Los Angeles herald., 1910-10-22
From Mines and Oil Fields
OIL OPERATIONS IN
MEXICO BRANCH OUT
Tampico and Other Sections En-
Joy Wide Period of Activity.
New Wells Come In

TAMPICO, Oct. 2O.-During the last
few years this section has been eX-
plored by expert engineers and geolo-
gists. with the result that it has be-
come generally understood that the
gulf coast of Mexico has great possi-
bilities as an Oil field. over a score
of companies, including the largest
and most powerful of oil interests in
the world, have been engaged in the
work of exploring and developing;
millions of dollars have already been
spent; hundreds of thousands of dol
lars worth of machinery has been inn
ported for this purpose; a small army
of engineers, geologists and drillers
has been kept busy.
Until recently the only success OBJ
tanned in this field in the immediate
vicinity of Tampico was that of the
Mexican Petroleum and Development
company, in what is known as the
Ebano field, about thirty miles
from Tampico. The Pearson interests
developed some wells in the Vera
Cruz district, and had some little sue
cess in the TuXpam region. During
the last few months the Huasteca Oil
company met with some success in
the Juan Casianos field, and recently
the Mexican Fuel Oil company brought
in well at Topila. During July, 1910,
y
senting the Hartman interests, was
successful with a well at Topila and
another at Panuco. As q result of
these successes, the value of leases
has increased greatly.
The companies already operating in
this section include: The Mexican Pc
troleum company of California; the
Huasteca Petroleum company, owned
by the Doheny interests, and an allied
company of the Mexican Petroleum
company of California; the East Coast
Oil company, which has yet no corpo-
rate existence, but which represents
the Southern Pacific or Hartman in
terests; the Mexican Fuel company, a
Waters-P Pierce Oil company concern;
the Mexican Fuel Oil company in
corporated under the laws of West
Virginia; the Dos Banderos Oil and
Gas company, an Arizona corporation;
the American International Fuel and
Petroleum company, which was organ
lied under Delaware statutes; a Cali
fornia corporation, the Tampico Pc
troleum company; the Standard Oil
company of Mexico, with home offices
in London the Standard Oil COM
pany of England, with the same Of
fetal personnel as the preceding COM
pany; the Hidalgo Petroleum COM
pany, composed of California parties;
the TampicO Oil company Nimited),
an English organization. The opera
tions of S. Pearsons Sons & Co. have
been very extensive.
The Electra Petroleum company is
being formed, under English law, to
! develop leased land near Juan Casia-
nos. A company is organizing in Cal
! ifornia for work on hacienda twenty
miles up the Panuco river from Tam
pico and a Salt Lake City company,
which has a frut farm near Caracolr
has oil drilling Machinery on the way
| for sinking a well about fifteen miles
| from Tampico.
Each day is bringing new develop
| ments.- Outside of the fact that a
number of companies had to cease op-
eratlons until the close of the rainy
season, the prospects are brighter than
they have ever been before, and it is
| confidently expected that the gull
coast will shortly become a great pro-
| ducing oil field.