Show lisbon no 1 strikes pressure stratum at 2693 feet tools blown up hole another high pressure showing of oil lend gas has been encountered in the union oil companas comp anys well on lisbon dome forty miles southeast of moab at a depth of 2693 feet after drilling through a lime shell the well blew in tuesday spouting mud water and oil up the derrick and bouncing the tools zip the hole feet where they lodged the tools were jarred to within SOO feet of the surface when the cable broke the tools lodging in the casing there it is the intention to pull up about feet of the ten inch casing as it is thought that the tools will come up with the pipe As soon as the hole is in the clear a core barrel will be run to ascertain the formation at bottom it is thought possible than an oil sand has been tapped in the akst ballings bai lings brought out before the well blew some sand was discovered with the lime which encourages the hope that a porous formation has been encountered the hole is making considerable gas and it is known that there is some fluid probably oil standing tin the hole below the tools the extent of the oil flow cannot be determined until the tools are extricated at a depth of 2565 feet the well made a good showing of oil and gas which came from a stratum of shale 1 from one to three feet thick two hundred fifty feet of oil arose in the hole but after this was baided bailed out no more oil carrio in as the gag pressure had subsided after leaving the horizon at 2565 feet the drill has been penetrating salt with numerous lime and shale breaks there has been a continuous flow of gas on tuesday the drill had been cutting a lime shell when the well suddenly came in with a high pressure flow of gas the chewing is the most interesting yet encountered in the well as the oil and gas appear to come from ai formation that is porous and that may prove to be a true oil sand while the extent of the showing cannot be determined until the hole now plugged with tools is in the clear the situation is extremely encouraging cou raging E H field superintendent of the union company was an arrival this morning from the well and is making arrangements to pull the casing to recover the tools while mr is not unduly enthusiastic over the list development at the well he states that the showing t least is very encouraging the two very interesting showings already encountered in this well have proved the character ot the formations and likewise indicate that lisbon dome is favorable structurally while the showings may prove to be merely blow outs in the salt they certainly indicate that oil somewhere in the in quantity exists structure local oil men state if salt should continue for another thousand feet the buhion company will without doubt move its location and drill a flank well it is declared by those who are familiar with the operating policies of the company |