Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1915-02-07
JANUARY OIL REPORT
SHOWS BIG DECREASE
lhcr" We're 93I Wells Completed last
MONTH. Which Was Considerably
LESS Than December

The Oil city Derrick, Copyrighted
Edldon OF Monday, February I,
Sums UP the Oil Situationo
| The features OS tGc field work for
January ~ the oil regions east az She
! Rockies compared with the December
| figures, We're a further loss In wells
completed: "a small decrease iN new
I production, and u moderate decline in
new work under way at the close Of
the month. In January 93l wells
were completed, credited with an
| initial production of l4S, ,535 barrels.
! The figures show 82I fewer compile.
tions. and Il decline in new production
al S.6G3 barrels, compared with Dee
cember. In January 1914, Il year ago,
there Were 2,24y wells completed or
1.3iS more than shown by the present
report But most of the wells were
In the old fields. and the new pro-
duction was only 56.7Sl barrels, or
!i.1o4 barrels less than now. Gushing
had not then become prominent for
its guShev wells.
There was an increase IN completed
wells Ot 20 in the Pennsylvania grade
ueidso and The same number In the
Central West gas belt. All other
divisions showed Il decrease: the great
eat number being 81 in Kansas and
oklahoma and Al IN Lima and Inc
diana. The decline OF competitions In
other fields, was only small. New
production was greater In the Pennsyl-
vania pools, Kansas, Texas Panhandle
North Louisiana and Gulf Coast than
In December. The initial output of
oklahoma wells showed Il decrease Of
9,12l barrels SS fewer gusher wells
We're completed IN January. Illinois
fell off SS3 barrels from their DeCem-
ber figures. Kentucky had only one
barrel Of new production, as three OF
its four competitions were dry Some
good producers towards The close Of
the months caused an increase of 1850
barrels Ia the initial production Of the
.Gull fields.
Pcnns!iIania's Big Slump
III the ltst Of Compietions were f95
dry holes and 1873 gas wells. The
Pennsylvania division reported more
failures than any other, the total bee
ing 20 or about 25 per cent Of othe
total. oklahoma had 55 failures or
less than 20 peg cent of the wells com.
pletcds Compared with the number
OF new wells Indiana showed the
greatest loss with over 60 per cent in
the dry column. Illinois had 30 per
cent Ol failures. as did the Texas Pane
handle. One-half the gas wells are
credited 10 the Ohio gas belto and
most oG them aye In ule Cleveland
district
Reducing the Sist Of competitions by
suhtTdcting the failures and gassers,
leaves S43 productive oil wells as the
result of eanuary's works The average
~
barrels, WhicD exceeded that Of Dee
cember Of 2l2 barrels, aad the highest
Go'ord t"r last year, The steady de.
crease Ia productive wells each month
for the last nine months. illustrates
the falling Off in field operations. In
May the number was 1919. June L.
Si1s July iV4G4, August 1856, Sep
'omber $50, October 1886, November
5Ss December 6SS, January SAB.
~ the close of January the new
work under way amounted 20 I.S74l
Tigs and drilling wells, a decrease Of
- from DCccmbers figure. In the
Pennsylvania fields Nenango and But
Ter were the only districts to show an
increase Of new work. West Virginia
and southeastern Ohio have 40 fewer
rigs and wells than the last Of Decem-
Der. Lima has an increase OF four
and Kentucky of three. Inc gas belt
of Ohio shows a decline Of 40 in new
work, md Illinois Of five. The Mid.
Continent drops off 22 from its De
cember figures while all the Texas
and Louisiana fields show more work
the net gain being q.
in tho divisions east of the Mlssis.
sippi $50 wells were completed during
January. loss of !S from the DeCem-
ner figures. Tho new production was
y, 81" barrels a decline of 677 barrels
Twenty-onc more dry holes and ten
more gas wells were reported. At the
close OF The molth new work showed
decline of IS. Nothing of special
Interest developed I'm these during the
month. Fair wells I'm the Weir de-
'clOpmcnt helped 10 maintain the out
put there. No wells were completed
at CABIN creek, which is at present
the most attractive locality In West
Virginia. The numerous wildcats Ia
Illinois and Indiana proved TO be fail
ures.
Gushing Declines.
There was no extension to U,e Cush- ]
Ing field in January. Several large
wells were completed within defined
limits, but their production failed. TO /
check the decline which has ap- |
parently set In According to all re- |
ports the effort to increase the output /
or the old wells or Gushing by shoot 7
ing, Is not a success. No new pools
were found by the wildcat operators
during the month. The Corporation
commission made announcement that
Il wopld rescind all orders regulating
drilling, hut later reconsidered It's &C /
tion. Producers. however. are paying j
little attention TO the orders and drill /
ing is practically unrestricted. 1
A new well at Strawn In the Texas !
Panhandle, promises to open a new |
pool II Is a small producer at pres |
ent. and the adjoining acreage Is un /
der lease TO one company. There was .
nothing else OF interest in the Pan /
handle section.
North Louisiana had only ordinary /
operations during the month. A num- I
Der Of good producers were found In 4
rhe old districts. and new work Is ex- !
tending out into untested territory.
Gulf Coast Increases.
Gulf Coasts increase in new produc-
ton is due TO two new wells in the
Humble field. which started at 5000
and 5000 barrels respectively. These
added no new territory. The other /