Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1915-09-10

According to statistics of tn.
United States geological survey, thu
production of oil in the United
States last year broke all previou.
records, the increase in the mark.
eted product over 1913 being ovel
1900, 900 barrels.
The press bulletin Of the geologi.
cal survey issued July LIST, shows
that the production of petroleum in
this country last year aggregated
900, 1872, 535 barrels. Of this guam
tity 265, 762. 535 barrels were either
marketed or were utilized directly
in field development and "a $50, 600
barrels were placed in producers
field storage to meet future require
ments.
Along with this bulletin is SUBJ
mitted table showing in detail by
states and principal fields in the
distribution Of the marketed pro-
duction, included fuel oil con-
sumed in field operations in 1914.
TO which has been added, for pur-
poses Of comparison, the correspond
ing data for 1918. Producers
storage. particularly in Oklahama
and California, attained proportions
90 great and exercised 80 marked an
effect on the industry during the
year that the data on the subject
have been included as an index to
market fluctuations of the year.
The statistics, which differ as to
total shove. ground production by
less than l per cent from the esti-
mate made public by the survey on
January 1. are result of careful
compilation Of voluntary reports re-
ceived from more than ID, 900 pro-
ducing, Transporting and purchas-
ing companies engaged in handling
petroleum in the United States.
With reference to the marketed
production the final retprns show
an increase of II 1916, 3O5 barrels,
representing an increase OF nearly
z per cent over the corresponding
production in 1918.
The average price per barrel re-
ceived fer this was 80. 800 in 1914
a. compared with $0.954 in 1913
and the total value of the marketed
oil was $214, 125, 2l5, showing a loss
Of 423. coo, 173 in value compared
with the previous year.
No important changes were made
in the rank Of oil producing states
in 1914, though the enormous out.
put Of the prolific Cushing pool in
Oklahoma made that state strong
contender for first place, which was
however retained by California by
a fair margin Of 10, 600. 900 barrels.
Wyoming showed the greatest rela-
tive increase in oil production dur
ing the year, exceeding its record
output in 1918 by nearly 48 per cent.
though failing thereby to gain rank
above that attained in 1918, namely
ninth. The greatest relative decline
took place in West Virginia, which
recorded a decrease of Is cent below
the output of 1918.
According to this table the Caddo
field showed a decrease of over g.
600, 900 barrels in output in 1914,
but this loss was offset for the North
Louisiana fields by increases in the
DeSoto and Red River fields, aggre-
eating more than 1000, 600 barrels.
For the State Of Louisiana the total
increase for 1914 over 1913 lie nearly
1000. 900. barrels. The losses were
in the Caddo. Jennings. WEIGH and
Vinton fields. but these were over
come by the increase in the Anse Ia
Butte, Edgerly. De Soto and Red
River fields, the last three being en-
tirely new fields in 1914.
1t is certain that, owing to de-
velopments in the Red River field
this year, the production in North
Louisiana will show q material in
crease over the 1914 production. -
Shreveport Times.