Casper Daily Tribune Newspaper, March 22, 1921, Page 5

TUESDAY, MARCH 22, 1921 MARKET. GOSSIP AND FIELD. NEWS he Casper Dally Eefbune Tribune are not, tight or might have been cores-threaded in setting up. 4. Attention is called to the follow- ing requisites for a good mudding and cementing job: (a) Mud fluid must be free from sand and lime cuttings; (6) PAGE FIVE et BEARS RELENT, |[iestock azare|(DILS IMPROVE ranchers on th; Trapshooter Oil company, south towards the mountains. stray sands that are known to under- lie the surface in that part of tne county. A shallow production here would. mean an income even though the wells averaged small for the short distance to the refineries and the probable high grade of crude would enable the producers to market the production of even a small quantity at a good profit.» New Pumping Methods. The sroducers & Retinerc Co. has started an innovation in. pumping methods in:the Northwest. This com- pany has 27 ‘wells near Lander that are making @ neat production and the pumping plant’ by which each well will be equipped. with an electrical motor aid operated from a central plant. This Is the first installation of elec- This test is being put down with a machine and oil is looked for or a light oi! production in one of the upper firm is now, putting in an electrical | TAAPSHOOTER TEST 1S IMPORTANT A test of considerable importance to Cas: er 1 id e east side of this city drilled by th is being drilled by the about four miles east of here and 2 Shale is the southwest quarter of the south- ‘West quarter of section 7-39-78, which will be drilled by the Chappell Oil com- pany, and a third lease is the eighty | acres belonging to the Troy Oil com- pany, which now is, controlled by the Coastal Plains company, *The Coastal Plains company was or-, Sanized two years ago and has since carried on extensive development in Texas and Kansas. ‘The company has other Salt Creek claims awaiting ac- tion of the eeyeroent authorities. Utah ‘Tand 8 Surveys Although plans are well under way for the public Iand survey campaign of 1921 in Utah and Nevada, discov- ery of oil in Utah may necessitate a complete change in arrangements as far as that state is concerned, accord- ing to G. D. D. Kirkpatrick, assistant fe pumping in the oil regions of the Northwest... There are several such installations in. other regions in the oll fields and in the eastern oii fields especially the idea has been tried out with great success, Besides the 27 wells noted, the Wind River Oil & Refining also has five deep holes adjoining the Producers & Refiners wells and these deep. holes will also be handled by the Pro- ducers & Refiners on a 50-50 basis, Moorcroft Wildcatting. The northeast part of the state will have the greatest wildcatting cam- paign this spring from present. indi- cations. This is due to the finding of the black of] ficld near Hardin, Mont, by the Western States and a to the Chances of finding shal- low oil around the foothills of the Black Hills region. The Wyoming High Test Oil Co., has unloaded a machine at Moorcroft that is being~moved out to Cabin Creek about 20 miles north of that town and is to drill a test. ‘ The Mississippi Delta has consider- able acreage under lease on the North Fork of the Little Missouri and is now building camp and ‘putting in supplies for several test holes that Sar to.be drilled in the near future. Gasoline Consumption. __ Government statistics for gasoline consumption in January, 1921, show an increase of nearly 30 per cent ores, January, 1920. Domestic cor tion shows gain ot of 23 per Ge exports; 55 Domestic conzumition for fies 192], wasp, 294,751 com- pared with 238,21 ms,a year ago. Exports ns 54,064,804 gal- lons, against 30,352,000 in January, 1920, Stocks, of. gasoline at the end of January, 1921, amounted to 571,983,- 793 gallons, compared with 615,934,000 at the end-of the sane. month of 1920, an increase of approximately 56,000,000 gallons. This is explained by production of 460,432,439 L sey ae. January of this year, contrasted wit 336,719,000 a year ago, an increase of nearly 40 Pe cent. ecton Plant Operating thes MSiaeise “Wyoming Refining company’s