Casper Daily Tribune Newspaper, September 10, 1919, Page 4

TODAY'S MARKETS BY WIRE Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. MEDICINE BOW FIELDS LIVELY Well within Mile of Town Down 1,- 900 Feet; Progress Made on is drilling a test well on what locally known as the Little Basin dome. This structure is situated north of Medicine Bow and is per- fectly inclosed. The drillers, Jerry Edgbert and Mr. Doyle, are drilling this well for Heyneman on section 6-25-79, end they report a most fav- orable showing of both oil and gas at a shallow depth. Belief is ex- pressed that this field will produce the grease at about the same depth MUDDY TEST 1S “BEING WATCHED First Well Being Shot by Ohio Com- pany and Results Are WEDNESDAY, SEPT. 10, 1919 ONL BRIEFS The Merritt's deep well on section Gleprock Down 3820 Feet ____ 9-33-76 is making hole witha rotary) The Glenrock well on section 36 in at 760 feet and this well will make| the Lusk field is now down 3,820 feet a test of the second “Wall Creek sand. jand is expected to be completed with In the Jupiter wel! on the east side of /4n additionel 100 feet. Cow Gulch the field, the crew is back at work| well on section 30 also is expected ! of cefine used be too much and] pb ee hole, it would mean the| drilling of another well, as it would be almost impossible to gave the one shot. and an effort is being made to ce- with an additional to produce oil Soldier field, j ve esting } e water that drowned the} drilling of -100 feet, the well: now Amalgamated Rity.. 1.12 1, New York Curb had the misfortune of breaking «| In the Big Muddy, the experiments! of a duster, there was gpongh eit _ extern ESE well No. 1 is dow American a d Bid | Ask MEDICINE BOW, Wyo., Sept. 10. walking beam which delayed opera- new being earried on by the Ohio Oil to make a small producer in the JuP-|3,600 feet. — ee Midwest Refining--- 176% 177°: |The well being drilled on section tions temporerily, but the work is in ©o. on the Jones well are being iter well, but +l es wns aa oe a Rassenant Midwest Common 1% 274 20-22-78 within’ a mile of the main fy) plast again, shed © This well has shale completely drowned .out. by water. Many Near ands \e Boston ‘Wyonsing _ ep . J. Midwest Pretesxed 274 S74 street of this town and directly south “The Producers and Refiners have Wall above the sand and between the ‘The drillers state pe gg a d a Ave male fee Toy Lig y: Big Indian “50 Merritt - 24 242 of the railroad is down 1,900 feet recently taken a star rig, No. 28, Producing sand’ arid the bottom of ion the water comes ron fe Sere: rilled nate ni ¢ Gre x fil ii Burke Oil -_-___- 45 | Gleprock On 5% 57 and good progress is being made. Al- though Medicine Bow and the casing, and the Ohio is putting in instead of from the producing sand, been fof iwnieh iereia i ect. 3 Buck Creek - =e i Cosden ----~-- 11% tho no log of the new field exists it small shots to see if any inerease in| The Glenhurst well on secti The Buc ree! il company has 85 all set up ready to commenc eopera- Okmulgee P. & BR. 2 is believ: it the oil sands should 5 = production will result. ‘This is the 84-76 that burned a few weeks ago,| started two new wells on section 35 Bleck Tall ee S | Sinclair Gut —__ 59 60 | he encountered within a few humared 028 On pe teeeed Come, south: first well in the Big Muddy field to is reedy to drill again and expects in the west end of the field. Connthinted Rigi. 1508 0p | St Cr. Prod, Asm.