Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1916-10-02
Price Advance Talk Is
Again Heard in Mid
Continent Field.
NEW POOL PROBABLE
Completion of Big Refinery
Was Feature Event of
the Month.

tn" completion of a big refinery
/ consolidation. the opening Of "A ne;v
7 deep nad pool at Iugans. the advance
i'm price ot eastern oil and the COM
+ p.euon of another gigantic well AT
Augusta, Kun, furnished the scnsi-
tonS ct the past week in the mid con
. tncnt field Tn" undine Of l0O-har-
rel oi. NJ the deep ana rorth of tho
iir'ldton field boy the Mc-Man OH
'ompany also attracted much inter
cst to the soutN part of the state
Eastern oil Advance.
The advance If 10 cents barrel in
/ the various grades of Pennsylvania
nd West Virginia oils aroused con-
siderable talk here of tn advance in
the market II was pointed out that
i'm the 'i,ids advanced he daily output
II o., Is su small. the possibility OF IN
'rcnsin- the supply Is negligible. that
un advance theI" NaS hardly Wa"-
ntcd ON the assumption that NOR
+ oil was needed Il is further noticed
that Okl'homa led during the cut
i'm the market ard h,rc the total cut
was Go cent. On the barrel while in
PENNSYLVANIA the market was only
-lashcd 30 cents ANA advanced first
1t locks reasouah' to suppose that
+ # the big companies were short of oil
/ that the logical place to set an in
/ creased supply Was In the mid -conti-
/ ucnt ficId and the way to get it was
/ 10 adv'uce the price ont here.
/ AUGUSTA IA Mystery.
on the other hand il might be said
/ th1t the production Of the Augusta
Held is still much mystery, and the
/ chances are not in favor of the Prair'.
J. marking up the price until the actual
/ production NJ Augusta can he aScer-
, u!nod. This condition. however, is
/ approaching rapidly with many Of the
+ larter companies running their pro-
! duotion into storage and the Prairie
/ pipe line increasing its runs. This was
noticeable last week when a number
/ Of wells shut down on top Of these
and We're drilled in. one of these, the
| Empires well on the Scully farm. off
setting tho big Mc-Man we'll. started
| IF at lz.u0o barrels nay.
/ blackwell Gets One.
! 1t Blackwell another well was
| 'rlllcd partly into the sara. it being
| the spencer ell CoWpany; No. on
/ tho Beaver farm in 32-29-1E At IL
( .'ct in the sand and with the tools
/ I'm the hole hIS well Is making about
/ ',Uuu.UUo feet OF gas and about 100
barrels Of oil Several other wells at
/ blackwell arc on top of the sand and
should prove interesting this week
Real Find.
/ The ro'l Gnl of the week was tia.
/ Di the T0't0ul OIL company in 33-l9-
! "u,-' O. S!Hu ul!-I," l''o i"o let'
/ .'>'3 '',l ~ Ill9 h'ns dnIul foV par
! VS. ''N H'"'' ana VIII ne drlIIe'
.i"\ M'.H' ,...,.,
are 'i' ''iI'.''' va 'oIAPAhy nds
w. '' 's,i, one On 'ne Ions .S5
,"',I IN I1-2 Whlch al ''2po rec.
,'"tn lN' l'Hur'' ana thc olher ia
49,, ,or - ,hn - ,9n ' Inv se'," 80
\ Sine I,,,',, ,,..iti,,, - H.,
". ~. t,, E,.tt,,' ~ ii,,
CAS- ,,u,,.a,,,. no. g,ir inot't,.l Iii
, ,Ctc, s5n+ T., ~ . ian s.ot - ;n
5t-IS-, rnu, rrn1,'cir'- sa,,d "a" rnr
,h.i 5is,,ic, '''A
me-, ,o,c
\ IVY 'i"''
'Ne Cusnlhg held was devoid ol
,"t'''Si duVlhE the Week win only "
. ~" "'eL"NS I'm P4' IONS ''ut on tho
eute II ~ 10 the l'ertnonl ol COM,
hulA uhiSh'u up Dry hole at apout
"'SoU ieet,
1'.Nn oI 'nC Gsnihg liela the MON
"or lcSl III 10 attra'te1 hluch a,
''Ht.on' %e'uHs % Ieet OF h'rtlesNllie
%" a, - "' ~ N"uH ioi 'poul 10;
/ uHv'UVu t'Vt OF S'S' 'n me S,IeuE. III
oi ,nls Sl"WIns 'ne irar'e ut'ldeu ~
ue'pcu 'a IiN n"Is ~ -, W"'C'
WA. W'H stopped AZ S'Vlo rect "ithou' get
'l'It ailS S3nu. ,,..,
ia me Dlu'' p""iS 'I,I re was it',e oi
lV'' u"t OS' tNv'P' " b'Npf WnH'
N.N'.H h,'t "eiiS were lInlSned ainr anr
o"', 10y I""ut oV' T'llelS III the I't'.
P''i At I-roharu' poNu S'uth III ~
~ lh' huN'Ia lnu puiesPi' ihIS'
us hpNe m ih'ereslilS test shu,
I"Nn iot casing ON '"P OF Sahd ~
'''' ''e' ,
N"r'h Oh ''e"'"'oh.
Down near the Hcaldton field in the
much touted Fox district the Nc Man