Casper Daily Tribune Newspaper, October 4, 1919, Page 4

PAGE FOUR 73" Feee “TODAY'S MARKETS BY WIRE | WEEK 15 DULL Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. Western Ex Local Stocks Bid Amalgamated Rity. 1.00 American - 02 Atlas --.-- } emer ===> Boston Wyo. ---. Big Indian - Burke Oil - Buck Creek ck Tail Colunbine Cons. Royalty Cow Gulch ~ Fikhorn ete Gt. West Pete - Gates Oil — Hutton Lake Jupiter —- Kinney - Lance Cree: Royalty - Pete Mtn & Gulf Mosher Oil Northwest Outwest Picardy - Riverton Rfg. ---- Royalty & Prod. - Sunset ----. Tom Bell Royalty United Pete. Wind River Rfg. --- 16 KE. T. Williams ----- 1.57 1.62 WYOMING CRUD E OiL MARKET ---$1.00 j Elk Bagi ----.-. ---- 1.60|Grass Creek 1.50 |Lusk 22... 1.50 | Lander ~~ Werre Springs - Salt Creek Big Muddy - Pilot Butte -----.------- Government Geologist Claims It To Be One of Most Promising Localities in the State State Immigration Commissioner Charles S. Hill has received from t United States geological survey bu- reau a report on the Upton-Thorn- ton oil district of castern Wyoming which shows this to be one of the promising petroleum localities of the state. The report sa Phe Upton-Thornton oil district lies on the western flufik of the B Hills in custern Wye and Crook counties. itvelf is in seetio 66 OW 66 OW and sectio) 19 N., R. about thr northwest town of ‘Thornton, on the Burlington & Qujney rail- > about 20 miles south- the Moor ft oil field, 0 miles northeast of the Salt Creek oil field and ut 80 miles due north of the Lance Creek oil field. “Ana about 60 sq which includes tt territ the producing oil well drilled and the adjacent country, hus recently been examined by F. T. Han cock, of the United States veological survey. department sviot who has submitted a report on it for publication The report is ace pa nied by a map sho the bounda- ries of the mation, with contours showing the geologie <tr ologic tu ind ¢ sections show tion of » different foria ‘ me another and c¢ sa It n th mit < in the field mat velon th Oi) company, control we larg part of the f dipping: sand, which reached depths ranzing from 14% to 845 feet he yield per well is low, averaping five and ten barrels a da The ot iv of excel quatit nd has a cifie pre y 1 O.820 O26 vt 1h dt by small refinery Southwest Oil Cc local tre th xusoline and ot product “The: oil £ ol inti tructural terrace here the rect dip much te teeply than they do in the urrowndy An out crop of deeply dipping varie und is only half a le from the nearest, well and a mile and a half from the ost remote, a fact that not ouly permits a close study of the eharacter of the sand but that helpe + Io show the of the vitentiog of some geologist. t ul whenever at wil-bearing sand eapesed so much of its oil will eseape as to preclude accumulation i mercial quanti fies near The extent to whieh the oil escapes, or its eseape at all, prob ably depends on a change in the dip of the bed in which it is contained or on variatic in the texture of the rock that forms that b vellas on the level of the water and other condition which are subject to considerable va riation “Within the Upton-Thornton di trict, but outside of the proven fict! Nhere two domelike anticline which tructurally suited to bring about accumulations of gil One of these anticlnes, called the Thorn tun dome, is in sections 7, 8. 17, 18, and 20, T. 48 N., Re 65 he other called the Upton dome msec tions 34 and 25, 17 N., R. 65 W., and 47°N., R, 65 W., The oil-bearing sand of the produc ing welle iy fion 17 18 NLR OF THE WORLD'S OIL SUPPLIES} AND FIELD NEWas= IN OIL FIELDS Lull Is Reported after Run of = Great Gushers, Says the Derrick’s Summary Slowly “each year the oil bearing|supply by another, nayon these’ prices | Boards; Sinclair Stock to Be are being obtained b ireat Britain, one w Following the reports of numerous G large wells for the last few weeks from the various oil fields, there has come the usual lull deseribing the “black gold.” economists see the solution of Brit- ain’s problem of paying off its gi-) gested several remedies that would ; aid our own oil prodution and thus/ jest T aftatte. "Mr. Of the entrance of England into|#lleviate in some way the threatened) fis time to personal affairs. "| The Texas Company has received the oi] market and the possibility of further oil production in the States, this writer of oil s. ngland has fore: vast and fast increa and has acted in ady New York Curb --171.00 172.00 