The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1923-05-23
News Notes of
The Oil Fields

Northern company At conrad, Is no"
20OO feet, and the drillers are work
Ing at top speed.
Officials Of the Hager-Stevenson Oh
company claim the well to be drilled
IL miles north Of Denton viii be suns
10 the Devonian sands.
The FRANKLIN OIL company well
which came In a few days age In the
Kevin-Sunburst field at 1873 feet La
rated az q 800 barred producer.
Indications are that the Western
States OIL company will commence
drilling on the Woody Creek structure
near Hardin in the inmediAts future
1t is now believed that the b. D. well
IN the west end Of the Ksvtn-Sunburst
field in which oil, was struck at 14b1O
feet will flew no less thaA 800 barrels
amilF.
The Ohio on company well south
EAST Of the Big Sandy, which came in
as a gasser at loo feet, is flowing
about 100000 cubic feet Of gas daily,
II is reported
Teton county ID becoming the scene
Of unuSna. OIL development work.
Should plans OF the Nid-Western and
Mid-NOrthern companies mature Ii VIII
mean the spudding in Of II wells with
IN a month In an improved area.
From Miles City comes the report
4hat the Henry Schlueter well. drilling
near CartersviHe, is approaching the
sand and is drilling below 1915 feet.
Good showings have been had In this
well and a producer Is looked for.
An important deal in West Cat Greek
acreage was cOnsummated at Lewis
town when the HOmestake OH company
took over 60 acres from the Lewis
town syndicate headed by b. W. Ash
worth, ]. c. Dunn and J. ]. Mcintosh.
Reports from Cat Greek say that a
heavy oil showing In the shale was
found in Cleary No. L, being drilled by
the Mid-NOrthern. From the showing
thus far it is believed that the well
will prove a good commercial producer
in the first sand.
The Skull creek syndicate wildcat
well eight miles west of Newcastle.
Wyo., Is reported TO be making oil and
gas. The hole is 3.450 feet deep. Ex-
perienced oil operators are practically
unanimous in the opinion that a good
well and a new field will be developed.
According to Roundup reports the
Van Duzen Oil company, which drilled
the discovery we'll in the DEVILS Basin,
will put down a new deep test in the
basin this summer.
Word from Missoula states that drill
ing in the Bitter Root oil well lear
Corvallis is to he resumed at once. ii
is planned to sink the well to a depth
OF 1000 feet. if necessary, to get oil.
1t is said that the Bitter Root valley
has the same formations as exist In the
Cat Creek district.
1t is reported that the party of chi
cago, North Dakota and Arkansas mel
who visited the FlatwillOw field neal
Roundup TO investigate a block Of
acreage lying in the west end of the
field, closed a deal whereby they are
to take over some 1900 acres in the
extreme west end. The leases call fOl
immediate drilling.
According to Great Falls reports
second test we'll will be drilled O the
Genou fold by the Mortified Oil com
psny as O as the rig on the vel
recently abandoned near Genou post
office can be moved. The location o
the second well has not been deter
mined. Oil was struck in the presen
Genou we'll last November, but was los
because of water difficulties. The FLOW
was not large, but the Mortified own
ers consider the showing to ampl
justify further prospecting.
The record price for royalties in tn
Kevin-Sunburst field was reache
when S1S0.O00 was paid for 35 per Ger
field royalty on the 120-acre Hoga
tract where the Hogan wells Nos.
and 2 are located. The terms Gale
for .$1OOOO0 in cash and $4,000 i
stocks of the Hogan Oil cOmp3h,
which has taken over the holdings {
Senator T. 6. Hogan of Billings. TIL
price paid for this royalty would figui
$4,000 per acre. The entrance of tn
Mutual into the Shelby-Kevin field
taken as significant of the larger con
pany's attitude toward the field.
Cost of drilling wells in the Kevir
Sunburst oil field IS one Of the big fl
tors in present development, accordir
to Dorsey Hager, vice president
charge Of operations of the .Sunbur
OIL and Gas. company. This cost, NJ
Hager said. must be reduced to a mir
mum. The present cost of drilling
we'll and completing 1t for producfit
averages in the neighborhood Of 81
600 or $4,000 Mr.. Hager said. I
said that the operators should be ah
to cut this cost TO $4,000 by eeonomi
IN operation. That this cut is not u
reasonable. he. showed by. citing sol
of the recent successful operatio
where costs of completing the we
were close to that figure.
The Lake Basin Ranchers' Oil co
pany recently spudded in a well IN {