The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1917-12-06
FOX HAS BIG GASSER.

Petrolia Canadian ----------- 2.<
FOX HAS BIG GASSER.
Gypsy oil company No. /, on tn
Pruitt farm in section 1929 in the Fo
district went into a sand at 1925 feet
and when II uad been penetrated
depth Of forty-two feet the production
was estimated at 50,000,000 cubic feet
This well is an offset to Franklin 4
Phillips No / Dougherty, which is pro
ducing from heavy gas sand at lIi'
feet.
1t Is the intention of the Sinclair
Gulf Oil corporation to build an eight
inch oil pipe line from Healdton to
Houston, Texas The survey has been
made the entire distance of the proposed
line and the right of way was purchased
on the Oklahoma side, but IL became
necessary to make a new survey which
shortened the line by twenty miles and
this new right of way is now being
purchased. Right of way buyers are
now on the Texas end OF the line and if
the company is not delayed in getting
material the line will soon be under
construction. The piping that will he
laid under the different railway lines,
together with the tennch castings
which will be put on the outside Of
the eight-inch, has arrived, and has
been distributed along the line. b. w.
Dougherty. right of way man for the
company is here now looking after the
business of the company connected with
the line.
The recent advance in the different
crudes in Pennsylvania has caused some
speculation here. Healdton operators
are firmly of the opinion that local
crude should be selling for more than
$1.20. Healdton pipe line company
is paying a premium for its runs of
crude and a small refining plant is
paying as much as fifteen cents a bar
rel as premium. A refining company
at Gushing states that it is paying $3.50 |
for crude on contracts that could be |
sold for $5 a barrel. The tendency at
Healdton should be toward a higher
price Within the last two weeks a
new pipe line has begun making runs.
five refineries built near the fields are
now taking oil, steel storage is being
gradually reduced and the production
of the field is not quite so high now as
II has been. All these conditions make
for higher price and by all means the
purchasing companies should ray more
Hapgood Oil & Development company !
of which C. NJ. Hapgood is president, /
has acquired half interest in twenty
one sections of land in Moore county,
Texas and is now putting rig timbers
on the ground to drill test twenty.six d
miles northwest of Amarillo IN the tC
of Texas. James McCamie,
contractor at Healdton. will have charge
of the drilling operations and z. NJ re
Dorsey, also of the Healdton field VIII o
build the rig. Drilling operations are vi
nj in CHI /
pire Gas & Fuel company is among
the large companies which has acreage he
there. ar
Humble Oil & Refining company No
Potter in section 24-4-3, is drilling at he
l depth between 700 and 500 feet ita
The Forty-Sixth Star Refining com
,any, which is building a refinery south VII
# Healdton, is receiving material for H;
mother unit and the plant when COM int
,leted will have a capacity of 25OO loo
'arrels. The company planned TO begin
perations the latter part of November
ut the addition to the plant has de- M
aged the starting of operations until DO
bout the first of the year This com eOt
any has a forty-acre tract which IL 90
WINS in fee and is making an effort 10 50
1duce someone to build a casinghead !
dooiiue pant O1l lHe property. william |
'lliott, the president of the refinery.
tates that gas contracts can be had. I'll
Gypsy Oil company has a rig I'D i'm
ection 1923, In the Fox district, on
nds that belong in fee to =. C. Dings | ish
:. Z. Fitzgerald and Others The loca- sui
on is In the southeast corner Of the ed
est half Of the east half OF the sec. sen
on and the well will be a northwest 9th
fset to the Gypsy Oil company's gas the
ell on the Pearce farm in section 33 eje
Terminal Refining company will hold -
meeting Of its stockholders Saturday
which time it will increase the cap.
Al stock from $4,000 to 100000. The
lditional money will be used in the \
lrchase Of tank cars for the prosecu
IN Of its business. The stock will he
ken by the original stockholders in
e concern.
Gypsy Oil company No. / Linder.
nth farm, in section 1929, In the Fox.l
strict. is now making about 125 bar.,I
Is. -Four rigs are up for offsets to
IS well and two Of the offsets are.
Hing. FL
Carter Oil company No. 9 Mobley.
section 13-4-3, which is drilling To
level OF the Pugh sand found at
70 feet. has reached a depth OF 1901
{ and Is delayed on account Of a
hole.
Recent reports from Cotton countyIt
favorable and the prospects are
ID that an oil field will be developedl
re This report states that theIi
yes well, in the southeast corner of