Madison Journal - 1928 BIG GASSER COMES IN NEAR TALLULAH Date submitted: January 12, 2014 Submitted by: Richard P. Sevier USGenWeb NOTICE: All documents placed in the USGenWeb remain the property of the contributors, who retain publication rights in accordance with US Copyright Laws and Regulations. In keeping with our policy of providing free information on the Internet, these documents may be used by anyone for their personal research. They may be used by non-commercial entities, when written permission is obtained from the contributor, so long as all notices and submitter information are included. These electronic pages may NOT be reproduced in any format for profit. Any other use, including copying files to other sites, requires permission from the contributors PRIOR to uploading to the other sites. ************************************************************************************************ Copyright. All rights reserved. ************************************************************************************************ BIG GASSER COMES IN NEAR TALLULAH From May 12, 1928 Madison Journal Much excitement was created in Tallulah during the week by the discovery of gas northwest of Tallulah last Saturday and a large number have made trips to the new discovery. The well of the Texas Oil Company, on Boone, Live Oak Plantation, is now down to 2,480 feet and progress is reported as very slow, due to rock formation in which they have been drilling for the last 60 feet. Information withheld Neither the operators nor the management are willing to give out information, and the progress of the well is shrouded in mystery. It is known, however, that several cores have been taken of late and rumor persists that traces of oil were found. Nothing definite could be found however, in regard to the findings due to the secrecy with which the operations are carried on. Palmer's O'Brien No. 1, which came in on Saturday with a record flow of 51,119,000 cubic feet of gas, is credited as rating with the largest in the State of Louisiana, and the Conservation Commission's agent, who gave the estimated flow, stated that the well might easily have reached 70,000,000 feet but for the flow of salt water which came in at the rate of about 1,500 barrels daily. This salt water will not be present in the future offset well planned. This big gas well is only about 17 miles from Tallulah and is located near land owned by the Ashly Company, for which Mr. G. P. Blair, of Tallulah, is agent. Preparations are now being made for the drilling of new wells by companies holding acreage, who have not hitherto conducted drilling operations in this field. In all, 11 wells are to be put down in the immediate future. These wells, as far as announced, are: one at Transylvania, on the Mark H. Brown Lumber Co. site, by the Woodley Petroleum Co., of Shreveport; one well on the plantation of Senator Joseph E. Ransdell, on Joe's Bayou, by the Palmer Corporation; one well on the plantation of Judge X. Ransdell, on Joe's Bayou, by the Palmer Corporation and two more wells to be put down by the Palmer Corporation, two miles south of the Joe's Bayou operations. Independent oil corporations have representatives looking for small blocks of leases but no sales have been made to date. Five companies are competing for leases on 10,000 acres on Nyanza, Millikin and Ashton plantations, adjoining the Arkansas line, approximately 15 miles from Lake Providence. Interest apparently eases at the Arkansas line. This territory embraces the richest gas field in all Louisiana.