The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1914-06-11

has preference over the runs of Okla
homa crude or oil from the Caddo field
to the refinery distance of about 200
miles. The total of the above figures
give the capacity of the above lines
at approximately 100000 barrels per
day which leaves a balance, estimated
at more than 100000 barrels, which
must be placed in storage either by
the pipe line companies or by the in
dependent producers, which is the con
dition existing today Many arguments
are presented or ideas advanced as
to the best possible means of relieving
the Iresent situation, one is the diVorc-
ing of the pipe lines and producing
branches, which would make il neces-
sary for the lines to become common
purchasers of crude oil. Should such
a measure be passed, it will work un-
told hardships on the producers and
all those dependent upon the oil in,
dustry for a livelihood. The companies
so affected would, no doubt be justified
in disseminating the purchasing of oil
until they had disposed of their enor-
nous stocks, estimated in Oklahoma at
approximately 5OOOO,OOO barrels, and
in California at or about 125,OOO,OOO
barrels, with the stocks of the various
Standard companies in the east not
taken into consideration. In other
words the Independent producers
would have to whistle for a market or
line while the pipe line companies
were disposing of their stocks. The
only solution or relief for the Mid
Continent sections is the construction
of additional topping plants or rein
cries to meet the increasing demand
of distillates for feeding purposes.
With the present price of oil, many
who formerly used oil as a fuel, dis
continued its use, due to the high
returning to the use of oil, being ad-
vised by the marketing companies that
il will be some time before the price
advances. There is proposed line
from Healdton to Tidewater, at Gal
weston, or some point on the Gulf of
Mexico. which, if constructed will have
capacity of 10000 to 10000 barrels
per day, with the trunk line of eight
inch the loops and gathering system OF
six inch. While the estimates have
been made and are at present in the
hands of those interested, a great deal
of consideration must be given pro-
ject of this nature, such as the initial
expenditure, price of oil at the fields,
cost of transportation, returns on the
Investment, cost of maintenance, and
last but not least, a market must be
forthcoming, which all takes time to
decide however conditions are fayora-
BILE at the present time. One point
which demands lengthy consideration,
is that no one knows how long iield
will maintain its banner production,
ana especially where the oil is being
produced from a shallow sand. y
greater confidence is placed in fields
where the oil is produced from deep
formation. the life of which is gener-
ally of some duration, while the shall
low sands may slump unexpectedly.
Another very important question is:
| win the Healdton field or pool be able
to supply the capacity of such line
two years hence? 1t may and again
it may not, no one can well afford to
venture an opinion on this subject.
There are many points in favor of this
line Should the Healdton pool be 'un-
able to supply the capacity, the line
could be easiy extended to Cushing
and the north at a very reasonable eE-
pondimre and would be assured of its
capacity from the large producing
firms both domestic and foreign who
have no outlet for their production,
| (Which amounts to millions OF barrels
per anuum). other than the lines of
the present operating companies, who,
at the same time have their own re-
fneries to supply and have very little
room for export business of oil. 1t is
the opinion of practical oil men that
Healdton may repeat the actions of
other fields of Oklahoma and Texas,
with deep and very prolific sand,
with the number of sands found down
to the present sand it would not be
surprising to see a large production
| from deep sand, somewhere between
/ $500 to 5000 feet, but such a venture
would be unwise at the present time
| with the lack of pipe line facilities.
/ With a large well in a deep sand on
top of the present production and
unsteady market, it would only com