davidaulloa/AmericanStories huggingface dataset:
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30

The Prairie company gets $50 bar
rels at 3,129 feet In l-10-0. Inde-
pendent q. Il q. Co. 720 barrels at
BOSS feet in 2-lO-g. the Foster com
pauy 40 barrels at 3,l05 feet In l2-
1913; thurman so barrels at 264O
feet In 24-l1-11; Lyons Petroleum
company so barrels at 1886 feet in
25-l1-ll: the Josey company gets
8 100000 gas at 2S05 feet in "a
1910: Kimberly gets 26,0O0,000 gas
Mt 2.326 feet in 29-l2-l5; Foster
company at 3.1S4 feet has 10000
OOO gas In 2-lO-9w; Skelly and 9TH
crs at 3,Ol5 feet on top OF sand has
500 feet oil in hole. Other important
activities filling up the log:
Turman oil company has 80 bar
rels on beam at 2,640 feet in the
northeast of the southeast OF the
southeast OF 24-11-11.
Lyons Petroleum company with
20-quart shot has so barrels at 2,635
feet In the center Of the west line of
the southwest OF the southeast of
2b-11-l1.
Eagle Picher has 125 barrels nat
ural at 2,43S feet in the northeast
| OF the northwest OF the southwest oil
tho northwest of 3-11-l2.
Josey OIL company mas s,UuU,Vuu
gas at 2.S05 feet in tho northwest OF
| the southwest OF the southwest OF
| 24-12-l0,
Black Petroleum company has
| 800 barrels natural at 2.39S feet in
| the southwest OF the southeast oil
the southwest OF 34-12-12.
McIntlre and others have 1900
600 gas at 717 feet In the northeast
| OF the northwest OF 2S-l2-1i.
Klmbley o. & Il. Co has $4,000
600 gas at 2.326 feet in the southwest
OF the northwest OF 29-l2-l5.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
Garter Gets an Oil Vel

The Carter has a 100-barrel daily
producer on its block of acreage.
east of Newkirk, an offset to the
No. on the Knight farm, In S.-2S-3e.
When the sand was penetrated the
well began flowing at the rate Of b
barrels an hour. The Carter has con-
siderable production In that locality.
sid Dellapaline, city police head
here. and associates have spudded in
their No. / In 1l-2J-iW, an extension
OF the Bliss-Tonkawa field This Is
on acreage secured, It is understood,
from the Marland oil company. The
spudding in holds the lease contract
and further drilling will await a
better crude oil price. This program
Is being followed frequently at the
present time throughout the north
ern oklahoma district.
The Western Usage branch OF the
rrick- Reid supply house is being
moved from Pawhuska TO Ponca
City. r. L. Robinson has been re-
turned here from Tulsa as manager
again for the oil Well Supply COM
pany, and the latter concern Is open
ing n branch plant at Tonkawa with
c. T.. Yeaman of Ponca City as man.
ager.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30

sell OF the state corporation COM
mission visited the former field re-
Gently, making a personal investiga-
tion with the intention of Tightening
the gas conservation regulations. Gas
men state. however that the trouble
with the Bliss-Tonkawa gas IL that
II does not contain sufficient B. T.
us for heating purposes
In the Watchorn locality the MIL
Ter brothers own ZOO acres OF gas
producing lands. and the output
there IL now around 150.000000
cubic feet daily. Approximately
five million cubic feet daily are going
To waste or the Wat horn town site.
This is an excellent gas, one OF the
best quality produced In the state.
Tho gas companies serving Paw
huska, Avant and Barnsdall all In
the Genital Usage, whore there has
always been n big gas production.
are asking the state corporation
commission for permission 70 In
crease their rates. The Pawhuskn
oil N Gas Co. supplies that city and
requests an increase OF i3 cents per
thousand for the Frst 100000 cubic
feet used. this would mean 4S cents
per thousand for the first 100 GOO
cubic feet S5 cents for the second
and 25 cents for the third.
The Usage Producers Gas COM
panv is asking for yate of 70 cents
for the first 100. 600 at Avant and
SIS cents for the second, and at
Barnsdall as cents for the first and
35 cents for the second. The Paw
huska oil g. Gas CO. maintains II lost
s1b36 operating last year under
present rates.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
Prices of Oil Country Goods
AdUdnce

