Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1916-04-09
An Increase in Completions and Total
Production Was Noted During March

that state more interest than in many
years. Good wells have been opened
in these pools. and the promise of
others being found has caused an ac-
tive wildcat campaign which is
stretching across tie state TO Ne
braska. In March 77 more wells
were completed thar IN the previous
month and the new production was
1855 barrels greater. The activity Of
the operators is shown in an increase
of "a in new work at the close of the
month.
Production Decreases.
oklahoma co npleted 734 wells dur
ing March. an increase of 146, and the
new production amounted to 43,597
barrels. a decrease of 1905 barrels
from the February report. While
more wells were completed there
were fewer large producers to swell
the amount obtained. The discovery
of the Bartlesville sand to the south
qualities of the wells, promise i'm
portant developments in that locality.
II is generally expected that connec-
ton will be found from the discovery
we'll to the old Gushing pool. Stone
Bluff. BoyntOn and Kay county were
also interesting localities during the
month. Healdton was more active
than in the past, and in the amount
OF new production obtained was the
leading district. In new work Okla
homa was somewhat disappointing, as
the number Of rigs reported for the
close of the month was 10 less than
on February 20. while the wells
drilling showed an increase of 14s.
the net gain in new work being rs.
Arkansas Coming.
Three wells were completed in Ar
kansas. of which two were gas wells
and one n failure. The discovery of
has in this state has lead to the belief
that oil will be found nearby, and
there are now 2S rigs and drilling
wells at work.
Active wildcat work IN the Texas
Panhandle was productive Of more
dry holes than paying wells during
March. OF the 90 wells completed 13
were dry and six were gas wells. The
new production was increased 595
barrels. During the month gas field
was discovered south of Mineral Wells
which promises to be extensive, and
alsc several showirgs in wildcat VEN
lures were reported, which may lead
to new pools. The work in the old
fields was more active. but not i'm
portant. There was a slight decrease
In new work at the end of the month
Louisiana offered no important de-
velcpments during the month, except
the opening Of gas field near Elm
wood. Good wells were found in the
old pools. so that while only eight
more wells were completed the new
production showed an increase of
300 barrels. Work at the end of the
north showed 4 decrease Of IS. One
of the interesting features of the oil
industry of the state is the widening
of the scope Of wildcat work This
Is now stretching out into new terri |
tory. distant from the old fields. end
Is important in tie possibility OF
opening new poolc.
Record market prices and gusher
wells in the old fields are causing
more active wock in the Gulf coast |
territory than ever before. Humble !
and Edgerly lead in the old pools. The |
former is especially active, and during |
March so wells were completed there |
with an initial production of 1855 !
barrels. Also II drilling wells and 46
rigs are reported for this pool, which !
Is the largest number in its history.
During March Ill wells were com
oleted in the Gulf coast territory,
with a new production of S1.964 bar
rels. an increase of seven and 1927
barrels respectively. Thirty of the |
were failures, this being
eight less than the previous month.
At the close Of March there were 80
more rigs reported and nine fewer
drilling. making net increase in new
work of 21. As in all other states,
wildcat work figures extensively, and
It is scattered over a wide area Of
territory. Deeper drilling will also be
4 feature in all operations of Texas
In the future, as II was the discovery
Of deep sand at Humble that de-
veloped the gushers there.
The market for crude petroleum
made several important advances
Turing the month, which affected all
fields. Pennsylvania prices for the
higher grades advanced 20 cents
barrel, in two changes. central west
)ils were given an advance of Is
,ents, Kansas Oklahoma. north Texas
md Caddo oils, with the exception of
heavy crude ana Hoaldton. were ad-
'anoed % cents barrel during the
month, as was Plymouth, Ill Wooster
md Canada were marked up 10 cents
/ barrel. and Illinois and Princeton
advanced 10 cents.-Oil City Derrick.