Casper Daily Tribune Newspaper, February 15, 1925, Page 16

=_ 5 PAGE TWO GREAT REFINING ACTIVITIES FIND CE 68,000-BARREL GIPACITY HERE Casper Asphalt Plant| Enlarged During Last Year. Glenrock P Ot outsta ref 6 Mu house of th in hand since he Standard plant puts ofl coming Mutual thi © field has been th ult the Colorado Oil Coming. A probability that may be !oo! forward to with confidence {s the re fining in Wyor of of produced in north central and nerthw orado. The plant of tye Prairie Oil and Gas company at Parco in soutt ern Wyoming on the Union Pacific railroad near Rawlins will lke grow into an immense refiner new Colorado fields near Wyoming's southern border are opened up. Tt Moffat field at Craig will, it is said l the production piped to yntinent cago. has for a nur ber of months remained practically ip pending set as to the valid- ase on tho struc snsequently there is little oll port out of the state through die, due tlement 1 ity of t ct that it 4s more econo! to operate refineries in Wyo- than in any other part of the untry because of the abundance natural gas as a cheap fuel, makes the proposition of piping in and refinir crude oll here attrac’ ot improb able that this will be the case in the Production on Par, react exploartion “for new leeper eands uns and int fields and probing in ostablished fie This status of capacity and pro duction concerns light oils alor ack of} possibilities present anoth er condition—one of great amounts of asphatum base crude in x dis covered only partially t fields in the state. Refineries to ¢ for this class of of! will constant ly come in to exister ket for’ bl roducts expa aid it is doing that steadily e as the ma ack oil 1 In this connection nere comes t ight tho 1 ts of tt oll « ver a numl in Fremont and H ties, Already the Union ha ure in Maverick Spri fie in 1 mont county thi ucture } now tapped by a few wells tt capable of turning out r t 8,000 barrels dail when t pipeline outlet. It is believed tho district r fields cah be added tot erick Springs and Cire present the company ts pros Hale Dome and Lake Cre 1 Hot Springs county, oe OIL POPULATION, 50,000 At least 60,000 of Wyom ing's population rectly font t 1 wreat dea class. Che Casper Daily Cribune Millions Spent in Discovery and Development Work but Returns Are Small; 171 Wells Capable of Producing This Grade. ny JAMES M. DOUGLAS of California production o Wyoming is 90,000,000 | of es | the To date there have been produced| reason that pumping must t state of Wyoming,-1 owners, for this production ducing this $444,380.36 which added to the c of drilling, or $9,740,310.00 the total cost of drilling for and pro ducing black ofl sold mineral tar grants for medi s and for greasing their 1 was collected from the nd that the thus—the pro SUNDAY, FEBRUARY 15, 1925 NTER IN CASPER AGK OL INDUSTRY HOLOS GREAT FUTURE FOR STATE WITH DEVELOPMENT OF ASPHALT DEMAND ‘Thus, we learn from an examina- tion of the above statistics that the companies operating in Wyom- ing have spent in connection with drilling for and producting black oil the sum of $10,184,690.38, while op- erators and royalty owners com- bined, have received for the products sold, the sum of $1,624,684.29, It is well to consider, in this connection, that the lifting cpsts incident to the production of black are considerably greater than ‘ost of Hfting Ught oil, for the be re sorted to in the case of the former, while the larger part of the ight oll wells have flowed for a time at it Paying Provides Market, A substantial part of Wyoming's ofl reserves is made up of the “black oil” areas. If the industry is to continue in the state in anything mparable to its present status, the production of ck oll" mui EWS FROM EVERYWOMAN’S Texas Company Also Big Operator at Casper encouraged by the establishment of profitable markets for the product One of the most important, if not | the most important product ‘black ofl" is asphalt. territory must of necessity be to be successful. “For all type of motor traffic a properly constructed asphalt road or payment approaches the ideal more nearly than any other type yet de signed, Its economié construction pleasing appearance, easy riding qualities, low tractive resistanc general freedom from cracks and rough joints, cleanliness .and the fact that it Je easy on tires hav made it the most popular payment in existence, Asphalt payements meet the re quirements of the most concentrate traffic and in 6 cities have bee laid to a far greater extent any other type of pavement. wide popularity represents sound judgment of our mo: ent muni avenue, New York, over wh thousands of vehicles pass . daily