The Oil Fields Of Mexico (9233b393-693e-4c27-8a2d-26822b97bad0)

I HAVE read ill the Bulletin (May, '1914) a paper by H. von Höfer relating to the Origin of Petroleum, in which the author supports his and Engler's views, expressed before, of the organic origin of petroleum. Von Höfer pronounces strongly against the hypothesis of the volcanic origin of hydrocarbons, as particularly advocated by Eugene Coste. In Mr. Coste's articles, so well known by the public, he refers incidentally to our Mexican oil occurrences, especially of the Gulf coast, as proofs of the volcanic origin of the oils. This belief comes from the fact that, in our Mexican oil fields of the east coast, the majority of the producing wells are located near volcanic necks (remnants of small volcanoes, mainly of the explosive type), or near certain gibbosities in shales, resembling mounds, some of which' are really uplifts due to volcanic forces or to abortive eruptions. The first attempt to explain the oil coming up around volcanic necks in Mexico, was made by me in a small article1 published in 1905, soon after the investigation ordered by the Mexican government as to the outlook of the Mexican Gulf coast as a future oil producer. When E. L. Doheny of Los Angeles, Cal., and I located the first producing well of Mexico, I was also the first to predict the great future of the oil industry in Mexico, just at the time when the government and some Mexican geologists felt rather pessimistic. The Mexican investors and the general public, as a result of these discouragements, did not pay attention to this important source of common wealth until recent days. The realization of the value of this source of wealth has been so sudden that we are menaced by the consequences brought about by a great boom. It was quite impossible, about five years ago, to induce Mexican capitalists to invest money in oil lands. So the few large foreign companies operating since the beginning, easily secured large holdings, in spite of the trouble frequently resulting from faulty titles or ownership.