steel price advances predicted as
result OF 20 per cent advance in
wages, have begun to materialize,
SO far they have been limited TO
line pipe and oil country goods.
amounting to about se a ton, for
both corporation and independents,
and to sheets. where advance has
heon by Independents. amounting TO
about SO ton. . on line pipe
new schedules are largely for guild
anC5 OF jotbeis dealing in small
tonnages. Price on large orders
will doubtless continue TO be deterS
mined by direct negotiation with
mills. Youngstown Sheet & Tube
CO. has advanced line pipe, o. D.
pipe and oil country goods So Il ton,
Independent steel pipe makers say
SO n ton advance IN line pipe and
oil country goods has become gem
eral throughout trade. with both
corporation and independents
Wall street Journal August 23.
PITTSBURGH-There are inquiries
out today for over $4,000 tons tank
plates for oil field storage. New
York Journal OF Commerce.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30

let the temper screw out at all when
he came on at midnight, because the
formation was 80 hard that practic-
ally no progress was being made.
He was sitting on some lumber about
twenty feet from the derrick trying
to keep cool when, along about
o'clock. he noticed that the beam
was peg Logging" he called 10 the
tool dresser. who was out around the
engine. to come on in. He was in
tending TO pull out and find out what
had happened.
As the driller reached the derrick
floor. he noticed disturbance, the
uncanniness OF which frightened
him. He said II sounded like an ap-
proaching cyclone. and no could not
tell whether II was coming from the
hole or somewhere else He reached
for the temper screw. and as he did
so the first gush OF oil hit him in
the face-and then Just kept on com
ing, n fun six-inch stream, until II
kept the crown block rafting.
The well has not been drilled any
deeper and the bit barely went
through the cap rock above the pro-
duclng formation. The well now is
reported to he putting 5000 to 1000
barrels a day into the tanks. but.
according to Crawford, will do
several times that amount when not
subjected TO the resistance that Is
encountered when flowing through
the numerous elbows that are on the
line between the well and the flow
tanks. AS an open flow proposition,
he says, the well is good for upward
of $4,000 barrels. and II could put
this amount Of oil into the tanks II It
had a little more gas TO help the
flow. lie expressed the opinion that
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
Operations iH the
Hcnryettd Field

HENRYETTA. Aug 29.-Reports
from the Heuryettn oil field Tor the
week ending Saturday, August %,
show an increase ot production over
the previous week by about 1000
barrels, In tho E1Rle-picher Lead
company pool, the E-P company
gets 225-barrcl new production, and
W, h, Pine secures 400 barrels, with
EuEwoOd company in producing
sautS IA two wells and both Pine
and Eogla-p Pitcher entering pay dirt
in other drilling. Tho total new oil
production for the week IL 2.ilS
barrels with gas running 10000
600. There are also "a rigs on tho
ground and building In the general
field: wells setting casing so
continuous drlllnEs, g cases OF un-
dcrrodmlug, 7 new locations and
II fishing parties reported. In the
new wildcat field seven miles SOUTH
east OF the city where Rodybush and
others reported IL feet I'm oil at 2,S06
toet on the keeth farm, and going
on down to the deep Wilcox sand, n
fishing party Is now at work az
3,4g5 feet, with oil rising In the hole
The Tldal OH company In sand from
.3,240 TO 3,255 feet, NV ST 2l-lO-9
ia having casing trouble with hole
nun OF oil and will shoot. The Black
Petroleum company in sand from
23l- to 2,39S feet have 400-bar'
rel natural, SW Sc SW 34-12-12
Just across the western city limits
and part OF the Eagle-picher pool
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
S. C.. Redd Has Good Well in
Upper Sand Northwest of
The Robertson Pooi

$. c. Redd No. /, located in the
southwest corner Of 1-1-jw, north
eastern stephens County, Okla, and
in wildcat territory. encountered
what looks like a as to 100 barrel
well I'm "a sand from $50 10 965 feet
with about five million feet OF gas.
The well was still drilling in pay
sand when drilling was suspended.
This locality II about eight miles due
west and three miles north of the
Bobbcrson field. This well carried
around ten million feet Of gas at
$50 feet.
Tho well was commenced early
last May prior To the depression,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30

