San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-09-09
FIELD =
FAST FORGING
TO THEFR0NT
Credited With 3 Largest
Wells Completed in State
During Week. "a,
MORE OIL PRODUCED
Increase of $4,000 Barrels
in Daily Production
Is Recorded.

Up to the present neither the Prairie
nor the Sinclair has followed the action
of the Magnolia Petroleum Company
in reducing the price Of crude oil IN
North and Central West Texas. How
ever, predictions are being made on
all sides that this will be done in the
immediate future.
The opini)n has been voiced t-,m
more than one source that the Meg.
nclis has adopted the only course that
ultimately can again establish the mar
ket on firm basis, and it is toward
such a readjustment that conditions
now are pointing for the first tim, in
i,Gny months. 1t is significant that
the revision in price schedules is tas-
ing place at the flag end of the season
Cor from this tine there will be let
up in the derna..d for crIde and cor
resi- ending Leap in CON- EDITION among
pipe line companies can be expected.
Just what c;.urse in prorating vii! be
taken by tn, major companies in the
event of a general reduction in tie
price OF crude is not known.
Situation Not ENCOURAGING.
g The situation in Texas is not 50 cr-
couraging this week from the pro luo-
ton standpoint, there being an "a
crease of more than $4,000 barrels Of
crude over last week.
The bulk of this increase comes from
Corsicana-PowcIl field where th'rc
were 81 competitions and every well a
producer. This field produced 43,4S1
barrels more oil during the week lust
past than during the preceding. One
half mile OF virgin territory has DerI
added to the Powell field. and no IN
dications are in sight that the south
ern limits of t., producing region lave
been reached. I: is predicted that the
field will make 100000 barrels Of
crude day before the middle Of Sep
TENDER.
Luling TO the Front.
Next to Corsicana-Powell, the field
in Texas that is forging ahead Just
now is at Luling in Caldwell county.
Production is slowly but surely in
creasing there, and it is a significant
fact that the further north the wells
are brought in the better producers
they are. Three wells are reported as
brought in at Luling during the last
week. all of them averaging 1900
barrels. These wells were: The United
North & South's ALI Mercer 1. W. F.
Mercer 1. and Tabor /. The Gray
burg Oil Company brought in its lee
Byrd /. for 5000 barrels, and the
Royal Oil Company completed its Ia
Dor 4, at depth of 2137 feet. for ap-
5000 barrels. With the
of adequate pipe line and
loading facilities. the oil interests are
taking notice of Luling.
In the Gulf Coast field, Orange
shows up with the most compilations
but four out of the five wells finished
there this week, resulted in dry holes.
and the one producer came in for 800
barrels. A 30-barrel well was brought
in at Spindle Top: Batson reported
one completion with IL barrels initial
flow: Goose Creek was comparatively
inactive. there being only two compile
tons and one of these a failure with
the other flowing only go barrels;
Sour Lake had only one addition with
10 barrels production. and Hull re-
ported two new wells. one good for
800 barrels and the other 20.
Concentrate Mt Powell.
There is little drilling going on in
any of the Gulf Coast fields at the
present time. the major companies hav-
ing transferred their best rigs to the
Powell field.
Considerable activity is indicated in
Archer county bv twelve compilations
with only three failures. The biggest
we'll was brought in by the Sunshine
State Oil and Refining Company in
heir Carter Brothers No. 4. This
we'll flowed 700 barrels OF crude at
.5Sj feet. This same company brought
n two other wells: Carter Brothers B,
With an initial production Of 400 bar
els at 1880 feet. AID Carter Brothers
}, for 215 barrels at 1910 feet. Bird
veil and Heydrick brought in their
Yrs. J. II. Carter Jr. for $50 barrels
It 1851 feet. The other producers
we're small, ranging in amounts from
3 to 40 barrels. Most of this oil is
oming from the Sunshine pool near
he center of the county. The Sun
hine State Oil and Refining Company |
las added an unusually large amount |
{ new production lately from its Car
er tract.
Burkburnett showed up with two
ompletions during the last eight DAYS.
ne well good for 80 barrels and the /
Their making % barrels. Electra had
i've new wells. but two of these were
ailures. The Magnolia Petroleum
Company brought in 150-barrel pro-
ucer in this field. along with another
-ell flowing ten barrels. Young and
hackleford counties each report one
ew well. the one in Young turning
ut failure and the Landreth Produc-
ON Corporations Mrs. F. Lynch. in
county producing 120 bar
els.
Texas shows a total Of 6S compile
ons for the week, and - out Of the
5 wells are producers. The three big
Est initial flows were reported from
iuling. Corsicana-Powell is follow
lg close on the Caldwell county fields
cells in the size of the wells.