Casper Daily Tribune Newspaper, October 12, 1920, Page 4

“Hs (SISO MARKET GOSSIP ing. The Oil is high grade crude: American -.---. California Into Dry Piney Attias .--~ American’ Producers and Refiners! Bessemer company of San Francisco has let a contract for a 2,000-foot well on the ae noftheast quarter of section 128-114 of | Boston-Wyo. ~ the Dry. ‘Piney. field, Lincoln’ county, | Puck Creek -. Wyo., on land leased from the Creta-] Burke -.. ceous Oil company. Black Tail In the same field, the well bei. @ontinuea from Paso Dn equal te $8.50 coal in heat value, ae. cording to conservative estimates. idea of the amount of gas it the fields west of Casper which the New York Oil company has access to fan be obtained from the fact that the first test from two wells in exactly an hour ana 41 minutes deliveréd approné- is less than smallest estimated produc-| Dynamite probably will be used by}. 7. william: tion of any gas well in the Poisun| the Midwest Refining company in its} Frantg _ Spider field. * | efforts to extinguish the first blazing ini Gatos The New York company estimate|the big gas well in the Buffalo Basin} Great West places the amount of proven gas land| region. ‘This is the. well which caused in the Poison Spider field proper at £,-}@eath of one man and serious injury - 000 meres; 400 acres in the Iron Cri of two others and injury of two others. field, and@ 1,000 acres in thé Boone dome} It is planned to erect two towers, on Gistriet, It is estimated that the sup-{ “ther side of the well, and then to ply from these fields alone will las:| Send a charge of dynamite out over the ten years. easing where it will be exploded in| yike Henry -.--. The gas department of the New York | Such escaping downward from a braid-| Mountain & Gulf. Ojl company has on file at the present} enhead, It is believed that wheh this! Northwest time,’ 5 B00 applications. The company jis done, the gas will rise straight into/Outwest expects to have at least 1,500 users cf|the nir and then that it can be ex-} Picardy _. mately ten million cubic feet. of gas, Capitol Pete ‘families, ‘principals of a vendetta of or more gas than the city of Casper | riled by @ Des Moines syndicate of| Columbine : A ; Sel ; will consume every 24 hours for at least | Walch Judge Hubert Utterback is the| Consolidated Royalty 4 ng 7 M. AN OW, ‘AR TO or. reer D ne cipeete three gears. head is down over 700 fect and making! Ggsper Ranger _—-. * ’ Shes the v according ¢ Since the ‘The two million eubie feet of gas | Sood progress. Gow Guich : ‘I 38 Giornate a bebei . whieh ft {s estimated the city alone will —— fim biases 36.00) RACE AGAINST dec and ea chr gs = by use if the present installation system Dynamite to Shut Of Gasser isIkhorn ae Be families Trad teeta, gas by spring while the officials \e-| tinguished by jets of steam. , | Riverton Refining -. 6 < Hata digest will be gencsaina iy #900 Sse Royalty & Producérs.. “ -33/Secona 4s. 4 homes with gas jnsta when the N. ¥. Spads in New Well Sunset W.-W... , 09 First 4348 : P. A j I L. gab hinder ip iaee ot ary cael Another well has been spudded in by|Tom Bell Royalty -. A +04) Second Ma i; ID RA ROAD : Ines south of the Northwestern! the New York Oil company in the| Western Exploration 2.16] Third 4a fs railroad tracks are in the first installs- | South Casper creek field and drilling is] Wind River Refining.. 4 04} Fourth “4%s : AS SETTLEMENT tion system and will be turned on by |} progressing rapidly, it is stated. This} Wyo, Kans s_—_ E 2.05) Victory 4%8 _. about November 1. The next section | wel) is being put down on clear listed |——— to be turned on will be the business} anq patentable land which will be free section and all of the city south of he| trom government royalty. It is to he| Grass Creek -. Burlington tracks, The district north | aritea only to the gas sand at present | Torchlight -. of the Burlington tracks will be the | aithough on what is considered both oi1| Blk Basin — last section to receive the gas, mai.