| Show BIG GAS WELL AT negotiations looking to the come mercial utilization of natural gas in colorado new mexico and utah for which there is no market at present are reported according to the inland oil index under way between several groups comprising owners of gas producing properties and carbon black manufacturers and public utilities concerns none of the deals have et progressed to the point however where any definite results can be announced among the most improta nt negotiations tiati ons are said to be between the united carbon company of monroe la and the producers and refinery refiners Re finers company and the midwest refining cami pany for the use of the gas from three large wells drilled by these companies on the ute structure in northwestern new mexico several years aco negotiations also have been under way for some time it is said between boston parties and the utah oil refining company for the gas an the cisco dome in grana coun arv utah A third angle is that the caim service through one ot its colorado is said tin he loorine into th pos sibil ties of piping natural gas from the carbon era dome in garfield county colo to grand junction palisade and other points in the grand valley the united carbon company was forroi ed about a year ago to merge fifteen companies engaged in the manufacture of carbon black in lou asiana west virginia and kentucky including the humphries carbon company controlled at the time by colonel A E humphries of denver the midwest refining company has two gas wells on the ute structure sections 36 32 14 san juan county just south of the colorado line estimated capable of producing cubic feet each per day which have been shut in for several years for lack of market producers refinery refiners Re finers has a foot casaer on section 1 31 14 also shut in the cisco dame in eastern utah was tested with two wells by the utah oil refining company one of these wells had an initial open flow of approximately cubic feet of gas which it killed to drill deeper the second well failed to find oil for which it was being drilled and no further operations have been attempted last week it was announced that the cities service company E L doheny interests had acquired several public utilities in grand junction and the grand valley district in western colorado the transfer of these properties will take place as of may 1 it is understood that the new interests will investigate the possibilities of piping gas from the carbonera dome to these fawns the sun oil company and the gypsy oil company drilled in gas wells last year on that structure the cities service interests now supply gas to fort collas from the wellington dome and own public utilities in demer and a number of other colorado cities and towns |
