The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-30
Department Sprung n
Surprise on Bidders at
OS0Oe Sale

Tho lnllHn agency posted IN
couspicuous place IN the front OF the
th,tt,r where tho lease sale was
held at rawhuskn wednesday. a
record Of oil development in the
Burbank pool. which would affect
tho bidding 10 not only gave the
description but the initial produc-
tIuu OF tho wells and sand depths.
II began with the Laurel OIL &
Gas GO. lease IN the northwest OF
1860, and gave the production Of
an the wells completed up to date.
This Of course had a bearing on
tract no. 3s, In the northeast Of
2-2G-5. which was purchased by the
Cumar OH company for 100000.
II next gave the simmons
Moore lease IN the southwest of
1868. with the initial production Of
No. 3 placed at 200 barrels. This
naturally affected the sale OF tract
No. 80. IN tho northwest OF 1895,
purchased by the Garter oil com
pauy for 100000.
Then came the Sinclair Oil & Gas
Co. holdings I'm the southwest OF &C.
27-5, with wells ranging from 40
barrels to 1,777 barrels, which OF
course was aimed at tract No. as,
directly to the west. which was pur-
chased by Waite Phillips for $685.
goo.
Then came the Twin State OIL
company's wells on the northwest OF
/ 36-27-5, whore the production was
given M $50 barrels and 225 bar
rcls: this IN Just east OF tract 45.
which was purchased by the Phil
lips Petroleum company for S495,-
GOO. MIR, Skelly, however, does not
participate In this purchase, but
lARa "a "a i1Ns .1gA hnnprlt nv
the Phillips Petroleum company.
Tho Phillips Skelly lease in the
southwest OF 2i-27-5. showed a pro-
ductiun OF I520. 100 and 800 bar
rcls respectively Evidently the
| Phllllps-Skclly combine are OF the
| opinion that the pooi will spread out
| toward the west as they paid S605,
600. for tract a. adjoining their
| own property on the west,
| Tho northwest OF 25-27-5, owned
by Skclly- Phillips, was next report
ed ns producing from two wells
making 1900 barrels initial produc-
tion. Evidently IT did not alarm
| anybody very much, as tract AZ. in
tho southwest OF 24-27-5, brought
| I$lOO5.O00, from the Skelly- Phillips
people. and tract No. AZ brought the
I top price OF all Si,G00,00O, paid by
the Gypsy OH company.
There are some lines drawn or
the map representing the geological
formation and tho elevation, which
wind around I'm a way that shows
plainly tho big stuff is toward The
north and west. II would be i'm
possible for anyone 10 think other
wise than that this is true. when thii
geological structure has been eN
Iamiucd. II would appear that th'
pool IL going to widen out a lo
more, just north OF the two tractl
mentioned, or else the oil editor doe
not know how to read geological
dope when he secs II.
All the other lease records affect
ing the sale at pawhuska Wcdnes
day, were given, and big boost l
was for tho acreage sold. There 4
so much regularity in the production
OF the wells, that II would appea
beyond n doubt that the Burbanl
pool is tho best in the world
II is interesting to note that tn
Indian agency has established n ficlt
office I'm the Burbank pool, whore al
scouts can get Information and fl
return, give the man in charge an
news Of anything that is going on
II f. said that Tuesday a big crow,
' OF scouts representing all the oi
r companies operating in the Usage
were on hand. Tho gamo OF scout
b ing is becoming interesting, and I
r much more so than II was I'm day
= gone hv when a good scout staye
Ian might on the Job and watChc
, the performance with night glasses
ono of tho companies who under
- took 20 drill In a well while no on
was looking the night before IN
70 sale, found the scouts were on IN
p ioh and had been watching from be
g hind wheat shocks. etc, and wer
promptly chased of the lease.
- really begins 20 look Ike old time
n ury.n