Casper Daily Tribune Newspaper, February 7, 1920, Page 4

WELL DESPITE WINTER SEASON Lcuisiana.-Fields jeoa Jump into First! Place in Point of New Pro- duction in Month The oil fleld report for the first mionth | of-the new year is very favorable tor | active development in 1920, says ith | Derrick’s monthly summary. Notwith:| standing bad weather conditions in all | Parts of the oil region, there were 2,114! ‘Wells compléted, the number being only 18 less than in December. The in-| creases reported amounted to 190 in| North Texas, 30 in Kansas, 11 in the; Gulf Coast and 7 in North Louisiana. | Fewer new wells were reported from; Pennslyvania, the loss being 115, and} there were 63 less in Kentucky, 34) fewer in Oklahoma and a loss of 30 in in Central Ohio. The other divisions ‘were practically normal, The few pro- duction credited to the wells aggre gated 452,397 barrels. Nearly one-half of this amount was credited to North Louisiana, the total in that division be- ing 215,000 barrels, a grand gain of 128,730 barrels over its December fig- ures. Kansas reported the next larg: | est increase of 6,189 barrels, and Ok) Jahoma hi a gain of 38437 barrels.) North Texas lost 55,854 barrels as com-/ pared with its Deéember report. Small! gains and losses were reported from the | other division The figures on initial production make a new high record of 3314 barrels over that of November, which previously had the high mark, In January, 1919, the new production was ! 148,167 barrels, or 304,230 barrels less than the present report. While con-; Biderable of this new production comes from gusher wells, which are ‘not éx- pected to maintain their fresh output very long, the amount is so large as to indicate a great increase im the avail- able potential ofl supply of the United / States. Included jn the January. completions are 420 dry holes and 147 gas wells. This is an increase of 13 failures and 4 loss of 29 gas producers. Nearly one- 1 NATION'S OIL FELOS SHOW UP. E MARKET G05aIP AND FIELO WEWS) == j New York Oil Increases interests in Hamilton Dome Northwest » ” of Thermopolis fon =. 25-05) pes te soa aes 46) Glenrock j Oil, 222222222.) Salt Creek ‘Pred. A Weatern Stites 0) & bi «87 .51 | Prod. & Refi; Com :2:.-) B62 New York Stock Rxenangs Stocks n Pétroléum |2...$179.00 $173.00 28 (31 | Texas Oi 22-22-25. 177.00 179.60 .28 | Sindlair On. 111, The New York Oil Company has an- nounced the acquisition of 30 per cent of the Outstanding stock of the Cuok | Oil Company, which is active in the Hamilton dome field near Thermopoti¢, Wyo, The Cook Oil Company ™has a 121-2 per cen royalty on the entite Hamilton dome structure. The Mil- west Refining’ Company {fs installing tankage and piping facilities to receive Hamilton production, Of from this fiéld sells at the rate of $2,25 a barrel. New York Drilling Report, The New York Oil Oil:Company’s arill- ing operations are, proééeding ‘slowly, according té the weekly report issued, Both the Boone dome.well No. 2, which is down 2,885 feet, and the Ferris clad well No. 1, drilling at 2,800 feet, are ex- pected in among the first wells tv be brought. in. In Salt Greek, the casing has been sidetracked* and drilling “is. to. be re- sumed at once on the northwest quar- ter of section 7, The well; in .-South Casper creek is under-reaming with the casing down 1,910 feet,) The No: 2 well in the Spindle’ Top is drilling at 160 féet. Lance, Greek: Royalty, oN Lusk Royalty, --. 2.2... Tusk Petroleum: —.25._- Mountain & Gulf. Mosher Oil .. 40 (Silver ~~... (05 Riverton Refining... Royalty & Prod. Corp. Sunset Seis Sand Hills ~.12 Tom Bell Royalty. ----- Gates — CRUD: =$2. ou Cen tek seca nn eae nns nnn 82.60 Bazin motte nseenrstte nnn en 2. Big Muddy 2 a) ask Big Muddy ~. <aame gen: OE New York Tronsactions. Transactions in stocks on the New York exchinge, during January totaled | 19,954,300 shares, an increase of 8,043,- 500 shares compared -with 1918, and 8.75 clothing in his cell. over tha flaming bed covers when count, y officials discovered his act and , res- ‘cued him without his being burned: ‘ ‘The only act of intelligence ¢redited to the supposedly demented young man| 9 | Was when Sheriff Pat’ Royce was re moving a lodge pin, Acre looked up and] pointed to a similar one which Sheriff Royce wore. Acre Bald: ‘ take yours.” and he put the pin back on the man’s Fred Acre, .a brother, jwill come. to} Casper. from Oklahoma to’ take the’ inah home. The demented: man’s pard ents live in Indianapolis, dnd: Frankie. Mason, the Fort: we gia, (ote ericati, i tle, wi British champion, de mtwaeos the boi ter part. of this,month, tions