El Paso herald. (El Paso, Tex.) 1901-1931, 1918-10-21
Trading and Speculation in
Ranger Field Is Ham
pered by Influenza.

I Eastland, Texas. Oct. 2f.-Both de-
veIopment and trading during the
! past week were exceptionally slow in
the central Texas oil fields. owing
} largely TO so much sickness from in
fluenza many Of the spectators and
buyers have been called home by sick
ess at home. and more than tworthirds
Of the rigs have temporarily suspend
ed drilling. The only well brought to
the point Of production during the
week in the Ranger Pool was the No
I TAYLOR OF the Gulf Production COM
pany. just across the road and north
Of the Slayden farm about one-quar-
ter mile northwest Of the Slayden
well.
Hits Flow of Gas.
At a depth Of 3340 feet Friday eve
ming the Taylor well hit a flow OF
gas which sprayed oil over the der
rick. This showing is checking al
most identically with the showing
made By the Slayden at the same
depth. Drilling was continued this
morning and It IS believed that the
pay sand viii be reached at a depth
Of about 1880 feet.
The sand at the Slayden we'll was
hit at 3ss2 feet The No. 1 rock well
which came in a week ago IS almost
the Roper well is about half mile
west.
Center Of Interest.
Eastland county, north and north
west Of Eastland. seems TO hold the
attention OF the oil interests now more
than that Of any part OF the undevel-
oped territory
The reason OF this. It is believed. is
rot only from the good showing made
by the Gulf Production company No.
Brelsford well, one and half miles
north Of Eastland. but also from the
theory that the structure from the
Ranger Pool extends in somewhat
northwestern direction. the big pro-
ducers in the Ranger Pool are being
developed as the pool Is proved west
and northwest OF the town or Ranger
The Rock we'll one and three-Quarter
miles northwest Of Ranger. is the
largest well yet discovered in the
field and near II are Slayden, the
Jones No. and No. . and the Howard
wells all big producers from the top
Of the sand.
Larger Producers Expected
This would indicate that as this
structure which IS pronounced. is de-
veloped west stin larger producers
may be expected. This structure Is
more prominent in the northern part
Of Eastland county in the vicinity of
the Parrack well Of the states oil cor
poration than il is just west OF tbe
town Of Ranger
Pay $500 nm Acre for Land.
The most important deal in the way
of a lease in this undeveloped terri
tory north of Eastland, was made this
week by Joseph II. Weaver ct al when
they paid $500 an acre or $4,000 for
a lease on so acres Of the Agnes H
Sanders tract Mr.. Weaver's and the
States oil corporations holdings in
this part Of the county amount to sew
eral thousand acres. and during the
past two weeks they have added sew /
eral hundred acres to their big hold |
ings. The prices paid would Indicate /
that much is expected from this terri /
tory.
Gulf Co. Increases Holdings.
The Gulf Production company has I
recently added several hundred acres \
to its holdings in this same territory /
and number OF their leases have /
what practically amounts to immedi-
ate drilling contracts attached which /
means much activity in the way OF de-
The Gulf Production COM
Dany started work on their No. 1 Ray
location Friday and are now drilling
With srews working both towers. The
Ray tract is eight miles northwest OF
Eastland. The Gardner tract. four
niles north Of Eastland. which Is
eased to the Great Southern Oil and
Refining company, is being riEged up
md. according to Mr. Berry. the con-
ractor. will spud in this coming week.
The Caldwell oil company has COM
'leted its derrick on the Sinners tract
md tools are being hauled on the
property.
Contract for Drilling.
The No. / Sinners, or the Caldwell is
hree and one-half miles northwest Of
castland. The contract for drilling
his well has been let TO Sicily and
iankey, Of Tulsa. and W d. Caldwell
banker. OF oklahoma City. is presi-
ent OF the Caldwell Oil company.
The W. a. Sanders tract of 220 acres,
TX miles northwest Of Eastland, will
e drilled by the Oklahoma Pro-
ucer's company. This company has e
0 days yet in which to begin drilling, I
ut work has already begun on con- /
tructing the derrick. The W. T. {
barker tract about eight miles north
asst Of Eastland and two miles north
Z the Roper well. will be drilled by
.ockhart ct al The Colonial school
ract Of one acre. one-quarter Of a mile e
orthwest OF the Roper well. viii be {
unk by ". H (BlD Milliken. of s
leveland- Drilling on this school {
ract must start within 30 days. &C l
ording 10 the lease. The Sun COM
any is constructing a rig On the Rust :
ract joining the Roper farm on the