Casper Daily Tribune Newspaper, November 5, 1919, Page 4

PLN ; SATISFACTORY | Illinois Company Has Trouble 1 Lost Soldier-Fort Steele Line. The Mlinois Pipe Line Co., is having troyble with the line from the Lost Soldier to Fort Steele. This line is proving rather small foi the oil it must} carry and during the cold Weather as the oil congeals and clogs the line so that the pumps cannot move it against the heavy pressur If more pressure is applied the fittings on the line will give way. Added to the trouble of making the oil flow thru the lines in cold weather, the Mlinois and other pipe line com panies in Wyoming are encountering considerable trouble hecause of a cent edict sent out of Washington b: some officials who evidently could put to some better use than trying to regulate the pipe’ lines of the wester stat This ruling requires that load ing racks at all points where oil is de livered to the tank cars must receive their oil from a storage or line whose line of gravity must be lower than the! point of delivery In other words, the ruling states that all deliveries’ from either a storage tap or the end of a pipe line must be raised to the level of the tank car me Outside power other than grav! This means that nearly road delivery stations in W) be abandoned or heavy of money made to reset storage and} pipe line ends. At Lusk, for instance. the Iinois tanks are situated on a Jow butte about a haif mile from the rail d. tracks and the fall from the stor permits the tank cars on the switch be filled, without the use of an additional pump and power. This condition is to be foynd in p every field all over the country espécially is it true in Kentucky where the railroads follow the valleys for the most part and the oil fields are on the high. ground. Now, according to the new ruling, the Hlinois Pipe Line Co. at Lusk mu: abandon its tank farm there and move the; storage to a point below the level of the rallroad tracks, where imminent danger of floods must ve. encountered. Then, after making this move the firm faust-install a power plant, in itself ® grave danger because of the fire! especially all the rail oming must expenditures Furnished Daily by Te Local Oil Stocks |amatg mated Royalty -. Ame an JAdas -. . Bessemer ... -.... Boston Wyoming -----... Big Indian Burke Oil Buck Creek Black Tail — es Columbine --_ ___. Consolidated. Royalty Cow Gulch . Elkhorn .. Great W estern, Petroleum. {Hutton Lake Jupiter Kinney ----.. Lance Creeks Royalty. Lusk Royalty Lusk Petroleum — Mountain Mosher Oil — Northwest Outwest Picardy ~ Riverton Refining Royalty and’ Prod. Corp._ Sunset —_.- Tom Bell I Gate -. Wind-Riyer Williams, Western I 1, 354 32 Wg i43 3,80 - Warm Sp Salt Creek Big. Mudd; Pilpt Butte < 1.50 of 397,269 barrels. risk, in order to pump the oil from thiz!Th* Joss in production came from they the lower point the tank loading rack. to cars at out because of a fan: a line might break some flood of oil onto the railroad tra This has long been taken care of 1 the pipe line engineers of all the lead- ing firms in the business. ‘Using’ nu- merous safety gates and valves, | and double locked with the ried only by the storage farm « and automatic’ valves that. would niet off the flow should it get beyond’ con- trol; watchmen on the job at all hours. of the day and night, have up to thé present prevented even a semblance of} danger. SWINGLE OIL COMPANY FILES. DISSOLUTION CHEYENNE, Wyo., Nov. fication of dissolution of the Oil company of Casper was filed in the office of of state here that} }for * | being North Texas fields, where the falling| off was greater than the total decrease Nother divisions. A decline in completed wells was found in néarly all fies, the only ones having an increase Pennsylvania, ~ North Louisiana and Gulf Coast. T nanges, however wee small in any field, the largest de- crease being 59 in Oklahoma, and the st gain was 11 iff the Pennsylvania cts. North Louisiana reported the afisome increase of 4 barrels and a gain ol a nef division with the xception of Mlinoix, which had 64 bar: re mere than the previous month . largest falling off