The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-03-09
KNOW LINGO Of
/. OIL GAME? HERE'S
BIG PART Of It
Few Know Talk Of Field Yet
Many Are Interested in
Terms Professionals Use to
Explain Propositions.
81 M. b. cAMPREIl-

The oil game has reached such enor-
NOUS, proportions that there are few
who are not interested in it in one way
. or another, Many more are prevented
from taking an intellectsal interest
not necessarily TO the extent Of pur-
CHASING stock-through ignorance of the
lingo of the game. While il would be
impossible to give a complete list of
terms used IN the business, a number
OF me most common ones are:
OIL Well-A well producing crude oil,
4 or petroleum.
Gas Well--A wen producing natural
gas. also called a "gasser.'
Dry, Well-A well drilled in or near
an OH field that fails TO produce oil
or gas, also called "dustsrh
salt Water Well-A Well in which salt
water rs encountered, usually Just be-
low the oil-besring sand. A worthless
proposition.
oil Sand--The porous formation in
winch oil is encountered. There are
generally several stratas Of oil sand in
a field, each having a different name.
zap Rock-Rock everything oil-besring
Pay-oil in oil bearing sands, a term
used to differentiate between oil sand
anu oil-bearing sands.
, Derrick-Framework built over loca-
tion to carry cable for drill and give
sufficient drop" to the drill. The
STANDARD derrick is about IS feet high.
Rlg-Enttrs oil well drilling appa-
ratus.
''Gusher well from which fluid
CUISINES when oil sand is encountered
Many 'gushecs' are caused by the
pressure of gas and presence of oil.
They are almost invariably short lived
and soon blow out.
Royalty-Per cent of oil which goes
TO owner Of property or lease, in ad-
dttion TO price paid in cash or other
consideration. Find out what royalties
are held before buying in an oil COM
pany, is the advice given by oil pro-
ducers.
Shooting a Well'-Use of nitro
Slycerin in loosening sand in an oil
well usually from 20 to 100 quarts are
used in q. shot"
Production-Territory in which oil is
being produced.
Producer-Well producing oil.
Initial, or Flush Observation-Disclosures
ton first few hours after well is
drilled in,
Drilling In-sinking drill through cap
ROCK into oil-bearing sand.
Settled Production - Production of
well alter head" has been pumped off.
Head-First oil pumped off after we'll
is completed
Test Well-Usually first well drilled
IN territory to test the geological for
nation thereof.
Wildcat Well-Wen drilled outside Of
production.
NEUTRALITY-SUSPICIOUS. who goes out
side proven territory to search for oil.
ness.
Flowing Well-Well that has enough
force behind oil to bring IL to surface
but not enough to make it rush from
the earth.
Pump Well-weu from which fluid is
pumped.
Pumping on Beam-Beam Of rig used
as pump instead of usual power,
Put on Pump-To connect well with
power.
Power-oiI pumps used for drawing
oil from earth. .
Baler-Long bucket, usually 30 feet
in length, used in drawing oil from
earth: Also used in cleaning well be-
fore it is completed.
Life of Well--A most uncertain thing,
There Is no way to tell this, as ever
the most favorable looking we'll may
fail overnight, In territory where there
is intense production wells are usually
Very short-lived.
Producer-Practical oil man who is
IN the field endeaVoring to get the most
oil out at least cost. (See promoter, )
Promoter-Stock salesman who fire.
quently es endeavoring to get the most
money out Of the Spectator with the
least work N the field. (See producer. J
Oil Pool-Defined field known to con
h Oil Field-Territory embraced in
geological survey which shows oil
should exist there.
There are many other terms of more
technical nature used by the oil pro-
Queer. In addition to those used bv
the field men the biologists have a
language all their own.