The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1914-07-16

prices would have been cut in all the
fields and their property would today
have been ruined. He said the strength
of the movement lay in cooperation
that the commission had a right to
conserve the oil, and all the power he
had would be used TO help the pro
ducers to get something for their oil.
! He told of an offer of roc a barrel at
| Cushing for three millions of barrels,
but the producers refused to take less
than 75c. He asked the men to get
| help for Calvert and said If it was
necessary, he himself would spend 30
davs in the field to see that the mat
ter was conducted straight and fair
to all. Judge Henshaw also stated that
those oil companies that are not mem
| bers of the Association had agreed to
pay their part of the expense of the
umpire and his assistant. There Is
a light ahead" said the commissioner
and the producers must not put that
light out by any strife.
J. E. Ring of the Twin State Com
pany wanted to know how much stock
oil was in the field on the 5th OF
May.
III cfotnl Whnn the
ducers were in Oklahoma City to make
the agreement with the pipe line peo-
ple. they estimated the stored oil at
200, 900 barrels. The amount was un
derestimated and the stock oil had to
be prorated.
w. B. Johnson told of the agreement
with the pipe line which called fol
4 tanks in the Healdton field and
3 tanks at Fort Worth. He said jus
= complaints should not be overlooked
but talks from one man to anothel
should not be INDUCED in. Mr.. John
D son stated he did not believe the pro
: duction was more than $4,000 to 80
600 barrels.
= Vern Calvert, the inspector or um
I pire, stated that he had been in tn
oil business all his life and gave som
: interesting notes on how to test flow
/ ing and pump wells and told of tn
Q york he had done and of the assist
2 ance the pipe line had rendered hin
y lie said the production at its highes
mark was 52,135 barrels, testing cor
y Times all the time ard the produC
/ ton now is 49,515 barrels and nigh
0 go as low as 10000, when the secon
q Test was finished. He said the con
o plants made had come from thos
who did not understand the situatiG
and that to take his work as Wnoi
+ il had been pleasant In speaking c
l. the storage oil he said there wer
/ 20S. GOO barrels as best it could be e'
T timated and that he was taking Z
q per cent of that oil. He said he woul
) be glad to have some one to verlf
Il his figures, that no man was mia
n Iih,e Mr.. Calvert was so fair in hi
l. statements and seemed to have S
; thorough a knowledge of the practlca
o mart of his work that he made man
o more friends among the producers.
l. George C. Greer, general attorne
e for the Magnolia Pipe Line Company
was present and stated that his con
pany was very anxious to see the O
u fairly prorated and that he would pa
/ one.half of the extra expense occi
G stoned by the employing of an assis
y ant.
: Mr.. Dunn stated that the commi.
siouer would go from here to Tulsa t
I holm float a big loan for the commo
tank farm at Cushing and suggeste
I that the Healdton field would appr'
4 ciate having the same work done here
4 Judge Henshaw said the deal
4 Gushing was already financed.
4 Mr.. Franklin suggested that the pip
z line make the full payment to the II
n spector and to deduct from each man
y oil his pro-rata part of the expense.
q Mr.. Greer said this arrangemer
3 would entail a vast amount of bool
3 keeping on the part of his compan
& and besides he could not do that wit
4 ont the written consent of the pr
n ducers.
! in. Dyer of the Mutual Benefit O
Company said his company would pa
z its part and suggested that paymen