was 78,785 bar- in the North Texas fields. This, Nagtion from any ision still affords the bulk of the nev output, its share’ in the October total being 54 per t, while in the! previous month it 3 65 per cent. | » Gulf Goast also had 6,388 1 less than in September and the syivania division showed Wi barrels. The changes in the other fields were slight. ly favorable for development work, the omy drawh ks being the excessive ra‘ns in Texas which made the roads ssabje, 1 prevented the haul: of taterial for new work. This rz els | Penn-} was partly offset, however, ‘as the rains | GATES OIL HAS NEW WELL IN BEGES FIELD, OKLA No.5 on the Dicey-MeIntosh » Beggs field of Oklihoma en completed with an. estimated prodyiction of about 1,200 barrels. This well was brot in by the Producers and Refiners’ corporation but the Gates Oi company has a half interest in this 110- acre © This "makes u total of five wells on this property with a prosecution of wap, proximately 6,000 barrels daily. The: Leggs fietd is said by experts to be one of the best peols in Oklahoma at the ©. ‘The Producers and Ke oration has large joint hold this field with the Gates Oi * cor in ings company. Dl ASSESSMENT WORK MAY BE DISPENSED WITH FOR THIS YEAR BY U.S In # special message to Kh. M.4Boeke, utterney here, F. W. Mondell, floor lead er of the Republicans tin the house, states that u resolution Which ts» sgon to #0 to the senate will mean Ut all assessment work during of 1919 will be npted if i y message follows: public resolution No. 10° proved August 15, exempts from an- nual assessment work for 1919 min- ing claims includihg oil placer claims. * The relicf is limited to five claims be- longing to any one claimant. There is to be a resolution presented soon to the senate which will do away with the five si limitation, saree RING FIGHTER OPERATED UPON CHEYENNE, Wyv., Nov. Ray Darden, a promising lghtweight boxer, who has participated in many bouts here, Tuesday at St. John’s hospital submitted divitis to ah operation for appen furnished water for many drilling wells Mitt had been shut down for lack of it. As compared with the the field report for pre: ) completion and 2,864 more rigs As the new pro: ed to the North Central wnounts to 21 2 bar- on the figures can be! October, 1918, an_increasd of of, $83,541 bu sun wells dr diction éredi Texas fields vols, its Influer readily apprec! Among. the were 530 dry | for October ss and 189 gas ¥ 4 he n decrease of 63 failures and an in- raephe 4 AS aR exdad “of 12 gus producers as com-| “CHEYENNE, D Wiese dow? hethe poration in Wyoming, Oklahoma and Louipiana. pared with Septembe As usual Ok-! resignation @f,J. Roby Pepn of Casper, xt filioma furnished more dry holes aware resident agent, of the Salt Crebk| mt ‘ig any other division, the number being! producers association was filed in the 255 eeears as ‘ 193, or 36 per cent of the total. There orrice of the Wyoming secretary of Authorized Capitalization. .........+ +. . $2/500,000% ¢, Were many in the Pennsylvania divi-| state Monday, to become ‘effective No- Issued FOES Le pe elec tiebie iss oaip o ts Welk aan sion, as those fields carr nd with 19, ° Re se Nures, and Gulf Coast had only 49. | —aeee-perecpenec—eenn-erperteenerrse Par Value of Stock.................$1.00 Ber Share ; Considering the number of tests being|that the néw production of 32,259 ba: 3 ¥ wide fa North Central T failures reported from the: figures, and is less by three t of Kansas. Phe | Pennsylva furnished the Jarger numl» n those faelds V nd Okla ducers, the total being homa was second with 55. Subtract- ing the d holes nd as wells from the total compl¢tions,, producers. ‘This is a from the high record of September. CUBE, Is in 211 ba rebk barrels, for Jul 1,960. oi! | 1.994; in July; 1,808, and 1,902 Muy and June. The average productive oil wells in October was 201) : Today’s Markets by Wie : 1.00 i Midwest Common 52 (Midwest Preferzed -. 37! Merritt 1.07 | Glenrock cg | Coyden* ‘42 | Okmulgee PL. -16 Prod. & Ref.,.Gom----.-- peti 05 “88 ‘Sinclair Oil OG, “76 stanley. Greene ‘55 | | Mosher --... ernsena-= 5,00!" , 6,00 4200. Club ~-a-2.