Midwest com, Midwest Preferred -_- Glenrock Oil reported, sa. kly summary of the Oil City gantic war debt. mainstay of pruduction, had a run of light producers, large in number, but not of important size. quently some of the pools show a de- shale oils, Okmulgee P. & R Sinclair Gulf Salt Creek Prod — West States —- Prod. & Refiners New York Stock Exchange 228.00 224.00 ~269.75 270.00 - 59.50 60.25 ---106.00 104 showings which promise to lead to The main features of this division are the lack of tran portation facilities and the long dis tances between It will require time to remedy this situation, and thus the fields will be held back and there will be no immediate danger of an In the Gulf Coast the wildcat operations are attracting the most attention, nearly defined. “How will this growing control by Great Britain of foreign oil bearing lands affect the United States? tle today, because we produce new discoveries. world’s supply of crude oil. what of the tinue to be ing country that we are today? “Dorsey Hag ing oil geologists of the world and Mid-Continent field, gives his opinion: “The production 1 fields of the Stanley Greene Will we con- careful operating methods. “<The use of oil for fuel is a great waste. It seems to me, and the same, idea has been expre: Arthur Pogue of the Smithsonian In- stitute, that the use of oil should be for lubricants. And using it so ya- \Which will be used for new acquisi-| riously "as we are now is a national One, extensions and working cap-) FARGO DOWN 1100 FEET al, overproduction, of the rank- the pools are Operators in North Louisiana are waiting on the results of the many tests drilling for the deep sands in the Claiborne distric wildeats which sur- United States will certainly be so low at the end of the next ten years that th as well as the round that development. ' visions, reported nothing out of the ordinary routine of fair completions. The new Hewitt district in Carter county, Oklahoma, is attracting con- bricants will be scarce of other fuel will still exist.’ May Prosecute Oil Firms WITH WELL NO 12 TODAY Hi restrictions and| Fifteen Denver firms engaged in ' ' “But even these re: remedi only a stings ts, uccording to Mr. Manning giving any new oil of import- tor Phelan and other like well and both of these shou'd + of production ready are exhaus and Illinois ar Kansas both are decreasing low; Oklahoma and 1.85! completions show for 1,000 and 700 1.80. barrels respectively and the best pro- 1.25, ducers reported amen | the S GLOWING REPORT MARGE CW UPTON THORNTON FIELD AY U. 5. SURVEY STANDARD MA ENTER LARAMIE Duplication of Burton Process Mill There Is Indicated by Investigation uuthorities, is for the United resentation. Attorney General Vic- States to follow Britain’s policy of tor E. Keyes of Colorado is assembl-! Wyoming will not likely be a larger ational exploitation and encourage- \ing information to be used in producer and California has prospected and is despite an occas small proportion: “Mr. Hager | possibilities of new production in this tricts failed to discover any Is, and in consequence the | production of both showed a decrease. | The best new producer in the Osage for the week started at 500 barrels. The counties of Pottawatomia, Sem- inole and Hughes are be up by several oil compa | work is starting in this eastern sec- | tion of the state. Kansas reported nothing of import- | ance for the week in the amount of work under way. The Elbing-Peabody pool did not f, ure in the week’s news. in the state have been abandoned on account of running into water. The estimated production Northwest Texas fi ending September been well! ment. * And it might be well to add that new field of thgre can be no just cri Great Britain for its projected oi} q movement in foreign fields— ‘4 4 -. ply a wise and foresighted move to Thursday carried sixteen cars of | * CZEMA - safeguard the far-flung British Em- : pire and make fleet of oil burning war f shall have fuel and that England's Sent westward to Salt Lake Ci The tanks are filled from the Rock YI KS a7 ui BODYGUARD” -3S0 “© Some pr in Southeast Utah rizona, in Oregon and Washington, around the Black Hills in the Dako- ma and Florida, How- of importance pt an increase | of war. sree opportunity. The United States has lino Several tests : stats been busy otherwise, Great Britain has been getting the biggest stack ,of the particular chips that happened ‘to be most valuable at the time. And those chips now are oil rights. Prospective Policy Needed. “Mr. Manning, director of the bu- reau of mines, in his report made come suggestions United States should adopt to pro- tect itself and its people. One of them is: “The government of the United , States should adopt a zealous con- tinuous and effective policy of pro- tecting the rights, properties and lives of American nationals and citizens operating in other countries.’ “Our attitude in Mexico, where our most valuable foreign oil properties situated, offers 2 marked con- t-to this sugge: teciing our interest “A further suggestion by Mr, Man- ning wi S “ ‘Necessary legislation and = ma- chinery should be prov possible at once the creation of a world-wide exploration, development producing and marke company, financed with American nl, guided by American engi- ng and supervised in its inter- national relations by the United been developed em quite restrict- New Mexico and the Panhandle furnish the last large prov- ince.tho geologically possible for oil. y develop some fields of im- :, but at the same time opera- tions may prove a total failure.” Ids for the week | week’s report, but not up to the high record of se ed to reach 300,000 bar- The gains for the at Burkburnett The best new producer in news was the Drillers Oil company’s No, 1 Barnes, in the Pl | ant Grove field, which demonstrates Britain's ‘monopoly refining situation at Casper is to be duplicated here, Standard Oil company as well a Refining company erecticry credited with on inside ter- a refinery he is indicated by the would not postpone the ultimate oi ritory near the FT It is believed that | completions in the Ranger district will do as it did investigating view of the situation at present lead ut within ten yea none of great size. duction and we shall then wells in the Duke pool started at 1,- 500 barrels and 1,000 barrels, with of smaller output, and Stephens county j The two largest crude from which the Midwest refin- | ery has skimmed the more valuable | “In other words, ngw, providing Gr at Britain's sweep- OIL SEEPS NOW COMMON AT WHEATLAND. predictions of oil geoloyis Hy are horne out, the United Slates be%a buyer of oil instead of a H F wells are hrot s00d shows ar they materiali . Will extend the pro- A new pool is s in the south- dicated by r part of the feature of the Ranger district is the s conclusions may be “, yet unfound, wrong and v Even supposed dr the opinion of many pre- made paying producers w cerine, altho at times two shots we The operators at Burbur-| nett ure marking time to a certain) sumption of vi ent, and wailing on better facili-t ties to cure for their p oil could be care trict would produce prol more than it. is. veen found one ‘ e “Let us have an understanding be- ind one-quarter miles from that on} e| Wyoming field. , Bh ore we begin, ute at which our con- Senator Phelan in ddress in the POISON SPIDER-BOLTON 190 million be In 1918 the production of the a water hole + observed a rity! { ee he neater |t@ the Oklahoma boundary, but have not yet been completed. work is being rushed to Burkburneit,! collected this by skimming, and} applied a mich with the result that he scum caught fire, emitting a d nd the odor of burning oil.! submitted to oil! the things made from it thar year the average petroleum wa gusoline was completion of several lines ure twelve cents a artings at from Several concern ; Several concer a barrel for crude, snd in the lower! taken in the work at Blue Ridge, to” ultimate consumer being even bigher. “With a control of the world ariug in this: are hopes of des ae sruton dome, Hy yield oil in wells drilled nthe flank of the ' possible that the deep- of Carboniferous GEOLOGICAL WORK Maps and Blue Pyiats, Surveying Crude Oil Tosting a Specialty Wyoming Map and Blue Print Co.. P. O, Box 325. Rm. 10, over Lyric Casper, Wyo. (By United Vrew yal radio picked up an §. O. steamer Pussuic as ashore off Barnegat lig’ istance was s Old Woman anticline, 75] nough to lest it: before ed as barren of been drilled ut two points, and the Appearance of NEW FORM OF Assessment Affidavit If you want to hold your Oil Placer Claims without doing your 1919 Assessment Work, you must record an affidavit to that effect. ered drill entered ooo DD-ODTOBRARDM OS5-006. ource of oil and gas than the Thornton dome, i pronounced, having a clos 0 foek as again We have these new forms, prepared by one of Casper’s leading Corporation