El Paso herald. (El Paso, Tex.) 1901-1931, 1919-10-15

Another instance OF Dame Fortune
being embraced at the proper time e
when Capt. 3. H Hyter. former United
States army officer. who upon arriv-
ing here proudly F-ates that Il some
one had borrowed 81 from him. be
J left, conceived the idea Of Organizing
tie Ky 10 Drilling and Development
company. which the other day COM
plcted lcs first vel and declared a
dividend 70 the stockholders OF five
per cent. The captain was mustered
out It Camp Sherman. Ohio. last Jan-
uar5s and after making try at Mex
leo, returned 70 this country where
he heard Of the great oil fields Of
Texas. he tried his hand az selling
leases wnich occupation served only
TO diminish his already low funds. In
desperation he came TO Desdemona de-
termined TO 90 into she fields and
get q Job as : tool dresser. Being q
resourcefui Young nan he saw that
money was made BY drilling contrac-
tors, bis money. aad he promptly told
a Few chance acquaiutances ot his
hopes.
In a few days he had formed q COM
pany with a capitalization Of $500
with himself as president. p G. Sho-
walter, vice president, and John y.
Lsochridge. IT., secretary and treasurer.
The company now has e number II
wells contracted for and their pros
poets are exceedingly bright.
Production Outside Townsite.
Runners are persistently circulated
that Desdemona wells are suffering
from salt water flooding. Why these
reports persist causes much Epecula-
ton on the part Of operators here
who wonder at the persiztency Of
these tales and what purpose they
VIII serve Those who have not vis-
D. H.aa -.
extensive are the operations. Il must
be understood that the townslte proper
IS the smallest and least Important Of
the local operations. IN fact the total
production Of the toWnsite VIII not
run 1000 barrels daily. The great
producing field lies well outside Of
the townsite proper and the q rigs
that remind one Of he heart Of Sunk
burnett are mostly a waste OF money
and only serve 20 clutter Up what
otherwise would be a perfectly good
toWnsite. Except ia q few instances
these rigs are monuments Of wasted
money and the only assets OF con-
fidiug public.
Through inconpetcncy. misfortune
OF some other cause unknown 70 the
writer. the first wen to strike salt
water Ia the toWnEit6 was the Union
OIL and Refining companys No !.
This accident resulted n all offset
AGlla D-A4E AADoleu WIKI SAT- wafer
and their abandonment. a list CT
these wells VIII no doubt be Interest,"
ing readlngs
Foolded wells are: Marathon OIL,
wen plugged and Abandoned Union
OIL Producing company's No. Z, pre-
pairing to plag. Rainbow OIL and Gas
shut in; Taylor ct el Tabernacle, /
preparing 70 plug; Union Oil and Re-
timing company's no. z. shut In.
salt Water Danger Passed.
In addition TO these wells the Texas
company admits salt water IN one OF
more wells adjoining the toWnsite.
The Lewis well in the northwestern
part Of the field has been ordered
plugged from the came cause. This
well, with the J. w. Mundy. Of the
Mayfair OIL company. which has been
shut In. comprises the list OF wells
affected b. salt water in the whole
field. As all these wells have been
promptly plugged or shut In the dam
ger from salt water has ceased IN
loss Il is struck in some outlying
part Of the field, which IS quite Inn
probable
The Magnolia company strongly de-