The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1920-01-02
OIL NEWS

The Brown well. seven miles south
east OF Artesia. blew out again Dec.
Z. Tho oil ran down the road iAo
yards from the well. and the puddles
10 the east OF The tanks were filled
with oil. II IL estimated hat the
well produced several hundred hnr-
reis OF oil during this last blowout.
This h. the second time In the past
thirty days Thar this well has spoutcd
OH.
W. r. Fristoe Of Elderado, Kan
sas is at Artcsla looking after his
placer Interest. lie Is enthusiastic
over the oil boom. has had "a great
deal OF experience IN new fields, IL
inois producers are said to have oil
already IN paylng quantities In their
No. III they would only put in a
pump, as casing Is full OF OIL
Three more OH wells started In
QUAY county
Tho drillers Of the National Expio-
ration company at Picacho are pull
inE the ~ Z Inch casing now in the
wei preparatory to trimming out aEd
putting in the ib-lnch casing which
war not here at the time the well
was started. As soon as this new cas-
ing is put in drilling at the well viii
be Immediately resumed.
One OF the biggest sales OF the
state Of New Mexico oil leases, made
since the half million acre sale TO
the National Exploration company.
haB been closed by Harry $. Wright
through the sale Of 10000 acres OF
state leases In L.aa county. to Kansas
city Oh people and "A substantial cash
payment has been deposited in n
OF the Artesia banks as a guarantee
of good faith on the part or the pur-
chaaers who are said to be expert
onced oil people, and who are re-
ported to have "a drilling program
that calls for at least our test holes
10 be drilled In Lea oounty. In ad-
dillon to above mentioned drilling
program for Lea county, the Ranger
Lake OIL company IN reported to
have acreage blocked FOR drilling
rear Ranger lake in northern Lea
county. and another company n drill
inE location ear Loyington and IA
Texas company b. drilling "a deep test
uu the Texas side within about eight
miles Of the south line OF Lea county.
Another big Oh company has cast
It's fortunes in eastern New Mexico.
The Venetian OH a Gas Co.. OF Win
field. Kansas. has signed a contract
TO drili on 1000 acres % placer oil
filings In Township 10 south, Range
% east. five miles north Of Hope, In
ECdy county, New Mexico.
The oliver and Sullivan COMPANY
have unloaded another standard oil
rig at the La Lande field and 10 r.
said that " The present plans DO not
fuit there will be a. least six rigs
drilling in that field In the next nine
~ days. Every thing in La Landc b.
on the boom, new buildings are going
up. streets are being improved and
"a. town bids fair 90 become one of
the hest Ia the eastern part o. the
state.
The purchase Of 100 acres immcdl-
atcly adjoining tho site up0u which
they ARE drilling for oil was the most
important development fhts week iu
the affairs % the bcs Moincs OH a
Refining company. The purchase
was mndc from the TOWNSHIP company,
and the consideration was $4,000.
This gives the oil company coutrul of
am the property uround the drilling
site and Increases their outright hold @
ing- Co between three aud four hun
Gred acres. In addition they huyr
leases ON nearly. 10000 acres. fcv-
eral of the largest companies have
sent their experts and biologists there
recently. eyidenring their Interest In
th exploitation Of the prospective OH
field here. However they are unable
20 ccure an opening for the reason
that tho Dies Moiuos on a Refining
company has every foot OF desirable
land anywhere near the field either
bought Of leased.
\ contract has been given Tor ten
shallow oh wells ia Deaf smith
county.