El Paso herald. (El Paso, Tex.) 1901-1931, 1919-07-10
Gates OIL CO.
CHANGES HANDS
Reports From Ardmore
Show Considerable
Oil Activity.

Ardmore, Okla, July 1o.-The Gates
OIL company of Ardmore. organized in
the early days OF the Healdton field
by local business men, has developed
into a gigantic corporation for re-
Gently it passed to the Guggenheimer
interest for $4,000. 600. The property
consisted Of 1O2 producing wells in
the Healdton field and 2eoO acres Of
leases in jefferson and Carter coun-
ties. Oklahoma Thirty acres Of these
leases are located within a mile OF
the discovery well at Hewitt. Among
the assets of the Gas company which
have gone 10 the new company is q
5000 gallon casing head gasoline plant,
one OF the best in the country
Bob Burns and others Of Oklahoma
City are carrying on drilling opera
lions in section 25-1c-5w.
The Peace Petroleum company in
section 2-2s-5w. comprised Of parties
from Temple, Oklahoma, is now on top
Of the oil producing sand at depth
Of 40 feet
The Dixon company has completed
{ shallow wen with an initial pro-
ductiou of 81 barrels. This well is
situated IN section 1-2s-5w- This
same company is drilling in section
3s-lc-5w-
More Preparations.
Lone Star Gas company, operating
IN section 1o-1s-sd. rea he'd oil sand
at a depth of 23Io feet An estimate
of production has not yet been given
out
E. c. Duncan of Loco, completed a
wei in section 1-2s-5w. at a depth OF
$50 feet. the flush production Of which
was 5S barrels.
The Magnolia Petroleum company is
offsetting the ". r. Ingram well in
section S-2s-5w. The Ingram vel en-
countered a sand which produced So
barrels OF oil daily at q depth Of SsS
feet
The Owl OIL company is making
preparations TO drill q number Of tests
throughout the Loco district. The
company now has rotary rig up in
section s-Ss-5w and is moving IN
standard rig
ThFLone Star Gas company on the
Martins ranch in section 5-ss-6w, IS
moving In its drilling equipment
Anderson and Simpson No. l on the
billiard farm in section 27-zs-2w. was
spudded IN Saturday.
sam Murphy expects to have the
refinery which he is constructing at
Sherman in operation BY the first OF
August
34-2s-5w. Fox district, has been drill
ed out OF the salt water sand and into
a blue shale at a depth Of 24s0 feet
Pay sand At 21cO Feet.
Westheimer and Daube No on the
billiard farm in section 22-4s-2w.
northeast offset Of the discovery well
Of the Hewitt pool. has reached
depth Of SIS feet. The drill is now
going through the blue shale and the
log of the vel is running with that
Of the Texas company which reached
pay sand at zoe feet This company
has spudded in its No on the Sci
raIlv farm in section 2S-4s-2w, south
Of the discovery we'll
The Fortuna OIL company No. o
located in the northwest quarter OF
section 36-6n-10w, reached the top
Of a sand at 226o feet All Indications
are that this sand is 50 feet deep The
we'll is now at a depth Of 2345 feet
Some indications Of gas have been
founa and the well viii no doubt
produce around 400 barrels OF oil as
soon as it is cleaned out
The Ioizla and Walter Neustadt Wen
N the Ada district, in section 1z-5n-
Tw. which is now at depth OF SUI
feet has been shut down for Few
DAYS.
humble Oh company in the center
OF the south half OF section 55-4s-zW,
has started construction OF It's rig
Drilling operations viii be under way
within short time.
The Rocky Mountain Drilling SOM
pany drilled the well Of the Fortuna
Oil company with a rotary drill
twenty-five days were required 20
reach the sand