The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-07-17

perspective OF the oNt~tiug stu
a'ion iu the midcouun,nt npld
brings out many surprising facts
concerning the present shutdown.
An examination of the list of drilling
operations Iu the various oklahoma
t'Ids shows that the smaller COM
pahios. who for the past fow years
have been very active In all " the
pools ~ tho state and who have
made name for themsclvrs IN tho
way uf square dealing aud energetic
lahur for the good Of the industry
az large, are now shut down with
practically all OF their operations.
ana, although they are strong ON the
map with good producing properties
ana lots OF acreage, they have been
tcrCei to eliminate all now work ON
account Of general business reasons.
unul such time as the situa ion i'm
proves and the production OF oil
asalu becomes q money making
proposition Of course, at Duncan.
whore the field WAS cut into very
small tracts bought up 10y the in
dependents, they have been very
active on account OF drilling obucl-
tlotIS and offsets, but a general C,u-
sus Of these smaller reliable CON
Germs whom we are all familiar
company 10 he practically inactive.
These companies, who have fc't the
depression for the past two months.
certainly cannot hc blamed for the
hig increase registered last week. "a
OklRhnmH's production, neither can
they he blamed for tho hig amount
Of new production In the week just
ended
Then, glance over any " the
past few weeks completion reviews.
including the following, ob;it"rtt,s
the impression which may hare "N-
listed that the independents were tho
rank Niolators in the shutdown
movement; in fact, II makes II
obvious that the situation IL almost
the reverse No company which is
not receiving financial backing fSm
some gold mine, ca uaffnrd 30 irill
| wells, except for protection. n 81
oil, because IL is both unproiithhl"
and entirely AGAINST public scru-
| ment. Anyway. the few exceptions
among the Independents who have
continued drilling cannot carry
enough weight to be the reason FOR
| a continual increase in the produc-
| tion figures when the mdtori.y OF
| the producers in tn" field are in
active. The whole propositi'n has
resolved itself down TO where any
| concern bringing in well. which
! is not an offset pr nm Absolutely
\ necessary operation. and menPcint
! the oil market. should 30 for-rl [,
/ give a sati.fac'ory "Np.aration "a
| regards their attitude toward the
| good the rest Of the industry.
Two More Gushcr- M Burbank.
| The Carter OIL company took or
! the honors In the burbank pol las
week by shooting thcir No. vol
and increasing the production iron
| 400 barrels per day naturll 20 ! aO'
| barrels per day aftn" Iho shot. TINS
| operation Is located in the South"es
| corner of the northwest or southwos
| of southeast of 1856 and sand wa
found from . 900 to 2.979 :cct. tn
new producer is located on the Car
| ters' famous lease In the eOuthe1s
| OF s. on which the company shot NJ
old nroduccr. being its NJ. 2, i've
weeks ago and increased III" lro
duction to 2,2O0 barrels per day
A shot of 14O quarts was used II
the No. 4 we'll which is one of IN
biggest shots yet placed in any o
the Burbank wells.
The No. 4 well Of the Nationa
! Exploration company. located IN IN
center of the south line Of the south
west Of 4-26-6, which was complet
I'd some weeks ago, is good for SO'
barrels natural In the regular Bur
bank sand, was squihhed with l.
quarts and the production increased
to 500 barrels per day. The BIZ
production found in this well make
the National Exploration company
lease look exceptionally well 20
good wells at every location. Th
same concern Is putting mp a rig 70
its No. / well. locaed in tn cen
ter of the north line of the north
west Of the southwest of the sam
section.