, 1922-01-19

war horse like C.. b. Richardson, a
banker of Cheyenne, and high-up Of
ficial in the Consolidated Royalty Co.
Il other oil concerns makes
Estimates, that's different. Mr..
Richardson in a recent interview
estimates that the capacity of the
completed wells in Wyoming is not
less than $4,000 bbls. a day and
speaking Of the value of this product
after being refined y
ut is roughly estimated that the
potential value of Wyoming's known
oil fields after the crude oil has been
manufactured into refined products,
Is more than $500, OOO, 900, A
large portion of this vast sum will
be created and produced from this
industry in the next decade and 1t is
safe to say that at least 30 per cent
of it will be distributed among our
citizens and paid to the state and
federal government in royalties and
taxes, adding many thousands to our
population and enormous taxable
wealth to virtually every county in
the state"
Contractor A. C. Jennings and
Richard Reece drove over from Riv-
'erton last week where they have
been drilling for several months. Mr..
Jennings left for Texas last Sunday
where he may accept the superin-
tendency OF a large development
company.
No. 3 of" the Wyo-Ill on 11-26-
80 has It's we'll full of oil at 144O
feet while trying to straight ream a
hard she'll concretion sticking out on
one side of the hole just far enough
to cause a crooked hole unless re-
Moved. With this corrected no fur
Their delay is anticipated about
drilling into the pay sands.
While snow has been drifting more
or less every day since it fell. nearly
evory truck operating out or Rawlins
has been in constant service. Some
OF the northeast-southwest roads are
hard to negotiate at times but no
serious delays have occurred so far
and the January thaw is about due.
The Wyanna is planning on bring
ing its No. l we'll on 25-26-S8 one
week from text Saturday according
to last information from that camp.
A telegram was recently received
by a Laramie citizen from Chas. Lane.
general freight agent for the Union
Pacific system saying that there was
nothing definite about the pipe line,
Int he thinks 1t will go through, and
" 80 via both Laramie and Cheyenne.
This Is in reference to the proposed
gas line from Mahoney Dome to Dem
yer. The Republican is in possession
Of some better news than the above
and 10 almost busting to give 1t out,
bat don't dare to do sc just yet.
Attorney N. R. Greenfield and
Mrs. Greenfield are leaving for CAL
ifornia Saturday. Mr.. Greenfield is
making this trip in anticipation Of
being able to close a deal with CAL
ifornia parties on acreage located in
the Mahoney Dome section which. II
successful will mean early develop
ment by a new and substantial con-
Germ.
: Work has been resumed on the
well being drilled by the Ed Good
Syndicate on NEA 1858. This is
one of several new standard rigs
erected by Mr.. Good during the past
Few weeks. The location is Just a
half mile south Of the Ohio No. . gas
Eusher on 36-26-ss and conceded as
sure for either gas or oil.
The Mahoney Dome Syndicate we'll
on 6-25-s7 is tied up for the present
ON recount of having q three mile
water line which 1t IL afraid to use
during present weather conditions.
Work 10 planned to begin with the
arrival OF the usual January thaw"
and 40 only about 100 feet is thought
to - necessary, an early completion
u the we'll 10 anticipated.
Completion Of its second we'll in
the Maverick 6pfinSs field, Fremont
county. Wyoming. II reported by the
Maverick Drilling company. The new
producer IL rated at 500 barrels Z
day and 10 located on the northsas,
quarter Of section ~ in the proven
district. Drilling was started on
June Is last and the oil sand wa,
Denatrated at 1,476 feet.
The Utah OIL & Refining. Company
are % drill on the NwH 's-sS-S7 Il
econ - Il - possible to get IN out
III cato enc Erouna. TNe first 50.
fec 81! Tie 1B-fnch hole was com
Mood hate last fall with 0 star ma
etins which Il to b replaced with
Standard rig ana equipment.
The Singer Securities company
watch eonerols the Alliance Oil AND
ReeninE cOmpany at Thermopolis
WIN - adA0d 10 the operators In til,
PLAT Bntfn ffnfA. Alan In FrOfnon,