Show cost of Lif lifting tine oil the bureau of mines says that from 20 to 00 per cent of the total cost of producing petroleum may be charged to lifting the oil although the lifting cost ranges from less than three cents centa a barrel bael tit at flowing wells producing several hundred barrels a day to 3 a barrel at wells producing less than a fifth of a barrel ft a day the lifting cost per well may range from more than 1000 at large flow flowing ing wells of the type recently discovered in okla 1101 choini ria texas arkansas anti and to less than 10 tit nt many of the old wells pumped only a few hourt houra a week as in most of the oil fields of new york and pennsylvania where the average dally daily production per welt well per day Is less than one fourth of a barrel |