Deming graphic., 1919-06-17
TO REPORT ON OIL LAND|
Deming- -Bisbee Company Engages Ex-
pert Geolagist 10 Examine Hold
ings Southwest Of Deming
Companies All Over State Trying for
Cash Bonus Offered for First
100-Barrel Well

engaged the services OF the weli-known
Bisbee geologist, Prof. l.. A. Holmes,
to make u report on their land, and
Prof. Holmes arrived last Thursday
from Bisbee accompanied by l.. x.
Caulfield, OF the u. s. OH X Refining
Co., who made the trip there to secure
his services Mr.. Caulfield returned to
Bisbee Saturday TO attend meeting OF
U. s. directors.
Prof. Holmes started on inspection
Of the company's property the next day
after his arrival. lie has thus far CIV
en- no hint Of what his first impression
thereof might have been or what his
ultimate report will be; in fact he says
he will not know anything to base re-
port on for at least week yet. IL is
known that Mr.. Caulfeld's opinion of
the country down that way is very
good indeed
Part Of the equipment has arrived
for the drilling Of the well on the
O'Brlen land few miles south west
Of Deming. Mr.. O'Brien has n 14-inch
hole down about 400 feet on this land
already, but not being equipped to go
to great depth chose to let the con-
tract for finishing the well TO Cali
fornia company.
n. +. Chapman is expected back from
Mississippi about the 25th, and will
probably bring with him Judge Everett,
president Of the Citizens Oil 4 Gas Co.,
who are to start drilling shortly on
their holdings in the Dayton field. The
company has acquired some Luna
county land and proposes to put down
a well also, according to Mr. Chapman.
A contest is on in New Mexico to see
what company can bring in Nie first
10O-barrel well. In addition to the
$4,000 prize offered by the state leg
islature, H. w. Hartman and other bus
iness men Of Alamogordo offer another
$4,000 for the first well. Two der
ricks are going up near Alamogordo
and three other wells in the Tularosa
basin are expected to be started within
the next few weeks.
The rigs already at work are going
down steadily. The Union oil company
Is making progress on its well on the
Cimarron in the northern part of Union
county. The Toltec Oil company is
progressing In Santa Fe county. The
Gypsy oil company keeps steadily at
work near Dilia in san Miguel county.
The Valley Oil company Is working in
promising sands at Columbus which Is
In southern Luna county. The Mesa
Verde company at Flora Vista near
Aztec in San Juan county finds the for
nation better as the drill goes deeper,
The Illinois Producing and Refining
company is down over 1000 feet in
their well near Lakewood in Eddy
county The Lincoln well near Lake
Arthur In Chaves county Is now in
promising sand. The Carter Oil com
pany has Il well 1000 feet deep near
Defiance some distance west of Gallup
in Mckinley county.
Every one OF these rigs is working
in very promising localities and able
To make deep test according to the III
Paso Times oil expert The companies
are well financed, according to reports.
So far none Of these wells are deep
enough to reach the real oil that the
geologists say is present. 1t will be-
some time before any Of these wells
will reach the 5000 foot level. Three
is little prospect Of striking much oil
at lesser depth.
New Companies Ready 10 Drill
The first new rig ready 10 begin OPP
Grafton ls In Quay county. This is the
II. T. McGee outfit near Lesbit. east
OF Tucumcarl. This Is standard rig
capable Of making deep test The
derrick Is up and the machinery In
place. The company is amply financed,
according TO reports.
The w. W. Cox oil company Is get
ting ready as rapidly as possible to
drill In eastern Dona Ana county In
the Tular0sa basin. A standard rig of
the best make Is going In here The
company is preparing for a thorough
test and has increased its capital stock
to $2OO,OO0OO.
c. Y. Reed Of Plttsburg picked To-
catlcn at Rama In Quay county,about is
miles 10 the north Of Glencio. Mate
rial has been going out to this location
the last two weeks. The rig Is modern
and steel derrick will be used. Mr..
Reid Is said TO be prepared financially
for extensive exploration. The loca-
tion Is near the Canadian river In a
formation that is also being explored
near Amarillo, where a strong flow OF
gas was struck last fall north OF the
river
The Illinois Producing and Refining