Show c V r it 1 L I I The Utah Oil Situation j I By Ira C. C Tichenor INt j VIEW of some recent developments in Utah including the 4 abandonment of drilling operations at two points the prospects for development of big production at shallow depth in one of the structures in Uinta county and the seeming inclination of some Ut h investors to go far afield in their investments and thus deny to io 10 local a the support to which they are en entitled it is is considered appropriate to reproduce as follows and without further two editorials which appeared recently in a leading Texas lexas iJ To u nal If CONDEMNED I This word has been heard thousands ot or times by those Interested in hi oil 01 Hundreds of stories stores have been written and told of a district beIng condemned holes reo meaning o of ot this word bas has been abused more than tan any other terran term terra in n the he oil mearIng industry for within the last few tew ew months oil 01 operators have learned I that a condemned well wel or dry hole only condemns the test itself and has no earIng earIn n upon unon the other parts of or the field Mexia MexIa was a good example of I This his for tor many of ot the giant gushers were completed near condemned or dry dr holes I I Oae ne or of the most common thIngs things things' In the development of oil 01 lands Is for tho the Driller rUler to ruin rum his hole by bad drilling or fau fauly faulty ty casing asing cementing r and f Various other ways These failures are nearly always given to the public as as dry holes t e. Bossier Bossler ParIsh held field In Louisiana Is now considered by operators and geologIsts as one of or the greatest fields ever discovered In the United States due to the fact that Us Its Is wells wels have bave made as high as barrels a day from the sand found at feet This field was drilled full ful of these dry and condemned two years yeas ago 1 4 In In fact when we look Into the history of any of the great oil 01 fields of the world we can find where they had been condemned by the less c courageous driller drUer many times before they finally fInaly were completed as a bigI big I pr pro producing cn oJ oil districts I. I So after ater r a careful anal analysis sis of or the condemning of a a. district by many of th the the condemned wells wels we find that the condemning merely apples applies to the hole Itself and not to surrounding district I OVER IN THE TiLE OTHER YARD I From a distance the other fellows fellow's yard always seems to be the most attractive his grass looks greener the fruit bigger and more abundant Distance Istance fends lends enchantment to most of us and for the tho reason that we are looking for and thinking that we wo see such big opportunities in the other fellows field we ne neglect lect our own I The Tho fact is we do not see the unlimited possibilities of our own balli- balli baU- baU wick We Wo neither see nor hear opportunity to Its Is siren call cal we are dear deaf and Sand dumb to its Is knock at our door we wo are dead as adders Pretty tough isn't it I to think of or the money we have squandered on onte L te the fickle tIckle goddess of or fortune In Ia faraway fields when all al the time the object 4 Hof o of our quest was beneath our feet and all al around us L How many people In and its surrounding smaller communities have placed their money on oil oi propositions in faraway territory Like every other community there has bas been a great geat many And how many of or these same people today are there who own an acre In this golda realm We Ve venture to say very few When Then Ven It I is considered that the Corsicana oil 01 field has ha been a going I concern concern r for thirty years one will naturally wonder wh why the knowing ones ones have overlooked the te Mexia Ieda field only a few miles mIes away for so man many years rany Many men have made big fortunes in the other fellows fellow's yard but wh why r not look over our immediate neighborhood Just a little Perhaps the elusive Balcones Fault is slumbering there Who knows vs |