jofe a gasser and the other an Wil well good for 100° barrels, - Thirty- three figs are up: in this district, of which 27 are dritting. The Rock river dnd Medicine Bow dis-) asia Sheriff Royce ald] ae WE BUY AND SELL WYOMING OIL STOCKS. Listy yo tsks oaks" wit us, we can handle them on a commissions are but one pee fourth of the Oklahoma new holes were 2,976,200 shares with 1917: failures; while thé Gulf Const: report-| ‘phe daily average ttading wos 767, | trict added 575 barrels. of new: produc- Out iO 68. ed one-half of the ‘completions as dry! 473 shares against 468,658 shares. lost Only Six Less Rocicdarinel But. A erage Is Slashed by 2 re common North Texas and Kansas reported oné) yenr, 664,496 fh 1918, ‘suid 653, 003 ih a Lést Soldier aria other Carbon cout: failure for every Six completions. —Sub- | 1937, t of 0G Big Gain Up Roles fot the’ tratting the failures and gas well from| “he heaviest five-hour addy trading ack ushers; in: Means diddy reported two ary the total leaves 1,547 productive 6il This was only three more than t igure of 1,544 in December, In Noyember the number was 1,863, and the largest during 1919 was 2,076 in September, The average of the produc- tive oil wells in January was 292 bar. rels, as against 246 barrels in Decern- ber, which was the previous high rec- ord. New work at the close of thé morith made a grand total of 10,185, being the rst time in the history fields that the 10,000 mark has been of the ol ana, was 1,321,000 shares and the smallest 482,000 Shares. ‘The largest two-hour was 860,900 shares, the smallest 345,000 shares. Homer Field Well Completed. Telegraphic advices to the’ offices of the Producers and Refiners’ Corpora- , tion are”to the effect that the Homer Chief. well, located in’ the torthwest corner of the NE 1-4 of the NW 1-4 of section 32,'in the Homer field, Louist- | the completion of which was tem- ’ Great Activities for Next Spring Sevaiiteey ‘eompletions, five of aoe and oie a gasser, wie a total Ieee roduetion ba mag tae aday, na ad the net resu rilling opera’ Tee e mon of January, & decrease of six’ completion : e preceding month and a falling off in new pro: weton of 7,236 barrels. Slump. is accounted for by the fact during the closing month of the ie the Lance Creek fletd Ve and prospycts of ‘a shortage loom, saw the Spf several gushers)’ Muddy feta let uit others of The} month and a total of 35°rigs drilling Of 68 ap. Fremont Gounty reported hd comple- tions, ‘altho 37 wells are’ stilt ‘ariiting: and seven rigs are Standing, ° Miscellaneous apeeaiiitae: conte ‘for! three completions, one @ lure and the}, Sthers good for 160, bherelaa day. Out of 122 /rigs _ seattered, Roast over the state in these fields, 93. are drilling. yivania is a letter to lift- The University. of panties the first, to award ‘the vars! Now that the lia haeBeen panved. ‘The gain qver the December, pray Seay ae Denliye neta OE ehtol raided 4 WeoFase to a new Fee the date ¥ lotions: for January | oa boxime should flourish in thé college} | Stock at ‘par value, $10:00. r Shate. 25 per. ecnt figures was 486. North Texas le 3 Macs du ord. ‘with four) Wells, i bg dry, good for sono ance.30 days. Phone us, 1147, or call aé-our. hid Texas “ed in) Grited ‘in or Thumsday. It is estimated biirreil te yale th RS the increase with 201, Oklahorha wus {6 the good for 25,000 barrels andl fe one |. Offsetting the deerease in new produc. fval Or Cae Ghth Ck rd iit the field. : e and let us explain se "possiilities of Big com- 5 second with a guin o 178, and North December, Only a few, divisions re-; ported a decrease and ‘generally this | Was due to weather conditions. The | lafgest loss was 66 in the Pennsylva- nia fields. ‘Tbe increase in hew work can be better realized’ by a ‘compart: son with that of a year ago, when there were 6,229 rigs and drilling wel's at thé end of Januaty, or 3,956 less than shown by the present report. It is curious to note that this increase is almost the figures Yor North Central Texas of 3911. In point of production North Louis- ana sprang into first phice during Jan-| uary, with wu grand total of initial pro- duction of 215,000 barrels from 50 pro ductive wells, und an increase pf 128. | 730 barrels over December, ‘This Bel due to the Jarge number of new Gait pletions of extraordinary size in the Claiborne district, of wells. that ra been on the sand for sometime, 8 muy be questioned whether these will | show such an-output when opened, ut | the handsome gain of 20 over Decem- the company at (80 céents'a share and in the proportion of one ‘and 6ne-half shites of new stock. foreach! share