¥ | ang gas land. Greybull -_.. because it is most distant from the} wo neighboring wells near the Ioca-| Lance Creek main line. tion where thig hole is being put down] Lander --- Besides the gas in these fields owned by the New York Oil company, ther> , are two oil wells in the Poison Spider fiel€ proper and one oil well in the Salt Creek Development Speeded Irop Creek district nearby. The Ohio Oil com . pany operating on a The company estimates that froin’! 5559 wasis with the New York ‘Of iH } i ftake peme, Ae oN pee re | company on the northwest quarter <of ) jarger flclas, the New York Oi com. | Section 27-40-79 of the Salt. Creek field, ad eee. tne yp seach $1,000,000. a | 2S started two new wells on this sec: 1, Saw DS ivelar one year: tion of land in aMtictpation of early re- i A btlef review of the New York 11 | lease of the production and money im- company hoitings in the most import: | POUNded.) One well was spudded in re- | ant fields of Wyoming shows that large | “ently and the other is well on its way } Gnrnings are being turned over to the} t®:the Wall Creek sand. | This! quarter } company daily from royalties and thr | Section already is. credited with having | ownership of land. The New York Oi! | PTOduced more than 600,000 barrels of ! Gompany is deriving ¢onsiilerable rey- |i! from the four wells now producing. } enue from the southwest quarter of 4 ‘ : will pro@uice 18 million and 10 million cubic, feet of gag per day. Section 2-39-79 of the Salt Creek fie:d Leasing Law Aids Revelopment. where the company holds a 12% per| ‘Exploration of the public lands of cent royalty interest and ‘which from |the west for oil and gas has been great-! January to July 31 this year produced jly stimulated by the act of congress 202,684 barrels of oil. Other valuable} passed last February and gener production is obtained from the grent } known as the leasing act,” said Jam Stock land holdings, the company own.|G. Stanley, attorney, of Casper, who ing net royalty in 18 different portions | is @ visitor in Washington. “We look of idnda.. for an unprécedented activity in the ] ’ On one quarter section alone in the | develapment of the oil resources of the Salt Creck field, the New York has| west during the coming year. Those production of 1,000 barrels daily and | interested in this legislation have besn | when it is drilled up to full capacity it} watching with keen interest its effect #, will produce three times as much. A] upon tile development of our vast aria 2/ 6 per cent royalty ou one-other tract | of supposddiy valuable oil: lands. * i of land in the Salt Creek field brings “While the bill was pending in’ con- the New York Off company $18,000 gress, and even after its passage, | per month. The New York company | many were disposed to doubt its wis } in this one field has an interest, in| dom, because it embodies many fea- about 4,200 acres of'the best ofl lands. | tures of a paternalistic nature. It pro- & Besides these most prominent holt-| vides for a rigid control by the federal ings, the New York company either | government of all operations to be con- } has a-working interest, a royalty, net| ducted upon ‘the public lands by pri- Toyalty, or owns outright 51 different | vate capital. It exacts in behalf of holdings in more than 20 Wyoming|the United States a very substantial fields, royalty on all oil and gas produced, Figures compiled by the company | and it confers upon the department of show that the New York Oil company |the interior a maximum of power and has an interest or royalty in 27,500/a minimum of restraint in its interpre- acres of oil and gas land. Of this total/ tation and administration. Many ve- ¢ not more than 13,500 acres can be con-| lieved therefore that this legislation sidered wildcat properties. would result in a retarding if not a h The New York Oil company in addi-| complete stifling of all development. ¢ tlom-to its valuable ofl holdings and] «put day by day we are coming to'a t gas