Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-11
OIL PROMOTERS
THICK AS FLIES IN
THE PECO5 VALLEY
Nearly All the Available Land
Has Been Leased Wells Are
Being Put Down in the Vi
Cinity Of Carlsbad,

ESPECIAL CORRESPONDENCE TO MORNING JOURNAL
Carlsbad, N. NJ. April 1O.-lf the
Pecos valley is not tried out as an oil
field in a few months, it will not be
the fault of the men who are working
at the business of promoting it now,
for they are a busy set. so many diff
ferent companies are in process of or
EanlZation or have been organized,
that it seems but little more is to be
done in the securing of open lands.
There probably isn't a foot of open
land between the Guadalupe noun
tains on the west and the Great
Stake plains on the east, between ROs-
well and Pecos, that has not been bar
gained for, secured or conveyed in
some form or other to or from oil
men, alleged oil men, promoters of
the real kind, who are busy uncom-
municative fellows, or promoters who
look wise, and who talk glibily of mil
lions, but whose efforts are as unpro-
ductive of results as are dry holes.
Carlsbad is the center of this field,
geographically but as yet no wells are
going down in the vicinity of the town.
Several concerns are securing leases
on either patented or public lands
round about the town, the most
known of which is the farmers pool,
being engineered by Scott Etter This
concern is expected to tie up with an
eastern company when 1880 acres
and a drilling site are secured, and the
geologist who visited the country win
take only patented land and land in
the general location of the Carlsbad
project. The line crosses the canal in
a westerly direction for a short dis
lance, but embraces lands beginning
at the section line south of town, run
ming in a southeasterly direction to
Malaga, twenty miles away. Some
trouble has so far been experienced in
blocking up the necessary acreage for
this project
r. M. Slteats. a geologist we'll
known in the vicinity, has for years
been advocating an experimental
hole in the Carlsbad country, and al
though Mr. Skeats is is now located in
San Diego where he has an office, he
has sent several California men to the
Pecos valley who are looking over the
country.
1t is well known that well at Lake
wood, owned by the Illinois Produc-
ers' company, has oil in it, but how
muCh, is left open to conjecture. This
company has also acquired lands at
Dayton, eight miles to the north, this
being the same land formerly con-.
trolled by Mr. Humphreys of the Del
Norte of Ell Paso. The Lakewood we'll
is in the nature of a test hole, to try
out the strata, and to provide the ba-
sis for future calculations in regard
to several wells, SO it is said.
The Seven Rivers Oil and Gas COM
pany is the company that is drilling
twenty miles west of Lakewood This
concern has Just buried it's drill but
it's plant is well equipped and 1t will
go ahead in short order. 1t is now
drilling in hard rock and progress is
slow.
The Interstate Drilling association
is an Artesia association in which ten
men of that town combined fortunes
with II. L. Haughton of Fort Worth
president of the Security Banking and
Investment company of Sioux City Ia
This concern owns twenty-five acresl
in Ranger, with ain option on 100
more, and 800 acres'in the oklahoma
field. Its home buildings are twenty
four thousand acres scattered about
Artesiat Daytoni Seven Rivers and
Lake Arthur. It's eastern connections
are strong, and able to put in fifteen
wells and something is expected of
this concern in a short time. It's Ran
ger property abuts IN that of JessI
Willard who paid $4,000 an acre for
five acres adjoining their holdings.
In the Grow Flat country west and
south of Carlsbad the Daugheritys,
wealthy cowmen, have organized a
cattleman's pool, and are going to putt
down a well. Daugherity owns 10000
acres himself, and the well will go
down in the center of this tract. This
district is near the salt lakes country
all of which has been located. In fact,
it is said that not foot of open public
domain exists between FL Paso and
Carlsbad, which as is, as an oil field
goes, some scope of country.