Casper Daily Tribune Newspaper, February 15, 1925, Page 23

SUNDAY, FEBRUARY 15, 1925 3 4. PAGE NIN NINE Che Casper D Daily Tribune ‘ j TEAPOT DOME PRODUCING; DRILLING AT STANDSTILL F COURT SUIT TO 7 DECIDE FUTURE ‘ . Government Action to Annul Lease Still To Be Decided. By H. CULLETTE HAS | mene Ih rg wn ni & MINE INDUSTRY Phone 913 Phone 914 CASPER SUPPLY C0. 444 SOUTH CENTER By THEODORE WANERUS President, Wyoming Press Ass'n, What promises to be the outstand ing industry of Gillette bell county, Wyoming, mining industry Six miles east of Gillette lies the = = third largest Known deposit of coal 2 in the world—a deposit that ts 90| = = = 2 4 {s the coal feet in thickness, unmarred by. a A, STUART J |single fault of foreign substa Commander, U. 8. Navy |The coal carries an overburden 6: ging. fro to 20 te Sesval Renccve No, 4 thbte, tent jearth ranging, from 13 to te At the Mining present time, the Peerless | company and the Wyodak company are operating adjoining | = mines on tho thousands of ac that comprise the coal field. larly known as the Teapot Dome Re- serve, !s located about 38 miles north of Casper, and about three miles to tho eastwara of the main highway Peerless mines from letween Casper and the town of ohatt. white tne. Wydiok outfit. is | jdwest, the heart of the Salt Creek engaged in strip mining with steam | == h field. The reserve contains 9,321 sho Both anies have ade |e WHOLESAL E DEAL ERS IN res of land within its outside} aap equipment 1] m Le sas ak Ke Dndaries; of this total, however, | pepctas By about 2,420 cree are ofl bear eee Automotive Accessories oe tas ic amasay ante ‘ Kelly-Springfield Tires and Tubes Teapot Dome is a long, nar- S area which joins the main Salt eck field. The surface elévation ries between 5,000 and 5,200 feet bove the sea level. The reserve as created in April, 1915, by an ecutive order of the president (irom public lands which had®been ithdrawn from public lentry in 1909 nd 1910.! At the time of withdrawal it was estimated that the first Walt reek sand in the reserve would nro. Duce approximately 30,000,000 barrels bf oll, Unfortunately this sand has roven to be elther barren or full of ater throughout the whole extent pf the reserve. By a strange coin- Electrical Appliances and Supplies MANUFACTURERS’ REPRESENTATIVES xtent; tc Bessemer Gas Engine Co. Atwater-Kent Mfg. Co. Radios G. & G. Cooper Co. Gas Engines Westinghouse Electric Mfg. Co. Chapman Valve iirlag Co. Fairbanks Morse & Co. num idence, thel petroleum engineers hardl how estimate that the second Wall ‘ounty; today, the 1 wala iinet of hogs on the dry At reek cand, which was unknown at Bier uD Teereaine wsurt Ge itlecs Ba tine US tne Sarpnuecenent OF thy raised bushels of corn on a YOUR INQUIRIES ARE SOLICITED AND ESTIMATES BY eserve, will yield just about this vere ground two y ago by ENGINEERS GLADLY FURNISHED ame quantity, As to what addi the farming method = tional yield may be obtained from c has organized | hamber of cc also = ithe lower sands nothing is known except that one well has been sunk to the third Wall Creek sand, from which a daily production of 40 bar rels 1s now being obtained. The ex- tent and productivity of this sand can, of course, only be determined by further drilling of test wells; it is new Lions clu production {s 82 barrels, and present average daily production for all wells account of decreased production cur- rent royalty being received by the reserve is unfit and unavailable for Naval use, As crude oil in itself not believed, however, that produc-|Is 2,000 barrels, the present produc-| government {# the minimum of 1214 | this is of course true. It ts safe to tion in any large quantity will be|don bens more or Iess settled. Av-|per cent.» It ts only falr to-say that |say, however, that the Navy does a liten! aia PRES mic wa ge gravity of ofl from t is probable that if more wells | not now use, and never has used, a obtained from this sand. As to thelway Creek sand wells is 36.2|were being drilled the royalty would | barrel. of crude oll. for fuel an it other lower sands, Lakota, ete.,|Reaume. be higher; however, as this question | comes from the well, except perhaps < a fg proceeded apeaking in. gaferal F EMERY SHIRTS COOPER UNDERWEAR 4 tera, in Sess aaice wy tie tera aA S SUMMIT sEATHE 300DS 3 Mes dined. t8 Pebelveciuibron amare Business usually goes where it is wanted, stays where BLACK CAT HOSIERY > : i m1 } LEATHER GOODS Rt Rave it is most appreciated; that’s why we solicit your patron- OREGON CITY WOOLEN GOODS BB the property there is a prospect of obtaining pro- duction provided that these lower measures are not found to be filled with water, Lease Held By Sinclair On April 7, 1922, the United States government, acting through the cac- retary of the Interior and the secre- tary of the Navy, leased the entire reserve to the Mammoth Of! Com: pany, one of the H. F. Sinclair inter- ests, on a sliding scale royalty sched: ule varying from 12% to 50 per cent, depending wpon the quantity of pro: duction, There are numerous other provisions in the lease, many © of which are, under existing circum- stances, controversial in character, and will, therefore, not mented upon. During the course of the Senate committee investigation tn connec- tion with the leases upon naval re- serves suspicions were aroused in the early part of 1924 as to the valtd- ity of the leases which had been awarded to the Mammoth Oll Com. pany on Naval Reserve No. 3 and to the Doheny tnteresta on Naval Re- serves No, 1 and 2 in Callfornia. As @ result of these suspicions the gov ernment instituted sult to void the leases and requested appoln.ment of receivers to operate and conserve the properties pending the determination of the validity of the leases, 1924, Mr. be “com- ers of Naval F t Ad ed as recelver and the writer was appointed in his | stead on November 1, 1924. ‘The trial of the case has been set for March 9, 1925, the case having been twice continued at the request of government counsel due to dif ficulty encountered in obtaining cer- tain Important evidence from indi. viduals outside the mits of the United States. 81 Wells Drilled to Date Tho first well on the reserve un. Qer the Mammoth contract was started drilling on July 11, 1922. The Urst well to obtain production was ained as near! B as possiblo in “statu quo.” Alto gether 84 wells have been drilled on the reserve; of these there are 49 second Wall Creek of wills, one third Wall creek off well, 12 shale off wells, 12 sécond Wall Creek gas wells, five second Wall Creek wells, which have produced only water, and five wells which for various reasons are simply idle wells Average dally production per well reached the peak during Juno, when it was 273 barrels, Average daily production in barrels, for all producing wells was greatest in No. vember, 1923, when tho-average dally production was 4,460. These figures, of course, include the initial flush » Production. Vresent average daily 188 wero | Total production from the reserve to the end of 1924 has been 5,381 barrels, on which a royalty of 41 794 barrels: has beon paid to the gov: royalty ernment; arnment_ a’ received by gov: - On employees. own home. age. is one of the points at issue in the pending sult it is improper to dis cuss this feature. It has frequently been asserted, through prejudice, ignorance or in- elvo, t that the ofl in this 6% Pearl White Laundry At 1215 North Wolcott Street We have modern equipment, pure soft water, 60 loyal Give us a trial and you will find our work much better than you can possibly have it done in your The Pearl White Laundry Phone 1702 during an emergency in Mexioo, The fact that the Teapot Dome oil ts of high grade certainly does not lessen its value as a product which can be exchanged for fuel oil, gasoline, etc., at tidewater. A aa SES PTVONTOT INTERIOR VIEW CAMPBELL-JOHN All the Year STETSON HATS KUPPENHEIMER CLOTHING ON CO, ’Round--- HEID CAPS NETTLETON SHOES INDESTRUCTO WARDROBE TRUNKS LIKLY BAGGAGE ampbell-Johnson Co. HEAD-TO-FOOT CLOTHIERS PaaS ME ee