Show i UTAH OIL OL SHALE I PROFITS FIGURE INTO Comparative Tables of Scotland Scotland Scot Scot- land and Watson's Watsons Rich Shale Beds Herewith are arc fl figures ures slowIng showing the approximate approximate estimates of or production and arid profits obtained from tho the nil oil shale I industry In Scotland These are followed followed fol fol- fol- fol lowed 1 I b by some theoretical f figures ures on tho possibilities of ot treating the richer Utah oil 01 Tho The figures are aro put putout putout putout out b by the Crane Shale OH Oil 01 corporation as as Indicated by tests made mado of ot taken from their holdings near Watsen Wat- Wat sen sen In the eastern part of oC Utah near the center of or the tho great Uintah basin This basin Is 18 declared to embrace containing not less than gallons of oil 01 oil besides a avast avast vast vust amount of or pro by-pro by products Tho The Scotland figures follow Scota nc D. D R. R Steuart Steuart-F. Steuart F. F j. j C c.- c. Oil on of or orthe the tho 1912 Memoirs 1912 Memoirs of or the I geological eolo survey sUrCY Scotland In 1910 tho the shale distilled was tons Crud Crudu oil 01 produced tons or gallons alons The Tho marketable products product were Gallons Motor spirit Naphtha 04 Burning oil 01 Gas or fuel oils Lubricating wa wax Tons Pa Paraffin 13 f t n nax wa wax ax Sulphate SUlpha to of ammonia 5 The Tho marl market ct value of ot the total prod products W was va Tho The a average value lue per Ier ton of or hale shalo at the tho mine was cost These fh figures show per cent profits or 5 The Tho total crude oil 01 produced per ton tonof tonof tonof of shale hale was two twenty Imperial gallons total ammonium sulphate pro pro- rl 11 f rl tv n u t tn n n f e o V 1 IA A. A 9 J J i C A. A 4 A fc- fc v l vi j t u v LI U vf T Tonnage rn-ge rn of r oil I shalo h l i in s 's sight t on the tha Watson atson Utah property 2000 acres of or 30 feet rett average depth Is IS 18 cubic feet teet per ton or tons toils Cost of or treating 50 tons of shale shalo a acay aday aila ila day cay y Labor Labor- 10 men at t 53 3 3 6 G men at nt 4 2400 3 i men at nt 5 6 1500 1300 1 at 8 53 1 at 59 9 1700 To Total ta I S G. G 0 0 Supplies depreciation etc Supplies s 2000 n Repairs p and upkeep 1000 Interest on at at S per pc cent cent 1100 Depreciation 10 io per cent 1370 Extras 1000 Total Labor Total all nI charged Cost per por ton 60 cents Estimated profit from working tons of or oil 01 shale shalo per day a taken from lands land at nt Watson Utah now held under option opton b by Crane company tons tong oil 01 shale hale In sight Two hundred and fifty tons of ot oil 01 shale at 30 gallons per ton will wil produce produce pro pro- duce gallons aJon of or cru crude oil 01 CrackIng CrackIng Crack- Crack Ing lug this gallons Into gasoline at atCo t tCo Co 60 per cent gallons gasoline Ammonium Ammonium Am Am- sulphate 15 Hi poun pounds per ton tonof tonof of or shale pounds poun Value Valise gasoline 1 12 cents gal al S Value ammonium sulphate 5 cents pound I Total value products 5 Total all al charges iO Net profit 5 Net monthly profit Net annual anual profit This will yield a an annual profit of or over o per cent on the total invest invest- m ment e a t. t |