The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1918-04-01
PlclIy cf Oil in Evidence; Sprayed Over
Derrick; Estimated From rs to
200 Barrels
EXCITEMENT HIGH
OVER NEW FIELD
Leases Bring Big Sums; Selling Rapidly;
Other Wells Continue Drilling; New
Companies Formed

Following the strike OF the Pros
perity Oil and Gas company on the
Cutshall farm in 5-5-9. three miles
west of Cement, there are two more
towns that have gone oil crazys The
two towns are Chickasha and the vii.
lage of Cement.
Activity, already strenuous, Is now
multiplied to the nth degree. In
Cement it is useless to address
man on subject other than oil, for
il you do you will not get an audi
euce In Chtckasha it is nearly as
bad. If you have a lease to sell, or
l. you want to buy one, you can get
action az almost any price. Sunday
morning, the Frisco train unloaded a
swarm Of oil men. real and near, at
Cement while many gollon of gaso
line was burned Sunday by oilers
and sight seers i'll making pilgrim
ages to the we'll
After spa4.Ig for mo44s wltnI
false reports the Cement field has
at last produced what apparently isl
real oil well in the Prosperity. The
pay sand was encountered at about
2340 feet. At O'Clock Saturday az
tcrnoon, with the string Of tools in
the hole. oil rose TO the surface. The
pressure continued stronger until the
gusher spouted 20 feet over the top
OF the derrick. 1t then subsidized and
left folks guessing and wondering the
exact extent of the production.
OH men state that it is hard to es-
innate the we'll Some say it will
move to be 200 barrel well. 9th
ers are skeptical on that AMOUNT
placing the production at 100 barrels.
The dril1ers state that they are about
four feet in the sand. The depth of
the sand is not known and because
the well is not drilled thoroughly
into the sand and is not cleaned out,
f. is hard to estimate the amount of
production. c. w. Duncan, in charge
Of the work said that the work of un-
derreaming would start at once be-
fore the well is drilled further into
The sand. 1t is the plan to pull the
is. 12 and 10 inch casing. Further
DEVELOPMENTS at the well are not ex-
pected for several days as there is
considerable work to be done before
the final test of the production.
Work was started yesterday on the
construction of tankage. Portions OF
steel tank were moved in. 1t was
announced at the well that they viii
rut ir one 1000 barrel tank and one
OF 500 barrel capacity at this time.
AS evidence that the Prosperity be.
lieves the we'll to be good one and
the section destined to be an oil field,
George Montgomery, president OF the
Prosperity, Saturday afternoon pur
chased the 0acre lease adjoining
the so acre lease of the Prosperity
from John McKenna for $500 an acre.
other tracts a mile from the well are
known to have been sold for 5000 an
acre while as far as two miles away
leases are bringing from S75 to $3.50
an acre.
Leasing activity took a boom Sat
urday even in Chickasha when news
o. the strike reached this city. Also
at least two oil companies already or
ganized here but waiting for some
thing to happen in the Cement dis
tlict are making preparations for re-
rewed operations.
The Prosperity might be termed a
mystery" well for the reason that
though they struck pay sand at prac-
tj,ally the. same depth from the sur
face that the Fortuna hit their 40,
100000 foot gasser, the gas sand was
not encountered. This despite the