FOR depreciation OF physical proper
~, such as machinery, tools, equip
ment. pipes, ETC., the amount de-
ductihle upon this account to be
such an amount. based upon It's
capitalized value tCosD equitahly
distributed over ils useful life. az
VIII bring II to IT'S true salvage value
when no longer useful for the pur-
pose for which such property was
acquired.
A. to both fee owner ana lessee,
the capital invested in physical
property, upon which the deprcCia-
tion deduction Is computed, should
be aggregated in the books ur aC-
count from that invested In the oil
or gas territory or I'm the lease or
lenses. with respect to which the
deduction FOR depletion or return Of
capital Il claimed. and credits for
depreciation may be made In the
same manner as hercinbefore pro-
yldcd for depletion.
Statement ItequirCd.
To each return made by an In
dividual or corporation owning, or
holding under lease, oil or gas
properties there should be attached
statement showing.
ta). The fair market value OF
the property or interest therein (eX-
elusive of machinery, equipment,
otc.) az of March 1, 1913, II ac-
qulrcd prior To that date, or tb) the
actual cost thereof II acquired on
or after that date;
2. How the fair market value as
OF March /. 1919, was ascertained
3. The estimated quantity OF oil
or gas In the sand at the time the
value or cost was determined,
4. Amount OF capital applicabl
to each unit;
g. The quantity OF oil or gas
produced during the year for which
! the return is made;
6. Any other data which would
be helpful In detcrming the reason
ablcucss OF the depletion deduction
-. II. BLAIR,
Commissioner of Internal
Revenue.
! Approved: August %, 1929.
A. W. MELLON.
Secretary OF the Treasury
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30

Oil Tank Builders SWdmp
PoncG City for Housing
SPACE

PoNSA CITY, Aug. 90 The COM
ing in OF workmen, many with fam
Niles, to build the "a 10000 barrel
steel storage tanks on the Marland
OIL company farm here, has
swnmped Ponca City for housing
space temporarily. These mon are
grabbing up every available house
until at the present time it Is i'm
possible TO get dwelling of any
kind In the city. Fifty additional
houses are now under construction
together with four apartment houses.
The tank construction program
now IN progress will cover several
months time. The principal reason
that housing is scarce is because so
per cent OF local citizens own their
own homes and this has made rental
houses hard to get. To help solve
the present shortage, Il. w. Marland
announces he will start construction
at once on his program to build 200
homes ON acre tracts, just north OF
tho city.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
TOnkdWd Production

Production in the Tonkawa field
Is now running close to ten thousand
barrels daily from Is wells on Au-
gust rs the field produced 1854
barrels from three producing sands,
as follows: 1,900-foot sand, three
wells produced asa barrels; 2,l0O-
foot sand, eight wells produced L.
404 barrels, 2,600-foot sand, IA
wells produced 2,9GS barrels.
Production on that date by leases
was as follows: Humphnes. NV
1O-24-1w. one well 457 barrels.
Champ!a!n, 50 SW i5-24-lw, one
well "a barrels; white Eagle, SO
SIC lO-24-lw, one well ESQ barrels;
southwestern, SW t024-lw, six
wells, 1901 barrels; Comnr, NV Is
24-lw, seven wells. ans barrels;
Comar. SE 3-24-1w, one well, 10
barrels; Comar NE 3-2i-iw, one
well, Gao barrels: Marland X Cos
den, MI 16~2i-1w, two wells, 400
barrels; Prairie, Ne SE 10-24-lw,
one we'll 320 barrels; Amorada,
MI l5-2i-lw, four wells, 23i bar
rCls.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
Produces Tpo Gallons
Gasoline to Each 1000 Cubic
Feet of Gas

PONCA CITY, Aug. 2s.-The
building OF additional caslnghead or
natural gas gasoline plants in the
western Usage. the past year and at
the present time, has been one OF
the great activities Of that section,
and with the completion OF the
fourth plant about November l by
the Sincairl Oil company. the total
amount OF gas put through these
plants daily will be 470O0,000 cubic
feet.
II Is estimated by casinghead gaso!
line experts that the western Usage
gas produces about two gallons of
gasoline to each 1,000 cubic feet of
natural gas. so this brings up the
output OF the western Usage plants
to O big figure. The total produc-
ton OF such gasoline in all Okla
homa, last year, was 1876. 600 gal
Ions.
The Sinclair OIL company Is the
fourth to put in such a plant In the
western Usage district. The Phillips
Petroleum company has what is
known az the biggest capacity plant
in the world between DeNoya and
Shidler, with total daily capacity
| OF 25,0O0,0OO cubic feet OF gas; the
/ Carter OIL company has a 10000
600 cubic-foot plant, and the Ro-
manti Gasoline company has a g.
| 600, ,O00-foot plant at DeNoya. This
company Is made up of the Marland,
Roxana and Tidal OIL companies.
The location Of the Sinclair plant
| is in 29-27-6e, Aunt plant. Prac-
tically all of the gas handled by the
various companies In the western
Osage is turned into the lines OF the
Kay County Gas company (Mariand)
Of this city and brought to Ponca
City for distribution 20 the towns
that company serves,
The Comar oil company (Mar-
iland) is now building a caslnghead
gasoline plant in the Bliss-Tonkawa
field. and It IL understood that the
Amerada Will also put in such q
lplant there. Marland now has spcf
plants at Ponca City and in the Mer'
vine field, 10 miles north, and Nc
lCaskey-Wentz have 6,OOO-gallor
loutput plant daily at Lake Supreme
100 miles northwest OF this city.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
.C0Sden Has Deep-Sdnd
Shouting at CRrrie