Attorneys. of this new ruling and get these Affidavits NOW, The Commercial Printing Co. Oil Exchange Building. PRINTING 4 In the Upton dome the sand- Take vadvanlage nein the lower part of the Grane beneath about ith a cap rock LP PHSHHHSG SG ENGRAVING L lands outside of the United States | are not likely to be less tq Americans. | - Offered at $60 subjects of |The growing use of petroleum in jn- ? fat , ; out/dustry and transportation makes us ses -Mi t for |pay an invisible tribute to it inevery- 4, Schuyler Quite Midwoet, In this project some) thing we eat, wear or use. fe - ide ny “Mr. Haer, in his interview, sug-fthe board of directors of the Mid-| o¢ 4,500 feet. | west Refining company and the Mid- SATURDAY, OCT. 4, 1919 % i Reliance Buys men Schuyler Retires from Midwest) The purchase of 4,500 feet of stec/ cable and other equipment by the \Reliance Oil Company bears ports that the company will resume deep drilling at ‘an early date on its |west Oil company. He will devote! Texas Has Big Contract ac- out re- holdings six miles west of Dougles The test will be completed to a depth famine of the future. These sugges-| Schuyler was indentified with Ver-|, contract from the General Chem- includé the increased use offmer Z. Reed and Berne H. Hopkins|j.2) Company for the delivery to the of oil derived from lignite]in founding the ,Midwest Oil com-!jatter at its plants of 300,000 bar- and even alcohol for motor}pany in 1911 et the time when the/,o1, of fuel oil a year, to supplant sed before Db; from the sale of 900,000 shares, | The time will come when lu- hile plenty to production would provide] promoting oil and shale operations afeguard for American inter- terns face prosecution under the! oo nform-*tising and other forms of misrep-! present, of Rock River Crude Shipments ieaaigime One train out of Rock River on grade oi] for the refinery at Flor- ence, Colo., loaded from the tanks in that city, and three cars were tr ‘s may not be cut off in cz . x és cngland has been alive to its; Creek field thru the pipes of the Il- e¥¢ Pipe Line C While our government kas And It Snowed! as to the policy the ed policy of pro- ied to make Pneumonia. Zz petroleum vernment. said one, WILL BUY UNITS OF SYNDICATE Name Lowest Price. Address Box 3, Tribune Golden Opportunit Watch this space for the op- portunity of your life time IT ISN’T OIL IT ISN’T CITY LOTS WHAT IS IT? PLEO LOLOL LE DELO LEE ES OE a ae ———— ing to company reports. 13 well of this company is awaitiny the efforts of the company to secure The company reports } the! rig builders. prosecution. that there are none available at the And It Rained! ‘And It Is Cold! Watch Your Step Avoid those Colds which often develop Come in and let ys OUTFIT you in CLOTHES and FOOTWEAR that will protect you. ~~ “ 164 SOUTH CENTER The Home of Society Brand Clothes CAE BS CME BLS MS. spirits. |Salt Creek field was first coming) 0991 as fuel for its motive power. “One. factor and only one that|into prominence. No director has} ppis contract, while not of great mag- will stop the great decline in our; been chosen to replace Mr. Schuyler . fields,” Mr. Hager said, “is such an/on eihter of the boards. improvement in operating methods} that instead of recovering only 10 Sinclair Offering at $60. Istéad of coal. to 20 per cent of oil, at least 40 to) Stockholders in the Sinclair Con-|of New York is working on an ordi- 50 per cent will be recovered. Our) solidated Oil corporation will be of-|nance governing the storage of oil as greatest loss has been in wasteful fered the privilege of subscribing to methods O oe eee i I py {the new issue at $60 a share to the| common council several contracts for O55) hati coulatiarwelyaversyelcct Y' extent of 30 per cent of their pre-|{fuel oil will be executed with manu- ‘sent holdings. Formal announce-)facturers and the owners of some of iment of the offering is expected | fthe largest buildings in the city. Most nitude, is only one of several which indicate a general tendency to util- jize oil in eastern manufactories in- The fire department fuel and when this is passed by the \soon. The Sinclair corporation will| pf this oil will come from the Mex- jreceive upwards of $50,000,00%/ ican fields. emporary stop-gap. The only|thru the sale of stock in their con-| The No. 12 well of the Fargo Oil 4 é: 1 A mpany in the Poison Spider field Sena- Colorado laws for misleading adver-|j; down 1,100 feet this week, accord- No. N % N N ‘