The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-02-21
Made Money al Heaidton.

~ W. wv fNfs. Nlhtt=H Il Fps aVs--f'flF
OF the mon who has made an Inn
mense fortune out OF the Healdton
! field Is j u. Schermcrhorn, who has
been residing in Chicago, but who is
now moving TO Minneapolis. MINI.
| where he has purchased one OF the
handsorest homes in that city Mr..
Schermerhorn is worth probably
al 100000. and he has invested his
money In farm loans and IN sheep in
the state Of Minnesota.
His father was missionary
among the Indians and they gave
/ him the right TO select any SO-acre
tract OF land he might select in the
/ Chickasaw or Choctaw nations. This
right was conveyed to him in the
terms of tho Atoka agreement. Tho
so acres allotted to the Rev. MIR,
Schermerhorn was purchased from
him by his son. j. Y. Schermerhorn,
after the allotment was taken in the
Healdton oil field
While ]. r. Schermerhorn was in
the cast, in college, he and f. w.
Merrick, prominent in the oil fra
ternity of southern oklahoma, be-
came friends. Mr.. Merrick was
| practical oil man, he was in the
fields about Bradford, Pa. and
when MIR. Schcrmerhorn became pos
sessed Of oil property he turned to
his friend Merrick to help him man
age his property. How well the work
has been done is demonstrated by tho
| immense fortune that MIR. Schermer-
horn has amasscd
We'll No. on tho Schermerhorn
farm, which was drilled in five years
ago and had an Initial production OF
5000 barrels, is now tho biggest
well In tho Healdton field. II has a
daily production OF 400 barrels and
from this one we'll Mr.. Schermerhorn
Is getting more than $1,000 day.
| five years after II was first drilled in
| This property is now being managed
| by Joe Richards. who Is an oldtimer
in the oil business and who has the
| property in first-clas condition.
| Mr.. Schermerhorn Is good to his
men, and while he insists on good
services he takes pride in paying
his men just a little more than men
on any other lease get
Carter on company No. T. Noble
farm. is at depth of 1907 feet and
is making 25 barrels -nc rig is being
rebuilt and the well will be drilled
deeper. No. on the same farm is at
a depth of 1875 feet and Is making
25O barrels, and is now cleaning out.
No. 3 has rotary tools moved In. No
has the S-inch casing cemcnted
at $50 feet and the cable tools rig
ging mp. No. 5 is drilling at $40 feet.
| No. 8 is n rig and No. has timbers
on the ground.
Texas company well No. ., on the
V. r. billiard farm, in 27-4s-2w. is
cleaning out at $50 feet. Well
No. 4, on the same farm. is
drilling at 40 feet. Well No. 8.
In the northeast of the northwest of
| fha N 90
from the north line and $50 feet
from the east line, has the rig tim
bers on the ground. Well No. s, in
the southeast of the northeast Of the
northwest of 27-4s-2w. 150 feet from
the north and west line, is moving
in rig.
At Ponca City.
Kay County Gas company No. 2.
OF the Minkehshe allotment in the
northeast quarter OF 1925, cast
Usage county, made 220 barrels In
the first "a hours ending Thursday
after being drilled IL feet deeper
to total depth OF 2,666 feet. The
Kay County Gas company and Mar
land Refining compnny's wildcat
test on the Muschunkashey ailot-
ment in the northeast quarter OF
l6-25-S east, which filled ND 900
feet with fluid Wednesday, made a
flow when opened UP Thursday and
will be drilled into the sand found
at 2,512 feet as soon as tankagc can
be built. Considerable interest ia
centered on the Marland Refining
company's wildcat test on school
land No. s, in the southwest quarter
OF 16-29-3e, which had a show of oil
at $500 feet Thursday and Is being
drilled deeper. The we'll is a mile
south of the Kansas line in Kay
county and six miles from tho near
est production.
In the Osare