The border vidette., 1912-05-04
NEW MEXICAN OIL FIELDS.
Standard Oil Go. Experts Says They
 Are Very Promising.
(ROck Island Tribune.)

Seven Lakes oil product and all seem to be of the opinion that the oil when developed in quan- tity will have a great call owing to it's paraffin and gasoline qual- itieS, both of which are in demand at this time. One of the most enthusiastic of the experts, who recently visited the oil sec tiOn, is R. C. Andrade, an at- tache of the Standard Oil Com pany. It is believed he repre- sents millions of capital and his field was thorough.
 This is what he says in part:
 The Seven Lakes field looks to me better than the California district for a number of reasons. The most important fact is the, superior geological condition met with at Seven Lakes. The dip in the strata at Seven Lakes in only about forty feet to the mile. In California it is tilted at an eagle of nearly thirty five degrees, so that there is only a restricted area where the oil is near enough to the surface to make it practicable to take it out. The condition at Seven Lakes is the same as that in the Gre e5aceouS Pennsylvania oil fields. The New Mexico product. as know from my own personal in vestigation, is rich in paraffin.
 ''This. New Mexico field is Do- sitively the most promising pa ratfin field 1 have seen. It is bound to mean refinery and a pipe line and a great industry for New Mexico.
 Here you have the advantage in freight haul by thousand miles over competition in the refining business. Not only so, but here you get practically the highest price in the United States for the refined product. Texas, Oklahoma and California are your nearest fields"
 Mir. Andre is of the opinion that the Seven Lakes oil is good for byproducts worth s barrel. Continuing:
 Tt will give you 10 per cent gasoline, which, at 25 cents a gallon, means S2 a barrel in gas oline. Twenty per cent coal oil, at 9 cents a gallon, is the next proposition. From the neutrals you get gun oil auto mobile oil, and a dozen other oils, selling on the market at $1 a gallon. You can put the stuff on the market at p cents a gal lon and you begin to see the pos abilities. The paraffin will run 8 per cent, seven and a half pounds of the wax to the gallon, so that at 10 cents pound you get from S2 to $3 in paraffin from each barrel of the crude.
 1.-Two barrels of gasoline are being produced where three are needed" said Mir. Andre in sum- ming up the situation, and with a fine gasoline producing oil such as that assured at Seven Lakes, you will have the world by the tail and a downhill pull.
 ''It is the most attractive field I have seen," said the expert, in conclusion, and in my opinion the biggests thing that ever hap pened to New-Mexico." Seven or eight companies are now operating in the Seven Lakes field. Galley and Guffcy, the Beaumont field pioneers are interested in the New Mexico district, and Texas outfit has recently come in. The big strike by the New Mexico Oil & Refin- ing Company announced recently POO yards from the original Talle well, has greatly stimulated gen eral interest, and Mir. Andre looks for steady development from now on.
 Further evidence of the inn portance of the oil field at Seven Lakes is the possible location at A of an oil well SUD- ply company of Pittsburg, to be by William Egan, who has gone to Seven Lakes to report.
 The latest from the field is to the effect that the Mulholland company in the Seven Lakes district has struck flowing well and that it will be heavy prod ucor