Show Pan American at of Record Depth on Grand Grund Test Pan American Petroleum md rend Sinclair Oil and Gas were expected to exceed the current current current cur cur- rent drilling record of feet reet this week at the 1 Pace- Pace tate State a Grand county wild wild- at Pan American was reported It t and feet In I Iwo wo reports during the past week The test located m n NE NE Section 12 T 26 S U R 25 E is scheduled for tor 15 15 feet The record for depth Is held heldy jy y Phillips Petroleum at 2 Creek 16 miles north north- vest Nest and about the same dis ance ante northeast of Moab Grand county also has the third and fourth deepest wells ever drilled in Utah Deepest for the region is a Montrose County Colorado test by Humble of 4 feet That is the sole positive note rote for the Immediate area and there thera is little more doing in the entire Four Corners area according to industry journals Activity would appear appear ap ape pear to be at a two year low Corresponding with that Is a alack alack alack lack of local leasing activity and no new locations for the week Despite this adverse out outs look the state of Utah showed showed showed show show- ed an Increase during the past year over 62 1961 in produce production production tion of gas and oil all The Increase increase In ins crease was on both total and dally daily production The 63 1962 comparison shows the state producing a adaily adaily daily dally average of barrels bar bar- barrels of oil per day In 1962 compared to barrels In 1963 The same figures which were released by the Utah Oil Report this week show Grand county fourth in oil all production behind San Juan Uintah and Duchesne The Tho county produced barrels of at oil oU In 1963 In Ingas Ingas Ingas gas production Grand was third moving ahead of at Du chesne |