The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1919-11-06
DRILLING RESUMED
AT THE M'CEE WELL
OIL INDICATION GOOD


past week. While there have been a
number of sales and many prospective
investors here from other places 1t has
been quiet because Of the McGee well
being closed down on account of los,
ing the bit in the bottom of the well.
There were many reports in regard
to this accident but there was only one
true and that was that the bit was
broken from the stem and lodged ia
the bottom of the well 2575 feet from
the top. An apparatus was made 10
catch the top of the bit but it did not
fit tight enough or strong enough to
hold the heavy bit when the cable wa
started upward. Another grabbing Il"
vice was made at the shops in TNkum-
carl and the first grab secured TIM, ,nit
fast and brought it to the surface. 2.
In the meantime one of the driller,'
was called to Ranger to see his wife
who was reported i'll. He is expected
to return tonight and take his shift
mt the well at midnight. 1t waS cN-
pected that drilling would start at
noon today and continue as fas; a,
possible.
There is little doubt as to the ulti-
mate outcome so far as bringing IN an
oil well, but there is much speculation
as TO the amount which at the present
time can only be estimated. The well
is showing considerable gas and thoSl
who have visited the well the last
few days say that the amount of vapCI
is increasing. When drilling Begin
again it is thought those in charge oi
the drilling will warn the public TO be
careful aro-ad the derrick and thoj,
who persist on staying inside will ne
cessarily take their own chances whc'
another gas pocket or perchance rea'
gusher is struck. Those who know
the oil game claim they would not ht
surprised ut anything. This is tn
first deep test in the state that hg'
struck the Pennsylvania formation an'
the prospects are quite flattering fol
producer worth while.
The San Jon well is now beginnin'
to take on life. Because Of the fac
that Mr.. McGee is handling this prop
osition those who know him have YER
great faith both in his ability to pie
a good location and his manner in pull
ing the work He says he has mad
all arrangements to do the drilln,
and will handle the job personally tn
same ms he has been handling the wei
near Tucumcari
Three car load Of well material WI
shipped to mile post q this week an
workmen are busy digging the pit al
putting up The derrick This propo
sition has plenty of capital behind.
and work will be pushed no matt"
what the costs may be.
It is understood that the Woodro'
location southwest of Quay, is not
certainty on account OF some wit!
holding their acreage. Mr.. Palmer
expecting his company officials her
Saturday from Springfield when tn"
will decide whether they will acceI
another proposition to drillin other tg
ritory o" at the place heretofore
lected. As the matter now stands NJ
Palmer does not know what the M
who are putting up the money "!
do when they come.
In letter from A. s. Palmer, Pre-
ident of the Ute Creek Trusteeshi
ut Clayton, n. NJ, to the Haas Ma
Co. the following information is o.
tanned:
1--WE expect to have the well drillir
on the Byzantine structure at an ear
date in December. The forfeit mont
is up and by the contract the compaI
must begin actual development h
December II. At this time we can n
advise you the name of the compan
but will do so Immediately upon =
ceivng it from Robert Hawley, vi
placed the drilling contract for Us
"Today one of the large companl
is out on the grounds investigatiI
our Pasamonte structure, preparato
to the placing of n drilling contra
with us. Several companies are bi
ding for this contract which max
il appear certain that developme
will start there at an early date
the coming year.
The "Snorty Gobbler" Oil q G
Company have "spudded in ne
Greenville and we understand IN
they are vigorously prosecuting
development Of this well. We ha
also learned that a British Compal
capitalized at one million, has co
pleted regotiations with the Tramp
os Trusteeship for drilling contri
on their leases. Mr.. Robert +. X
is here direct from London rep
senting the above mentioned compa
and appears very enthusiastic o'
oil and gas prospects in Union Coun
Don't forget the price of the Ne
,,;Ii lao raised IN 81 40 on January