Guadalupe County is currently experiencing the beginning perhaps of its greatest oil boom in history.    The Gazette learned this week that some 15 producing oil wells were now being completed each week and that approximately 25 oil companies and independent groups were as "active as bees" throughout the county.
    Meanwhile, Seguin hotel lobbies, coffee shops and other public places are being habited by representatives of various oil interest groups.
    One reliable source, who requested anonymity until a later date, reported:
    "This thing is getting to be a bigger boom all the time.  Oil leases have jumped from about a dollar an acre to many times that amount."
    "And practically the entire county is being leased right up to Seguin's front door step."
    The man added that new oil companies and organizations are becoming a part of the Guadalupe County oil picture daily.
    While the oil activity is pretty well scattered throughout the county, the most successful new production is coming from a "five-mile-oil-belt" eight miles southwest of Seguin, near Lavernia.
    The belt which is in Olmos Precinct, runs west into Bexar County.
    Some of the major companies involved in the new oil activity are the Sun Oil Co., of Pittsburgh, Tulsa's MidStates Oil Co., Maple Hughes, Plymouth Oil and Gas, C. G. Glasscock, H and H Development Co., of El Pason, and Theiljohn Oil Co., a south Texas organization.  
    The first of two wells to be drilled by J. Paul Massart, who is with the Jenning Oil Co. Of Jennings, Louisana, and William M. Bigler, will be drilled near Capote Road.
    They will drill a Trinity Test on the Joe Gatzke place, having contacted Davenport and Bennett, of Luling to do the drilling.  
    The report "very promising oil signs,"  
    Site of their second well is undetermined.
    It is estimated that about $150,000 a week is being invested in Guadalupe County's new oil activity and that 30 per cent is retained in the community.
    It has also been reported that four chalk wells, three relatively new, each has a potential output of 100 barrels a day.
    The first chalk well, which has been producing for 20 months and encouraged the recent drilling of the other three flowed oil under its own power for about 12 months.
    It has been further reported that there were approximately 100 new producing oil wells brought in during the past 12 months.
Seguin Gazette, February 3, 1955