Show petroleum notes the elko oil improvement and development company which has a well down between 1500 and 2000 feet within two miles of elko has passed through a layer of what is said to be oil residue and is on top of a layer which is hoped will prove the capping of an oil bearing sand few people know that an oil shale plant has been operating successfully in montana for some months it is located near dillon and is known as the small horn oil shale refining so new retort has been added recently itly the output of the refinery finds a ready market with t the he mining companies who use the oil for recovery of min minerals considerable activity is expected in the lost soldier field within the next few weeks it is understood that the bair bail oil co has ordered four new rigs and that the P R corporation will immediately begin getting ready for more wells on the 80 acre lease they took over last fall from the wyoming illinois company several other interests te rests including the huges oil co annabelle wyoming oil co and good nutting are expected to do considerable development work in the field as soon as weather conditions improve wyoming oil index the mammoth oil co is starting one of the most important tests in the rocky mountain region on sec 28 in the northern part of the teapot dome as it is intended to za go go to the dakota and lakota sands it is estimated that these sands in that locality can be reached by drilling from to ft deper than the second wall creek this is one of the tests that showed water and as it was properly cased and has a good clean hole it can easily be carried down to the lower sands it may be that one or both of these sands will produce oil in large quantities as a test carried down to the lakota on sec 25 in the heart of the salt creek field by the midwest refining co is said to have found the dakota sand oil bearing casper oil index thousands of barrels of oil turned over to the united states government t annuala by oil concerns drilling and operating oil wells on public lands in wyoming 6 will be sold through bids by secretary of the interior work sealed bids will be received up to noon may 1 for the purchase of this oil paid the government as royalties and they may include the royalties accruing to the united states either for a period of the next five years or the next ten years beginning 6 july 1 1923 the oil fields to be included c it ded and the present amount of government royalty oil per month are lance creek 1300 barrels big muddy barrels lost soldier barrels grass creek barrels derby dome 50 barrels hamilton dome 1200 barrels and osage 80 barrels |