The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1910-06-25
|NOTFD EXPERT SUBMITS
REPORT ON TUN|TAS FIELD
California Property Of High Gravity United Oil Company Declared
To Be One Of Most Promising in State

II. w. FafT, an OIL man OF twenty
years experience in the various oil
fields OF the country, during which
time he has been in direct charge OF
some OF the largest operating com
panies, is now Superintendent of the
High Gravity United Oil Company, in
, Tunitas field, forty miles south of Sar
, Francisco. Mr.. Parr for number OF
years has been the field man and ex
pert for the California Oil Fields, Lin.
tied, an association of British capital
lists operating in the Coalinga field
This British company probably has one
OF the best equipped properties of the
entire State of California. having big
machine shops, boiler plants, repair
shops, etc., covering several acres of
ground, where they manufacture most
Iof the fishing tools used on their large
property where they already have more
than sixty producing wells of high
grade oil. This English company ex-
pended enormous sums in equipment
and development.
Mr.. Parr was with them number
of years until he accepted the more
lucrative position with the High
Gravity United Oil Company. Recent.
ly number of stockholders and invest
ors visited the camp of the High
Gravity United and a correspondent OF
one of the local papers quotes Mr..
Parr as follows:
"When / arrived on the property of
the High Gravity United Oil Company
] was much pleased with the general
condition of its equipment and the
good oil showing that cursory ex.
animation disclosed. / have been in
charge of the property now for some
months and have had opportunity to
make thorough examination of the com
pany's big estate and + am more i'm.
pressed from day to day with its won
derful future possibilities. The general
indications and formations are so very
similar to the California Oil Field
Ltd, at Coalinga, with which I was
connected for number of years, that
] now feel absolutely confident of bring
ing in for the High Gravity United
wells of such wonderful high grade oil
and of such large production, that !
know it will create stampede to this
field.
81 am convinced that the shallow
wells of the High Gravity United
drilled to a depth of about 1000 feet
were drilled behind the outcrop, just
as the earlier shallow wells were drill
ed behind the outcrop by the Califor
mia Oil Fields, Limited In both cases
high grade refining oil was produced
at shallow depth in broken forma
tion. About the time the California
oil FIELDS Co. were uncertain as to
txxyha 4
work or not, they were prevailed upon
to drill a well on the other side of the
outcrop with the purpose of sinking a
deep test well to the lower sands. The
history of that well is known to al
posted oil men of California. It came
in as a gusher and settled down to q
|. steady production of about $500 barrels
per day Of high grade refining oil thai
has been selling around $1.35 per bar
,, rel. The company has already obtain
ed over $2,000,000 net profit from thai
one well alone.
GA Britisher is not naturally very
enthusiastic but this well certainly
made them jubilant and resulted in
their quickly adding number OF
drilling rigs and within a short time
they were running from ten to fifteer
: strings of tools and within two or three
: years they built up good sized city
; of their own with big shops and bis
! camp equipment and had in their em
ploy from 200 to 800 men. They ar,
now paying 40 per cent per annum il
! dividends on an issued capitalization
of $2,000,000. They have expended
enormous sums in development and il
addition follow the conservative cours,
of setting aside large sums annually
. for depreciation. Only recently, ou
of this depreciation fund, they bough
7 some ground of the Monte Cristo OF
! Company for which they paid $500,
900.
81 find here on the High Gravity
United property practically the sam'
, formations, the same shallow we'll
r drilled in a broken formation. produc
!, ing a wonderful high grade oil, an OF
c that is far superior to any produced b,
c the British company or any othe
/ company that l have been connecte,
4 with. I would judge this oil is wortl
Y from two to five times the price of an,
e other oil produced in this country.
: "Sinee the High Gravity Unite,
Y Company has started their recent deel
/ well with l6-inch pipe, about one hal
mile away from their shallow we'll
!. and on the other side of the formatioN
! ] have found that practically the sam
!, conditions exist in this formation tina
n ] have already referred to as eyistin,
on the property of the California Oi
Fields at Coalinga. | am of the he
lief that the High Gravity United will
;. develop in its present well tremen
Y dous production of high grade oil.
cannot figure it out any other wa,
{ than that they will strike the big out
e cropping oil sand at depth o
It about 1000 feet.
1.-THE pitch and trend of the OF
sands, as shown by the outcrops in tn
It lravines and creek channels, is trend
r ing under the big acreage Of the Higl
{. Gravity United and at the point wher