properties and production, has real | potter understanding of sthe wisdom of estate and property in the city of Cas- per valued’ at more’ than. $150,000. The company places the lowest estimate of ¥alne for its entire holdings and prop- erty At $30,000,00, but in reality this is said to be am isc ea estimate. "MEN WHO WERE BURNED IN GAS EXPLOSION IN BASIN REGION ARE RECOVERING) qainne = ¢ a ae, pphire is sometimes 23-21-117) of- the’ Fossil field, Lincom county, Wyo., establishing a new record . for shallow drilling. The olf rose to LOCAL OIL STOCKS within a few feet of the top of the cas- Bia Amalgamated Royalty ; ‘ 1.761 Mule Creek ‘Vlted. ‘Stat ‘atrond Te OOlleRezeoe SSS | for the pearly ger the act and to a remization of the] The longést papyrus roll “brought Cone cc Clg ag (det thet major lin Dene naan effect when fairly adminis | flown. from early times, is ued yards Roman history prior to 609 B.C. Is almost entirely on tradition. Average perspiration from an adult amounts to about 2% pounds a day. FINDS’ SISTER DEAD OUTSIDE | sunt fo sen st ae DOOR OF CABIN “inchs genes sah hi +h shrine on nie m und em: Furnished by Taylor & oar (Special te sya, Oe a bedded’ in gneigs, but more often in ' (OPOLIS, . R= Tl clay sols. SR A & Ding three ales ya hee i ee: Meera eee NEW YORK CURB cLosiNa | on West Kirby creek ere a VENDETTA 65 - in. the ibe] atiawest Refining. —-2.4146.00 statin hore a few YEARS OLD IS te BROT TO END Se acaaman Press) yOMe, "oct. 12.—Kight Sardinian BARTON TODAY (By United Press) - WINDSOR, Ont,; Oct. 12.—The two greatest race horses in the world meet here this afternoon when’ Man o’ W: bab Sir Barton will race for a purse of -849'y | $75,000 and a $5,000 gold cup, winner 0667) to take all. Man o’ War is a 5 to 1 0156 | favorite. -=+--+- 040%| Man o' War won the match race with Sir Batton. The time was 2:03. 30 MILLION IS ee —_— CRUDE OIL MARKET (By Assoviated Press) $3.10 , CHICAGO, Oct. 12.—The Chicago, 3.10 ay cr ee & St. P: ~ 3.10) Big Muddy 2s. asce ren eceosnse 2.78 5 sam. 3.10| Pilot Butte [o1.---2-2-s02-2- sane atte in a8 3.05| Hamilton : ary compro atte made of non-breakaule, bag ta charcoal iron which resists rust Schulte So dlwiss Co. 228 South Center Street Phone 64-W BLACK AMITH SHOP Second and David Phone 368-3 rpuey will love the ; over with mush, hominy, ‘ muffins and biscuits. 7: children enjoy the foods you And best of all, Lo: does good. ‘Pure, holesom delicious flavor of pure ma Look for the Log Cabin Can Three sises—At your Grocer’s only tastes good but ree ee 1€ * {Special to The Tribune) BABIN, Wyo., Qct men Who were burned fn an explosion at the giant gasser of the Midwest com- pany in the Tittle Buffalo basin, miles xbuthwest of here, still are in se- rious condition but the recovery of all exrept Joe D! Henry is considered as- sured, Henry in addition to being bad- ty burted, was injured when he fell fifteen feet as the flames struck him. The other injured are O. C. Summer. i. G. Lee and Walter Cole. George Cramer, the fifth victim of the explo- sion, died shortly afterward ‘The Midwest company is mobilizing appatatus and supplies for an effort to extinguish the fire and expects to be successful should the braden head con- tique to hold. Should the braden ‘head fail, howe: the problem presented by the well will be a serious one ag in that event the je% will be fed by the full ote. Wwe oo For Further Intormatica About the Omaha . C. A, mass meeting, which Live Stock Market, write: been held Tuesday night at y t Episcopal Church at 7:30, Chamber af Commerce, Omaha oned until further notice he potent ingredients of the bair—is genuine has succeeded in falling hale or SELLE LL ERLE EE ALS LL i ‘The chilly days are he heater while there is an a Natrona Pos er Lo. Denver, Colo. Chicago Grain i@S some eleven hundred lures on the exchange n eet of one per embers of this éx- The percentage for the past ten years ae change, We are the old: Bu ebb oy ee jest brokers: All Logal * } ecializing in PHONE 69