The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1922-09-13
SO. OKLA. OPERATORS
RECEIVE COMPLIMENTS

That the operators of southern Okla.
homa are cooperating in more eff
fective manner than are the producers
OF any other district in the Mid-Conti-
nent field, Is the statement contained in
the latest report issued by the shut
down and storage committee OF he Mid.
Continent Oil and Gas association.
I'm no district in Oklahoma have we
received any better cooperation than
in the south fields, including Healdton
and Hewitt" states the report. I'm
this district the operators are both
shutting down and storing OIL"
Big SOrage Expected
The report predicts that cumulative
results from the shutdown and storage
movement should soon be felt and
bears the information that O drop in
production of 1000 barrels q day in
the Mid-Continent field in the week
| ending September has occurred and
that it Is expected that within two
weeks $4,000 to 10000 barrels daily
VIII be going into Independent storage
Slow, But Sure
THE producer and others observing
the situation In the field must remem.
Der that the MidContnent is the larg.
est oil producing region in the world
and has in excess of O.OOO wells in op.
eration," the report advises "It is
| therefore, impossible for any shut down
| movement 10 bring about a i>dical re-
suit overnight. 1t takesc time but If
| the cooperation continues the cur
! tailment will have a cumulative effect
! derived from the refusal TO start new
development work. The failure to start
wells during the past 80 days will not
be felt before the latter part Of October
or November.
The committee urges continued and
additional storing of crude and points
out that tanks are available at this time
at reasonble prices and on easy terms.
ITO those who are impatient for
n pronounced effect from the shut.
down movement and who have been
inclined TO criticize because more
definite results have not already been
obtained, the committee would point
out that the new production coming
in up TO the present time has resulted
from wells started before the shut.
down movement was instituted, and
that this committee has never relied
so much upon an immediate re
duction OF flow caused by shutting
down drilling wells as IL has upon
/ the curtailment of now development
work. Had the producers not resolved
to dispense with new wells and TO cut
out new locations, the production would
probably now be considerably more than
1t is and We. would have gone into the
duh season Of winter with a flush pro.
duction that would not only have ex.
ceeded marketing facilities but would
have resulted in n disastrous condition
involving serious economic waste"
Attention is called TO the declining
conditions In Mexico, which leave the
Mid-Continent field as the one great
source Of the industry's raw material.
| Continued Shutdown
Large stocks of crude are on hand
and We are entering the duh season OF
winter when some refincrics may shut
down. thus decreasing the demand for
crude temporarily. but now Is the psy.
Geological moment for the producer TO
demonstrate his intelligence by making
possible quick and rapid recovery in
the crude oil situation. by remaining
shut down during the fall and winter
he can so reduce the amount OF pro.
duction In the one large remaining pro.
ducing field to where the marketing and
transportation facilities viii be ade.
quate TO handle the supply and instead
Of congestion. Generalization and dis.
content. we will have prosperity. sta.
bility and normaIcy in this important
industry and the cXhaustible supply OF
n valuable. natural raw material will
be thereby conserved until the consum.
ing public can use II aud the facilities
Of the industry can handle 1t. II this
desirable result II not brought about no
one will be to blame but the Mld.Con.
tinent producer himself"