The Snyder signal. (Snyder, Tex.) 1887-????, 1920-05-14

ord tho drillers are feeling" for this sand
most the entire distance to Petrolla IL ND
looks as if the Burkburnett ana feIroila
fields would be connected by one long ilhe
producing wells
Another thrifty and substantial OIL town
Electra. It is almost solidly built OF orlcK az
stone houses. and is paved and electrc-hgnt9
Practically all of the big oil companies I'D.
branch houses at Electra. The distance y
tween Electra and Burkbulnett is about
miles and an almost endless chain OF OIL dq
ricks and wells connect the two towns. Ihe|
is considerable new development going
around Electra. While Electra is the pare
oil field of Northwest Texas 1t yet has gre
deal of undeveloped oil bearing acreage.
The Burk- Cameron well in block 1888, me-
Red River, is II miles north of Electra. IL NJ
not been definitely determined as to TINS wen
production, but it is generally believed that Y
we'll will make around 300 barrels daily.
Vernon, the county seat of Wllbarger Couny
is a clearly and well located town. The pr
cpa business streets and several residen,
streets are paved. 1t was good business TOW
before the coming in of the Sigler well, for ~
north of Vernon are the rich valley lands of H
River, which grow wheat, oats, cotton, maj
and alfalfa. The valley is titled by an industl
Gus class of farmers who trade with the Nernl
merchants.
The Sigler well southwest Of Electra al
Vernon. in Wibarger County, which has
tracted so much attention, is possibly an q
tension of the Electra field. When flo1
ing it shows up strong and fills all availa4
storage tanks. The production of this well
estimated 10 be between 500 and 5000 barre
The territory adjacent TO the Slgler well
to be thoroughly tested for oil and many d(
al hoip ad
The Pendleton- Cowden Oil Company a lot
company of Wichita Falls is preparing TO dl
on its 40 acres just north Of the Siger lease.
The Prescott-Peoria Oil Company drilled
the Sigler well. II is a wildcat well and is
Gated on the Wharton ranch. The compal
purchased the lease from the Waggoner Ran
Oil Company last January. Mrs Whart4
daughter of w. T. WagRoner owns the Viii
ton ranch, which comprises about $4,000 acr
Several years ago Mr. Waggoner made
daughter, who is now Mrs Wharton, n ChriI
mas present of this S5-000-acre ranch and D
600 head Of cattle. He also, at the same tir !
gave to his two sons, Paul and Guy WaggonI
10000 acres and 10000 head of cattle ea
Before giving this acreage TO his three chidrl
the Waggoner ranch was solid body of 60I
600 acres of land, and extended over the grc{
or part of Wilbarger County and partly oy
Wichita, Foard, Archer Knox and Bayl
Counties. Mr.. Waggoner still owns over 30I
600 acres of the original 100000 acres. HeI
now offering for sale the oil and gas leases
100000 of his 100000 acres.
That the Northwest Texas oil field is
ready a wonderful field is beyond any questiI
of doubt When completely developed it mi
prove the biggest oil field in the world. q
cording 20 the opinion of the best biologists q
structure of the Northwest Texas field extenI
the entire length Of Red River and south as 4
as Clay, Archer Baylor and Foard countid
When the deeper wells in this field cease fol-
ing and are put on the pump they hold up e
tremely well. Many of the deep wells in ii
townsite Of BurkbuInett which came in
gushers, are now being pumped and their plI
duction goes far toward making up the AVID
age run of $4,000 TO 10000 barrels Of oil whit
flows daily through the pipe lines Of the NortI
west Texas oil field.