Show I LE Springs Oil Held py a new oil field M miles Vernal at Elk Colorado lart week when the wildcat well Margaret V. Smith 1 was brought In and began 7 and wai drilled by the Fred d Manning ft came In under Its own pressure with only 27 feet of the Weber sands en- In two of Block Pioneer 3 Well president of the com- He reported a small show- Eng of oil at 1500 Production from the Elk Springs well from the We- ber sand same for- from which the Rangely draw It was reached at approximately The well located in 3 No 98 W. The Continental Oil pany controls most of the acre- on the structure with Stand- having a share in the Most of the oil land in the f is federal land On a drill stem test run on Wednesday the gas the surface in and the drill pip filled to a depth f feet In 20 bating excellent gas pressure and splendid prospects for heavy production No official estimates have been made regarding the pro- possibilities Officials i say that drillers will ed I- proceed deeper and will pipe Into the Weber sands f arth- I 1 W. H. executive vice president of the oil com- I said that preliminary tests I Showed a rapid rise of oil and Indications that we I have brought In a new I Size of the field will of course be determined by the thickness of the producing sand which can only be determined by deeper v maps at present in- that the field will be comparatively The axis of the structure rum from northwest to southeast n SS aas- The Continental test well log those In the Rangely oil field which Is about 20 miles to the southwest The surface formation U the Mancos shale with the Lewis formations covering the north end of the I on page r from Page The Sundance sand was pick- ed up at apro fee with the Weber top at feet- All formations were found to be in First In drilled in 1928 by the Company of California This test was known as the Morgan 1 It located in the NW M of Sec was drilled through the Sundance sand in which gas How of 8 million ft per Jay It was drilled to feet and produced Then ln the California company brought in deep wellin the Rangely field sequent development of the ot Elk Springs Geologists recommended that the Weber sand be |