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- Oil
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- Talk of oil came to the
area with a "wild cat" test well northwest of town
in 1926. This drilling did not produce enough oil to justify
developing.
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- Leasing of mineral rights
always develops expectations from land owners. Oil leasing was
done in the Petersburg area in 1938. Some drilling followed there
in the early 1940's. In the fall of 1940, a test well was drilled
ten miles south and two miles west of Abernathy. All these drillings
ended in disappointment.
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- In early 1946 a discovery
well was drilled in the Anton field. Lee Irish, who bought a
farm near County Line in 1935 and moved here from Bell County,
had an oil well drilled on his farm the winter of 1945-1946.
In January casing was cemented in the No.1 Irish test in the
northeast corner of Section 18 Block DT, five miles east of the
Anton field. They had drilled around 8500 feet. The well pumped
195 barrels in an eight hour swab test. The first part of May,
1946, the Lee Irish well was officially 354 barrels in twenty-four
hours.
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- Two more wells were staked
by Stano1ind in August, 1946. This was the beginning of black
gold in the Abernathy area. The Anton-Irish field around County
Line has been a boon to the area economy.
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- There have been some wells
drilled northeast of Abernathy but no field has developed. Two
years ago two wells were drilled just south of Abernathy but
the off-set wells developed no more wells, so there are no wells
in the immediate area of town.
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