The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-17

hundred rigs on tho Mcraskey-
Weufz properties. that docs not give
uu idea OF the Development as the
rrUa. majority OF those riRs are on
wells drilled TO the upper sands
only q fow have been drilled 90 the
I0Wcr SAND. which has been proven
tho most productive. although tner,
are others that have been drilled 90
the top of this annd and arc being
held there uuul tho production may
be needed. The MCtaakey-W -Wcutl
acreage ls now yielding around
$500 barrels daily of this high
grade light oil, rich IN gasolIne con
tout
This acreage was all taken. a NUM-
bcr OF years uBo, some as far back
HH 1911 by tho Mc'aakcy-W Weui1
crowd ut the ratio Of 10 cents an
aero rental per aumum ana con
tract that gave thcm several years
ln which 20 drip To-day these hold
ugs have yielded something like
s.. 900 900 ia crude oil. Of which
over one third has been premiums
paid for the OIL because of It's high
gravity
Df the six sands uncovered In that
area township 28-Ic) the StalnaKer
sand so named hecaus" encountered
0n the Staluaber farm thcrc--haa
been good producer, This ls
found al 1900 feet But the best
production ~ from tho now sand.
discovered about three years ago At
dZOO feet u high-Eradc oh and uyl-
IDENTIFY plenty Of g. Although most
of tho acreage has been drilled 10
the StalnHker sand, every location
viii lu timc be rcdrillod 10 thr a.2OO-
foot stuff By sending on down he
o..
top of this sand. the production OF
| tho district can be increased Qulct-
/ ly tn 5000 barrels "a day, II IL "
{ desired.
Had Tnri Time Paying Rentals.
J.. u Wcntl, the puupA city cnd
/ Of the McCnskey- Went oil inter
/ ests, icascd tho majority OF this
/ land personally lie paid Sl2d per
acre for the leases originally the
/ contract running for 10 years. and
! after two years. time a rental ot 10
! cents per acre was 10 be paid the
| landowners. Tho first year the reu.
! tai became due The company mot
| II promptly. costing something like
| &l.i00, but the next year the com
] panY was shy OF cash and was an
/ ticipating some difficulty in meeting
/ tho rental payment.
The landowners Themselves SOLVED
| the problem however and Wenti
/ paid the entire years rental viii
| SO. The landowners became dis
[ satisfied with the contract they hat
| made In leasing their farms, an,
/ they sought 20 break u. They re
fused. therefore. to accept the ten
der OF SIC covering each man
lGO-aCrc farm at 10 ceuts an acre
Wentz' rcpresen ative called on oaCl
landowner and offered him iu turn
the tl6 in cash. which in the eye
( of the law, paid the rental How
ever the contract stuck and tho fol
lowing year and thereafter tho com
pany was financially able to NEE
Its payments.
Have Big Gasoline Plant
In addition to their oil produc
tion McCaskey-W have n s 900
gallon daily capacity casinghea
gasoline plant, located on that acre
age. one Of tho modern plants o
the Mid-Contluont field. The ga
Of that district Is rich In gasoiin
which Is extracted In this plant
Here also Is located the company
, Lake Supreme. an artificial lake q
, 35 acres, built TO furnish an ade
guatc water supply for all dove on
ment work In the field, md the sur
rounding grounds are now hein
converted into charming privAt
o. country club.
Z In addition to the northwester
v KAY county production, the McCai