Production - Domestic - Oil and Gas Development in New Mexico in 1938

New Mexico retained its position in 1938 as the sixth largest oil-producing state, with a total production of 35,510,176 bbl. This was 2,875,598 bbl. less than the 1937 production of 38,485,774 bbl., or a decrease of 0.077 per cent, which was caused by the lack of pipe-line facilities and storage at the pipe-line terminals. The production for Lea County (excluding Maljamar) was 32,926,788 bbl.; for Eddy County (including Maljamar) was 2,225,411 bbl.; and for northwestern New Mexico (San Juan and McKinley Counties), 357,977 bbl. The average daily nonmarginal well allowable for Lea County on Jan. 1, 1938, was 65 bbl. At the close of the year it was 49 bbl. The average daily pipe-line runs for domestic consumption were less than the state allowables recommended by the United States Bureau of Mines. There was a demand for Artesia crude for foreign export, which if included in the daily production for New Mexico would be slightly in excess of the daily production recommended for New Mexico by the Bureau of Mines. The daily average production for the year was 97,329 barrels. There were 622 completions in the state, of which 520 were oil wells; 16 hydrocarbon gas wells; 5 carbon dioxide gas wells, and 81 dry holes. Of the dry holes 38 were in or near-by proven fields and the remainder, 43, were wildcats. Five new fields were discovered in New Mexico during 1938, three in Lea County and two in Eddy County. Southeastern New Mexico Lea County.—The Monumcnt field was the largest producing field in Lea County, with 9,440,334 bbl., and was closely followed by the Eunice field with 8,872,335 bbl. The Hobbs field was third with 5,010,414 bbl. The greatest activity in Lea County was in the Vacuum pool, with 129 completions, of which 126 were oil wells and three were dry holes. The Texas Company completed its Corbin NO. 1 in the KW 1/4 SW1/4 sec. 10, T. 18 S., R. 33 E. in August. This well was drilled to a depth of 5118 ft. in a white sand, encountering salt water. It was plugged back to 4315 ft, and pumped 43 bbl. of 36" gravity oil in 12 hr. It was approximately 6 miles southwest of the closest production in the Vacuum