The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1915-07-26

The tulrd step consists ~ surveying
The nreu uud running evnot levels up
nu H. Men with surveying iustru
meutq, known ns aIlladrs. gp in to
the region md often -Icnd scycrnI
week. IN tracing wI the various FOR
mntlOhs ana plotting them ON field
maps THIS work ls done slowly aud
carefully and the surveyor may often
sHcud several day. Uu "a single square
, mile.
The fourrh -top consists NJ prcpnr
ing the map The surveyor goes into
the office and transfers lo "A tracing
Nh" results NJ his field work. showing
the Uutrrups ana elevations ~ the
various lodges ~ rocks on the area
examined the object being to a.
tempt t0 IUoato NJ nearly as possible
the eynCt axis or high point W tho
Hntirllnc
The lusl step consists In locating the
well and not until all this pprlimlu
AIRY work has been done II any money
spent In drilling After the map has
been prepared the head gpologi-l will
go over II carefully with the manager
u the company and they, togcther
will select the most favorable sit at
which to drill the first well. Usually
this will be very near to the high
point. or axis Of the anticliuo
The experience IN the MID Contlu
cnt field has been that by drilling az
the high point one will be- most Ike
lily to encounter gas. II gas is found
In the first vol on the axis. the next
one will be drilling down the slope
Of the nnticline, several hundred feet
away from the axis. with the hope
Of finding oil. IN some cases ~ !.
necessary 10 drill three ur even four
wells before oil Is Gnally encountered
The question Is frequently asked
What percent ~ wells sp located are
successful There are no very acru
rate data IN the matter. and Tor that
reason the question cannot be answer
ed absolutely. The best estimates
available, however. would indicate
TINT the wells lO'ptrd by ]gpologsts
AZ the result II careful reconnaissance
and alidnde work, about sixty five per
cent fluid oil or gus. Not all NJ these.
however, find these products In pay
lHg quantities, because there are Ger
tain things which neither the geolu
gtst nor any other living man ran tell
from the surface. 80 one cnn tell
absolutely that reservoir sands can
able Of carrying oil will be found
In drilling, nor can any une toll K
these Ands. II present, have been gn
rlched by oil and gaS. All that the
geologist can do II to attempt 10 steer
the oil man away from the lmprob
able or impossible places, aud give
him a fair chance for getting back the
money he spends. In other words.
there always a risk to be taken In
drilling, and the work ~ the geolo
gist Is 10 minimize this risk.
The facts that | have been attempt
Ing to discuss may be stated ln this
way. by the old method OF wildcat.
ting an average OF more than slOOOOO
was spent before oil was encountered.
and the drlller had only n five per
cent chance Of his first well. by the
new method, the driler has a sixty
five percent chance VI getting oil In
the first well.
A considerable part OF the work OF
a geologist consists Of scattering
grief, in telling people that there Is
nothing IN their propositions. | am
convinced that more than hnlf Of the
people that come 10 my office asking
Tor Information, do not really want
Information, but confirmation. They
anxious that | shall U. X. some par
ucular proposition that they have In
mind and this proposition, as a usual
thing, has In II one OF the elements
N success. A good part u my time Is
taken ny In the endeayor 70 persuade
people that money Invested In this or
That mining property, or oil well, will
almost certainly be Lost My advice
10 these people Is the same as
Artemus Wards famous advice 10
those about ~ get married Don't"
The oil business Is a business as
separate and distinct from n other
business as Is merchandising. real
estate or the profession Of law or
medicine. Men who follow II intel
llgently usually make money. Men who
~ into II hllndly almost always lose
especially those who buy stock sold bv
persuasive agents, reinforced with
red'llns p~rospectuses and scare head
full page advertisements.
No one knows how much OIL there
Is IN oklahoma. The state has already
produced more than 5OOOOO.OOO barrels
OF oil. aud more than 100000 barrels
Is now being taken from the ground
each day. Glen Pool alone. has Yield.
barrels a day. HeAldton pool has oil
Fur the past year the Cushing field
has produced from 10000 10 sOOOOl
barrels q day ealdton pooll has oil
sands 200 feet thick with wcfs Yield.
Ing more than 10000 barrels Der day
There Is still an immense amount of
territory yet untouched in Oklahoma
Other Glens, Cushiugs and Uealdtons
remain undiscovered. The man who
gets into the oil game, using AZ much
business Judgment az he would IN
conducting an ordinary business ven.
ture stands a good chane 10 make
money. Those who continue TO NAV
u "hunch or 10 buy stock I'm blue
sky companies that promise every.
thing will continue 20 lose
DEANS JEWELRY KNOWN
FOR ITS HIGH CHARACTER
The beauty aud high character ot
our goods, so generally known. IL all
the more apparent this year and with
the convenient arrangement Of the dis
play. this makes an ideal store for IA.