Show Modeo's New MOM Oil Well WellIs WellIs Is Placed On Production M TL j f It was reported today that Inc's oil well No 2 was placed on production at eight o'clock this morning The well Is Js a from M M. MI G. G M. M Petroleum Inc that holds 1 the major acreage on en the Cane creek anticline located approximately eight and one half miles southwest of Moab i Other large laIge interest holders are U Ue the e Americol Petroleum Inc and the D. D J. J Oil on Com pany Mr M. M G. G Mason who released today's announcement ent is the operator tor of of- ill of-ill these com corn According to 10 Mr Mason Masori the well was drilled to Ito a total total total-dep dep depth th of feet which is ILs the basal paradox member r of the Pennsylvania geological series sedes The production horizon is from to feet after ter having drilled through 60 feet of cap caprock rock Undoubtedly M Mas Mason a son 0 n said the horizon is ds of greater thickness but due to constantly blowing out and makIng making mak mak- ing large amounts of gas and oil opening the zone any greater great great- er amount might make the ithe well difficult to control The well is located In section 36 6 township range S S. S L L. M. M The operator stated that oil encountered in Inc's No ND 2 well Is a a high gravity bat base e oil with an ex- ex x oil gas ratio and the well should flow flo without Vt dim culty Mr Mason said tl that at sulphur sulphur sul content is extremely ly low I being only one tenth one tenth 9 of one per cent Water content was describe led led as a trace gasoline content per cent kerosene 9 9 Sper pot per percent cent oil gas-oil 18 par pT cent as ase 15 per r cent and aI I i its fes s. s per cent Re Is almost pur pure lube Aube oil sto stock k Mason stated An offset well to be known as MOM trio No 3 will b drilled feet due east of new well by Mod co Inc The well site has been graded two 1000 bar 1000 bar rd ft l tanks have been erected and the cellar is as being cemented today preparatory to moving a rig to the drill site she within the next few lew days A A. systematic pattern of drilling offsetting this producer pro pro- ducer will be carried out by M. M G G. G M. M D. D J J. OH OB company and Americol Petroleum Inc until their approximately ap proximately acres have been drilled The oil lOll companies have spent nearly neady four four years constructing a 22 mile 22 mile road along the Colorado Colo Colo- rado river to their properties The route Ite which is Js rapidly rounding Int into a good oil road had tp to be raised d as much as six feet In several place Most of 01 it is graveled Mason reported that three super tanker tan er loads of oil have already been n shipped to w the Western States Refinery Refinery in ln SaLtI Salt I Lal Lake s City OUy and that regular shipments will begin on Saturday Saturday Satur Id day y or Sunday of this week |