OCR Text |
Show UNION OIL & GAS BUYS FIRST CASING Initial Well to Be Driven for Oil; Others to Develop the Gas Flow. Announcement wa-s made yesterday by the Union Oil &- Gas company that the first string of casing for tho well to be put down west of Farmington had been purchased. The casing is 14'- inches in diameter, sufficiently large to permit the well to be driven to a depth of 400(1 feet, tho management announced. an-nounced. The drilling machinery is now on the ground, and it is planned to ask for bids for the erection of the- derrick during the coining week. The programme outlined out-lined contemplates the drilling of the first well to a depth of 4000 feet if necessary to ascertain whether or not oil exists -in commercial quantities in that district. As the first well goes down the various depths at which gas is encountered and the flow in each instance in-stance will be recorded, and it is the intention to put lighter rigs to work for the development of gas. |