Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1915-01-08
NEWS OF OLYMPIA OIL PROSPECTORS

Whatever may be the truth con.
corning the conditions that led to the
"Jlmmying" of the Crescent we'll, il
is certain that number of people
well qualified to Judge are confiden,
there is an oil field here, and these
people are backing their opinions
with their money. Three genuine
offers for the sale of the control OF
the Crescent have been made within
the past two weeks and refused. Sec
rotary Emery c. Williamson an.
nounced Sunday, however, that two
sub-leases had been made by the
Crescent company which guarantee
the drilling of three wells in this dis
trict Immediately, one at Lacey and
two near the discovery well.
These leases were taken by two
groups of capitalists, one headed by
H. A. Rispin, vice president of the
Pacific Crude, now the Pyramid Oil
company of California, and the other
headed by o. w. Willoughby, former
manager of the Amalgamated Oil
company, who have bonded them
selves to begin drilling with in &c
days. Each contract carries with it a
royalty of 21a per cent to the Cres-
cent company, the expenditure OF
approximately $4,000 in develop.
ment work and cash payment.
There are now more than 20 stan
dard drilling rigs either in actual op-
Grafton or in process of construction
in Western Washington. In several
cases the earth already has been pen
etrated to a depth Of more than 1000
feet. The stock of some of these en-
terprises has not been offered on the
market.
Rispin Heads Star Co.
The company of which Rispin is
the head is believed to be subsid-
larry of a big California enterprise.
1t is known as the Star Oil company.
The company, in addition to putting
it's own rigs on the ground-the first
left Aberdeen for Tenino Saturday
is contracting for the drilling Of
other wells in the Tenino field.
Immediately on completing nego-
tiations to take over 80 acres Of the
original discovery lease, closely ad-
joining the Crescent we'll and 1000
acres in the vicinity of st. Martins
college at Lacey, Rispin and his as
sociates Immediately wired for seven
carloads of casing and several tons
of machinery and equipment. Under
the contract the Star Oil company
undertakes to drill two holes to .
depth of 5000 feet, the first one to
be "spudded in" before the first day
of February, and the second within
1870 days.
Alaskans Are Interested.
The syndicate headed by Willough-
by is composed largely of Alaskans
and men who were interested in the
California fields. Willoughby took
over 160 acres of land that formerly
was a part of the Crescent Drillers
property He already has his derrick
constructed and the machinery will
be on the ground within a few
weeks.
Oscar Ashby, formerly OF Alaska
and now a wealthy Tacoma capital
The Pacific States we'll, between
list, recently leased several tracts and
has contracted to begin the drilling
of four wells before March 1.
The United Oil & Land company,
operating about four miles from the
Crescent we'll, has it's rig installed
and began pounding down into the
earth on Thursday of last week.
Tenino and Centralia, has big stan
dard rig operating two shifts, which
has reached depth of 1900 feet.
The Scatter Creek well, imme.
diately adjoining the Crescent
"spudded in" it's we'll with Key.
stone drill and is now erecting
Standard rig, which should be in op'
Grafton in a few days. The Utah
company, about two miles to the
north, has erected big derrick and
is awaiting the arrival of complete
outfit of machinery and tools, now in
transit from the East.
The Tenino-Little Rock Oil com
pany has erected a derrick and its
machinery is en- route from Califor-
mia. The drilling site is at Crane
Mound. three miles from the Ores
cent we'll.
TeninO Residents Active.
The owners of the Hercules stone
ouarries, using diamond drill, en-
countered several strata OF parafi1p
oil bearing sands. They have organ