Show T Successes In northwest anc and southeast Lisbon Valley VaHey balanced reports of two welts wells being abandoned aban as dry holes In this weeks week's oil news The Belco Beko Sate No 2 Is preparing pre paring to test the oil zone of the McCracken after finding approximately feet of excellent excellent excellent ex ex- MississIppIan gas late zones The northwest Lisbon Lis lion bon well wen Is said to have found greater pressures and more por- por than experienced In the original Pure discovery In the zone The McCracken now being tested Is thought to have less Jess porosity than found In Pure's well although cores have bled oil Chances of producing Devonian oil are rated generally general ly Iy good Results of the lower z zone ne testing are awaited to sec see if dual completion ln can be made Pure OIl Oils Oil's s development of the theSE theSE theSE SE Lisbon Valley in San Miguel Mi guel county Colo Cob is pointing to a vast reservoir of MIssissippian plan pian gas Pure's SE Lisbon Lisbon Lisbon Lis Lis- i bon 3 has tested cubic feet of gas per day with 70 barrels barrels barres bar bar- res of distillate on Its first test Apache Oil Cos NO 1 Federal h In 11 NW Lisbon is b being watched closely The Tho op r tor is drilling ling and nd coring ahead below feet and running higher structurally than the MIssissippian pian plan success of Elliott Productions Production's Productions Production's tion's three miles to the north- north east cast Th The Elliott well wen was a failure fall fail ure In In Inthe the the Devonian but completed completed com corn in the Mississippian feet lower than Apache Reports credit the Elliott well with production production pro pro- of barrels of high gravity distillate A success by Apache could touch off a flurry of activity as several majors and local companies have large leaseholds In the area Grand Well Abandoned Murphy Corporations Corporation's Little Valley VaHey unit deepened by Pure Oil Is reported dry plugged ant and abandoned Pure took over the tho wen well after Murphy elected to pull off below feet The test southeast of Big Flat and north of Cane Creek had no promising shows in the latest testing that took the test to a total depth of feet Abandoned Aug 24 Also listed as dry is the In Interesting in- in test of E. E B B. B Larue Lame Jr six miles south of Moab on the edge of the tiie Moab anticline The test was halted at a depth of feet after being slated for 10 thousand feet to the Mc Mc- Cracken At the last reported depth it Is assumed that the objective objective objective ob ob- ob- ob beds were reached which would place It relatively flat structurally with the average average average aver aver- age of the producing Lisbon Valley wells It Is also assume assumed that since the well was plugged and abandoned that the formation formation forma forms tion there proved to be too tight to produce perhaps lacking In porosity and permeability This was a tight hole and little Is known of any oil or gas shows It would appear that early estimates estimates estimates esti esti- mates of salt thickness and depth of structures were Incorrect incorrect as far as this test was con con- Most of these estimates were based on the location being more toward the Paradox Basin The test lends emphasis to early comments on location that surface structures do not tie in with deep seated formations It also opens the area for additional exploration General Area News Newl Grand c. c county is once again a aleader aleader aleader leader In a suddenly renewed flurry of filing on state lands The acreage is in small scattered tracts Richfield OH Oil and Murphy Oil on of Oklahoma are listed as the active companies In the fU- fU Ings Kane county leads In the Utah filing activity The Four Corners Comers Geological Society will sponsor Its third annual field fled conference originating originating origin origin- in Moab Oct 5 6 Regis Regis- which must be tom on October 4 shows registered to date Registration Is limited to The trip will include the major oil areas developing de in the Four Corners Comers I area The trip is open to any i one Interested within the limits of ot the permitted registration number Utah's oil 1 production showed a drop of over barrels in July compared with the same period In 1959 For the fir first t seven seyen se sea seaven se- se ven yen months of 1960 there is about a one million barrel decrease from 1959 1939 The Aneth fields were the source of the decline It Is expected that the recent increase In gas allowances by bythe bythe bythe the Utah Oil and Gas commission commission commis commis- sion from cubic feet to cubic feet per well per day should result in increased oil production above present le le Ie vels The Utah Petroleum Council in releasing the figures of ot decreasing de do- creasing ceasing production announced that Valley showed a apro pro production of ot over barrels from Iron the five producing wells in 1 t t the e field in July i m |