-.-J--.---- 8,00 | 3.50 'Teapot --- 4. Atgo-t--=---= 90 1.00 WYOMING GRUDE OIL MARKET | »- $1.00/EIk Basin ---3-_.. 1,50] Grass. Creek 1.50} Lusk L-.__ Sejeiobe Racal Undggatiod But Showing I Good! (From OH City Derrick.) The high A Sod of September was not eiealle by the October report of operations in the oil fields covered by the Derrick's fieldmen, but the difference was only slight, and bettér than.that of August, In} all fields 2,679 wells were completed, credited with a new pri The completions were 167- fewer than in tember and the Joss in, new, production amounted to 50.809 barrels. a decrease of | . }Porators ure Ray Barkhurst, Frank 8. ‘nt one shows) Riverton and the agent in charge thexe- sain of Ea. ‘PENN'S RESIGNATION i In August the number was|ures or gus Peust in both | tainedbumaunted to 47,200 barrels, a Joss, of the} of 1,988 berry, from. the -previous. re- 60 fewer wells | 170% barrels in August, and 180| change in the operations, us the! inergaxe ‘The rigs and wells drilling in all the divisions num 9,117, making the handsome. inc se of 266 over the high reddrd for September. There was a giuln Of 115 reported rigs, failed to show an increase in w work | Were }Lima, Kansas and and ‘the decline in thi@se divisions was; only. small. North Central Texas ted in mew operations with a guin of 110, and, North Louisiana reported 69 more than in September. Byen.the old Penn- sylvanin ficlds showed the nice increase of 48 in the total, and Kentuch had 36 mere. Consideripg that in Septem- ber there wus an increase of op erations over August, the report for the two months shows the remarkable! gain of 799 in new work, nor is it all due to the new fields of Texas and! Louisiana, ‘The searéh for oil seems to be gaining a headway ythat will run these - figures the © 10,000-mark within a few above months. Kansas reported) larger, producers. iv}: fears tun the previeus. yionbh, so nd of 161) pletions show a Jos# of 96, “ap jin drilling wells. The only divisions that | due! tion amounted ty 2 ulf Coast, | when there $168.00 $169.00 1.76 2.0 en oa. aie ---- ee 412 10.75 Sinclair Gujt 1.75 9.38 New. York Stotk Exchange Stocks_ Mexican Petroleum, ~----$254.00 $251. 00 @exas Ol. 337.00 334.00 63.75 63.00 111,50 109.75 §. Steel. Lander -. BIG MONTH IN FIELDS REPORTED | Cield, *| | tion NEW WELL FOR BUCK GREEK | Buck Creek Latce Creek ‘fi the drilling, comple! of sahd. ne Eo eres 2.36 82, eported “i With, ahr four feet ‘Phis is the, Official report re- ceived here this morning. ‘The drilling + continuing ‘but no other Bo terse sau thas, been ‘received pie Me lee ‘PORTLAND ND- WYOMING Oil SYNDIOATE. 15 FORMED CHEYENN 5.— ‘E, Wyo., Nov. Certi- The month was fair} tied articles of incorporation. were filed in the office’ of »the Wyoming. secre- tary of state Mondayeby the, Portland: | Wyoming Oil syndicate, an ‘Oregon cor- } poration. Tie =e capitalized | at $50,000, divided ‘into. 600 shares of) the nar value of $400 each, Thesincor- | Post and “W. CG.) Repass.” The “Wyo- ming headquarters. of the company. is Stork. can a 2S nr Ole FILED. IN STATE HNUSE rels showed an increuse of 2, with 17 fewer completions. were 54 dry holes and 15 gas wells, During the month ai cxt@ision was made to, the Eibing pool, ang several g00d_ producers struck in the glider d velopment. Operations reminin about the same, the»tot a ‘only. 11 less than In the previous report. | Oklahoma i completions but more than von of-them were full- s New! production ob- 96 barrels, In’ the, list port, and, completed; *practivally no was only. seven oyer September, prth Central ‘Texas still holds the uge for large oll figures, Tho proyent dort has Bbc plete 51 failures and 10 218,542 85 barrels Tess thay jn ‘new output. “Phe lnte conipletloms have not been so. senatorial gs In peek months, but ther Take u! good. and much better than “in -other cl There is no letup in agw swork,. bi rather a steady, increase ta er figures. The close of) the month showed 3,192 rigs gind wells dMMINe or. 110 cmivre” Chan at the lgse -of- Septemns) bor, GEOL STS 13 00 Fur {up. Fapned ‘the sand=before