Cosden & co. No. 1 on the ]. V.
Bounds farm in the Currle pool OF
Texas has 1000 feet OF oil in the
hole at 3,el5 feet. This well offsets
to the north the Snowden 4 McSwee-
NY No. ! on the ID. ~. Blanchard,
which Is now producing 1900 barrels
a day from 2,954 to 2,966 feet. The
No. > Is doing around 1000 barrels
its production also coming from the
upporN sand.
The original showing in the deep
sand nt Currie was on the O :. Gar
rett farm of Snowden & McSwceney,
which Is to the north of the proper
lies mentioned. This well now is
being cemented unCer pressure pre-
.paratory 10 drilling in with standard
tools. The Brothers OH company OF
Tulsa also has a well with a showing
In the deep sand after having been
dry in the upper formation.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
DI:PII3TIONi



Article l1O. section and H. ut
the act OF september s. 1916, as
amended by the act OF October g.,
1871 authorizes:
"A reasonable allowance for
actual reduction IN Flow and prOduc-
tiou provided that when, the
allowance authorized s'' shall
equal the capital originally invested F.:
nr, iu case of purchase made prior
20 March I, 1928, the fair market
value as OF that date. no further
allowance shall he made
The essence OF this provision OF
law is that the owner or operator
% this character OF properties shall
secure through an aggregate OF an
nual depletion deductions, the re-
turn Of the amount OF capital actual
~ Invested, or an amount not In eX-
Ness OF the fair market value as OF
\ March !. 1898, of the properties
owned prior TO that date
=. For tho purpose of determlninr
the amount nf capital TO be returned
through annual deductions, opera
tors may be divided into two classes
(a) operators who own the fee, nn,
(b) operators who own a lease o
leases.
In the case OF tho operating 10
owner, the amount returnahl
through depletion deductions is IN
fair market value OF the propert
property) as of March /, 1918. II a'
properly as OF March l. 1918, II a'
Quired prior TO that date, or the a.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
Win the OH Men

James *. Crawford, presider. p,
the Brothers oil company and ngv WI
er or me tulsa baseball club. ds.
CITY N j., where he viii spers
few days.
George 4. Dye, vice president =,
the Wilcox oil & Gas Co, reti,r,ot
home yesterday from a weeks trln
over the southern part OF the s,af9
r. s. Gray OF the Prairie on &
Gas Co. with Mrs. Gray, returned
yesterday from 10 days trim 10
Colorado Springs.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
The Texas Company in Spain

MADRID-Compnnia Petrolifera
Hlspano- Americana has been inGpr-
poratcd at San Sebastian to distflb-
uto Texas company's products. 1t
has depots at Madrid. Barcelona,
Bilbao, Fcrral and Almeria, with
tanks at latter two ports for fuel
and Diesel oil. Later retlneries are
to be established street Jour
nal,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
Natural Gas Matters Up

Notwithstanding the bringing In
Of additional gas wells, during the
past week, I'm both the Bliss
Tonkawa and Watchorn districts,
the natural gas problem Is still IN
solved in the northern Oklahoma
LnrrLtnrN. Chairman CamnheM Rus
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
there Is an immense quantity n, =,
IN the now producing formatir0 y"
Pipe

YOUNGSTOWN 49, Current -,..
situation, following advanced ~, ~
on black and galvanized grad. a.
characterized by active inouiry a.,
fecting both buttweld and lapveE
sizes Makers are several month,
behind on buttweld obligation. On,
current inquiry calls for 100 miles q,
SIN; lo.in. and lain. sizes. v6Is
sand tons Of l2-in pipe. A nurohs,
OF large producers are auotipg nrt.L
on oil country goods and certsI
other forms OF pipe only in como
ton with a bona fide inquiry. IA
vanced prices are due To blgi1,
costs and had becn expected
street Journal va"
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
Ticker Done

