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Schoenrich, Otto

"A Country with a Future"

A pool known
as "agua hedionda," "stinking water," had long suggested petroleum,
and an American company known as the West Indies Petroleum Mining and
Export Company undertook the development of the field. Oil was struck
on November 14, 1904, the well spouting oil to a height of seventy
feet and producing about 500 barrels per day. The grade of the oil was
22 Baume gravity with an asphaltum base. It was better than the
average of Texas oil and was considered a good fuel and lubricating
product. The main difficulty in this field was the presence of salt
water above the oil (as is often the case in oil regions), which here
came in rapidly at a depth of about 900 to 1000 feet. It was necessary
to put a gate valve on the first well, keeping it enclosed for a
period of six months, in order to prevent the damaging of the
surrounding property from the flow of oil, as there were no storage
tanks. During this time the continued agitation of the casing by the
gas pressure and the looseness of the upper soils and shales let in
the salt water and ruined the well, and, it is to be feared, to some
extent affected the surrounding territory.


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