El Paso herald. (El Paso, Tex.) 1901-1931, 1919-06-24
Many Ne7c Oil
Firms Formed
In Ne7C Mexico
Drilling Is In Progress In
Some Counties Of The
State At Present.

New oil companies continue TO be
organized in New Mexico. announe-
ing their purpose of drilling in quite
a number OF sections in the state
Actual drilling is on in some of them
and it begins to look as though the
drill viii prove or disprove at no
distant date certain prospective oil
fields.
Eddy county has one wen down
200 feet at Lakewood. It was put
down by the Illinois Producing and
Refining company and it is said. on
quite reliable authority, that oil was
struck Operations were stopped at
that depth and the company took
over quite extensive holdings about
Dayton. seven miles to the north, and
IS drilling its second well tnere. .
Carter Oil company. said to be a sub
sidi1ry Of the Standard Oil company,
recently acquired leases on about
10000 acres reported to be mostly
on the east side Of the Pecos river
in Eddy county. Another concern
with large holdings was reported to
nave taken over the Brown well.
which is artesian, but producer Of
about 20 barrels Of Gil a day along
date vicinity was also taken over
with the well. At least two COM
panies have recently acquired at least
5000 acres each about Loving. in that
county.
IN Chaves county the Lincoln ven
west Of Lake Arthur. was recently
reported 10 have struck oil some
where about 200 feet deem. but the
quantity is not known. There has
been a great deal of geological inves-
tgation in that county and rumor
says that well is to 90 down on
the Hondo. near Ttnnie. in the west
ern part CT the county.
Several Companies in Quay.
Quay county has several companies
shaping up for drilling The MCGEE
is reported as already drilling. The
Reid rig at Rama. is in process of
according TO late report.
Reports are that rigs will be drilling
before long at Gienrio. Endee and san
Juan.
In Union county it Is said that the
SHORTY Gobbler company is getting
material 70 its site south Of Cor
rumpa- Another derrick is going up
farther south. near Buyeros. The
people OF Des Moines are getting
acreage with view to encouraging
some concern 10 put down a well
In Luna county. at Columbus. the
Valley Oil company has 4 hole down
IN the neighborhoOd OF 2400 feet and !
s still drilling The Bisbee Deming !
I water wen preparatory to drilling
Tor oil at a site selected six miles
westward from Deming.
Interest in TuIarosa Basin.
In Otero county great interest cen
.ers in the Tularosa Basin. It is said
hat every foot Of United States gov I
arnment land has been located under /
he placer" law and all state and I
'Tivately owned lands have been |
eased- The only standard rig that IS 1
Tong IN at present is that on the
OK ranch although quite a number !
y companies are said to be organized 1
or actual drilling. The Porterfields.
u silver City, y NJ. ard FL Paso. re-
emily made n deal bv which they
ook over the z 9. Rafferty, holdings /
whether they will 20 ahead with this
-S-ineh hole or viii start an entirely 4
lew one
In Roosevelt county IT Is said thar
site has been selected south OF
'ortales and that a rig is being
ihipped from oklahoma
A rig is said to be on the ground I
= stems Pass in the new county OF
8idaigo where company. composed /
argely OF Deming people. have hold
In san Juan county renorts have #
nat oil in small quantity was struck !,
n two different wells at sha11orv !
enth OF between 600 and 1000 feet.
IN Mck1niey county there has been
1uch interest in a region northeast
I Gallup. in the Seven Lakes section.
IS reported that an Arizona COM
any has commenced operations there Il
NJ was encountered in shallow water /.
7ells there years ago.
companies Formed at Las Cruces
Dona Ana county is alive with in
crest in oil possibilities and 2 num-
er OF companies have been organ
.ed at Las Cruces.
n Socorro county It IS thought that !
u can be developed in the central J,
ar1 OF me county It is said organi- (
alton IS under wav at Nagdaiena r. :
xploit some Of the SOcorro county Il
srritory-
The latest interest in OIL Is around
orona, in Lincoln county and the in
resi- extends over into Torrance !,
EPORT GIVEN ON ARcHrP &