The Clovis news., 1919-07-17
OIL OPERATIONS
SOUTH OF PoRTALEs

Last Thursday the rig Of the Nu-
Mex Oil Company arrived at Portales
and in less than one weeks time,
James E. Webb, superintendent Of
construction for the company un-
loaded the car and hauled the ma
terial nine miles south of Portales.
James /. Mattison, one Of the best
known rig builders, and his crew Of
Oklahoma and Teras men, began the
erection of the derrick. The rig is
a standard rig and one of the most
substantial ever erected in any oil
field, as Mr.. Mattison has sway brac-
ed the entire rig which is now ready
for the drill. The company will be-
gin drilling operations at once on
what will be the first deep test well
drilled in Roosevelt County. The
Company has been underwritten by
Ada, Oklahoma, business men and a
surety bond is on file with the First
National Bank of Portales to guar
antee the completion of the well.
The Nu-Mex Oil Co. has among
its stockholders a number of oil oper-
ators who are enthusiastic about the
prospects of this new field. A num-
ber of them have visited the location
along with the geologists and say
that it is the most pronounced forma-
ton from the surface indications that
they have found in any of the large
oil fields.
From time to time there has been
number of land owners who have
reported to the people who have this
drilling operation in charge, that they
have had gas showings in shallow
water wells.
A number of large successful oil
companies have their scouts now at
work in this section of the state and
and early development is sure to re-
suit from the activity of these COM
panies. A large number Of leases
has been recorded and transferred
and each day brings new inquiries for
leases and royalties in Roosevelt
County. The business men Of Por-
tales are very enthusiastic over the
result Of business due to the activity
Of the Nu-Mex Oil Company. Among
the officers Of the company on the
ground at Portales are J. D. Lasater,
president; ]. W. Brown, Vice-Presi-
dent; c. G. Anderson, Secretary, G.
F. Burden, Treasurer; A. c. CLANCY,
Judge U. G. Winn, James E. Webb,
John Chapman and W. T. Sheldon, Of
the Stockholders Advisory Commit
tee, Harry B. Clutches, general mana
! ger, and Harry Cochran Of Oklahoma
City. These men will stay during
the summer at Portales and until the
completion Of the cOmpany's number
/ well. Locations will be made short.
ly for the company's number 2 and
8 wells.
Many Of the eastern newspapers
have been carrying articles on the
possibilities Of Eastern New Mexico
due to the United States Govern
ment survey, and geOlOgists who have
passed upon the prospects for oil end
gas in this section, claim for it the
same formation as is found in the
sensational Burkburnett field, and
Roosevelt County is certain to re-
ceive a great portion of business due
to the geological survey and the pub.
licity given by these publications.
Harry B. Clutches, general manager
Of the Nu-Mex Oil Co., has just re-
turned from a trip through Oklahoma
and after having viewed large inter.
ests in connection with the future
Of the new field, reports that the oil
fraternity will give this section Of
the state big play and o number Of
new wells will be the result.