Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1901-03-10
PETROLEUM IN TEXAS
An Oil Expert Believes its Future
Is Important.
WILL ENTER MARKET
Tie says the oil win Acct the OIL
Markets Of the World and
Cause Industrial Acii'l;!
Throughout the District.

Baltimore. March g-The promi.
hence that petroleum is assuming in
Texas and is bearing upon the mineral
oil developments IN this country and
abroad has led the Manufacturers Re
cord 10 publish this week AN exhaustive
article ON the subject written by Mr. G. .
F. Caracri,t. NJ. r., who has had
wide experience as AN expert In Europe .
South America and the United States
for European aud American syndicates
Interested IN oil. The article takes
broad view Of the Texas field, deals with
the special features Of the petroleum
business, and traces the progress made
I'm that state since 1890
Mr. Cumcrist asserts that while Cal.
ifouin petroleum, like that ~ the Beau
mont field In Texas. has am important
mission 20 fulfil In the advancement of
civilization, vet the light, Illuminating
oils Of the Navarro county field extend.
ing t0 northern Toxins arr those thltar
60 effect the great uil market, Of the
world DE- says, Furthermore, that the
pipe line now being constructed between
Port Arthur and Beaumont is merely "a
forgruuner Of a great system that viii
sweep through TcUs from north o.
south and form the main artery Of q
vast industry that vii, transform that
state into am empire of industrial artiy-
ity giving impulse 90 tho spirit Of the
coutury-thc spirit of commercial and
industrial conquest that must. pcrforcc.
work 10, way ,outhwurd from the Gulf
Of Mexico 90 the markets Of noighh1r-
ing countries, and that the Importance
Of the Texas petroleum fields rests more
ON their proximity 90 the -eaboard than
upon any other natural advantages
"From the exploration pncticed by
prosIectors" he says, "und nay own
personal investigation Of the formation.
! ana fully convinced that the petroleum
bearing field OF Texas extends, with
some structural interruption. from the
Rcd river 20 'he Gull OF Mexico. and
that 30 b, one of the most wonderful So.
rie, of pgtrolcum-huring pool. So far
discovered M the United States. Dur
ing my recent examination Of the pctro-
lyum fields Of the Pacific / found chat
activity porudol every branch ~ the
industry, aud that in California the
bu,iun bad grown Goo such proportions
a, to warrant tho organization of au D.l
exchange. While tha western fields
each have their particular Importance
and merit. O.. local propositions, the
chemical composition uf tho oI and is
geographical position preclude DO from
ever b.omluga factor BOO tine foreign
markets T.a- 900 rleo.h. mnI. Doe
ing loaled near the .oahnrd aud ,ur.
rounded hy c.utOr u, plpu.lu. c.ylIiA-
ton and economic and commercial ud.
wun-... is destined beyond p.udy,u.
tuu 600 become formidable rival 90 iu-
tcrest- of colossal magnitude in this
country and abroad
eth. formation boo which tine Texas
p. -r'oum +, found B. fhe tertiary. and
identical with that Of Cuba, Barbados.
Trinidad, Mexico and Columbia. in
which moro ur loss oil and a.phNum
rru found. tine oil Ind, varying from a0
90 90 feet IN thickness, The compost
zion of the ,uud ylrio. from .uft. porous
sandstone 10 limestone and shnlr The
gravity of the OH pr.r, from O.Sg5 o.
0slp. on i- found iu Navarro and neigh.
boring counties. Petroleum uc. at q
depth Of from 1000 20 1850 feet from the
surface boo dark gray sand composed ui
silica containing turmiuifcm The
gravity of oil isgS!1l a. an artificial
W. producer this oil yields ga. hay.
ing o.. much os 32 candle power and Civ.
inc from 500 o. 5is candles per gallon Of
oil usrd
cover aud above On. value ~ The T-.
trolcum. the natural ga, that is found
IN the vicinity of C.rIaaua represents
uluo. of .h. highest Importance DO tu,
unfolding of tho manufacturing posi-.
blitios of Texas. The g, iu this field
could Doc delivered atm .uarmou. profit
O.. tla m.g ol 80 cents pr 1000 feet
Thi. .- fhe price paid BOO p.tt-burg by
large mnuiactor.e.. From careful
examination or thr CHriclua gas made
q few month, aro. fund hos value q.
uc eight Cubic iorJ ui g. gas equals one
pound of American steam coal. or 1906
feet of gas equal. go pound, Of coal
This would apparently mako the cost
of fuel equal Co 20 per ton, but
u, matter of fact fhore being
mo- Dos. from starting NJ fires. beside.
tI. gain boo Hhur would bring tho cost
down tuoIual coal uf f" per tom. m
hero calculating 600 msat2l cont. per
1000 io.t when asa matter of nat 30
cm bo delivered under tho boiler if the
wu.ls are operated by tnp consumers. 90
b cents per 1000 feet, including interest
ou plant, depreciation of we'll and iuci.
donials This would make fuel "a.
equal 10 the best coal at so cents pct
tom Vast pools of fuel and luhricatiuq