence. had failed. Astonishment was great
because NJ. i. Lockwood, one of the best
known developers not only of Kansas but
Of Pennsylvania and the Beaumont fields,
was the principal moving spirit of the Sa-
bine Company. Mr. LockwoOd's judgment
and sagacity on business connected with
oil production were watchwords with pro-
ducers and that he should be caught in the
vortex of a financial failure seems almost
incredible TO the many people who have
known and observed him. The assets of the
company are variously estimated at from
$4,000 to $1,000 with liabilities of from
$4,000 to 10000. The company held some
rich leases in the Coffeyville, Bolton, Way
side, Peru and Independence fields, and the
disposition of them will be watched with
much interest. 1t is thought the company
may possibly be reconstructed and may at
some time in the near future resume opera
lions.
Operations have been fairly active in the
various districts of the Kansas field during
the past week. Possibly the biggest and
in last Saturday and shot by the Boss Oil
Company, of Chanute. This well is located
three miles due north of Chanute, in what
is known as the west oil trend. Before 1t
was shot IL was predicted freely by those
who saw the well drilled in that it would be
a big well, as the oil continually flowed
over the top of the casing shortly after the
striking of the oil sand. 1t even, on several
occasions before il was shot, raised a five
inch column of oil clear to the top of the
derrick. When the shot was touched off Ii
raised a solid column of oil to height of
fifty feet above the derrick. Judging from
the present showing the we'll will run about
200 barrels a day. The company has the
we'll connected with the tanks and is fully
prepared TO take of all the oil that
flows from this hole.
The Central OIL Company, of Chanute. has
| just located it's forty-Second well. This last
well is located on the Blackburn lease and
Is a nice producer, averaging about seventy
five barrels. The Central is operating sew
eral rigs on this lease and is meeting with
good success.
The Midway OIL and Land Company, of
| Chanute, brought in its initial well on the
Burghart land, five miles northwest of Cha
mute. Monday The well is proving to be
prolific one, and the company is jubilant
over such an suspicious beginning of its
career. Thirty-hve feet of splendid sand
was encountered and after the shot was put
down the oil rose in the hole over $50 feet
in less than three hours.
The Logan Company shot its No. % on the
Davis land Saturday. The well responded
TO the shot by filling up for 300 feet of its
depth with good thick petroleum. The we'll
has fifty-two feet of sand
The Kansas Crude Oil Company, in which
a number of Indiana and Ohio people
interested, shot its No. 80 Monday after
noon. The we'll is located on the rich pool
underlying the Mann farm. near Chanute.
The well flowed naturally very strong
! stream and is accounted one of the promis-
ing wells of the State. The we'll made
estimation of the capacity at $50 barrels
Operations in the Humboldt field have
picked up perceptibly within the last week.
The wells are not gushers but are nice
| steadily flowing wells The Chanute Crude
/ Company drilled in a nice oiler on the
/ Rothgeb farm, a quarter of a mile north of
1 the city. The well was put down some
/ thing under a thousand feet It's prOduc-
tiveness is placed at approximately TWEEN
/ ty-five barrels.
! The Kansas Minnesota Company brought
| in a good we'll on the Jackson place, eight
/ miles west of Humboldt. this week. The
/ company now has two good wells.
The Penn Company is rejoicing over a
| splendid little well thai was brought in on
| city, on section 16-26-1s, this week. The
/ we'll is located not great distance from
a number of other good oilers and good re-
/ suits expected from IL. The produc-
| ton is estimated at 100 barrels.
In Independence district the activity has
not diminished with the arrival of numer
/ Gus difficulties. But glance at the fields
show that the operations are as slack as
/ they are in all other fields. Business is
not by any means suspended, however.
! Possibly the best well of the week in the
/ independence field is the new one brought
/ I'm by Delaney * Griffin the Donney-
brink farm. The well drilled in the
/ latter part of last week and was shot Sat-
urday. Within fourteen hours after the
| shot the we'll flowed 160 barrels into the
! tank Making all due allowance for con-
ditons, this well should make one of the
/ big ones. say 200 barrels a dag
Hazlett x Reese, who have some of the
best holdings I'm the Bolton field. have just
/ added two more splendid wells TO their
/ string of good oilers. The wells are on the
| Eahart lease and each will run approx
| mately seventy-1ive barrels per day