Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-04-15

| The exact location or this hole
has not been determined, but It
was said that according TO the
survey mapped out, IL viii be very
near that town, and with favorable
findings there 1t win lead 10 fur
ther exploration on the McAllen
side Of the river.
Marland Is planning this test
after three years OF work on "a
geological survey. III was said the
company has its structures defined,
and they are ready TO 20 after the
pay they believe TO lie below the
surface in that section.
Monterrey Headquarters
Jimmy Tatum, who has been re-
presenting that company in South
Texas, out or Ponca City, Oklahoma.
3 being removed &c Monterrey. and
that city will be made the center
OF operations in Mexico. Heretofore
the Marland has operated out OF
Tampico. Now they are moving 10
explore Valley structures. "A scout
u two. and other representatives
Of this company, have recently
been staying at McAllen and the
company has had representation
at Laredo.
IL has now been decided 70 center
operations at Monterrey and the
first test viii be right at the edge
Of the upper part or the Lower
Rio Grande Valley.
This information was obtained
from a representative OF an in
dependent operator at Laredo, whose
company has big production IN the
pools around that place. Asked
what he considered the situation
around Roma. he said his company
had never had reports on the pay
the Texas company has hit there.
He added that one attempt was
made 70 get q report on the well
in the field, hut thst the discovery
hole and the lease were guarded
and the scout chased off.
MarIand Usually Knows
With MarIand going after pay Just
across the river. IL means that an
other major company, after three
years OF work has decided that the
fluid that builds cities overnight
and starts money changing hands
like nothing else, believes that big
pay Is to be found. To what depth
they will carry the search could not
be said today, but IN the oil frater-
nifty IN Is known that the Marland
company, built into a major rep
resentative of the oil world BY the
astute Z. w. Marland OF Ponca
City, does not do things by halves
in oil operations.
That the Texas Company, one
OF the largest OF the majors opeF-
ating in Texas, hit pay near Rome,
has not led TO further tests for oil
Il due to the fact that this com
pany has such large lease holdings
near the discovery, that the inde-
pendent cannot get holdings any
where near the hole to gain a foot
hold for operations
Great Day in Valley
With this situation IL seems that
the major companies are preparing
TO do their own defining OF the oil
territory believed I'D exist at tho
upper end cf the Valley. This means
that oil development in this sec
ton will be slower, and probably
without the mushroom. growth wild
caters sometimes start. but In a
Surer manner, and -ith Saner meth
DDS.
The beginning Of this search I'm
May means that with N deep-water
port in view at the lower end or
the Valley, a causeway 10 Padre
Island 20 open the development of
a resort, a survey OF the Colorado
Arroyo. which will make for Har-
lingen N great pleasure business.
and prospects OF oil dollars being
poured into the business activities.
the Valley * facing m developments
never experienced by any other
territory at any one time. and least
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