-- 64% 65 |gegt and on the strength of the be- eet Of Medicine Bow field. be shot in the history of the devel- the Wall Creek #t 4,300 feet. When | ee ae Con Gai = 9 Bo) West. SO. @ L--) 3% 4 {ier that Medicine Bow will experi Idelmann Brothers, former whole- (oinent and should the Ohio have completed ghis hole will be one of| GUSHER IN HOMER FIELD Conpenise y= =e 2 Prod. & Refrs,, com. 8% 87% ence a boom, real estate activities Stle liquor dealers of Cheyenne and <uccegs with its experiment. it will the deepest in the Big Muddy field. On Flowing at the rate of 20,000 bar- piRnoraN 2 are lively. associates, heve two car loads of drill- ji-aly mean that a shooting campaign the west side of the field about three 1.1; a day, well No. 3 on the Shaw Sy 5 ra New York Steck Exehanze | The United Western Consolidated 78 machinery on the siding at Medi- yi) be sterted that will spread over |miles from any production, the Peer- jease, in the Homer field of Louis, epbon eke =---= 03% Mexiean Petroleum - 205 20972 ( Of] comany, dril{ng three miles Cine Bow, which will be moved to the whole field. {less well is shut down and the con- ana, and owned by the Western Oil sppiter 3 6 7 Texgs il 269° west of Wilcox, on ode ode have the Elk Mountain section on what “whe Wall Creek sand, which pro-|tractor is taking his tools away. It is Wields corporation, was completed on SEW ee ‘64 | Sinclair Oil 60% yeached a depth of 1300 feet, but * known as the Cook’s Structure, juces the larger part of the oll in the practically a dry hole and it is high- Monday evening, according to ad- ec reee BIT = “bo | «US. Steel - 106° swere unfortunate in loosing a drin South of Medicine Bow. Big Muddy, will have to be shat care-/ly improbable that work will be re-| vices received in Denver. The new dusk Royalty ————- 4 ; |bit in the hole. This necessitated a) T. W. Davidson of San Francisco, fully, as the overlying shale ceves|sumed, as the well is located too far} well is the second 20,000-barrel pro- i Resi Retroleim ——— me nits job of fishing which has been en-|an old-timer in the oil business, has padiy, and should a shot go off in the awey from the structure to stand /ducer in this field, the first having 1 Mountain & Gulf -- Bi Stanley Greene - 60 e) |tirely successful and are now in full)tecently secured control of a field shale above the sand, or the anantity/much show of making a producer. | been completed a month ago by the Mosher Oi] ------- 1 = Mosher - - 500 600 [operation again. This well is on a north of Medicine Bow about 12 miles = ————— |Standard Oil company of Louisiana. Newest = ae nop Club - 300 4) most perfect structure and it seems in township 2 _He is associated |the material can be placed on the PIANO FOR SALE | This oil sells for $2.40 a barrel. A st - 4 pot 1 & certainty thet heavy production With a prominent firm of Denver ground. | We have stored in Casper agtrictly!, In the same part of the field, Picardy = az will reward the efforts of the com-| brokers who contemplate develop-|STOU"™ remembered that the|,. We have stored ih Casper 4 erht'y \two other * companies, with their Riverton Refining —_ 20 es i his field withi eaees , Snes ony “ |high grade piano which i sold al once | mes ap Danver, have Ac He i ee py pany in the very near future. It ment on this fie ithin the next site of this well is very near where rehased at a positive bar- Pe renee, the auly. © Brod. Corp. in Bees a pee seems that Carbon county is very few weeks. the Cosden company brought in a pend gee tome, If interested write at Producers & Refiners corporation Tom Beil Rig une ‘38 ae a 5 £50 jactive in drilling operations and al-| The Midwest compeny is prepar-| 20,000,000 cubic foot of gas well ity a particulars ip having 2,000 acres and the Gates Oil pated iBatnioaa aA ace 4%s 94.86 though most of the wells are of a ing to commence operations on séc- last fall. THE DENVER MUSIC COMPANY, company sual hued an ea eeres: Wind River Ref. __ 120 ond 43 93.24 {Wild cat nature there is little doubt tion 12-22-79, just a few miles south-. The *Cosdon well apparently was | Denver, Colo. 9-8-15t | ae ee es Guten te se aiiiame EoD 1.60 3rd 4%s 95.16 {but what the county will be the larg- west of Medicine Bow. The rig tim-' located on the apex of the structure! Meet me at the Wigwam. 