The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-01-20

the report. Concerning the means
or obtaining the report, II said
Fortunately estimates Of our OH
resc rvcs can be made with far
greater completeness and accuracy
than ever before. During the last
eight years large. part Of the ter
ritOry Inv the United Stntcs. geolo-
gists, and wildcatting has spread
through prospective into many re-
gions Of possible and locally even
into regions ~ lmpossIblp' torrl-
tory Old fields have been definite
" outlined and new ones discover d.
qnd finally Improvement In methods
and special training In the calculn-
tlun OF oil reserves, and OF the do
plctlon ~ oil properties have bosu
developed to meet the requirements
pt the tax laws"
Accordingly, in order that tho
public may get the fullest bcnorit
nt THIS newly available information.
Inc United States Geological Sur.
voy In March 1921. Invited tho
American association or Petroleum
teologistH 20 cooperate with II In
review Of the producing, probabl,
ana possible oil territory Of tho
hlted states, and In tho compilH-
uon or an estimate Of the petroleum
remaining I'm tho ground and recov-
cradle by present methods. This In
Nltalloh was promptly accepted By
tho assoc iation. which designed a
huinbcr Of itB nblest members of
wen known wide experience. qood
Judgment and high professional
standlns. 70 serve with the oil geo
loslHis or tho survey as membera Of
"a Joint committee.
The calculations OF the oil rescryes
IN tho proven and discovered fieIds
H'o reasonably reliable, ana rnosc
lpr regions regarded by the Ecoio-
slstH as embracing probable"
iuturo OIL fields, arc based on All the
available data, aud are enrtted Ia
high respect. but the comtntttoc
Wishes 1t most clearly undersrood
thht the estimates Of oil IN "possi .
hle territory are absolutely specu- o.
latlVe ana hazardous, ana taat al
though they represent the hes, tudg-
inent or tho gcologists they ncyerthc.
icHs may be, at least In part, wildly
erroneous. The questions Involved
are not only how much a particular r
doubtful region will yield, hut
whether II will furnish any on wnat .
ever, On the whole, tho estimate
nre undoubtedly the best that ever
have been made for the United states.
ana better than have hitherto been
prepared Tor any oil country or dis
trlct In the world.
serves of oplv A9Eonn am .,..
WyonIny ESs O0o oon. Iy',,..'.',.' 10 70
Tennessee nortbcrn Aiohn,'. ~
nortbonstern Ntississt,,,t -. 90 49,
barrels. Montana NnirasLL,oV LL,V'0,VO1 ',
south Dakota 100 ooo mo borrais
! Colorado, New Mexico and Arlzona
I 5O,OOO,O0O barrels ponnRyivanla
diana nnd Michigon 70 0oo ooo,
Illinois 4l0 Ooo 400 harrets "''N
r.. -, V''
| N'W england states are re-
saIuc" as 700 uhp'omlslng 70 de'
sv,,e consIueratloh' MOST or TIC
-. 'netn peninsula OF Mlchlgan hnc
~ e."1o VI MlhHeso.n are placed AZ
M nnt same ,h,esory Tne snail duan
lirdlrate bo,u mn sn %nno p.n.r ,. ,e ssais'
ulats have Of Crdin. ox,crs,,,o ni
field in them soma 30 ,ho"o ,,ar,
doubtful rngjon. v,ii, giva no ott h,
Others vii, make ynod ,ho ,ostcton
clos. Tho ostInntes arn a,na,
distinctiveI,, consorvotiyo an -a,,,
mIttea .aid
Continuin1 ia .o,or, .at,. "a
lthe total estIratod al rosnr,... -
tho. United stotes amonn,,nS y,
round numbers IN q ooo ooo ooo ho
raIs 4 ooo mn ono harrt, -, A.
classified ~ oil an sIcb, ana oon
400 ooo hnrreis as ernsnantt,,
possihle Ratber ,,pro Ira. 400
oOO OOo horroIssshoria ha a..,o,,o,, .,
tho boav, o,t y,n,n ,rhosI ~ !,
bo ,ccoyo,.d natni,, A., ~, %, psi
coas, pocl,, ,,,a,,,,,aI 49,,
s,atcs rha contants 80 IT, ,,,5
reginn which ,,ieidstoii or S,is,i,,o
1.-Two tvne nre os,iwa,cd N, A, 600 40,
harrcis In sannrat ~ 's,YVo'yo, ~,
nnrogSin oiis 20 n,odo-ata - ~,
grndo ne rortr,s,ad ,,i,h tha hn,,,,
ier oils amonnt ,r ~, =" .,a,,
Z ooO ooo ma harreIs ,rh, cs..n,otc
reser,o. or btgh oraao o,iL 90 a.
Ann,lachia, sta,os 90 aha,, .oE
oon ono harrois :,
bnnphasiEihR the posslble futur
shor'age, the report continued Tn
cs.inih'eu reserves are enough I
sat's,y tne present requirements
ne uhi,'u eh.es tor ohlN 20 year
, the on coulu DC taken OUT or IN
, ,ou,u nH iast hs ~ wanted
Snoula these estimates tall even
; inuch as as 2'oou'Voo'ooo 'arre'
5 snort OF the actual recovery Inn
etror OF per cent would ne equiv
aleht 70 put TOUR years supply .
, relatNeiy snort extension OF ht'
; .ioweveI; the oominlttee eNpressl