New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1919-05-09

several companies having their prin.
cipal offices there. These companie.
are also interested in locations out
side of Luna and especially around
Stems in Hidalgo County and in
Arizona. Interests are also held in
the Pecos Valley Of Texas
Hidalgo County
The Deming Oil, Gas. and Devel.
opment Company holds the right to
1000 acres near Stems. The com.
pany is now sinking q water well
preparatory to starting drilling for
oil. The location is about two miles
east of Stems. It is reported that
an Arizona company and an Ok
lahoma company are preparing to
drill in the Stems pass district and
another Arizona company plans to
drill near Animas on the E. P. &
IS. w. This district is drawing the
attention of oil men. Drilling con-
tinues near Bowie across the Arizona
line. A second we'll has just been
started there. Promising indications
were found at 500 feet.
| E0oy County
The peaceable Hope community
twenty odd miles west of Artesia
has the oil fever. After winding
up successful Victory loan meet
ing, the people organized an oil COM
pany and will proceed to drill a deep
hole. They hope to strike artesian
water IL they miss the oil.
A contract has been signed at
Artesia for a we'll $500 feet deep
unless commercial oil is struck soon
er. Actual drilling must begin with
in forty-five days after the signing
OF the contract. Casing has been
bought and a drilling crew engaged.
The forfeit money is In the bank.
The Illinois Producing and Refin-
ing Company which has we'll near
Lakewood down over 2lO feet has
acquired the leases OF the Home
Refining Company at Dayton. This
is an Oklahoma company that has
been more or less active around
Dayton for the past three years.
Their derrick was blown down some
time ago.
A Kansas Company is drilling about
Is miles northwest of Lakewood
on Gypsum Creek. Old cowmen tell
about the rock found there that
smeiled very strongly Of coal oil.
What the driliers are finding is not
for publication.
Roosevelt County
1t looks at present as il drilling
may be undertaken near Portales
before the summer is over, Okla.
homa parties have proposed a part
nership arrangement with leasehold-
ers provided that a block of $4,000
acres can be secured. The people
have gotten together the land and
it looks as though something may
be accomplished. Work is also pro-
gressing on the derrick near Kenna.
Santa Fs and San Miguel
The Toltec Company is continuing
drilling near Lamy and apparently
is satisfied with what is found in
the way Of formation. This Company
has second derrick some distance
from the first. The company con-
trolls about 10000 acres of state land
in Santa Fe. San Miguel, and Tor
rance counties. It also controls a
large acreage of decided land.
II is not generally known that
drilling Is in progress in San Miguel
County. The Gypsy company is drill
ling near Dilia not far from Anton
Chico.
This district which also includes
corner of Guadalupe County, is
very promising. Former State En-
gineer James A. French controls a
large acreage here and the Carter
Oh Company Is also acquiring lands
Ia this section.
Soeosro County.
Outside capital will be invited to
test out the oil prospects on the
holdings Of the Socorro Petroleum
Company on most favorable terms.
The excitement still runs high after
the favorable report of the geologist
who recently investigated the hold
ings Of the company. The company
has withdrawn all of its stock from
the market except 100000 needed
for getting work under way. This
stock is being taken freely by the
home people. The two locations in
Socorro County that are likely to
be tested out soon are at Prairie
Springs and in tornado Basin.
Other Sections.
There is continued activity in Nc
kinley County where two companies
are drilling. Across the Arizona line
at Holbrook several companies are
shaping up for drilling and machinery
is arriving.
Up in Union County drilling is
proceeding and others are getting
interested IN taking up further drill
ling.
Psees Valley Of Texas
Things are huming in the Pecos
Valley south Of the New Mexico
line. Oh has been found in the Laura
wen about Is miles north Of Pecos.
The outlook is 50 promising at 8o0l
feet that Star rig will be used to|
drill Q new hole to this promising
sand while the Laura we'll will con-
tinue down. The Fl Paso-Sunshine
= setting up . rig near the Laura
we'll. Further up the Santa Fe rail-
way. near Dixieland Ira ]. Bell is
drilling, the hole having passed the
500 mark. Troxel is drilling at Rust
Ter Springs some distance west from
the railroad. Other rigs will be
brought in soon.
Further west and south Of the Tula-
rosa Basin investigations are in pro-
gress In both Texas and New Mexico
Of the basin between the Hueco and
Guadalupe mountains. The Texas
geological survey is at work south
Of the New Mexico line. It is said
that every foot Of land in this Sec
ssou. Ss esoAse eoo%ro1 RaVtv Sest