The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-07-10

would be business asset for this city more valuable than any single industry nov here
.en "A Dr vsa'' u So a e Somerset as sen sc wn i IS s0 vmy aa'o Of of tms D n%! emyd for s 5' snss5n mas
5000 to 1000 shallow wells with an average daily production Of ten barrels each of
can be utilized is worth more" Note-cude Ill has advanced since the above rhl5
Gle was published ad is now strong at 1915 Y
I'VE are MyD beginning to know watw We have at Somerset"
Being a shale OIL it may prove practically everlasting since tests have shown
WI wb na ta md STA m ha ns s @p as as 1%u r sn an haa P Pin , sMe IN ms nd through
Another comment by a San Antonio paper reads: The Somerset field at this
quns considerable capital to operate in this field successfully, bt oil Doducuo in
vEsrMENr PROPOSITION. returning a fixed and know income day, the shallow
year sholds see a more extensive development campaign than has evrt taken paoe
in the pas"
Think some more! How do you know there is water anywhere
in the flat about Moscow? This territory has been drilled and
wells dug and the fact proven. We know there IS water. The Som
erset oil Yield, in what is known as proven territory" has been
proven in the same way-they have now drilled about 200 wells
and have never found a dry hole
Why is the Grayburg company, after several years in this field,
only recently increased their capital from 81, 100000 to $5,oooo0o,
and invested 100000 in more leases in the same field? After
several years drilling in this field they surely ought to know, and
yet read what DR.. Fred L. Thompson of San Antonio, president
and organizer of the Grayburg company, has to say Of this field:
and VI, rSsr this n al 'mar vii aa have na At least 1a, 1900 acres es . EVERY foot a. Of (Which. whch is pro proven stuff
1000 acres v can drill 400 wells every one Of which will produce There will be
we'll WI IN any parta it. we ill gth OF at the usual depth
With the new territory in the Somerset field just acquired by
DR.. Thomson his company has 81 wells with an average produc-
ton of about 10 barrels each, and this company plans $50 new wells.
Now DR.. Thomson lives in San Antonio, has lived there for many
years, and has become a millionaire quite recently, making his
fortune from these shallow ten-barre1 wells.
On the 18th of June, just a few days after I was in San Antonio.
the Chamber of Commerce of San Antonio, got up an excursion
and 500 people drove out and visited the Somerset oil wells. The
San Antonio Express says of this visit:
Five hundred people from San Antonio went on the excursion with the real
estate automobile and oil men Of the city to the Somerset shallow oil field yesterday
afternoon, with bankers as guests,a an nearly that many people were amazed at the
development they saw. Standing on IN elevation Oh the Ozark Lease where lunch was
served at oclocko one could count 100 derrcks overp producing Ill wells. or wells in
of being drilled and even theno ne of the. richest sections of the field ws
when they saw the oil derncks standing thck over the country that San
Antonio has, her door.on of the richest oil POOLS where the Ill ron a we'll pays for
cost of the well wihna year..
At this place, Judge Carl, of whom we have spoken before.
standing there in the field, talking to San Antonio people, told the
people the cost OF a well was not in excess of $4,000; that most of
the wells paid for themselves the first year, and he declared:
THERE is NOT A DRY HOLE IN THE FIELD He
added that his company expected to drill eight more wells, giving
them IL on the pump by January 1, 1920. Mayor Sam C. Bell, of
San Antonio, who was present, said the Somerset field was a safe
and sure investment.
About the time we came to Moscow this spring a number of
Greeks, residents OF San Antonio, against the advice of men who
Claimed to know, when out one mile from the Helvetia Copper
Companys producing wells, towards the Medina end Of the field,
and began drills. They brought in sIx-barrel well and were de-
lighted. While our party were in San Antonio in May, these bows
brought IN their second well, the biggest ever struck in the field.
which flowed IFS barrels, shooting over the derrick, and settling
down to 40 barrels a day on the pun. These boys will drill 50
more wells. And oil me said: "This indicates that the biggest oil
towards the Medina end of the field
Since then our No. 3 came in and flowed % barrels and was
flowing when Earl David sent the wire.
AS we told the people the other day, those who expect to get in
tie left.