9-8-6t ey the datter Hees eee when the i WAL oe a eee ao Saas 93.49 |£8t producer of the state. = =| bers were taken out August 29 andj and gas was the result. The Mid- — Bis aataen ot cide ne ae the ar Wvedane 1 hist 4) ies a 99.54 H. C. Heyneman, a San Francisco the rig builders will start putting up west is down on the antecline some he Wigwam: 026:6t 1s ied : Hy S7EIGS Spsner was of : eo z s 5 = bebe capitalist, and former army officer, the derrick as soon as the balance of distance from the apex. | _ Meet, meat We Pye — comntten: aii WYOMING CRUDE OIL MARKET wndatadiaaini ee eee x z= ae me Warm Springs $1.00 Elk Basin -__- 1.85 | Salt Creek — 1.50Grass Creek — 1.85 Big Muddy 1.60 Lusk ___ 1.80 Pilot Butte --. 1.50Lander _ 1.25 oil lands within the state. ffected by the withdrawal, as there | Release for the market a shut-in! are several tracts of patented ground | 5 production of approximately 15,000 | held by the Buck Creek, Cow Gulch ne barrels a dey from wells which have and other companies, while sections | ube been drilled to the sand and capped,| 16 and 86 in each township are : most of which are in the Salt Creek School lands leased from the state of : field. Wyoming, over which the federal : Result in the final disposition of be- ‘@0Vernment has no jurisdiction. Fess. WHAT THE LEASING BILL MEANS TO OIL FIELD AND COMPANIES Will open up for prospecting and development in aggregate of 1,131,- 300 acres of prospective and proven tween $7,000,000 h held in and $8,000,000 ¢ escrow awaiting adjust- at r ment of titles in the various fields “0D upon which: the discovery pelt | of the os is located), the Glenrock Qil Co., the Pormiit the resumption of drilling on withdrawn lands in Salt Greek which is recognized as one of the richest and most important oil fields in the world on account of the longe- vity of the wells and the high gaso- line content of the oil. i The principal proven fields in which there are producing wells and which ‘tare covered in whole or in part byj withdrawals, are: Salt Creek, Lance) Creek, Lost Soldier, Poison Spider, Grass Creek and Elk Basin. Fields largely covered by with-} drawals, some of which have never been tested and others have been proven for ges or purtially proven Mor oil, are: Emigrant Gap, Pine Mountain, Kirby Creek (producing wells are located between withdraw- als on Kirby Creek), Oregon Basin, \Rawhide, Gooseberry Creek, Wagon \Hound, Lucerne, Greybull, Torch- barrels per day ‘o the well, us cora- light, Bonanza, Kimball Gul Bax- | pared to barrels average for the ter Basin, Rock Springs, 1. arge, | country. Fossil, Owl Creek Mountain, Sheep e Mountain, North Casper, Little Buf- felo Basin, Sage Creek, Alkali, and a number of small tracts not designated by any well-known names. Operating companies with holding-, or interests, in Salt Creek, which will be favorably affected by the passage of the bill, many of which ‘have production shut in awaiting re- lease, are: Midwest Refining Co., Mid- west Oil Co., Salt Creek Producers Association (Inc.), Ohio Oil Co., Big Indien Oil & Gas Co., Nutional Pe- troleum Co., Curtis Petroleum Co., Columbine Oil Co., KE. T, Williams O11 Co,, Mountain & Gulf Qjl o., Domino-Wyoming Oil Co., Besseme Oil Co., Franco-Wyoming (Wyom- ing Oilfields) Co., Boston-Wyoming diated Royalty Co., Wyokans Oi] Syn-| dicate. | Not all lands in Lance Creek are Among the companies having state leases are the Ohio Oil Co. (the sec- Big Indian Oil & Gas Co., the Sun- | set Oil Co., and the Western States Oil & Land Co. The government estimated that on Jan. 1, 1919, Wyoming had 400,000,- 000 barrels of oil available in the ground. Only 9.5% of the probable oil in the ground has been extracted as compared to 38.1% in California, 61.4% in Mllinpis, 69.1% in the Ap- alachian fields, and 36 per cent in the mid-continent field. Wyoming crude hes the highest gasoline extraction of any field in the United States, being 40° to 50% was compared to 24% in the mid-continent, 28% in the Appale- chian ,and 12% in the California fields. Wyoming leads all other fields in he average production of wells, ac- | cording to the Standard Oil Co, of New Jersey, the average being i0 OL NOTES OF BASIN’ REGION Work on Midwest Test Suspended | | for Time; American to Start | { Two Wells | i} i] (Special to The Tribune.) ) GREYBULL, Wyo., Sept. 10.