The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1917-10-17

South Lima--2.OS Plymouth - 20,
Petrolia tCanadian) --------- 2.A'
The Fox district has another well nj
the top of the heavy gas sand today
Franklin a Phillips No I. on the Dough
erty farm i'm section 1928. reached the
heavy gas sand at 1875 feet About
35 feet must be underreamed before
deeper drilling is done. No. well, on
the same farm. is pulling pipe and get
ting ready to drill into the big gas sand
which has already been reached.
Sinclair Gulf Oil Corporation No. 2
Astral is still fishing for lost lugs. This
well is i'm an oil sand at 2l40.
Carter Oil Company No. / Tucker, in
section 1928. is drilling at 1850 feet.
The sand is due at from 1880 to 1000
feet and this well should be interesting
now in a day or two.
GYPSY Oil Company No. / Pruitt, i'm
1929. is fishing for underreamer lugs
at depth of about 1850 feet.
Ardnoma Oil Company is pulling pipe
from well No. ! on the Apple & Frank
lin farm. in section 9-4.3, to abandon
the well. Another well will be drilled
a few feet away and drilling should be
started by Saturday.
Ii is difficult to imagine anything
more exciting than the touching of
,n,,
miles north of Coleman. Texas, the Mag
nolia Petroleum Company has recently
found a sand at 343S feet The driller
lost faith in the well after 1t passed the
2200-foot level and he was seepily sit
ting by the rig one night when he felt
a puff Of gas lift his hat. Immediately
the lights were turned out as preven
ton against fire, the bailer was run in
and the oil followed the hailer to the
top and the well made two flows iIf
quick succession of "A SO gravity grade
of oil. The well is i'm the center of
tract of 1900 acres and no other oil
age. Among local people who have
holdings there are Roy NJ. johnson. J. T.
Coleman and Erret Dunlap.
The money was passed yesterday af-
ternoon and the deal has been finally
closed for the Fort Ring Oil Company's
property in section 24-4-3 which was
taken over by the Magnolia Petroleum
Company for 100000.
Art L. Walker, chief oil conservation |
officer, and j. l.. Mildren. local conser
walton officer, are puZzlng with two |
important propositions at Healdton. OF |
the 1900 wells in the field as many as !
800 are making water This is condi- |
ton that is robbing the field of much /.
Df its wealth and has been caused by |
wells being drilled too deep and also by /
wells. There is no doubt that
iealdton would have been better of if
no big shots had ever been placed. As
much as 400 quarts have been used
when 30 quarts would have been better.
)ne producer remarked today that he
lad injured his leases by shooting and
stated that no matter whether his neigh
pors did shooting or not that he would
never shoot another well at Healdton.
conference of oil producers and oil
ield workers and superintendents is to
,e called within a short time to discuss
he question of handling water in the
ield 1t is estimated that the loss from
his source has been as great as Slo,-
100. 900 worth of oil and this loss of
comes at time when there
: a gradual reduction of stocks and
he government and its allies are in
reed of oil. The second proposition TO
'e handled is in reference to the use of
acuum pumps. The Magnolia Petrole-
I'm Company is bringing i'm some ma
hinery which will be tested as an auto
natic cutoff to prevent vacuum from
eing placed on wells. Mr.. Walker and
Ir Mildren and producers will give the
evices a test as soon as they arrive.
ir Walker was i'm the fields yesterday ,
nd will be back before the end of the ,
,eek ,
The oil business has never seen such
ines as prevail now and the situation .
5 being closely watched. Owners of
reduction fear TO make sales on ac-
cunt of the heavy excess profit taxes
hat are being collected by the govern {
lent Bankers hesitate to put money /
nto big propositions now because the !
overnment has need of so much funds d
Dr tile prosecution Of the war. But i'm
pite Of this situation oil properties are
dvancing at a rapid rate. Production ;
as been sold at Healdton as low as /
500 "A barrel but at this time offers e
ave been made at $3.50 "A barrel and q
eclined. Production is being held at q
1850 a barrel. Oil men state that there
a reasonable chance for "a greater n
reduction of oil. Kansas looks now y
cry much like Gushing did four years >
90 and IL the water menace can be a