Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1918-11-30

4 Duff. says there will never be an
over. production III Texas because "It
r expensive for operation and the
Held IS very spotted, making oper-
alton there very slow, The country
that Will produce oil will cover a
large area. The pools will be small
and prolific N places and for this
reason there will never be any over
production in Texas
"Of course one cannot tell what
new fields may be discovered in
other states, but Texas VIII never be
operated fast enough, as spotted az
II shows at present to affect the
market They said six months ago
that there would be by December
hundred thousand barrels Of pro-
duCtion. Today 1t SHOWS (Outside Of
BurkbuInett and Eiectrl) only an
actual production Of about 1900.
1t 80 happened that so many dry
holes were developed near good
pools that drilling was curtalled.
This condition will exist in the fu-
turc.'
MIR Roots Judgment is good as he
IS play ng the game with an uncom-
monty good streak of luck and is not
preJudlCed one way or another Thdt
Is 10 say, he is not Influenced in his
judgment by necessity and can there
fore look at the situation in an un-
biased fashion.
The question as to whether the
price Will be affected or not Is in
trresting from another point OF view,
rs all ref.ners n this field Will amply
verify. 1t is often stated that the
price Of oil is not regulated by sup
ply and demand, but that Is another
story and would consume too much
space for this paper beng so soon
after the big Thanksgiving feed.
Showing Good for Crosbic q Davis.
The Crusbic ~ Davis acreage be-
tween Ranger and Eastland Is look
ing much better these days. The
Westhelmcr well offsetting this acre
age is making 800 barrels and only
a few feet in the sand. CrOsbie az
DAVIS are drilling an offset on their
large holdings and will expect to get
the deep pay, although the first deep
test made by them had lot to do
with discouraging drilling in that di-
rection. They have four or five shall
low wells and now comes the West
heimer well which changes things
nightly. The following from the
Fort Worth Record gives line on
other drillings In that vicinity.
There are four wells around East
land today that are at critical stage
in their development and on which
there is much interest among the oil
men.
Possibly the most interest OF the
four is Centered on the No. | Par
rack well OF the States Oil COrpor-
alton, six miles north OF Eastland.
This well today is 3.4SO feet deep
with the S-l6-inCh casing set at
that depth. Owing to a shortage OF
fuel drilling was delayed for a few
days. but will again be resumed Fri
day morning. According to infor-
nation received from those who
have made a study OF the structure
on which this well IS being drilled.
it should make its first showing of
oil and gas at a depth OF $3.50 feet.
With luck the next few days the bit
should tell the tale.
"rhc other three wells are the No.
| Conneuee OF Benedum, Trees &
30. four miles south of Eastland ,
the No. 1 Holcomb OF Cosden 4 Co,
two mfles northeast OF town and the
No. / Brelsford of the Gulf Produc-
ton company. 1t is possible, with
success in drilling, for these three
wells to be developed 10 a depth
within the next two weeks so that
the story OF their success as pro-
ducers can be told"