NEW YORK. 49, Atlantic Refining
reduced tank wagon gasoline In
Pcnna and Delaware l cent a gallon,
new price being 23 cents.
NEW YORK. -- Texas Company
met / cont gallon reduction in
gasoline by Atlantic Refining.
NEW YORK, Aug. 2s.-Emplre
Gas X Fuel Co. of Maine, subsidiary
OF Cities Service has contracted to
purchase entire holdings of Planet
Pete company in northern Texas.
Planet Pete company properties
embrace n group OF leases aggre-
eating several hundred acres sit
uated in Electra field in northern
Texas. These leases have daily pro-
duction Of more than five thousand
barrels high grade crude oil.
Arrangements are being made to
store production from these leases
in line with announced storage
policies OF Empire companies.
Amount involved in transaction has
not been made public.
NEW YORK. Aug. 29.-Pure COM
pany declared regular dividends
1926 on las pfd., s1.5O on six
pfd., and $500 on 3 per cent pfd.,
all payable Oct, l, stock record Sept.
10.
Closing stock letter, Aug. 20:
The market broadcned out this
afternoon and became more active
in direct contrast to the moruing
session. There was no news to ac-
count for the change but the gen.
eral impression seemed to be that
some favorable news on the Goa
situation would he made public soon
Day 10 day movements are likely
to be erratic for the present will
continued actlvIty In special stocks
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
KOSse Well BleD In With
Noise Like Cyclone

When the big Humphreys wen at
X osse, Texas, blew itaClf in, It was
a surprise to everyone, as hope of
getting a well had practically been
abandoned. II came in about
o'clock In the morning. on the pre-
vious afternoon, the well had reach
ed a depth where the pay. II there
was 10 be any, had been expected
Officials OF the Humphreys organiza-
tion had been on the ground, but
when nothing appeared late in the
evening, they left the well and only
the drilling crew was LETT on the
Job.
The driller on the morning tour
was drillor years ago for James
X. Crawford, and he told Craw-
ford of the Incidents connected with
the completion. The driller had not
Missouri Kansas -Texus Railroad Company
hereby gives notice that on August II,
1879, IL filed with the Interstate Com
merce Commission at Washington, ID, C.,
It's application for authority TO acquire and
operate certain lines Of railroad taggre-
eating approximately l,SiO milesl and 9TH
er property OF the States of Missouri, kan
sas and Oklahoma owned or leased by Mis-
souri, Kansas n Texas Railway Company
or by The Wichita Falls * Northwestern
RAILWAY Company.
Dated, 81. Louis Mo. August 81. 1929,
NILSSON RI-kANSAS-TENAS
RAILROAD COMPANY,
BY c, Il. SCHAFF. President.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-30
INCOME TAX.

Dcpletion--Oil ana gas properties,
Section 3 and II OF Revenue Act OF
1916: article 40, regulations 80
(RcyisCd) amended.
TREASURY DEPARTMENT.,
office of Commissioner of Internal
Revenue, Washington, -. G.
TO COLLECTORS OF INTERNAL,
REVENUE AND OTHERS con-
CEKNED!
Article l7O OF Regulations 81 (Rc-
visodl Is hereby amended 90 read as
follows.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1922-07-07
La COnisi0n economical SuSpen-
di6 aver Sus SeSionespara con-
tinuarlas hoy a las 10 A. M.

Durante toda la tarde de aver es
tuvo reunida la Comisi6n Economica
de la Legislature con 'el proposito de
estudiar ell informe que dicho ORGANISING
ha de someter al Gobernador, respecto
a las condolences economics del pals.
A la reunion de aver asisti6 Ell TIE
sordrd senior IBenedicto, qriien, como
estaba anunciado, dio cuenta La Co
mission dsl estado del Tesoro de Puerto
Rico.
Ell sefor Iglesias, segIn Sc nos dice,
introduce nuevas enmiendas al informe
que Sc disCutia, en- el sentido de que
Sc pongan en- practica las leyes de bo
nos para la construction de carleteras,
escuslas, casas de empleados demas
obras pdblicas.
A las seis de La tarde Sc suspen
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1922-07-07
UNA CARTA

San Juan, P. R., julio 6 de 1922.
Sr. Director de Ell MUNDO,
San Juan, P. R. o.
EstimaG.o sefior amigo:
Ruegole de, cabida en- su 'muy leido
periodico las siguientes lineas, por
10 que lie anticipo las mas expresivas
gracias me reitero de usted atento
amigo y S. S.
Eugenio Jimenez CLAS.
En- ell periodico local LA Cores
pondencia'' Y en- el numero de aver
aparece una relacion de los se1ores
que han de formar las distintas Co
misiones para conmemorar ell aniver-
sario de la muerte del ilustre
puertorriquefo Jose de Diego, v,
entire esos nombres aparece ell mio
como PresiGente de la Comisi6n para
el decorado del Teatro. Quiero hacer
constar que, debido mis- multiples
ocupaciones me veo precisado a re-
nunciar ell honor que. Sc me confere
v con ell fin de ser sustituido, a ITEM
po, por cualesquiera Ge los Sres. que
forman parte de las otras comisio-
mes hago p1blica mi resolution.
Eugenio Jimenez CLAS.