plant at Riverton, Wyo., is sain running oil after a shut down “tor several weeks for lack of crude, Dallas crude is being used and no more interruptions are anticipated. Dry Weill Shows 9il. Shooting of a dry well in the si low field section of the Osage (Wyo.) oil district resulted in starting an oil flow that may lead. other operators in that field to adopt similar means of securing production. The Nye, Pe- troleum company made the experi- ment and claims to have obtained commercial ‘production, New Rig in Grass Creek. The Dickey Oil company has erect- ed a rig on the Rankin leasp in the Grass Creek, Wyo., field and is rig- ging up to spud in this week, oe Joseph Cook and associates are moving a rig to section 17-49-91 of the Bonanza field, according to Basin, Wyo., reports and expect to start drilling this month on holdings aggre- gating some 6,000 acres. New Producer in Osage. Well No. 6 of the Washer inter- ests has been completed on section 17-46-63 of the Osage field as a small umper, rated at seven barrels a day. Denver Company Gets Lease Coastal Piafns Oil company, an or- ganization of Denver oil men, has been granted government leases on three sepnrate tracts in) the Salf Creek field of Wyoming, according to an- nouncement today by Lowrie & Co. These leases comprise a total cf 140 acres and lie within the producing area. An extensive drilling campaign has been arranged and operations will be pushed to the limit, Supervisor of surveys, who has just returned to Salt! Lake headquartersaf- ter a trip through Nevada and Califor- nia. In the opinion of other officials connected with the land office, the dis- covery of oil in the great southeast- ern sectin of Utah, where more than 7,000,000 acres has been located, the great portion of it on unsurveyed land will necessitate the abandonment of all homestead and other surveys and a concentration on of! lands. This will probably make imperative a spec- fal appropriation by congress to add to the ordinary allotment of $50,000 usually given to Utah for surveys. According to Mr. Kirkpatrick, there will be at least six survey crews in the field in Nevada beginning about the first of May and from eight to nine crews in Utah. There are already on file in the office of the. surveyor general applications for the survey of More than 2,000,000 acrés’of grazing and. agricultural lands, or enough to keep the department of survey busy for six years under the usual allot- ment. The filings for the millions of ‘acres of oil land introduce an entirely new problem and developments will be awaited with interest, as it depends upon what action congress will take if Utah's ofl boom becames a reality, ~ Qn his western trip Mr, Kirkpatrick First instructions and rules govern- ing oll operations and drilling. in the Salt Creek field have been issued by the United States Bureau of Mines through Robert C: Patterson, deputy supervisor of oil and gas operations with offices in the Continental, build- ing, Casper. The bulletin covers the h| drilling of what are known as “sec- ond sand wells’ and is applicable to the Salt Creek area only, other rules being projected for \districts where conditions are different, The bulle- tin follows: In order to have wells: so drilled in the Salt Creek field that all ofl and or water bearing strata encount- ered, or likely to be encountered may be properly protected from waste and damage, the following method of drill- ing, if suscessfully executed, will be approved as applied to government- owned lands in this field: CONDUCTOR STRING A conductor string of screw pipe in. good serviceable condition is to be set and cemented at Approximately 80 feet (four full joints) below the ground surface. The purpose of this string is to exclude any surface water that might be present and to permit pro- ducing in-a proper manner, oil that might be encountered in shale crevices before reaching the “first wall creek sand,” While ten-inch casing is often used for this conductor string, no hard and fast rule as’ to size is laid down. Ordinarily 10 to 15 sacks of cement will suffice for this cementing job, providing the cement is thoroughly mixed and placed in a thick mass and RULES FOR DRILLING OF ‘SECOND SAND’ WELLS IN _ SALT. CREEK ARE ISSUED $09 $ 11 200% > 01 Ot. 02 40 Capitol Pets .