The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-01-31
TEXAS LEADER IN
OIL PRODUCTION
Took Lead Over Califor-
MIA in December; Okla
homa Is Third
GREATEST IN HISTORY
Totals for 1921 Show Product
More Than 700 Millions
of U. S. Fields Valued at

WASHINGTON, Jan. 30-Texas
again assumed the lead as an oil
producing state in December with
an output of 10.1iS,0OO barrels. the
geological survey today announced.
Tho Texas lead over California was
narrow. the California production
being 1O,092,0O0 barrels. okla
h1ma, although It gained over No
ycmber figures. dropped to third
place. The Oklahoma production
was 0,7i5,000 barrels The Texas
gain was accounted for entirely in
the central and northern Texas
fields, where the output for De-
Ccmber was 7.47S,000 barrels, COM
pared with 5,90s,00O barrels In No
vember. Texas coastal field produc-
tion dropped from 2,S13,OOO in No
vomher TO 2,635,000 in December.
Kansas, Arkansas, Illinois, Penn
sylyania, Indiana and Tennessee
showed production lost in Decem-
Der as compared with November.
Louisiana, Wyoming, Kentucky,
West Virginia, ohio. Montana and
New York showed gains. The geo
logical survey today also gave out
n summary of petroleum production
for the year 1921.
Greatest Production.
Production of petroleum in the
United States In 1921, as indicated
by the quantity transported from
producing properties compiled from
company reports. amounted to 469.-
$3.50 barrels. representing an es-
timated value at the wells of S7S3,-
100000. These figures will be in
creased somewhat by the quantity
Of petroleum consumed for fuel on
the leases and by the net change in
hnI
ties at the beginning and end OF
the year, when results OF n canvass
OF the many thousand producers
become available. This is the
greatest quantity ever produced in
the United States in any one eyar
and represents an increase OF 60
$4,000 barrels over the production
OF 1920 and is more than double the
quantity produced in the United
States in 1912.
Worlds production figures for
1921 are not yet known, but prelim-
mary estimates indicate total not far
from 100000, 900 barrels. az COM
pared with 695, 100000 barrels pro-
duced in 1920.
Imports OF crude oil into the
United States during 1921 amounted
20 l25,307, 900 barrels. as compared
with 106,175,000 barrels in 1920
and with 52S22,000 barrels in 1919.
these figures corresponding respec-
lively to 81. % and IA per cent OF
the domestic production of the past
three years. Exports OF crude oil
during 1921 amounted to $4,000
barrels and during 1920 TO $4,000
barrels.
Estimated consumption of deliver
les to consumers OF domestic and
imported crude oil during 1921
amounted TO b25,4G7,000 barrels as
contrasted with 530,474,000 barrels
in 1920 Consumption for the year
just ended amounted to b5,76s.0OO
barrels moro than the country pro-
duced Stocks OF crude oil Increased
60,b09 600 barrels during the year as
follOwsi Net pipeline and tank
farm stocks east OF California AZ
O. 10000 barrels; gross pipeline and
tank farm and prSoSd96cceers stocxs So,l IN
stocks Of Mexican petroleum held
in the United States by importers,
609S, 600 barrels. On December
81, 1921, stocks OF crude oil. exclu-
sive OF lease storage and OF stocks
of refineries, amounted to 1880
600 barrels, equivalent 10 1873 days
supply at the current rate OF con-
sumption. On the last day OF 1920
similar stock amounted TO l23.291,-
600 barrels, equivalent to so days
supply.
Paid Record Prices.
The year opend with record prices
--SG.10 per barrel at the wells for
Pennsylvania grade and $3.50 per
barrel for Oklahoma Kansas grade
which held for several months in
spite OF rapidly increasing stocks.
shortly after the beginning Of the
year, however, prices began to fall,
and within a few months Pennsyl
In EnA
barrel and oklahoma Kansas grade
70 81 a barrel. These low prices
held until the rate OF rapidly in
creaslng stocks eased off somewhat
IN september and October, and tho
year closed with Pennsylvania at
-, and Oklahoma-Kansas grade at
~ barrel
Low prices were reflected In a
marked curtallment OF field activ-
ity and 15,012 producing oil wells
are reported to have been COM
pleted during 1921. as contrasted
with 24222 in 1920. In spite Of
nus, however, a number OF impor-
tant new pools were opened up.
among which were Haynesvilie,
La Eldorado, Ark" Burbank, okla,
ana Pierce Junction and Mexia,
IeNas. Extensive new develop
ments were also made in Elk hills
and az Huntington beach, Cal.
california cut down the production
OF That state, which, nevertheless,
produced record output of approx
mately 1l4,000,000 barrels Okla
homa also established a new record
OF almost 1i4QO0.O00 barrels. The
relative standing of the two states
cannot be established until the final
IRures are received. Texas also pro-
durod more than 100, 900, 900 barrels
~ December and as result of de-
vglopments at Mexla, stood fret
among the producing states The
new year began with production i'm
Ports and stocks the greatest on rec
Ig9, ana with consumption not much
oe'ow it's peak. but yet insufficient
stocks.