The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1918-03-01
NEW OIL FIELD
FOUND IN TEXAS
Covers 1880 Square Miles
in Middle Northwestern
Part Of the State
SOLVES PROBLEM
OF FUTURE SUPPLY
ng-Development Likely to Be Costly
Single Shot at Great Depth Costs
Thousands of Dollars.

the moss grown traditions of the oil in {
dustry that the game itself and the men j
in it are lucky. The tradition has proved y
itself fact over and over again.
1t is just about to prove 1t again, 10Y
the oil scouts, with the help Of their per
sstent luck, have nosed out brand new
oil field The new field has been discov-
cred, too, at time when consumption Is
exceeding production and the reserve
stocks are being called on daily to supply
the deficit
/ Ii is located in middle northwestern
Texas, about IS miles from Fort Worth,
! between the Red River and the Colorado
II is an area estimated to be $50 miles
4 long by 50 miles wide and includes the |
counties OF Eastland, Coleman, Brown |
and much OF Comanche, Callahan, Concho, |
i McCullock, San Saba and Mills.
Although it is yet an experiment, or
more explicitly a gamble, enough paying
wells have been drilled in the newly dis
covered field 10 cause a scramble among
the big oil men, which seems likely to III
val the old days OF Humble and Spindle
!. top, when the prices Of poor farm land,
worth about much as the mortgage on
Il suddenly shot up over night into sums
which caused The bleathless owner to de
eide TO retire and begin peering into the
automobile catalogues
The scramble is going to increase too
when the news becomes generally known
that there is a new oil field, for the big
companies, following their long established
custom, have refrained from taking the
E public into their confidence and have
! been quietly moving heaven and earth,
E III addition to huge sums of ready cash,
! in the efforts to buy or lease workable
! land. They are not at all in favor of ad
: vertisng the new find which the luck OF
. their scouts-and OF themselves-had
: brought to them.
: The Texas and Pacific Coal company,
. the Texas company, the Standard Oil
! company under lone Of its unfamiliar
8 names. the Magnolia Petroleum company,
!. the Gull Production company, the Cities
Service company, under the name Of the
. Empire company; the Roxana Petroleum
e company, the Humble Oil and Refining
. company, the Prairie Oil and Gas com
pany and some OF the bigger in the
s oil industry ally-Sinclair. Esper-
. son, White, Slick, the Robertson brothers
!. and Cosdcn. have jumped into the new
. field with an enthusiastic disregard for
. costs which IS threatening to send prices
!. 81 the valley land sky high
!. Since the news OF the new field has
s been brought in many OF the oil tradt
. Journals have sent correspondents into the
g field and they are sending back glowing
s. reports OF the possibilities Writing il
8 the current issue OF the Oil Trade Joulna
!. one Of the trade authorities says:
8 1t IS the biggest thing out Of doors il
. the oil game today-the one big chanc,
. left IN this country for the poor and ricl
. alike to get in at the birth 1t is no
. claimed by any one that all the territor-
. within the limits of the field will be foun,
. OIL bearing, but 1t does mean that it j
J. practically all possible producing terri
= tory.
Fl The best thing about it is that Their
. Is room enough for all While operation
= viii be expensive in most of the regions
:. a number OF localities will be found. lik
- Brentwood Moran and Strawn, wher
. the little fellow can start on a shoe
J. string and work into the big stuff later
- Whether the field ever pans out q
J. not, whether it produces another Cer1
. AZul, the reports have brought more G,
. element to the oil trade, and PARTICULAR
= to the oil men of New York, than an,
hz thing since Kaiser Wilhelm started O
- his rampage
- Its the old luck of the game" sal
on Of the veterans yesterday in discus
ing the possibilities OF the new field
nv Whenever we run shy of oil or con
monce to run shy some wandering will
cater finds new pool or some inve1
lis ton is made which almost revolutioniz
,.;u the industry After Pennsylvania an
the Eastern States came Ohio and Il
iS' middle West. and after the middle We
the came Oklahoma and Kansas, and aft,
ms Oklahoma and Kansas came Northwestel
llic Texas
its When an oil famine was predcte
tee four years ago Gushing came to the rescl
in with a flood of high grade crude petrc
ing cum, and since then improved methot
is have enabled refners to take out largr
the percentages Of gasoline Improvement
a,t in internal combustion engines permit ii
of use Of kerosene and crude oil in MAJ
out types of motors where formerly gasolil
was required.
ma Now that consumption has again owe
the taken production new field looms
and ON the horizon and appears to have y
ear t"ntial possibilities as much greater tina
sea Gushing as Cushing was greater than al
and development that preceded 1t.
ear The strong companies probably W
Get have the advantage in the new field b
and cause OF the depth at which paying
ked has been found, something around 80
rm- feet The biggest we'll in the district.
Ranger Tex, and the well which in,
Lrch dentally started other scouts to nosir
col about and then frantically leasing groun
of was drilled to depth Of 3,427 feet
be The average man can hardly tackle
edu- for at this depth a single shot costs |
will tween $4,000 and $4,000 and takes fro
bile three months to a years time to col
way plete. There are now d deep well les
Jtctr;ot o,J .haro .