—----.--. | 01 Consolidated. Royalty Columbine Lance Creek Royalty. Lusk Royalty. .. Lusk Po! Mike Henry . .... Mountain & Guit . Royalty & Producers. . Sunset .....s005 Tom Bell Royalty. West. Exploration . WinG River Refining -... .01 02 Torchlight Greybull ~~. -. Lance Lander —-~-~-----—-----—------- visited the mining camp of Beatty in southern Nevada, and a large survey crew now working in the edge of Death valley, where tney are engag- ed in tying up Nevada townships with the ,California-Nevada boundary line. They have completed the survey of 30,000 acres of Amargosa valley, where a huge irrigation project is said to be under way. One crew is now surveying in the Beaver dam (eg in Washington county, Utah. Phan aaa ———-Subscribe for The Tribune——— effective means used to force the ce- Tent outside of the casing. No part of this string is'to he pulled during life of the well. The foregoing outline relates only to setting of the 80-foot conductor string, Such a string should be set in the manner described for allwells. drilled on government lands in the Salt Creek field for the purpose of producing aif or gas regardless, of, whether it is proposed to produce from the shale, “first wall creck sand,” “second wall or any other stratum. DRILLIN In order to protect both the “first ‘and’ second wall creek sands” when it is intended to take production from the “second,” the following procedure, if successfully carried out, will be con: sidered as an approved method: After ecmenting the conductor string as previously described, another string of less diameter in good serviceable con- dition should be carried to a proper landing point below the bottom of the “firat wall creek sand." When this janding point is reached the string of Pipe should be thoroughly mudded (see item four, remarks), using as heavy a@.mud fluid as possible, the mud fluid should then be followed with suffic- tent cement to extend when set, well above the top of the “first wall creek sand" in the annular space. between the casing and the wall of the hole, This cement should be allowed to set not less than two weeks before drill- ing is resumed. Before cleaning out the cement a PAULS JAM is different from other jams \ McCord-Brady Co, Wholesale Grocers Casper, Wyo. ——Becaute the famous betries WXOMING CRUDE OIL MARKED: Grass Creek -2.------————---—-$1.76 | Rock Creek $1.50 ‘--+ ——-———-= 1.15} Salt Creek Elk Basin -__/__----------- 1.15| Big Muday 1.75] Pilot Butte 1.70| Hamilton FURNISHED BY TAYLOR & CLAY Ground Floor Oil Exchange Bldg. Phones~203-204 ‘Wyo-Kans. 23.50 Wyo-Tex .. 04 West, Oil Fields 26, 29 You .. - Elk Basin .. Okmulgee’. . oa Cities Service Com. . Allen ...-.e05- U. BS. Steel ........ Union Pacific R. R. FOREIGN EXCHANGE Sterling Victory 4%5 ee 1.40 1.40 eabersccukonnae Ad Dome Mule Creek easing test should be made to deter- mine whether the casing is tight. The cement should then be cleaned out and a foot or two of new hole made, after which the fluid should be again bailed down, allowing 24 hours fér rest of water shutoff. Care should be taken that the hole is, left open below the shoe for such test. No part of this string should be pulled during the life of the well. Remarks: 1. For the present no specifications are issued as to the use of a liner jor ‘a full string of pipe in subsequently completing the “second sand wells,” though a full string is recommended 5 @ protection to the string when it may becomie necessary to clean out the well.. Such a full string will not only)keep' the tools from jarring against the water string but. will pro- fect it from being line cut. tation caused by the move- , oil or water encountered in the “first wall’ creek sand," is like- ly to prevent the cement from taking a firm set in or above this sand unless such improvement had been. preveat- ed by the use of mud. Such agitation ‘would not affect the cement below the “first wall creek sand" therefore, with- out the use of mud previous to ce- menting it would be possible and in| board. fact not at all unlikely that the ce- ment would make a tight job below ithe ‘first wall) creek sand” and not above it. In such a case the damage caused by migration of water into overlaying shale crevices would be likely to spoil shale production in thp vicinity. Suck damage would.not be percelved until the shale well went to ‘water, \ even then it would be diffi- cult’ and“ in some cases impossible to determine which of a group of “second sand wells” was actually causing the damage. 