The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1917-09-26

sent the appearance Of the top Of a g.
gantc pepper box,
Status Of California and Oklahoma.
During the twelve-year period the
petroleum production amounted 10 IS
percent Of the total quantity produced
in this country or over 10000 0OO bar
rels more oil than was produced during
the last six years exceeded the quantity
produced during the six preceding years
BY nearly 600 600 900 barrels. and OF the
total quantity produced during this six
year period. California and Oklahoma
combined produced over 40 600 600 bar
rcls in excess OF all the other oil pro-
ducing states Of the Union, Both OF
these states have reached the maximum
in annual output and are steadily de-
clining
CALIFORNIA; proven oil area Is pitt
fully small The Standard Oil company
of California monthly bulletin gave the
estimated proven oil area Of California
a, the end Of 1918 Is 1910 acres, or
l2J08 square miles; 81 ,Bs acres In
1914, AZ $50 asrc, in 1915, and $50
acres st the end OF 1916, and this limited
area has been under development over
forty-one years. Statistics OF produc-
ton and consumption a. published In
the Standard Oil company Of California
monthly bulletin indicate 4 consumptive
demand in excess OF the quantity pro-
duced during the two last fiscal years
ending June 70 1917, OF q S9002J bar
rel, During the year 1916 storage oil
was drawn on to the extent OF Is ITO &l
barrels. with drafts during the iirr six
months OF the current year Of ooO0)l
barrels, a total during the eighteen
months Of l97J0,8o2 barrels. The Ear
between production and consumption Is
constantly widening, During the shor,
month Of June the shortage reached
900 sos barrels, a daily average short
age OF 50 $50 barrels. equivalent to the
highest daily average production OF tn,
United States to the year l87q-twcnty'
one ycars-and dearly 10000 barrels Z
day more than West Virginia ever pro
duced in daily average production.
While Oklahoma has been the world
market price maker for petroleum dur
ing the past thirteen years, California
has outstripped II in total production
by over $4,000 0O0 barrels. Oklahoma
total yield aggregating 7OS, JO, $50 bar
} rels. a. against $50 019 $50 barrels TO
, California. The contract does not en'
here. To produce this quantity Of OF
Oklahoma completed S90S3 new well,
as against 70s6 new wells completed II
California. During the years 1914 l9l
1 and 1916 more wells were completed u
Oklahoma during each Of these year
, than the total number completed in Cal
, ifornia during the last thirteen year,
4 And further. while the production q
4 each state is about equal, Oklahoma oh
= tains lis product from fully 40 900 we'll
as against less than 5000 ,producin
wells in California. During the tbirtes
\ years and six months ending Jihe )
1917. Oklahoma is credited with havin
completed 81 ,as0 new wells. Allowin
the usual average OF five acres to IN
well, represents development Of W9
400 acres. or over three and half time
in excess OF CALIFORNIA; total estimate
proven oil area at the end OF 1916 4,
timating the average proven acreag
held by the average oil company opera,
ing in Oklahoma, this development In
dica,es that 1884 oil companies drille
their last location at the end OF Jun
1917.
| Petroleum Export Trade.
/ A mistaken idea prevails tina, the il
creased export trade in petroleuu an