Deming graphic. (Deming, N.M.) 1903-1948, 1920-03-09
l.. ii. Davis. Veteran Oil Man oil
the III Paso Times. Reviews
Conditions Here
LARGE COMPANIES INTERESTED
Favorable Geological Formations are
Attracting Much Attention From
Big Capital East and West

That New Mexico will be the scene OF
the most extnsive wildcat exploration
during. the present year and will be de-
veloped by a number OF the big com.
panies and scores OF smaller companies
In almost every county Of the state Is
an assured fact. Already pay oil has
been found In the counties Of Mckinley
and Rio Arriba in the northwestern
part of the state, and also in the Pecos
valley counties of Roosevelt, Eddy, Il
Chaves and Lea in the southwestern
part Of the state. One well In the Gal.
lup pool Of Mckinley county, recently
brought in, yielded about 20 barrels
Another In the Chama pools In Rio
Arriba county, came in two weeks ago
with a yield OF eight to 20 barrels. In
the Pecos pool, in Eddy county, one
well Is said TO yield 20 to 80 barrels. |
In Union county a well with five TO 10
barrels was brought in a couple OF
months ago. In numerous shallow
wells, drilled by ranchmen, gas and oil
seepages have been struck in the Tula-
rosa and Hueco basin fields, and In
the Jordando basin, in the upper Rio
Grande valley. In the Tucumcari
pool, which is considered to be the west
ern extension of the Amarillo gas belt.
extensive drilling. is in progress, and
some showing Of natural gas made. In
the southwestern part OF the state, In
Luna and Hidalgo counties, some gas
and oil seepages are reported to have
been found In the shallow wells. \
glance at the map of New Mexico
shows the wide extent and areas THAI
have good showings for oil and Sas'
scattered In the four corners thereof,
hundreds Of miles apart, and the in
termediate central counties where good
oil Indications are attracting the at
tention of the major companies.
Geologically, the formation attract
ing most attention are I'm the Cratace
Gus, the Pcrmian and the Pennsylvania
formations. Some biologists prefer ont
formation, other another. Those who
prefer the Cretaceous, which in Wy
oming, California, Kansas, Louisiana
: the, Gulf region of Texas, and the Tam
o. .ico field Of Mexico, can find exten
| sive areas of CretaceOus In the Tularo
IN and the lower Pecos and the RE
:. Grande regions of New Mexico. II
4 these, doubtless, oil will be found at :
l. shallower depth than In the older for
L NATIONS. Those who prefer the Per
d mian formation, which has proved s.
It productive in the Burkburnett aud TN
l, Red river pools Of Oklahoma, can flint
d IL in the Gallup pool Of Mckinley coun
~, In the Tucumcari pool of Qua.
o and Union counties, and in the Peco
?, field along the eastern side Of Ne'
e Mexico. Those who prefer the Penn
s. sylvania formation, which has prove
}: n prolific formation in Pennsylvania
& Ohio, Illinois, Kentucky, Oklahoma an
the north central Texas field, can fin
the Pennsylvania developed by create
thickness in the middle Tularosa an
Hueco basins Of Otcro county, and !
: the southwestern counties Of Luna an
. Hidalgo, than anywhere else in tn
= United States as evidenced by the e'
" posures on the scarps of the Sacri
mento, the Hueco and the San Andra
- mountains north and east Of III Pas
Among the companies who have larg
leases I'm New Mexico are the Standnr
=" Oil. the Gulf, the Texas, the Mid-CoI
tinent and the National OH companie
and under the advice of their eNpei
&c biologists they are either drilling
preparing to drill scores Of deep tes
i'm various fields. Unless all signs fai
hundreds Of deep i,'sts will he drilled
New Mexico this year. The Mid-Coni
nent oil, Gas and Refining compai
< alone. through its president, Fran
Z Thompson. of Kansas City, Mo, HI
lust secured leases on over one milli'
q acres in New Mexico, and has obligat'
itself to drill ten deep tests this yea
= The testing ont Of the possible oil
4 sources OF this great area north, eai
| and west is Of vast Importance to
| Paso. the metropolis Of all this va
region and It's market for productio