3. The presence of a colymn of mud fluid tends to insure the success and permanence of a cementing job for the following reasons: (a) it prevents agi- tation in the hole, thereby affording the cement better opportunity. to set, and seals any pores that might have formed in parts of the cement; (b) it protects casing from corrosion and bas a tendency to stop small leaks at collars in cases where the threads it must ordinarily be thick as possible. In cases where mud fluid is used to seal a productive ofl or gas meas- ure or to prevent contamination of a BRAINS CLIN potable water-bearing stratum, the|Lack of Selling Press Pressure Leads to tmud should be circulated until the Chica formation ceases to take mud ‘fluid. Improvement in igo This may be determined by measur- ing the level of mud fluid in suction box or pit while circulation of same is carried on. Time intervals and pump pressures should also be noted when above measurements are taken. If there is loss of mud fluid it may be necessary to use thicker mud fluid, as thin mud has been known to mi- grate to adjoining producing wells and show up in the production. Bradenheads or other devices with valves attached are used at times when it is necessary to mud the for- mations under pressure, By grad- ually closing the outlet from the Bradenhead the necessary back pres- sure may be attained. Under such conditions, care should be taken that the casing is kept free while circu- lation is maintained. 5. Cement should be mixed with water only (on sand or gravel) and in as thick a mixture as can be manipu- lated. Experience has shown that 40 pounds of water to a sack of cement makes a :cod mixture of sufficient fluidity to hendle with a good mud pump. The cement mixture should have a greater density than the mud fluid used. 6. This office will be glad to fur. nish on request a casing table giv- ing among other data a guide as to the weight of pipe to withstand col- lapsing pressure at various depths. . Sush a circular as this is intend- ea as a guide for the convenience of operators on government land in the Salt Creek field, Wyoming, and is subject to revision from time to time as experience may state. 8. If an operator feels that the pro- visions of this circular or any other issued from this office are nnt just- ly applicable to his well or wells, the Supervisor will be glad to review the case with him. 9. It will be noticed in the fore- going that emphasis fs put not only on the method used but on the results obtained. Market CHICAGO, March 22.— Absence of any pressure to sell brought about an appearance of strength in the wheat market today. Buying, however, was of only a scattered sort and was con- fined mainly to shorts, Renewal of talk about enactment of an emerg- ency tariff bill tended to give somo advantage to bulls. Opening prices, which varied from unchanged figures to % cent lower, with March $1.52 and May 1.41 to $1.42, were followed by moderate gains all around and then by @ talr reaction. Subsequently, bearish crop reports together with misgivings about eco- nomic conditions and Jack of export demand led to efforts to liquidate and prices broke sharply, May falling to the lowest level sinoh 1916. The close was unsettled at %c net decline to 1%c net gain, with March $1.51% to $1.52 and May $1.42% to $1.43. Corn hardened with wheat. After opening a shade to % cent lower, in- cluding May at 65% to 65% cents, the market scored slight general gains, but then sagged. Later the market sympathized with wheat weakness. Both corn and oats for May delivery touched the lowest figures since 1913. Corn closed. nerv- ous at Ke to %c net decline with May 65%c to 65%c. Oats were firmer with other cereals, starting unchanged to % cent off, May was 40% to 40% cents, but later show- ing a small advance, Provisions, like grain, tended slight- ly upward. Sellers were cautious and inclined to await strike developments. Closing Quotations CHICAGO, March 22—Close: Wheat —March $1.51%; May $1.42%. Corn—May 6530; July 68%c, Oats—May 40%0; July 42%c. Pork—May $20.50. Yard—May $11.77; July 12.05. Ribs—May $11.4! Chicago Provisions. CHICAGO, March 22.