The Glenwood post., 1924-04-03
New Companies Invading Field Every
Day and Several Steel Rigs
Are on the Way There
JOE BELLS MORE Than HOPEFUL

Steamboat Springs, April LIN or
der to avoid confusing the Moffat
county oil field with a "Hamilton
Dome" in Wyoming, it is hereafter to
be referred to as the "Craig Oil
Field" This decision was arrived at
last week at a conference of officials
of several of the more important pro-
ducing concerns, and it is said that
biologists, land men and all connected
with the companies have been instruct
ed to refer always to the "Craig Oil
Field" OF this the Inland Oil Index
says:
"The field in Colorado gets its name
from the principal land owner in that
district whose name is Hamilton. The
enterprising little city of Craig will
no doubt take kindly to the plan to
have the field named after the town,
as it will be big advertising asset
and be worth considerable to the bust
ness men of the place. Hereafter oil
trade journals, newspapers and others
are requested to refer to the field by
its new name rather than by its old. -
Perhaps the most important oil news
reported from Craig during the past
week is the advent into the field of
the Union Oil company of California
This is the company that brought in
the Wellington well in November and
that now has several other wells under
way in that district. After the Texas
company brought in its 457O-barrel
well near Craig, company officials
had the field investigated and received
highly favorable reports. 1t is now
planned to secured acreage and aid in
developing the various known struc-
lures in Moffat county. Joseph Belli.
of Grand Valley, who for several years
has been in charge of the Union Z
shale activities in the Colorado valley
arrived in Craig last week, accompa
MED by Geologist W. g. Gallagher. II
is safe to say the Union will be drill
ing very shortly, and perhaps the first
venture will be to take over the Hill
man contract on the Morgan dome al
Elk Springs Mr.. Bells is favorably
impressed with the oil possibilities OF
this section, and went to Denver tc
consult with other company officials
Another eastern company commenced
this week to participate in Craig OIL
field activities. Albert R. Beymer, ge
ologist for the Roma Oil L Leasing
company of Pittsburg, Pa, has taken
up residence in Craig and is signing
up considerable acreage. He says hi,
company will have rigs at Craig when
weather conditions permit.
G. E. Cowden, field superintendent
of the Denver Syndicate Corporation
arrived on the Friday train ana il
tying up land upon which he says drill
ing operations are to be started soon
The Anaconda and other companies art
still extremely active, and every trair
brings more men who are after leases
Five steel rigs to be used on as many
new wells to be drilled jointly by tht
Texas and Transcontinental are in the
Craig railroad yards, and twelve Of
the thirty carloads of casing have beer
received. Until the weather settles ani
the roads get in much better shape ne
attempt will be made to transport tn,l
! l,,oto,;cl 10 kbo ,oriou. 1ocot;oua Tvn
ical March weather for the past three
weeks has put the roads in bad state
AS further evidence that the promi
nent oil companies think well of thil
new field, it is cited that the Midwest