Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1942-01-10

bidders Tor the purchase for a period OF one.
tnrfe or five years beginninE February !.
lss- az an ROYALTY oil accruing 10 the United
state from FEDERAL lands IN the Cat creek
OIL field Montana For the year 1899 the
totsl Government royalty oil from the Cat
CrftE field amounted 10 approximately 9.os5
barr. for 1870 20 approximately 7,d25 bar
res and for the first SIX months OF isAl,
20 approximately 8.0i3 barrels. The range
in rfayity during the periods mentioned was
! iron 80 degrees 20 50 deErces A. P. l. Add
tiotal information concerning the speeuica-
toas ruVerning the sale OF the Government s
royalty OIL from the Cat Greek field may Be
o6ta AIMED from the Director GeoloEical Sur
yey, S. Department Of the Interior wash
lnfiQn. d c. or the on and Gas supervisor
q Geoioglcai Survey Federal BUILDING,
Casaer Wyomlng Sealed bids are 70 be sub
mi',cd 20 the Secretary, Department Of the
Interior. WASHINGTON. d C.. pursuant to the
sper. cations the envelope TO be marked
plainly Bid on Cat Greek royalty oil-not
TO hr opened before noon, January 81. 1912. "
No hd received after the time fixed herein
for submitting bids viii be considered
OSCAR L. CHAPMAN
Assistant Secretary Of the Interior
SPECIFICATIONS
GOVERNING the sale and purchase Of
ROYALTY crude oil accruing to the United
States from the Cat Greek oil field
Pursuant to the terms and provisions Of
section Sc OF the act approved February 19,
1920 Al stat. Ash 80 U. S. c. 1927. sealed
proposals. IN duplicate, VIII be received IN
the office OF the Secretary OF the Interior,
WASHINGTON. d. C., on or before noon on
January 81. 1912. from responsible bidders
for the purchase for o period OF one three.
or five years. beginning February !. 1892
OF ROYALTY crude oil accruinE TO the United
States from Federal lands In the Cat Creek
oil Geld Montana. from all productive for
nations.
Bde are invited on three separate items.
n
item l. Royalty oil accruinE to the
United States for the period beginning
February l. 1912 and ending January 81.
1888
ITEM ? Royalty oil accruing to the
United States for the period February /.
1912 and ending January 81. 1915.
Item g. Royalty oil aocrulng to the
United States for the period beeinning
February /, 1919 and ending January 81.
1857
Bids must be in the following exact form:
For Item -- for the period beginning
February /. 1912 and ending January 81.
l94-. (name OF bidder offers premium
OF cents per barrel above the
highest field price per barrel for oil OF
equal or lower gravity produced in the
Cat Greek oil field, Montana, as published
or offered BY the principal purchaser OF
oil in said field or, II the highest field
price per barrel for oil produced in Okla
homa and Kansas as published or offered
by at least two Of the five principal pur-
chasers OF oil IN Oklahoma and Kansas
be higher for oil OF equal or lower grav-s
ity than said price FOR the Cat Greek
field. said premium is offered above said
higher price, the applicability Of any such
price to be determined by the Secretary
Of the Interior.
For the calendar year 1899 the total Gov
eminent royalty oil from the Cat Greek field
amounted to approximately 9055 barrels; for
1910 to approximately 1895 barrels: and for
the first six months Of 1871 TO approximately
s043 barrels.
.AFe.r.n
above ranged from 80 degrees to SO degrees
A. p I.
Delivery Of royalty oil will be made in
the field without cost to the Government
to the successful bidder or for his account.
At the election OF the bidder such election
to be stated in writing when submitting the
bid. settlements for the royalty oil sold pur-
suant to these specifications may be made
as follows:
/. By payments to be made to the
Register. U. s. Land Office. Billings,
Montana on or before the last day Of
each calendar month following the cal
endar month in which delivery Is made,
by check or draft drawn on a solvent
bank to the order Of the Treasurer Of
the United States; or
q BY payments to be made each month
in advance Of delivery OF the oil in
amounts estimated By the oil and Gas
Supervisor, U. 8. Geological Survey. Fed
eral Building, Casper, Wyoming as being
sufficient to cover the oil TO be delivered.
Advance payments for royalty oil pur-
chased pursuant to these specifications
must be made by check or draft on
solvent bank to the order OF the Treasur-
er OF the United States and must be
transmitted to the Supervisor in time to
reach his office on or before the day on
which any given months delivery OF oil
is to commence. Any excess OF payment
made in advance for any months deliv-
cry Of oil will be a credit toward the
purchase OF the next succeeding months
delivery Of oil; and any deficiency in adj
vance payment must be promptly paid
when such deficiency has been ascertained
by the Supervisor.
II the bidder elects to make payment for
the OIL after its delivery as specified here
inabove the bond required win be In the
amount Of $4,000. II the bidder elects 10
make payment for the oil in advance Of
thereof the bond required will be
in the amount of 81. 900.
The volume OF said royalty oil VIII be de-
termined in accordance with existing de-
partmental orders and regulations requiring
the measurement OF Government royalty oil
on the basis Of 100 percent capacity tables
In terms Of ~ o. g. gallons OF 23i cubic
inches at a temperature Of 90 degrees F.
The gravity OF the royalty oil win be de-
terrnined in accordance with table 2 Of Cir
cular C-4i0 OF the National Bureau Of Stan
dards March 4, 1880. or any revisions there
OF and any supplements thereto provided that
the Supervisor Geological Survey, in his dis
erection may authorize computation OF cor
rection for temperature by other approved
meLnOQS OF IN LcFfnS OF PERCENT lOE = hPcCl-
fled number Of degrees II closely approximat-
ing the computation in accordance with said
C-4lO or Its revisons and supple
ments.
Each bidder must submit with his bid or
bids a bond in the sum OF $500 or a GER
titled or cashiers check or draft made pay
able to the Secretary Of the Interior in the
sum Of $500, as a guarantee that he WILL
II successful. promptly execute a satisfactory
contract and furnish acceptable perform
ance bond conditioned on full and complete
compliance with the terms OF the contract.
The Secretary OF the Interior may accept
the offer Of the highest bidder or bidders
on any item offered herein but reserves the
right to reject all bids whenever in his judg-
ment such rejection is necessary 70 protect
the interest Of the United States
Sealed bids are to be submitted to the
Secretary OF the Interior, Washington, D. c.
the envelope TO be marked plainly Bid on
Cat Greek royalty oil-not to be opened be-
fore noon. January 81. 1872" No bid received
after the time fixed herein for submitting
bids will be considered.
Signed
OSCAR L. CHAPMAN.
Assistant Secretary OF the Interior.
Date Of first publication Jan 3, 1871. *