The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-11-15
I'm THE OIL FIELDS
Office. e24l VIII PECK Residence 2442

They were not shut off as recent /
drilling operations have proven and
Mr.. Mason's holdings In the Usage
where he is operating with Waite |
Phillips, are about as productive
or ut least regular, as anything IN
that big county. II took nerve tpI
hold on and In thee meantime all
OF the above have been asQuiring
definite and useful knowledge OF
the oil game, which has been Nus
tratcd by Mr.. MaSon's record as tho
MANAGER OF tho white OIL corpora
ton when that concern came into
the field little over a year ago.
Fred Misner, who has one of the
greatest as well as newest proper
ties in the BSgGs, district, offered
TO trade a half interest in his good
so acres for half interest IN an
other a mile or two distant, seeking
thus to scatter his bets. lie was
turned down when he made the oil
for because, as the other follow
stated, 1--WE could not afford TO
trade MS our stuff Is all on geologi-
cal structure while yours Is not IL
turned out that Mr., Misncr Is ge'
ting thousand barrel wells ON ms
lease while the other fellow on the
| big structure Is getting dry hoIeS
! only.
MIR. nrIsner plays geology at that'
| hut like any other wise man makes
geology subordinate to his own
Judgment. lie uses his own Judg-
| ment first and lets the geologis'
find the reason therefor and thus
avoids a lot of hard work. lie m
| sists that the structur is along tnc
creek, IL his judgment thus dic-
tates, and h IS up to the geolog'H'
to find II. In other WORDS, II ~
like n man who hires doctor VINO
viii prescribe remedy that IL III
accordance with his own khowleuse
| OF his own physiognofGy
| And when one Is away from nome
these stories multiply because th'
i subject is one of unfailing lntereSI
Il and never Is stale because there j.
4 someone who has recently acquire
A big fortune and a man VINO Su'
do this Is always intcrestlng' IL nd'
never been worth while either nnuV
any circumstances to bruS IN, IN,
: the story the failure that III Dhsc"o. Dhsl
, parliance would be called Il pohy'
because when once the uIS'aN,
that have been made are hcH" W
/ there is no end to the story ~
have all done It and will doupties,
|, 40 II again, but in playing the o'
game. the man who keeps eNet'as
. inglv at it and Is square with ~
! caiInu, men Il bound to be successiu
D IN the long run. ,.,o,
3 Men are getting wiser and knoN
e moro OF formations and know pSl
.. fer now than to follow bhndly IN
lend of some great corporauol
, This lesson was learned durihs III
recent boom in North Texas, wher
M least one hundred million dolIar
was thrown 20 the birds. IL wa
| here that because one oiS corpora
J | lion ma,ie a vast drilling contra'
at great eHI~nse in good haiu cur
-, that others followed. 1t Will new
. happen again under any cireuh
, stances. 49,. ,a
And another great lesson that hu
u been learned IS that the less Bo'
eminent Interference and the ~.
=, government control there 49, ~
better It is for all concerned
would seem this less on has pe'
d. learned, but maybe not, oecau'
r here are some who say that no
!. that the National Petroleum lhs'
y mte is about to hold its meeting
Warrington, 1t Is only inviting ii'ol
- and greater activity on the par
{, federal agencies. BE that "S II i''''
: time ownly will tell.