San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1924-03-02
PIPELINE From Oklahoma Through South Texas $40

who sometime ago refused an offer of
30 cents a share. Since the Sapulpa
Refining company is at present in re-
ownership and the stockholders would
rather get something out Of the CON-
pany now than wait for il to be re-
habilitated with no definite prospects,
it seems certain that some sort of
deal will be made very shortly. 1t
is understood that steps are now being
taken to terminate the receivership or
work out an arrangement whereby the
plant can be sold at the most advan-
tageous price. When this is done the
deal is very likely TO go through.
Big Well and Important Failure.
An important angle on the Burbank
field last week was seen in the COM
pletition of a 2500 barrel initial well
in the northwest extension and the
drilling of an apparent dry hole a
half mile north of the producing area
in the northwest extension. The lat
ter is regarded as far more important
since it tends to show that the Bur-
bank field may be nearing its final
defining point as far as area is con-
cerned. The northwest extension has
heretofore been the only direction in
which the big pool has not been de-
fined. This tract on which the fail
ure was drilled is diagonal offset
to tract No. 624 to be offered for sale
March 10 and may have considerable
influence on the price paid for that
tract.
The largest we'll completed in. the
Burbank field in the last 80 days was
credited to the Mid-Kansas Oil &
Gas company, a subsidiary of the
Ohio Oil company, which brought in
No. 4 in southeast section 9-27-5 on
the northwest edge of the field max
ing 250O barrels natural from sand
at 1865 feet. The apparent dry hole
to the north of the pool was drilled
by Phillips Petroleum company in its
No. / in Nee NV section 1915
which found a slight showing of oil
in the Burbank sand at 2904-2914
feet, but failed to make well.
Other Results in Oklahoma.
The Wewoka field in Seminole
county was extended half mile
south by Lewis Oil company No. 1
Wolfe in section AIS. Hughes coun-
ty, which made $50 barrels the first
fifteen hours and is estimated for
$50 barrels a day. This well extends
the Wewoka pool into Hughes county
on the south and between it and the
Gypsy Oil company extension on the
north there is nearly mile strip of
proven territory. Being already de-
fined east and west the Wewoka field
will thus be long and narrow as so
far developed.
The sale of an S0-acre tract in the
Wetumka field, IS miles east of
Wewoka, including one well making
about 800 barrels of high gravity oil
for a cash consideration of S250.0 900
featured this part of the state where
as vet only small scattered pools have
been found but where bigger fields
will be uncovered with more intensive
drilling. Independent Oil & Gas
company and c. l.. McMahon of
Okmuigee were the purchasers of this
lease and well from the Gilcrease Oil
company. 1t was located in section
20-9-9, Hughes county, and is three
miles south of the Wetumka pool
proper. A late good we'll in this
section has been reported by Gladys
Belle Oil company and Oklavania Oil
company in section 1893 in the same
little pool which made 1876 barrels
first "a hours.
In the Hewitt field, Carter county,
Southern Oklahoma, where the
previous big wells have settled down
to bumpers with one exception
Westheimer & Daube drilling in sec
ton 1876 south-2 west, on the south
end of the field, Unexpectedly brought
in well making 1000 barrels natural
the first "a hours from sand at $500
feet. The oil tested 365 gravity
which is above the average for that
field. The only other deep sand flow
ing well in this field which is still
flowing natural is the Carter Oil COM
pany No. Al Noble in section 21-4
south-2 west which at last reports was
making 1850 barrels.