The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-01-31

All acreage on every oil Struct-
ure in the Lake Basin is leased up
and much of it has been under
lease for a year or more, according
to Billings oil men who are inter-
ested in the development OF the
field. Big companies are also con-
tinually looking ove the field and
seeking acreage and several inn
portant deals have been consum-
mated within the last few weeks.
Midland Refining company of
Ponca City, OKLA, has a good block
on Six Shooter structure where the
Midwest Refining company we'll is
now being drilled, and the Leonard
Petroleum company, California Oil
company, and others have taken over
leases on the structure. Elfred Beck
holds several hundred acres. The
Gibson Land Development company
has a block of more than 1000 acres
neal Six Shooter dome.
Gypsy Oil company biologists have
also looked over the field and al
though no deal has been reported,
it is expected that they will hold acre
age within a short time. Carter Oil
company is also Investigating the
field and it is expected that they will
buy acreage within a short time.
Hailstone Making Good Time
Keenan, No. 1. Mid-Northern we'll
on the Hailstone structure. has been
making good progress and is now
drilling at 420 feet, according to the
latest reports received at the Mid
Northern office from the field. The
crew spudded in on Hailstone Janu-
airy 2 and hole has been made at the
rate of nearly 80 feet a day.
The keenan, we'll will be drilled to
the Kootenai formation which is ex-
pected at about $500 feet, according
to Mid-Northern biologists. The
Colorado shale, Frontier, Dakota and
Lakota sands will be encountered
above the Kootenai.
Six Shooter at 1855 Feet
Snyder No. 1 we'll on Six Shooter
structure, being drilled by the Mid
west Refining company, is down 1885
feet, according to reports at the Mid
Northern office and is in the top or
just above the Frontier sands. This
is the first possible chance of a pay
ing stratum but little is expected of
this formation. A small amount of
gas is said to have been encountered.
Snyder well has been making good
time since the trouble with welding
of bits, when the operations were de-
layed through the breaking of the /
welded part. I
On December IA a small show of T.;
gas vas obtained in the Eagle sand =
at $50 feet and January 6 free oil in
small quantity was found at 2,117
feet, although the latter was not con-
sidered of Importance by officials of s
the company drilling the hole. 1
Murray Rig Is Up {
Rig is up on the Murray location I
on BroadYiew dome and drilling is
expected to start on the deep test.
This hole will be across the fault
from the other wells drilled by Mr..
Murray.
Work at the Hepp No. 1 Midwest
we'll on Big Lake structure in Lake
Basin has stopped until the arrival {
of a carload of heavy rotary casing
for fishing, which has already been I
shipped from Pennsylvania, accord s
ing to a telegram received at the :
Mid-Northern office. The shipment +;
may arrive this week, officials said
The Hepp we'll is down $3.50 feet :
and no drilling has been done since !
he casing first broke more than six 1
weeks ago. Unusually bad luck has t
encountered in pulling the cas- v
ng and new jacks, die nipples, and {
other equipment which had to be
aiken to the field have each added to d,
he delay.
Gas Flow Still Strong :
The gas flow of 100000 feet is
IT'LL as strong as ever at the Hepp
we'll, although it has been blowing
rom the open hole for the last four
months.
The gas has also been responsible
Tor considerable drilling delay as it
has twice blown through the casing
Ind the crew has had difficulty in
operations. The gas was
piped off several hundred
Yards and burned.
When the last of the six and one
luarter-inch casing is recovered from
he hole it will probably be neces-
'ary to spend some time cleaning it
,ut before drilling operations are re-
'umed, is the opinion of oil men in
In tho wall