The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-10-07
Oil News and Views in
The New Mexico Field


preparing equipment TO go 70 greater
depths after real oil. Tbs presence ~
oil In Mckinley county has been up
held by competent biologists for many
years. one % the FIRST OF such was
DR.. Herrlck, AZ one time president VI
the University Of New Mexico. lite
discovered and reported oh shales In
the towering Red Bu;ter north ~
Guam and ~forecaEed that oh woui
he found north and west Of tho huttes
At abont what n now the Seven Lakes
neid.
The only other oil news OF Interest
from Mckinley county. rs the state.
ment from Gallup that the Carter oil
company has completed ita test near
Euni. az 1870 feet ana has suspended
operations there until next spring.
biologists say that Oh. " u Is found
IN the zuni region win be at from
$500 10 1000 feet The plans OF the
Carter on company ARE now known.
beyond the TACT that u ls holding the
extensive leases IN western Mckinley
county. watch Is acquired carly this
year. and the further report In a tai
lup Paper that the rig used at Zuni
has been shipped TO the ccmpanys
leases In ruiarosa basin.
Clmec- and fxhfy Counties.
Roswell reports Indicate that the
sale OF the lease holdings OF the ho--
veil OH Development company cilef-
IN in Chaves and EDDY counties. has
not been communicates. as was re-
ported early In the week. put is pend
inr. he Commonwealth n Sinclair
Oh companies being v%nriously report
I'd as the prospective purchasers at
prices given at from 5000 o %
J tfO0. 600 for about 500, 0ou acres. one
export has A that the sinclair COM
peny has claimed a prior option IN
the leases and may cuIoin the In
tending purchasers. Another a -
that a California group Is buying tho
leases with a guaranteed drilling
program included. The Information,
none Official indicates that a trade Is
pending and that Il will be the nrrt
large sale OF a leased acreage since
the leasing Of state, grant and private
land holdings ecamr general.
The Lakewood well 81 the Illinois
Producing and Refining company =
now down 1000 feet and H. die while
the drillers wait Tor special equip
ment to fish for a bit lost at that
depth. 3Ond progress IA being made
+, on the ~eompany's second well south u
Dayton.
Two more wells are 10 be located
In Eddy county BY Homer r. Ire. OF
the carter OIL company, according -
a Carlsbad correspondent. About
seven miles southwest OF Lakewood
nv IH
has rs derrick completed and ~ wait
INK for it's boiler equipment To hegin
drilling. A. near,y as can T." gaia
cred from reports u various CONE
ponies thiits en- wells Will Ice under
way In the two counties within tHe
next Two weeks and men best az
aualnted with the district say that
this number Undoubtedly Will be in
creased 10 eat the "iS noodo. II FOR
no other and scientific reason.
ltoosutclt and Curry Counties.
The well Of the Nu.MeX on gom-
pany. southwest Of p0rteles. was
puaded ia last week IN the presence
Of an admirlng throng OF furtalcs
people who helped officers Of the con-
pRny celebrate the occasion. The NJ
Mex company has erected q UG the
largest rigs nov In the state ana -
prepared u put the well To 2 500 feet
II necessary, Reports from rcsponsi-
bile sources indicate several otner riEs
soon to be working In itoosevelt ami
northeastern Lea COUNTY. In tn. vicln-
iiy OF Ranger Lakes. and according
to the reports 81 ~EcnicEia,s who have
recently been studyinE the distrIc.,
there Is at least & far chance that the
New Mexico district may become as
famous aud ~ productive as iis TAB
ui0uSly rich Texas namcsake.
A great many New Mexico people
who hold stock IN the Meirose 81
company Will be Interested TO know
that that company. one OF tne rrst 80
he promoted tn the state. for home
development. has been revived after
having been dormant for more than
a year aud that % proposes To begin
drilling on its land south Of Melrosc.
W. n Honaker. tho principal organ
izer Of the company. has resigned ua
secretary and treasurer and haH been
succeeded by ". H.. Collins Of Clovis
a. %. Wagner IN president u 5 h.
Moss of Melrnse. vice president.
TulnF,el Iist-n.
Actual drilling b. to begin neNl
week IN Tularosa basin. The ". "
Cox well. in Doua Ana county, after
many delays. finally has an It's ma.
tcrial assembled and construction of
the RIG IN under way. The complete
rig OF the TularoFa Basin OH aud N"'
hning company was transported % th'
drilling site rs miles northwest OF
Tularosa In Otero county last wesh
and viii be ready TO begin work dur.
ing the coming week. The Nallmont
Tularnrn Basin Oh company also n"
ported last week that ~ riE had be '
seliyered nt Nallmont n would h'
erected Immediately.
Union ana Quay Counties.
AL-"N 800 AM on