excellent illustratio Wyoming’s finest and largest store for women PORES 110 East Second Street—Casper of the succesfu’ u on the very finest and hardest used State and Public Car Aid. men and prevented production from| those hereinbefore referred to, in- néople of Wyomthg could, | this colliery during the greater part|cluded gypsum, phosphate rock, and should, take a very active and|of the remainder of the year. The|lime rock, sodium sulphate, bento- he use of this product in the Rocky Mountain n+ couraged, and increased, ‘it ‘the black of!” industry in Wyoming fs | ™#!7t#m and continue the ofl indus-| tons daily. This disaster, combined |cinal mud, ete. try in the sate by rendering proper|with an explosion thirteen months| A disappointment of the year was e to the “black ofi"'previously.in the No. 1 mine of the|the failure of the Centennial plati- This assistance could be same corporation at Frontier, Lin-| num prospects. encouragement promin cipal engineers, men wh¢ are best informed upon adequate | means of meeting the severe re quirements of modern heavy traffic. | The asphalt pavement on Fifth | CONSOLIDATED ROYALTY . Brooks, President S. A. Lane . Richardson, Vice-President R. 8. Ellison - Matson, Secretary-Treasurer Charles P, Whitney W. T. Funk J.R, Penn Eugene Coste we REFINING CAPACITY AND LOCATION OF ALL PLANTS IN WYOMING - Capacity Owner Location in Barrels Alliance Oil & Refining Co. ~Thermopolis 1,500 Osage é 100 -Lovell 500 ~ Casper 55,000 -Greybull . 12,000 -Laramie 10,090 -Cowley 1,500 -Glenrock 7,500 100 200 Clay Spur Refining Co. - General Petroleum “Co. Midwest Refining Co. (8. O, Ind.) Midwest Refining Co. (8. O. Ind.) Midwest Refining Co. (S. O. Ind.) Mutual Olt Co. Mutual Of] Co. --..-- MacAulley Pro. & Ref. Co. McWhorter Oil & Ref, Co, - Osage-Upton Oil Co, ---.. Producers & Refine#s Corp. (Prairie) Riverton-Wyoming Ref. Co. - Southwest Ol] Co. ~~ Standard Oil Co. (Indiana) - Texas Co. --- White Eagle Oll & Ref. Co. Wind River Refining Co. - Wyatt O11 Refining Co. - U. 8, Ol] & Refining Co, -— | a a ee ee rendered principally in these re-|coln county, in which 99 men lost spects: their lives, caused a very serious 1. The taxes to be levied upon| depletion of the state's industrial “black oll’ production and the prop-|4ccident insurance fund. erties incident thereto shoud be No new coal mines were opened kept at a minimum by the govern-|!n Wyoming during the year, The ing bodies of the state, counties and | number of men provided employment cities. ° by the coal industry {s approximate- 2. Buch governing bodies should, |!y 7,500, of whom about tavo thirds as far as practicable, limit the use|are employed in the southern dis- of paving materials in all paving | trict comprising the producing coun- projects in the state to Wyoming|tles of Carbon, Sweetwater, Uinta products—asphalt is one of the prin-| and Lincoln. cipal of these, In this connection, It Iron, Output Curtalled, fs {nteresting to note that some! Curtailment of steel manufactur- gone so far as to Pro-line at Pueblo, Colo., f hibit the use of any materials, ex-|,°% ‘eblo, Colo., in 1924 resulted cept those produced in the state, in|!" Corresponding curtallment of the paving projects to which the state | Production of iron ore at Wyoming's contributes a®part of the expense, |°M/¥ Producing fron mine, that at 3, The use of oil ax fuel, wherever | Sunrise. The production is eatt- convenient and where the cost of |™A@ted at 225,000 tons, worth ap- the same ts not excessive as com-|>roximately $500,000 at mouth of pared with coal, should be én.|™ne. A profect is under way which cbtiranee: contemplates development of the | 4. Each resident of the state can|!mmense iron ore deposits in the a8 his part to advertise tho “black |S¢minoe mountains in Carbon oil” resources of Wyoming and the | COURtY: value of the products of black oil.”* Minerals other than petroleum, coal and iron produced in Wyoming during 1924 probably totaled in valiy/ aie eeeeestdla ae ; at point of production about $2,500,- 000. There was little, if any, in- crease over the production of the preceding year. Precious metals taken from the ground in the state during the year probably did not exceed $50,000 in values. They were Saintes by-products, the state having no established precious metal mining \idnustry. Minerals commercially (Continued From Page One) produced during 1924, other than ~o in a program to|mine has a capacity of about 500/nite, grav building stone, medi- OIL COMPANY Suite 401, Consolidated Royalty Building CASPER, WYO. OFFICERS AND DIRECTORS ADVISORY BOARD We Are Always in the Market to Buy Desirable Royalties Anywhere