Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-11-15

Nearly five thousand acres Of land.
.,,ost in one continuous block has
IN bAen secured under twenty yeal
,,eo In the now Aisondes oil field,
tns,ontv-five miles north Of here, by
IN e'ol and Mineral Lease and Com
80 Of Pecoe, Texas. +.
~ Johnson, Vice president OF the
pooos hank Of Peeos, Texas, and j. e
prowu OF Houston, Texas, who have
hsen acquiring options and leases on
~. nroperty, say they represent oil
interests capitalized at a hundred
n,alion dollars. So far the Texas
aonnanv as such, has had no osten-
NM mart in the negotiations and
whether or not their interests are also
ranresented by these men annot be
stated positively as yet. 1t is certain
mat Messrs. Johnson and Brown mean
mginess, represent heavy interests
.nd are satisfied that the Alsodones
ot field will produce millions of bar
rels yearly if properly exploited.
one thousand acres has been secur-
cd under lease from an association OF
fWenty-one Albuquerque locators near
Aleodones, adjoining the TETON grant.
Two thousand acres Of the TETON grant
have been leased and the ~Algodones
Petroleum and Pipe Line company
b,s leased one hundred and sixty
three acres. al its holdings, including
an lis bindings and machinery and
water rights. Or. J. II. Sloan Of
Santa ZEE has leased the company l.
200 acres, including the Sloan coal
fields.
The company is understood TO be
negotiating now with Il number Of
ather locators who have small hold
ings in the block desired to be ac-
qlired
An the lands leased are in what is
Known as the Southern field" OF tn"
Algodones district. The negotiators
have also been trying TO get an OF
ton on $50 acres in the middle
field. controlled by the Southwestern
Oil and Gas company OF Albuquerque.
Mr.. John Baron Burg. of this COM
pany, however, said Yesterday that
the company will go ahead and de-
pelop it's own 100 acres at once.
I'VE SHAH go ahead and drill, our
selves, said Mr. Burg yesterday, and
ara now placing the necessary ma
ehinery ana drilling apparatus on the
ground.
It is understood that Oklahoma
people are also making oV%ertures to
Inc various holders of property in
that vicinity to get control of some
Of il.
OH Wells in Oyster Beds.
The Southwestern company threat
Ems to perform the unusual feat OF
sinking an oil wei in the midst of an
oyster bed. '.Icishbone hill, in this
a....tf.-" afF4as4. 4fnM ,1ggt a,.t n Vtyl hia
collection OF fossils ever seen in this
section. The ground is filled with
lossilized shells of CLAIMS and oysters,
spiral shells and shells of every pos
siblc shape. with petrified fish and
teeth ana fins and everything imag-
Unable. Some Of the fossils are as big
rs a big mans fist and it is said
that the presence Of fossils in such
proflsion Is one indication that al
ways makes the oil seeker smile. The
oh Indications ere found in 'bad
lands. broken up hiils fun of shale
and debris, which is said are the
Kind calculated to make southwestern
oil men look wise and say little.
The following interesting reports
on the oil field arc Of particular in
terest at this time:
Professor c. !. Hcrrick's Report.
The late Professor G. L, Herrtck,
former president Of the university OF
New Mexico, Of whom ii is moderate
to say that in the scientific wor!1 40
man in the United States ranks high
er as q g%eologist, made this ciSlrae-
~terstic cautious report.
I'm accordance with your directions
| have examined the lands sltuateo
about six miles northeast Of Algooones
and hoo la.,r~sfh -. pannEf on NJ
geological conditions and their hear
ings upon the production of oil.
THE oil fields are situated on INC
east side of the Sandia mountains
about six miles south and sslaewh II
west of Thornton, q station on the y
T.. ana 5. T.. Il. Il. The reE'nn III
which these fields are situa-c5 Is 4
basin. or depressed area, bounded on
the west by the foothills Of the Sandii
mountains, and on the east ~ q
prominent dixie Of igneous rock
which forms q ridge or 'hog-baeh
extending in q general way parallel &c
the range. To the south the surface
rises towards San Pedro and the Soult
Mountains. while to the north are thf
low bad lands, extending to the ldc
Grande.
The area in which the oil occurs
Is furthCr defined between the hoS'
back above mentioned and a pronl'
n ridge formed by the sandstone
OF the middle Crctaceous ~eXtendlnl
horthward from the town of TeloI
and q little west of the range hn'
hetween ranges 3 and 8 east.
Geological Position.
The lands are covered by stand'
stones and shales Of the upper Crata'
'eous and Tertiary Age. The strata.
are inclined at an angle of 20 TO ~
degrees with the horizontal, the dll
being to the east. southeast OF north
east, so that the edges of the upturn'
ed stratas meet the explorer IN go
ing from the west 10 east as success
siNc ridges of strata of successiNell
higher COR latert geological position
Inc ghales and sandstones alternate
N such "a way the latter, being harder
FORM the tops or erests of the ridges
The large series OF shales with IN
ttrtines OF sandstone that repose OF
inc 'funta de Ia Mesa sandstone an'
occupies the western part OF the land'
ana extend underneath at "a dept
below the whole Of it, are similar Z
-Mel known and explored oil horl.