The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-09-18

Special 10 The World.
OkMIIGEI3, sept. f7.--Thc No.
. well Of the Lyons Petroleum com
mny located IN the northwest cor.
nor ~ the northeast OF the south
west Of 25-1t-tt was drilled two
feet In the sand topped nj 1870 feet
today and started cut making an
estimated inltinl production of 500
barrels pcr day. IL iHiH all the in
dirBttOns Of niniiug ~ big ~ we'll ~
No = n will mcaD the %cxtcnsion OF
this new pool u quarter mile to the
west.
The past week has been an usual.
~ eventual one In the way Of Wild
Cat and scmi-wIidcat OPERATIONS,
but the majority OF old pools have
reported very little new develop
mcnt. Recent wildcat strikes have
seemed TO bring some OF the more
conservative companies back to ac-
tivity, and a number OF new wells
are being started.
II is certainly a premature stage
In the game to be planning any de-
vclopmcnt campaigns, and all OF the
purchasing companies are issuing
warnings to he operators that the
ovcr-produCtion situation f. still
WY hfhNFt anu lnhi the small Nt~
Cllnes In production will have TO he
materially larger before the cqulllb-
rum between production and con-
sumption is rcgalned. Everyone
should realize that the recovery of
the oil industry must follow after a
recovery In other Industries, and
that nothing can he accomplished
until the general business Of this
country has returned to normal. Al
though Dunn &Bradstrcct's reports
Indicate that all Industries are show
Ing In n better light. any improve
mont must be gradual and II will be
some time before such improvement
VIII reflect upon the oil business.
The only relief accn at present, r.
to keep the oil In the ground until
such a time as the bis ComDanies
begin drawing upon their large sup
ply OF storage. Whenever this be-
comes the case, It win be indicated
by "a riso in price. so no ono need
fear that they will be left behind
and not know the right time TO start
The driii going again. The more
complete the prevailing shutdown
be made, the sooner the price will
he advanced to such "A figure where
the production OF oil viii again be-
come profitable.
Lyons Pool the Center Of Interest.
Two weeks old, with "a total pro-
duction of approximately $500 bar
rels from three producers Is the
wonderful record set by the Lyons
pool, which In located three mllcs
southeast of the Dcaner pool In the
Henryetta district. This locality,
formerly considered only good for
gas. is probably one of the most ac-
tive new oil producing districts al
/ tha nERgRnf tlp1n in tho gtnta and
the pipe lines out OF the vicinity are
ncing taxed 10 care for tho pro
duCtion.
The No. 1 well of the PapoosC
OH company tho original producer
In this pool located In the north.
west corner OF tho southeast OF
25-11-ll, which was formerly a
20 ,000, 000-foot gasser and drilled
itself into oil about a month ago. Is
now producing about $50 barrels o.
oil per day at four feet in the sand
topped at 2,555 feet. Standard tool
arc being rugged up over this opera
ton, and it Will DO put on down Int
the pay at once. "
The No. 2 Barnett OF the Lyon
and Indiahoma oil companies 10
Gated in the northeast corner OF tn
southwest of section 20 rs now re
ported to be making about 100
barrels per day In the pay fount
from 2,663 to 2,569 feet. This op
GRAFTON, offsctting the original wei
of the pool to the test, was the sec
ond operation in the locality to b.
put down to tho deep sand, ant
proved the existence OF n big poo
OF oil. 1t was formerly n big ga
well In the shallow sand fount
about $500 feet.
The No. 1 well of the Oklahom.
Central oil company located In thu
southeast corner OF the northwo5
OF section rs is now reported to J.,
making about 40 barrels al hour "A
a total depth Of "a feet in the pa,
topped at 2.553 feet. This operl
tion, a diagonal northwest offset L
the original producer. was formerl!
a $4,000. 0O0-toot gasser In tn
~2,3OO-foot sand and was drilled oil
down,
SO far there has not been enough
development in this locality to de
termine in which direction tn
4...l 90 .rn1,rtlpn ,pIIl tuLa