The Fallon standard. (Fallon, Nev.) 1920-1958, 1922-12-20
Oil Development
Most Flatterino
Syhu@ate Sets Casing - Iahontan
Starts Work Coming
Week

De'eiopmentS in the FallOn oil
Held this week have been of more
encouraging nature than for several
months past, In fact the Syndicate
has reached everything but a flow
ing well, and while this conservative
company is not saying a great deal
TO the wide world, yet the feeling of
confidence has been established and
within the next ninety days a great
deal may be told regarding the fu-
ture of Fallon, that is, as far as oil
is concerned.
FOLLOWING the arrival of q fishing
tool last week the hole was cleaned.
This news was important as the CON-
pany based much of its immediate
development on the result. Follow
ing the cleaning of the hole the cas-
ing was pushed down. Late Satur-
day the casing was lowered to the
bottom, resting ON the oil sand strata
at 1857 feet which was the objective.
In speaking OF this Mr. Vencil said !:
THE casing is where we want 1t,
and while 1t has been hard struggle
and we have had many set backs and
some hard luck the fact that we are
now down where we set our mark
is the big thing. We are preparing
to cement off the water and the men
at the well are now busy on that part
of the work. The cement will have
TO set for about three weeks or more
before we can resume operations.
Naturally we feel that there Is hope
Of bringing IN well or we would
not be drilling. 1t has been eighteen
months Of hard work aud has caused
a lot OF worry to the company. but
the last week has cleared up lot of
difficulties. AS soon as everything is
right 1t Is expected to finish the work
and know Just what we have got. ;"
To those who have watched the
consistent work of the Syndicate,
and have banked much on their de-
yelopment. the news Of the week Is
decidedly satisfactory. In this con-
nection 1t can be stated that the two
men ON the job, Mitchell and Phelps
are entitled to great credit They
have performed all kinds of fishing
jobs and overcome many difficulties
that seemed almost impossible In a
hole half a mile deep.
Along with the Syndicate news
comes j. A. Holman OF the Lahontan
Company. He arrived here Saturday
evening and has been on the job ever
since. The company has been reor-
ganized, money placed in the treas
ury and the order gone out to start
drilling as soon as possible.
MIR. Holman left Monday morning
for the well and has a crew busy
overhauling the rig. Arrangements
have been made with Mr.. Mitchell,
driller for the Syndicate, to take over
the work at the Lahontan. AS soon
as the cementing job is finished at
the Syndicate work is to start on the
Lahontan. This will probably be
early next week.
In speaking OF the work Mr.. Hol-
man stated that IT is the intention
of the company to sink at least an
other thousand feet IL necessary In
order to determine whether there is
oil in that section of the valley. He,
like the other going concerns, are
showing their confidence In the big
venture by putting up their money,
and it is money that talks In oil
wells as much as mining.
Other companies are making plans
for an intensive development pro-
gram within the next few weeks. BY
spring 1t is anticipated that half a
dozen more rigs will be working, and
from the rumors that are rife oil
will be developed, quantity seems
now TO be the only question.