the end of the ‘as a high record for. the fava! bleh Winks te af | accra Cot ty | te er the 33 in, as: dry" hi th ofthe year and .: With: ten Pfor the previous morth The! bringing<in of several large Wells dur- ing September accounts for the differ- ence and in view of the steel, strike, causing a shortage of supplies, and the! early, witter, the results show a marked contrast with previous years, At the beginning of September 456) rigs were erected in the state, of which} 326 were drilling, whereas. at theclose of the past month 344 rigs were work- ing out of a. total of 478 standing, an increase of 22 and 19, respectively. Lance Creek ag usual led in the num- ber of. completions for the month, two! wells With a total production of 2,000 barrels ‘being: opened. “Twa dry holes | also. were: recorded. Sixty rigs were! drilling on’ the first of the month out | of 115 th the field. The Big Muddy field is credited with) Y four completions, one of ‘them drye with a production vf 280 -pajrels, Twenty: two' rigs’ are’ up and ajl bat’one dri: ing. sehdol “buildings. “i Salt Creck reported two new wells | Creek, ae ae good for 350 barrels and 24 rigs are/ine Wwyami + drilling, oyt-@F a total of 41 in the}The, acanentet ts eat wos ‘éd to) meet the Right Gannatlcs ori, two ary and éne| mote in? every pavcular “he Well, edited. to, the Warm! ing ‘egnsiate “Ot two, ngs, Grass Creek and. Thermopol region wifh 325 barrels of new lsat gees Me: of duction, iitenty-six; rigs are working inthis. region and tyo are standing. ~ The “Horn sin reported six: wells, of them dry; with, produ tion’ estimated at 400 barrels, and .27 wells drilling out’ of a total of 32: rigs The’ Midwest Refining company. has completed one Bs : | Model H.46, run ies: in absolute new condition; 5. cord tires, $2300. Address | r90) pies of. Ans {Uiat this sch ‘ardization by thet “ber. Rock, River. and Medicine Bow dis- tricta drew; 2 blank insofar ag ne’ wells are concerned for while one we | month tt will not, be listed as a complé- tion aintif the November. report. For + y-two rigs aro drilling in, the ticlds| and ®. more are up. ! The same condition existed in the! Lost Solgier, Ferris dome and other} bate eounty fields, where several! wells, near the sands.. The county, is ri ly Becoming. one of tHe liveliest, in the ORES ny $2 rigs working and] 13..more | ready for operations. Fremont’ county “reported, one wa good. for . barrels and: continued ac- tivity i res, showing 28 rigs ‘work- ing, out ras standing in the“ ficlas. Miseclaneoys operations int scatter regions™account for ‘six more comple, } tions, one of them a gas well, which added over 550 barrels to-the new pro- duction - figures, Righty;six rigs are} drilling and a patbuding idle at various points, ‘With many> wens ti Minckigecon: Salt Creek and other of the) principal: fieldg nearing ‘the sands or standing at the caprock, November figures should be even more reassuring, according to well, informed sour Pils Sse EE Faet and Fiction. In novels a, man nearty always mar. | Mes the right woman. And he suc | ceeds. In doing so about half the time fr real life.—Toneka Capital, C0, leet one block from Henning Hotel, on Lenten s street. Pri, 00 100. f Me. sens Mig barg \ Operating. Jointly with Producers’ and Refiners’: Core, eee a \Conservatively capitalized. - ‘Under efficient management. Operating under minimum expeuse. Proven: acreage and large production’ in Regds : Oxon, field. An immediate market for its oi] at $2. 25 per! bprrel. Valuable: Aoldings ‘in Loyisiana ‘and Wyoming. An income; mits id producing wells in, as iat > of $5,000.00; per : Daily earn: capable of building up a large sur. ° plus and paying gi vanebines dividends. Our latest advice anette aie i No. 4, ic “came in’ recently, is tit is:me inex barrels of oil per h hour and is the 1afgest peau thuse vf, Gates: Qi ‘Combisey the field. stock at the present marke esotial conservative: it “3 beat We consider the ‘purd ment with certainty. “of tial dividends “an if tape Possibilities of increaae we in’ value, TA YLOR: e CLA froin New York, Denver Este oted: 4 we will