pany’s acquisition BI rights to subscribe for the new stock. of*the best wells so far brought in in Louisiana, reported 120 more than! in (hy 6 e field. New Issue Is Subscribed. ‘The ‘right extended’: 6 stockholders of the Western?States: Oil and. Land Company, to subscribe for new Stock of } now held. will expire 'at™noon/on Sat- urday, February.7.. Tt-is reported that by far the majority of » ckholders have exercised their privileges in spite of adverse market conditions. The com- ‘producing prop- the Mulé- Greek - field ‘has | tly stimulated the exercise of these} erties in NEW COMPANIES ARE CHARTERED tion are figures showing an increaye of 45 in rigis standing and drillidg rt, Salt Greek Sreported no gompletions December. Out of @ total of S65 Pigs ar sbe | nth, but his 48 rigé driving: orected in the state at the elésé of the and 28 Sp ast month, 370 were drilling and 185 were] In the Lance ‘Greek field on6 ,100-bar- idle, giving promise of great activity throughout .the state with thé advent of spring. behind wit! fete, 2, oes hooteedoatoatees Me , + ace that the amourit Will be large is| cer- a: nore i Sed Capri igi Prey oe ‘ six dry holes and two gas wells, the : Full information regarding Wyoming Oils, New total for all seve! © thi < y. ‘ 4 Hee pecvadh eet” Seen tae deals | Wccndge “ORIORIFANB ed Beck ck $ Weston County, Wyo. UB|| York Stocks, Liberty Bonds and other issues furnished age Firms Incorporated in ‘upon request. Place your buying and sel‘ing orders ber, ihe total being 766. Considerable of Tate gfe oa a eR _lf you want to speculate in Wyoming Real Estate and Oi Sandie sede eh un Tope WGnEE quotations Woes @ ‘an undSaal adéition to the wildcat) Mliey uNNR, Wyo. Feb. 7Artioles Tard, BOY K LOT. AT: OSAGE,- BUY-TEN-LOTS; ‘BUY ne ge Company in Wyoming with New Laat ompletions in North Central! ‘Texas are not making the large aver: uge per well as did those of a few Pronths ago. The 647 new completions | in January Dec n increase of 190 over! a new ‘production | barrels, which was 2 loss of 54 barrels from the figures of the former report. At the same time the amount credited to the new wells prob. | Stoddard, 1: Te pes ee Birick A ubly shows less flush production than | nd, J. Hy Hine and 1. senberg. When the sushers were prominent in| Sciwab Drilling & Development. com: Amoug the completions were | Dany. Sabla} slut $100,000,, dirctors trees holes, aM 12 gasé wells, an ii |John Schwab,’ A.\O./ Smith, 2 y) ERE. il | ill 2 1 und % respeotively. ‘Dur: LA ls Ww ne lot owners in. baw receive 12 142 number of hew proypecta, Western urities lege a8 fs % i ti indicated by wildcat | capital stock { directors Dy, Wy, Be al il thati 1s pr d from the ownsite. which may open new fields in Bustlund, | Movcfield, CG. B. Tenuant, 2. D.HMor- le 0 or gas spl Stephers and Young comuties. New \ton, 1 f work is steadily gaining as ‘at the close of thé month there were 3,911 rigs and | drilling wells, the number being 201 | more thin at the end of December, This is the largest number €ver re ported tor the field. “The increaye has Dean rapid during the year, as at. th close of January, 1919, the number ‘was only 4,587, or s than now. IMPORTANT NOTICE Any one holdir inzuratice poll-|, 99 cles numbered between 400482 to A00500 dovlui of the Northern . Insuratice | of New York aud Yorkshire Company policies 280600 inclusive,-pledse report samme to Jas. H Bury Realty’ Company. These icies reported missing ¢nd Companies eno record of them having been ig ‘Bued, by former Agent, A. W. Haworth. Pub. Feb. 4, 6, 6, 7, 9 1920. rs eqs 410% Ae ‘mrivoawD eHIT you sleep—that’s Tribune Wantads. — Optical Co. Skilled Opticians Ground Flour Henning Hotel. Ceaver, Wyo. 290776 to) of incorporation were filed) in¢ the: of- ice of the Wyoming secretary of state | Thursday by the following concerns: faramie Printing company, capital jdtock. $60,000, directors Robert P. Gott- achalk, John W. Costin, Jn. and F. A. Holliday. Blackstone wpital stock $2,500,000, dir Sult Creek Oi] company, ors J. N. ALL YOU CAN, and BUY. THEM NOW! _ eRe there is, nitig, the town} the:townsité is on hi Manning and L, V. Taylor. ——— Fraternity members come ani revew) college days at an infornyal dance Mon+ \day evening, February 9, ab, the pe ‘ellows ball. Tickets may: bi esis 2-6. | “SLOAN rely who -xaige 1x or Any man. By ae aoe | soma fs ah | SPE! sy tring: ment pits } | | | deed is given. . laid immediately. lots will: all -be sold in E you get a Warranty Deed, and pay no taxes or - ee the oil refinery, is now being built, aid, pipe thirty days, so. GET ame Tan ect nge-Connéctions.