The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1920-07-24
BIGGER FUTURE seen
FOR MEKlC PETROL
Drilling Insreass Must Be
..s.. Accompanied y. ]; Added e !. b:
1<,&T f ABILITIES ~. - J.
BY Ralph II Turner

From, the opera ting point of view,
American and British oil companies
In Mexico are building today for the
future More and more are they be-
ginning to view the business of. Mex
lean Oh as q proposition which Is go
ing far TO, pay dividends for a great
many years. s.. . ~ y
sSvs This tendency is plainly. evident
despite the fact that a settlement of
judicial questions with the Mexican
government is still pending. = 81.
lit is. evident from the projected,
construction of new refineries. term
inals and storage facilities; It is re-
dected, In, the new, era Of welfare
|worA--the building, OF \ club houses,
residences and school for the COM
pan1es' employees and their families;
it gains, further support by !, the
amount !, Of, new development +; work
which is going forward In the fields.
For instance, reliable information
received by the United Press, shows
that on June Is there were IL 593new.
wells in the making either drilling
had been started or the: wells were
rugged up preparatory to drilling:
A large number of these wells were
wildcats wells being drilled in
improved territory. :, Altogether, they,
| testified, to-, q great deal of new activ--
ity.s y: w -, ~ -,.,S< :.
AS. drilling increases, it must be
accompanied by enlarged, facilities
for handling the oil. .,,.....4 49,, +
: The two principal; companies rep
Irac nvsif Oh TIT - "a
one. Petroleum, company: and Ell
Aguila,, have concluded a tank con-.
struction program which will proc
vide storage. capacity for about sever
million barrels OF OIL. The. Corona
company already has begun work In
| the building of ninety, IS. O00-bar-
rel steel taHks. The Continental
Mexican Oil company, representing
American caDital, has let contracts
for twelve 55,00O-barrel tanks. =.
las a place to make ones home,
Tampico is no garden spot. SO If the
foreign oil companies are to retain
the services of their American en-
ployees,, they must make life as at
tractive as possible.
The Transcontinental. Company, q
subsidiary Of Standard Oil, soon will
begin construction Of a modern club
house, with, tennis courts. library,
dance hall and all the other requi-.
sites Of q weM-appointed club. Other
companies have, planned similar &C
tion, while the, Corona: company, a
British concern, is to construct a
complete. community at, q. cost Of
several million, dollars The pro-
gram includes q new refinery, an Of
fee building, clubhouse, school build
ing, merchandising stores and homes
for the employees, Almost all Of the
companies are. erecting residences
and several have let contracts for
new office, buildings. ,}-f~'r
And while tTampico is enjoying
building, boom, the > oil production
fields continue bringing in the
wells" In the past month two of
the biggest producers in, Mexico have
been drilled: Both are estimated at
100, 000sr barrels daily, one, of the
gushers .spouting stream of black,
liquid wealth high into the air above
the top of the derrick. - ~. r..
With the: Mexican soil hurting its
riches to. the surface, the prospector
spurs himself,Ito greater Efforts Up
in the northwestern corner. of the
republic. hundreds Of miles from
Tampico, party of biologists is ex-
ploring the state of Sonora These
"rock hounds as, they are known,
in the petroleum vernacmlar, repre-
sent e. W.. MARYLAND, Of Ponca City,
Okla, who has obtained. a concession
to search for oil in eight million acres
|of national lands. Nearer to Tampico,
in the country between Monterey and
Victoria, oil scouts declare, they have
found evidences Of the, coveted
wealth. Z This, field geologists say.
will not produce the big .,gushers Of
the southern districts, but will yield
oil Of a, lighter and more. valuable
quality. %<{ VI H. -.
Oil, in Mexico, isabeing treated as
ia lifelong proposition.
JUST G PULLED UP s.Ilv TIME
# D.. J ri