The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-20

~ OF great interest HH tho "Oil
mem quoted Hro of national rep
ui1tion. Thore ls one great draw
hack, however, ana that is I'm go-
ing over the prospective fields.
tho most dangerous OF them all is
overlooked entirely. This IN tho
Held that was uncovered bv the
eminent gcologlst. Mr.. Tatum at
okcmNh. Tho field IL three
months old, has 20 drilling wells.
with four completed wells. ona OF
which tho Prairie wcll is making
800 barrels ns It stands.
pONCA CITY. Juno 1a.-Although
there are n few danger spots on
tho horizon, speaking OF several dis
tricts whcro big pools may be an
ucipated. oil mon generally feel that
tho general condition Of tho Indus
try IL good nj tho present time ana
mat there Is no outlook whatever
right now for any flush production
mat VIII endSnFor The market nnd
have any tendency 10 lower the
price. In fact. m Increase In price
Is anticipated instead. and several
important reasons are given FOR this
optimistic view.
The big pools in oklahoma. with
tho exception Of tho burbank or
western Usage, are now on the do
cline. and II is necessary To take
INTO consideration some new pool OF
considerable importance for okla
homa 10 hold her peak production
Of anywhere from t2O. 900 10 d95. 600
barrels daily. The state has main
tnined her present peak because Of
abnormal conditions that have cx-
'sted for tho past five or six months
IN that tho initial production OF new
wells In new pools has boon out of
production when compared with tho
bringing In OF other pools. outside
OF Gushing. This flush production
has held up tho total. Geology Is
given the credit for the new pool
| wells being such wonderful pro-
ducers.
Because OF conditions that exis,
In each OF tho pools. II is estimated
mat the Bllss-Tonkawn pool will
never go over 10000 barrels DAN,
this wear and that 100. 600 will he Tho
maximum in the Burbank. with 90.
600 tho more prnbab bile figure. The
new sand In the Hewitt pool is bound
10 bring about n complete drilling
over or that area. which naturally
NAV Increase production for n time
The Rristow district IL due 10 ge,
n number OF big wells. but if past
| 'NI'i i'HNf Win 1nN 1tnffnpr rnnI
IL any criterion these flush wells
will fall off rapidly and the orca
VIII he spotted. Furthermore. say,
one oil man, production IL bound by
such steps I'm the Rristow dlstrict
that no rapid development Of an,
particular area will he highly pro
lltlc--by the time new wells arC
completed tho flush production o
the others will have fallen.
While the Amerada pool in Cartel
county II getting some very mic,
wells, yet at the present time II look
IKE II VIII not mako sufficier
amount Of oil 10 effect tho mark et
There are two reasons. First tn,
main production comes from lime n
about 100 feet md the accumula
tion In this lime is due 10 very com
nleN structural conditions, so whii
there may he number Of goo,
wells, the field f. not likely 10 h
consistent; second. practically al
the acreage on this structure
owned by tho one company, IN
/, Amerada, and therefore there vii
not bo an intensive development
In progress and tho flush productio
! VIII not he large
/, Decline nv Next Year.
> By this time next year n will h
; almost impossible Cor oklahoma (
/, he anywhere near her present o
production, according 10 this sam
oil authority and he adds that 9Th
!, statement Is not hascd on guess
He maintains that the initial bi
: production today In the now pools
, due I'm great part 10 geology, becaus
the initial we'll In each wildcat po,
: has been located and tho drilling
: now pools has followed gcologici
: advice.
Oklahoma has been combcd ov,
thoroughly by the biologists Of 40
30 different companies. and eac
time II has been comhcd' ccrtai
structures have hecn missed. Th
pools. where the initial productio
y IL prolific today, are on structur,
q that have been known 10 sewers
4 companies for several years, h,
n acreage conditions were such tn,
A drilling has hcen deferred until co,
: siderable sized blocks could be ol
tained The most of these structure
have been considered inslgnifirar
In compnrlson with Cushing, HeOlC
ton and others. and II has been on
after n great deal Of experience
drilling on structures that geologls
have been able 10 realize the In
= nortance Of the smaller or thoi
o deemed insignificant. Following n
II drilling up Of the most importa,
= ones. however. the smaller are con
~ ing into their own. but there are n
l. many even Of the smaller ones 10
e that have not been tested
No Increase on Gulf Coast.
In sizing m the general oil sltui
l. tion, the Gult coast must he give
o proper consideration. While Il Is pr
= ducing very large wells and IS prof
able 10 n few companies, yet the
has never been any great mon
4, made by the four or five compani
10 operating there. II takes lari
II outlay Of capital 10 properly outll
and locate tho dome before produ
tlon IL found. and while new ~
o. domes (where the oil II foundl n
[. being discovered they are not Q
pected to give any Considerab
n amount NJ production Mt any ol
n time, and while n great deal deep
>r drilling Is also contemplated, al
a.