Show As the winds breeze in the oil news As this is written on the it seems as though the test of the shafer no 1 well of the utah southern midwest combination nine miles southwest of moab on the colorado river can be carried through to a finish though it is not certain the one thing which everybody connected with the undertaking seems to have is confidence that all will end right and that the potentialities of the well will soon be known not less than a dozen drilling concerns are now busy in the field and reports indicate that the number will be more than doubled by the end of may by which time two or three and possibly more new wells will be finished some of them are on the verge of completion now it is reported that the associated oil company the mammoth california concern that rates its earnings by the millions has decided to tackle the utah oil fields As one evidence of this it was recently recently y stated that the big co com m banys s representatives had secured a contract with the owners 0 wn justheim and matthews to drill the margaret margare t R justheim tract of acres on the cane creek structure and fred matthews acres on the shafer dome as soon as the permits are granted on these locations some other locations also are involved and it is stated that sizeable cash bonuses to bind the bargains have been paid moab will have direct telephone communication with salt lake by the middle of may according to J G hyde T utah tah manager of the mountain states telephone and telegraph company who was a visitor to moab recently mr hyde was accompanied by J rex miller of price aas eastern tern utah manager of the company there are now in operation about 67 miles of trunk oil lines mostly eight inch size for the movement of crude oil from the fields to refineries one new well that of the utah oil development de elopement elop ment company was studded in on the and another the empire petroleum companas Comp anys test on the gertrude strong of the big six oil company permit was studded in a day 0 or r two following equipment of the utah oil development Develop men t company is of the most modern type capable of reaching t to 0 a great depth C C double an operator of many experience is in charge two towers will be employed years in sinking a 15 inch hole as rapidly as money and skill and machinery can accomplish this difficult work the wyomah or beneficial is cleaning out its diamond I 1 drill hole the first well it secured in labarge to increase its f production the standard well star and old leidecker holes are all producing says a wyoming report the francisco drilling corporation is making preparations to knagge extensively in contract drilling in the moab field they have nine rigs which they expect to have in in operation shortly already the company has contracts to drill three wells one at moab one near mack and another at de beque the company is also closing a deal for putting down a well at dove creek colo for the utah royalties company the hope syndicate well south of thomp sons drilled to a depth of over 2000 feet last year will be completed this season mr francisco announces the francisco corporation has acquired a a large interest in the hope syndicate acreage and will develop the holdings if moab grows during the next three months as much as it has since january 1 the equipment of the local post office will have to be enlarged to properly take care of the i increased postal business according to postmaster R F M shafer for the first time in the history of the office every available box is rented and new applications for private boxes and drawers cannot be granted until additional letter cabinets are installed mr shafer states arrangements are now being made to add another section of private boxes says the moab times the Indi anOil company filed articles of incorporation in ogden recently the company has a capitalization oi of I 1 divided into shares of 10 cents each the officers are william H harris president E J hanke vice j d dent ent C C brown secretary and treasurer J N spargo and william R wallace of salt lake complete the board of directors sinclair consolidated oil corporation has brought in ia the largest high gravity well ever drilled in the mid con field this is hartley no 27 in the garber p pool 00 1 whid which I 1 came in several days ago flowing at the rate of D daily on march 27 it was reported to be producing bals daily of 45 degrees gravity oil the U S senate on the passed the bill passed 41 by the house march 29 amending section 27 of the genera general j leasing act by providing that no corporation individual oil 0 dr association may hold mor more e than 2560 acres in a producing 0 or gas structure and not more than three times that area are of oil or gas lands in any one state at one time arid and avith wi 1 respect to coal phosphate and sodium the aggregate area teal amount 1 of holdings in limited to 2560 acres a res any one state shall be j at present the law permits not more than three holdings 10 I 1 j a state regardless of acreage the new plan it is thought thong will lead to better administration and more intelligent pros pro pecking and development owing to the almost impassable condition of the roads field As the trucking of crude petroleum from the labarge oil p I 1 to susie wyoming had to be discontinued for part oi of april P hs roads have been put in condition and the ha hauling tiling of oil oil now been resumed I 1 0 f e C engineers C W crepps and H C allen alien of the firm 11 1 j allen alien lath for the crepps left moab by boat on the eel than dian creek structure where they will spend several severa lw W ti on OIL road survey work for the utah oil refining Rf ining utah sou i ern and midwest exploration companies they were accompanied by a crew of men they will run a survey for a road leading from the colorado river up lockhart basin and onto the lockhart and indian creek structures they will also survey two other routes one of which will run from the river by way of the lockhart and indian creek structures to the gibson dome and the other running from the gibson dome to church rock on the moab monticello road moab times bringing nearly 40 a front foot the vacant lot at the intersection of main and F streets moab owned by mrs annie L hinton has been sold to leq lee F ogden of salt lake city for 2000 cash the lot has a main street frontage of 52 feet and a frontage on F street of feet the property is located just a block north from the merchants hotel mr ogden when seen by a times independent representative stated that he planned to erect a large hotel on the corner location to cost around preliminary drilling for indications regarding oil possibilities ties in southwestern idaho near boise preceding deep exploration started seventeen miles northwest of boise on the spring creek anticline on the the first part of the work was completed when fritiof bergdahl geologist in charge placed his stake and had moved a shallow drill rig to the scene to fit over the spot sleeted by him as most favorable for present operations E H kilpatrick and family left early in the week for salt lake city utah where mr kilpatrick will be connected with one of the more important oil companies operating in the rocky mountain region mr kilpatrick was formerly treasurer of the western states oil land company with headquarters in casper says the oil index the utah oil development company well on the moab anticline located at the moab electric light plant will be studded in in about a week according to F C hallar president of the company the 84 foot standard derrick was this week erected by martin walsh rig builder and rigging up is now proceeding by the end of next week everything will be in readiness to start operations general manager C C double announces that the test will be completed as fast as possible two tower will be run the hole will be started as a 1532 15 inch moab times |