The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-10-03
on nntErt uuat.,,ons
Usage FOrOofs Shufdown
BristOW Also IL Actire

Reports from tho various fields
Indicate that loonuFo ~ the uryml.
umH being offered for high grade
oil In the Burbank ana other fields.
tho shutdown has been practically
futguttun In the OonEo There oou-
tluupr to Dee u great deal OF activity
nlso IN the Bristuw area. but In 9th
or oklahoma distrirta the producers
have drawn I'm their horns In n most
gratifying manner Kansas appears
wIll to be wildcatting ~ hard ag
ever Judging from the new pools
that have been opened there recent.
lFt The old Ranger breckenridge
territory In north central ToNaH also
BE- Vois quio
lu tho Oanro thorc were 40 nov
wells started l1rt week, as against
about fifteen ln the pre- eding week,
ana an average Of only about ten ia
the other weeks since the shutdown
was inauguratod IN the middle OF
August Storage facilities OF the
skclly n Phillips interests In the
Burbank have become practically
exhausted, and II appears that at
least temporarily they will have 10
turn their oil into tho pipelines.
These two companies. along with
practically every other operator In
Burbank. have been rushing work
on line wells 10 tho limit. or the
new wells being started In the Usage
Il In estimated that not more than
10 per cont arc necessary because
Of offsets or other leBso require
mcnts II has been. ana continues
To be, u battle royal In tho burbank
tu get the jump on nclghboring
lenso- owuctH-.or. for that matter.
on companies that may purchase ad-
j. -
New Rigs NJ Bristow.
Eighteen now rigs were reported
In the Bristuw- -Okmulgoo area. Pro-
ducors IN this district M u rnlc ap-
pear 20 bcl holding down aa much NJ
possible. Both tho Roland OH com
pany and the If. 4. Wilcox on n
Gas company have hocn completing
only tho wells that they had started
before tho shutdown movement
was inuuEurHtcd, and have been do
ing some valuable work In prevail
ing upon tholr nclghhors tu slow
down. There are no wells In this
territory shut down on top OF the
sand.
There are no new locations In the
Okcmnh territory. Not only are
there no new locations In tho l.yons-
Dcuncr vicinity, but three rigs In
15-l1-il have been temporarily
abandoned. II being reported that
these wells viii not ba started he
fore next spring.
In the Hewitt territory there are
thirty TO thirty twin wells and
old wells drilling deeper. There also
are 10 wells shut down, Tho large
producers ~ this field seem to be
doing everything In their power to
la "A al
tive. Practically no wildCatting IL
being done.
There appears 10 be no lot-up In
wildcat operations In the Kansas
fields, However, not so many In
side locations are being drilled as
formerly.
Breckenridge and other fields In
that vicinity show very little activ-
ity. a number OF rigs have been
erected around the Humphreys
acreage at kosse. but the Hum
phrey- people arc Ynrting only two
necessary offsets To tho original
Jones wen Tho knssc woh heads
up ana flows now and then at u tre-
mCndous ratio for an hour or so The
oil apparently Is there In large
quantities, but the Eas pressure Is
not sufficient to make IL flow con-
stantly. An effort IN being made TO
flow IL by means of compressed air.
Up To- the end ot last week the well
had produced "a total Of somothinG
Hike AO.0OO barrels,
Bocausc ot the great depth and
the apparent crratic underground
conditions In the kosso territory, II
Caunot be regarded AS anything hk,
az great a prescut menace to IN,
price situation ms are tho Hurhauh
and Hristow areas, to say nothing
OF the Tunl,awa territory In okla
homu, As regards Toukawa how
over. II is interesting to note that
mono of the major purchasing com.
panies is obtaining drop ot oi
trom that rold It all is being goh
hlud up aa fast as produced 10y in
dependent rcuncrs at premium
ranging from 40 cents to Sl.2h ,
barrel
Too Much Production.
lnpuostiouahly there is too mucl
on heng produced at presvutH an,
there is e lot moro oil iu sight thar
the market viii bee uhlo tu Absorb
this winter. The big companies ar,
glad to run tho ,Ncoss ot production
10 storage ut the prevailing Low
price. Ina fact they would rather
run it To storage than let the Wdr
pendent r,lnyr hANo it n. thcrc
fore, ls necessary fur the indvpcnd
Cul 10 pay premium sufficient {,
tcmpt the producer tu break hu
connection with the bi ppohn,
companies.
when producer hears of th,
premiums that are being paid M
naturally thinks that there ls
shortage .n production and that hl
must Immediately Yut busy. This
3D. ID