Show WORLDS DEEPEST WELL IS RICH PRODUCER the deepest oil well in the world Is in regan county texas on land owned by the university of texas it was drilled by the texon oil land co it has cost more than it cost to drill it to the first sand the previous record for depth in drilling was feet this was made in orange county california and the hole was abandoned as dry oil from the texas well Is so high in gasoline content that it can be used for cleaning clothes or polishing floors without being refined it tests per cent gasoline of gravity per cent kerosene 65 gas oil and I 1 per cent sediment drilling of the deepest oil well lasted almost 4 years it was delayed once because tire destroyed the derrick and again when the bit was lost more than a mile below the earths surface five oil sands were encountered the first down 2464 feet gave an initial flow of barrels dally compared with the peak production of barrels a day from the fifth sand after barrels of oil had been pumped from the first sand drillias drill ins was resumed and the second was found at a depth of feet its total output was small the third and was encountered at feet and the fourth at feet the success of the university of texas venture will lead to the deepening of other wells which have ceased to return oil in paying quantity tl in the hope that even more wealth than the original project r will be found below |