Masterson, Texas

[16][17] This tectonic uplift occurred in the Late Mississippian to Early Pennsylvanian time and was sufficient to expose and erode the Precambrian granitic and rhyolitic basement complex forming a granitic wash, which was subsequently submerged and buried by marine sediments in the Permian (specifically, the Wolfcampian carbonates).

[18][17] The granitic wash and these marine sediments form the pay zones but the "gas, oil and water cut across formational boundaries".

[14][20] The source for the oil, gas and helium accumulations are the sedimentary rocks of Pennsylvanian age in the Palo Duro and Anadarko Basins.

[25] Charles N. Gould mapped the John Ray Dome, which was drilled by the Amarillo Oil Company in 1918 resulting in the Panhandle Field discovery.

[27] After founding the geology department at the University of Oklahoma in 1900, Charles N. Gould worked summers doing field work for Frederick Haynes Newell, first director of the United States Reclamation Service (later known as the United States Bureau of Reclamation), investigating "the underground water resources of a portion of the southern part of the Great Plains.

[29] It was during this second trip Gould "explored and prepared a geological map of Palo Duro Canyon...giving names to the formations" and "studied the anticlines along the Canadian River, indications of which he saw in 1903.

Nobles, a wholesale grocer of Amarillo" if he knew of "any oil and gas prospects..in the Panhandle" to which Gould replied "there appeared to be several big anticlines or domes in that region" but it "would probably be necessary to send a Plane table party into the field and prepare a detailed contour map of the area.

"[31] Nobles organized the Amarillo Oil Company on 24 April 1917, from ten businessmen investing one thousand dollars each, and hired Gould to survey an area that included Lee Bivins' ranch south of the Canadian River, and R.B.

[32][33][3] The company bought oil and gas leases on 64,000 acres around this "typical oil-and-gas structure" and Gould received one-sixteenth of the acreage, plus one thousand dollars, and paid expenses for his services.

Moore County map