The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-21
OIL Notes From Wichita

special 10 The world
WICHITA, Kan, Nov. 20.-'rhe
Lucas pool Va eastern Butler county,
Kansas, has proved something OF a
disappointment, with two produc-
Ing wells. one which may make o
producer Of small proportions, and
five failures.
However, Swo wells north and
northeast OF the Lucas well are now
on top Of the 2.GOO-Toot sand with
good showiuEs and on drilling in.
one OF them might get good flow
OF oil. one OF those Is GrIcves and
others No. Drumm, 29-26-S. and
the other Heron and aCOciatcs' No.
| Snyder IN 3l-26-S. There are still
several other wells drilling In the
vicinity Tho producers are maxi
ing a total Of about 400 barrels o'
oil a day.
For strictly wildcat territory the
territory around Mcpherson. Kan.
40 miles northwest OF production,
looks good. The Chamber OF Com
merce well northwest OF that city has
had several good oil and gas show
lngs between 900 and l 500 feet and
will go deeper A rig l. on the
ground for a test sIill further north.
between Lindsborg and Salina.
The Craig pool. north OF the old
Butler county has furnished more
surprises and good wells in a shorter
time than any Kansas pool In
months. There are now five com.
pleted wells pumping, flowing oi
swabbing an average of goo barrels
a da! each some Of them going 900
barrels. Two more are being com
pleted and efforts will be made tC
connect It completely with the Fox.
/ BuFh district, which would make
one narrow pool at least sever
miles long Shnwings IN wells still
further north indicate It may e.
stili farther that way. The new
pool appears to be M least half a
mile wide, and e looks like tho wells
/ there would have better staying qual.
| tiles even than the Fox-B wells
The Derby oil company and
/ Frazier seem TO have opened up 4
new gas pool and possibly a future
| oil producing area I'm northern
! Chautauqua county two miles cast
l OF the McAllister pool At l,60t
/ feet. after several good oil showings
/ they are bringing In a several millior
/ foot gas we'll This is two miles
| from tho Empire gas line. Gas IN
/ this district brings 10 cents at thf
| well The well is In l9-32-l0.
/ legal turn OF mind believe that while
AN oil lease decision handed down
this week by District Judge Jesse
/ d. Wall NJ SodFwick. oount". Kan
/ is important because OF tho fact that
| It settled the ownership NJ several
! million dollar oil property. Il IN more
gnificant still to tho oil Industry
because OF the precedent n estah-
/ fishes on tSe legal regard OF an OIL
lease.
In dcclarlLg the several million
dollar Paris oil lease In the Elbins
/ oil field to hc the property or the
Butler County oil company, tho
Judge held that lease IL real estate
and not "a chattcl In other words
/ he decided that a lease on land for
oil or gas purposes cannot be inter
preted az the personal or chnttel
property OF It's holder but must be
termed real estate property, and be
taxed and considered as such.
Attorneys today are predicting
/ that II the decision stands, a great
number Of suits giving this a. au-
/ thority for their institution, VIII be
/ filed 10 give further g,l'f 10 70 the
companies VINO havo operated leasoH
| In practically all oil cases hereto
| fore, Judgment has been returned on
| the theory that an oil lease Is
/ chattcl. In tho case In hand the
. l20-acre Paris lease In the Elbinf
/ field had been lcnscd and the lease
changed hands frequently until II
was obtained and developed by tho
| Arkansas River Gas company and
/ found to br Immensely rich. This
lease was one OF the properties oi
/ the pioneer Butler County oil com
pany, In financial straits. the com
pany parted with the lease, and th'
lease was bought at auction for IS
/ As oil was found near It, II gradually
grew in value,
The judgment Is that the lease Il