—The | Midwest, which has been preparing for u test well 4,500 feet deep, has Truck Costs ¥ studying your hauling work, we deter- mine the type and size of Goodyear Truck Tire best suited to it. This is the first step—and a mighty important | step—in our complete cost saving service. It is oftentimes amazing what a reduction in trucking costs is secured by care in selecting tires. We carry Goodyear Solid Tires, Goodyear Cushion Tires and Goodyear Pneumatie Cord Truck Tires in stock and have full confidence This Tire Service Reduces and safety. Every detail of the work is carried out according to our shop plan. And we save the time of drivers and trucks also we have an effective remedy. because we have plenty of parking space, a big hydraulic press and a well-equipped workshop. After the application of tires, we inspect them regularly for signs of undue wear or for in- juries, For all adverse conditions, taken in time, Precautionary treatment means getting the final miles out of Oil Co., Allen Oil Co., Eccles Syn-| S¥epended work pending the wrrival dicate, Consolidated Royalty Oil Co. | Of several officials expected here this Blackstone Petroleum Co., Duthie W@ek- Work will recommence with- in them. your Goodyear Truck Tires. Oil Co., New York Oil Co., Economy Oil Co., Success Oil Co., Central Wy- oming Oil & Development Co., Wyo- kans Oj] Syndicate. The Lance Creek withdrawal covers 77,400 gcres and takes in pra tically all lands on the structure cept deeded, state and school lands. Similar to the Salt Creek situation, many of the operators claim that their titles were protected prior to the withdrawal. The principal com- pahies in Lance Creek affected by the leasing Dill Buck Creek Oj}! Co., Ohio Oil € Wyomnig-Montans Development Co., Western States Oil & Land Co., Midwest Refining Co., Texas Co., Lusk Petroleum Co., Cur- ter Oil o., Glenrock Oil Co., Lance reek Royalties Cr Lusk Royalty. Union Oil ¢ of California,| Greybull river about September 16-! ou Co., a ack ail edy werOne The location is near the present wel!, sreat ern tolekum| which is holding up to all expeetp- Co., Tom Bell Oil Co, W Rock aa Oil & Ref. Co., Exploration Oil & Gas Co., Tom Bell Royalty Co., the Royalty & Producers Co., Blact Thunder Petroleum Co., Rock Oi! Producing Co., Producers & Kefiners {in the next 15 days. a | L. F. Santag, manager for the Mc- Ausland Oil company, left this week ‘for Oklahoma on company business. | es Joc Afflick has returned from Den- ver where he attended to business | eon the American Oil company. i Dr. A. D. Lathrop, president of the | Unit Oil & company, is here from Montana. This company is down 950 fect und has encountered rea! vil. = Officers confident of 4 yood well being struck. Two more wells will be udded in during the mext ten day The American Oil company will spud in two wells on the bank of| | tions. ns | | Enaction of the leasing bill will see! {renewed drilling activity by the Mid- west and others in this district, pe- cording to reliable sources. Goodyear Then we enable you to make further cost re- ductions by applying tires with promptness Let us furnish you proof of the cartage-cost sav- ings which our service is effecting for others. Truck Tire Brodie Rubber Co. 166 So. Center Casper, Wyo. Phone 772M Service Station Blackstone Transit Co. 165 So. Ash. ‘Phone 908 Gorp.. Cow Gulch Oil Co. Grus u decd Creek Petroleum Co., Troy QOjl & No snake, fro; ad or lizard has | = ‘ As ' : = : . ‘ a eta pa Tbe es ing Sa