—Butter— Higher: creamery extras, 45%c; stand- ards, 42%c. Bgee—Higher; receipts, 57,434 cases; firsts, 23@23%c; ordinary firsts, 20@ 10. Naturally an operator will be expected to make repafr jobs where necessary, regardless of whether the well was properly and successfully handled when first drilled. The situ- ation is analogous to the case of erect- ing a structure in a city; if the founda- tion or other parts of such a structure showed deterioration to the extent ag maark, cases’ included, 220 of rendering the structure a menace y - aoc ane Prop ergata gs Aba agge Si irra Ngher; fowls, 37c; building Inspector would require the: i owner to either sv repair the struc- Sulaian ture as to make it safe or to properly abandon it. ROBERT C. PATTERSON, Ee Dividend Passed, NEW) YORK, March 22.—The Van-i Dakota Redriver adium Corporation’ of America today! s1.50@1.60 cwt. passed, its current quarterly dividend CHICAGO, March 23.—Potatoes— Market steady; receipts 59 cars; white, sacked and bulk, $1@1.15 cwt.; Min- nesota and South Dakota early Ohios, $1.25@1,35 cwt.; Minnesota and North Ohios, sacked, CHICAGO, March 23.—(U, 8. Bu- reau of Markets)—Cattle—Receipts, 9,000; market generally steady; top beet steers, $10.60, weight 1,125, pounds; buik beef steers, $3.75@10; bulk fat’ she stock, $515@7.75; can- ners and cutters largely $3@4.50; bulk bulls, $5.25@6.25; calves slow, weak; bulk vealers to packers, $9.50@10.50; stockers and feeders steady, weak un- dertone. Hoge—Receipts, 20,000; very un- 25c to 75c lower than average; hogs averaging 240 pounds down off most; early top. $11.25; bulk 200 pounds down, $10.25 @11; bulk 220 pounds up, $8.85@10; pigs, 50c to 75c lower; bulk desirable 90 to 120-pound weight, $10.50@10.85. Sheep — Receipts, 19,000; killing classes slow, about steady; lambs $10.75 to shippers; packers top, $10.50; shorn lambs top early, $9.25; others held higher; bulk fat wooled lambs, $9.50@10; no choice handy ewes here; bulk going from $5.50 to $6.25. DENVER, Colo., March 22.—Cattle —Receipts 1,100; steady and higher; beef steers, $7.50@8.50; cows and heif- ers, $4.50@7.00; calves, $10.00@12.00; stockers and feeders, $7.00@8.25; bulls, $3.50@4.50. Hogs—Receipts — 1, cents lower; top $10, 10.15. Sheep—Receipts F,£40; 28\ to 50 cents market 25 3; bulk, $9.25@ higher; lambs, $7.95@9.50; ewes, $4.50 @5.25. aa Metals NEW YORK, March 22.—Copper— steadier; electrolytic spot and March 12@12%; second quarter 12% @13. Iron—Nominally unchanged. Tin—Steady; spot and nearby $28.50; futures $29.25@29.50. Zinc—Steady; East St. Louis, spot $4.70@4.85. Silver. NEW YORK, March 22.—Bar sil- ver, 99340; foreign, 54%o. Mexican dollars 44%. DOG OWNERS GET UNTIL. APRIL 1 TO PAY TAXES Unless Fido procures a license to five he will be subject to capture and execution on and after April 1. This decision followed discussion in the council chambers last night which in- dicated that the city dads believe that the number of dogs in Casper affords @ menace to local residents. New licenses for the current year have been received and the owner of a dog which he is desirous of keeping from the happy hunting ground should purchase ja stay of execution. ‘The detested dog catcher, whose iden- tity is unknown,. will make his debut here the latter part of the week, to roundup the dogs not go protected. becat of “continued business = pression and a desire to conserve casi resources,”” Six months ago’ dend of $1.50 was paid and months ago a dividend of $1. At their’ meeting today the direct- ors elected Thomas M. Schumacher, president of the Hl Paso & Southwest- ern railway, to succeed Allan A. Ry- an, who resigned his position on the fav, three Oranges are a real man's breakfast. Bee that. the men of your household get the healthful salts and acids’ ev- ery morning. 