Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-01-29
DAILY REVIEW Of OIL OPERATIONS
FROM LEADING FIELDS Of STATE

spccia 10 the News
FORT WORTH, Jan. Further
reports from the Hilb0rn well of
Foster ct al. in the southwestern part
OF Eastland county. which is prom
Using to open up an entirely new field
OF deep oil about thirty miles from
any production now definitely recog-
nized. indicate that Il Is real dis
coyery OF great importance.
New Producer Reported
The well was reported Saturday to
have struck an oil sand but at that
time there was no report OF actual
production, further than that the oil
shot over the derrick when the drill
first struck the formation. The well
now IN reported 10 be- in the gray line
at depth OF 5000 feet and to be
producing about fifty barrels daily.
The well will be completed as soon
rs casing arrives and storage Is pro-
vided. In the meantime operators
are no tundul" excited but would not
be surprised this well opens up a
new field.
D. land District
In the T. lsiland-Ranger district
there are several new producers, as
follows:
Madding No. OF the Prairie oil
aud Gas Company. 500 barrels
Cotton No. Of the Prairie oil and
Gas Company, 40 TO 80 barrels.
Wagner ct al No. Of the Mid
Kansas Oil and Gas Company, 100
barrels daily.
In the southwest Ranger district
the Humble Oil and Refining Com.
pany Is preparing to shoot two wells.
the Fargason No. and the McCord
No. ).
Stephens County
In stephens county the Humble
has abandoned three wells, all on the
Ingram lease.
In McCulloch county the Thad o.
Day we'll. which has been showing
Tor production at depth OF about
500 feet. Is reported 10 be- sloshing
some oil out OF the top OF the hole
and will be definitely completed soon.
Day has returned from the north and
has made location only $50 fee;
south OF the present producer. Nir-
tually all OF the major com slnies
operating In the North Central Texas
fields have taken acreage in that
vicinity and will develop their hold
ings as soon rs the Day well gives
the territory "a definite statue.
Interest Increasing
Biologists bring reports that in
creasing interest In oil development
now is manifested throughout East.
Northeast and Southeast Texas. since
there have been several favorable
showings in those sections of the
state. They declare that all of that
territory lying between Logansport.
La, and san Antonio Is prospective
territory which has been named Bal
cones Fault, Much prospecting In
that vicinity Is expected TO develop
from recent explorations.
Showing in Cherokee County
A showing OF oil was reported only
last week in Cherokee county, near
Alto. while other showings have been
found near Gary in Pamela county.
and now Gillette ct al have started
q deep test in the extreme south
west corner OF Ruck county.
In the northeastern part OF the
state Geologist +. II. De Wore de-
clares there are excellent oil pros
poets In the vicinities OF Paris. Bon
ham and Whitesboro. lie recently
has made an inspection in Wichita
county and declares his belief that
there are yet undiscovered pools OF
oil In that territory.
Another Advance Expected
oil men In the North Central Tex
rs fields confidently believe that an
other advance in the price of crude
oil in the Mid-Continent field will be
announced with u week or ten days,
brinign the price To $685. per bar
rel. Advances have come In the Tex
MS fields as rapid vas in the eastern
fields, aud announcement has just
been made of another raise OF -
cen, 50 barrel In Pennsylvania.
---------