Los Angeles herald., 1910-01-19
OBSTINATE WELL
NOW APRODUCER
NEW YORK COALINGA NO. 2 is
PUT INTO SHAPE
EDNA GOODRICH CONSOLIDATED,
NAME OF NEW COMPANY
Goodwin and Associates Organize to
Develop East Half of Section
Eight, coaInga-sev-
eral Wells Come In

Work Of redrilling well No. 2 on the
New York Coalinga has been finished
and the well put on the pump. 1t is
now reported to be producing steadily.
The old owners of this lease worked for
months endeavoring to get the well in
shape, but finally gave it up as a fail
ure. Floyd Morris, the driller, who has
just succeeded in putting the we'll on a
good producing basis, worked less than
a week before getting results. The
New York Coalinga now has wells
Nos. 1, 2, 3, and 5 on the steady pro-
ducing list, and expect that well No. 6
| will be whipped into shape this week.
Lumber for the bunk house and cook
house of the Coalinga Crude Oil compa-
ny has reached the property. Arrange
ments have been made with the Circle
Oil company for a supply of oil sutfi-
cient to exploit the first well, and with
the Traders Oil company for water un
til a time when the Coalinga Crude's
water we'll is completed. Work on both
the water well and the oil we'll will
begin as soon as all material has ar
rived.
The Edna Goodrich Consolidated Oil
company, a $1OOO,OOO corporation, is be-
ing organized in Los Angeles for the
purpose of developing the east half of
section s, 1915, Coalinga. This ground
was acquired by Nat c. Goodwin and
associates from L. r. McCollum and
w. r. Guiberson about ten days ago.
Interested with Mr.. Goodwin in the new
company is Frank C. Tyrrell, the attor
ney. The list of directors includes, be-
sides Mr.. Goodwin and Mr.. Tyrrell,
Jean Strong, L. r. McCollum and w.
r. Guiberson, each of whom subscribed
$100 for the organization.
Will Soon Develop
The company expects to start devel-
opments as soon as possible. 1t will
not, 1t Is said, confine it's operations to
development alone, but rather will con-
duct general oil business, trading and
dealing in oil lands and securities. The
company is named for Mrs. Goodwin.
Another company that has completed
its organization is the Sierra Madre Oil
company, which has the northwest
quarter Of the southeast quarter of 2,
20-14, just south of the Gold Tip Oil
company's property, which has we'll
down about AIS feet in 1914 Inch casing.
The personnel is: President, r. F. Hol-
ser; vice president, j. ]. Long; seTe-
tary and treasurer, D. P. Walsh
These three, with w. r. Guiberson
and L. c. Mayhew constitute the board
of directors. The capitalization is $780,
600, of a par value of 81. The company
will start drilling within the next few
weeks.
The British Consolidated Oil corpora
ton, limited, 12. 20-14, has completed its
we'll No. at depth of 1850 feet in 69s-
inch casing, with every indication of
success. No. Z has been completed at a
depth OF 1853 feet in 69s-inch casing, and
is doing about 100 barrels a day, but it
is thought as soon as the sand works
out it will produce more.
Empire Well Is Flowing
/ The empire Oil company, 32, 1915,
has had it's well No. 1 flowing and
pumping for the last three days It's
sump is nearly full of oil, and accord
ing to oil men who have seen 1t 1t Is all
right.
A conservative estimate of the pro-
duction would be about $50 barrels a
day, which will probably be increased.
The gravity of oil is IS strong. This
we'll is probably being watched as close
ly as any we'll in the whole field.
The San Diego Coalinga Oil company
is building a derrick for its well No.
near the northeast corner of the prop
erty.
Esperanza Land and Oil company has
its well No. l down nearly $500 feet i'll
8-inch casing, and is now drilling
through a hard she'll
Coalinga Income Oil company has
completed the camp and derrick for it's
we'll No. 1. The machinery is on the
ground and the well will be started at
once.