3-22-2t PSYCHOMETRY Business questions answered; pre tional guidance; readings dally. Blood, room 1, American hotel. 3-: oi id {esas Fade alin atc ASPHALT. WASHED UP VELASCO, Texas, March 22.— Fish- ermen returning from Quintana Beach have reported that thousands of tons of fresh asphalt have been washed upon the coast. Blanket-like strips of 25 to 50 feet in length and varying in thickness’ up to several feet were cast up Sunday morning along several miles of the beach, they report. ‘ whe SOBRE King George's life insurance policies total something like $10,000,000 in value. Light Your Kitchen the Right Way Most Kitchens are lighted in the wrong way, with a single center ceiling fixture which. throws black shadows at the range, the sink and the cup- board. Inthe busiest smonian the huse the work is too AFTER SLUMP Reaction From Early Trading Marked by Gains in Many Market Specialties NEW YORK, March 22—Ileaders In the stock market were under furth- er pressure during the early and in- termediate stages of today’s session but losses were largely overcome lat- er. Sales approximated 600,000 shares. The closing was firm. NEW YORK, March 23—Encour- aged by yesterday's tions at the opening of today’s stock market, effecting further losses in = ™majority of the popular shares. Cru- clble Steel lost 1 point and large frac- tional recessions were made by Mex- ican and Pan-American Petroleum, United States Rubber, Canadian Pa- cific and New Haven, Studebaker, General Asphalt, _ Endicott-Johnson and several unimportant specialties were included among the few firm is- sues, A steadier tone developed with- in the first half hour on the improve- ment shown by oils. On the early rebound oils and ship- pings, as well as food and textile spe- ciulties were carried 1 to 2 points over yesterday's final prices on to- day’s stock market, some of the rails, notably the Hill issues also, sti ening. Excepting Atlantic Gulf, gains were largely or entirely cancelled be- tore noon, steels, motors, coppers, tobaccos and low priced rails yielding to renewed pressure. Republic iron preferred, Pierce Arrow preferred, ‘Tobacco Products and Sears Roebuck were especially heavy, losing 2 to 3 points, and General Asphalt, the most active feature of the morning, react- ed 1%. There was little demand for call money at the % per cent re- newal rate, MONEY AND EXCHANGE NEW YORK, March 22.--Prime meracntile paper 74%4@7% per cvnt. Exchange—Heavy, sterling, demand $3.90%4; cables, $3.91%. Francs, demand, 6,94; cables, 6.96. Belgian francs, demand, 7.26; cables, 7.28, Guilders, demand, 34.35; cables 34.45. Lire, demand, 3.84; cables, 3.86. Marks, demand, 1, Greece, demand, 7.60. Argentine, peed 34.00. Brazilian, demand, 15.25. Montreal, 12% per cent discount. Call money easier; high, 6%; low Time. loans, steady; 60 days; 90 days and six months, 6%@7 per cent. 6%4; ruling rate 64%; offered at 7; last loan 6%. Gerald Dickens, Sreat novelist, British navy. grandson of the is a captain in the MOTOR CAR It is owned by many who can afford to pay anything they wish for the things they use. It is always bought be- cause of its known value and its after economies. CASPER, WYO. 131 East Fifth Dense BRomers Coliseum Motor Company often done in bad light. One forty-acre lease comprises the northeast quarter of the northwest at ot eres teak i ate Be rae gr nv min-y) rev arma its ‘Always install at least one side-wall fixture fining company. Another forty scree isd cemhaal Wald Wicdk Gakdacn over the sink and another over the range. Kitchens in America, 7 ie Mesa MOTHER’S FRIEND ‘Thats why PAUL'S JAM ts Such a sink light will save much china break- 20 good! that you: want’ ft for age and speed the work. your re ‘ALLUP AND SUMNER ‘ROWERS CANNING CO. PAUL AVENUE, PUYALLUP, Wasi. , Electric Supply & Construction Co. 142 East Midwest Ave. Phone 483W EDISONS, VICTROLAS AND RECORDS Daniels Jewelry & Music Store | aramount Club Dancing Parte Winter Garden --- Thursday Reports and Surveys WINNETT, MONT. a UEEEEEEnnenel Good Goods, the Right Price and Easy Terms Glenrock and Lusk, Wyo. You’re A Invited PTSD Rd EK a RY BRE: