Show ASHLEY ASHLE Y VALLEY OIL fiela y ONE TENTH SIZE OF ll IRAN tELY belv F the oil producing area in ash ley valley hailed when its IU de dej began a year ago ap api I 1 parent ly will be about one tenth the size of Color colorados ados adox rangely field just over the border in the same uintah basin last sun days denver post reported engineers at said that makes ashley a pretty small dc dd considering that t h ri langely itself Is one of the less cr er fields in the united states I 1 but hut compared to world resources both operations are aro tiny an engineer visiting 11 angely recently the post story contin tied estimated that ten of saudi Ar ra adias adlas a s wells could equal ih chili all bf Rah gelys wells dy y the same standard on one ono 0 arabian well could equal all of ashleys Ashl ashi cys present and potential development comparing the two fields of this area one rangely engineer commented if the oil bearing structure is a bump ih m the basin then ashley buff vai val valleys eys ays i is a dimple dimpie dimple langely has had only four dry holes drilled while three of ashley valleys twenty one wells have been productive nonproductive non according to the post seven wells nrc arc being drilled at present p resent in the utah field active oil producers at range w the california texas aas phillips and ana i 1 Shar sharples pies companies have spent upwards 3 of 12 million dollars upa to develop ap the field its development completed the postpaid post sald said the area atea has settled down dowa to a daliy daily daily dally humdrum of pumping worth of ol oil lacross iacross across the utah and andr wyoming lines jiner only one drill rigging is it set up tip there the son of Rangel yx founder stewart mclaughlin ln la is hopeful that the last operation will pro produce dilce awell a weil well outside of this venture ac cording to the hc post two other possibilities exist fringes of ortho the field and the madison limestone lim esthrie 2000 2006 feet geet delow below the tho producing weber sands gands but hut no one seem seems s seriously intending to try either cither one production Is running near capacity of the pipelines the new 12 inch line carrying crude to refineries pein reIn erles eries at salt lake cit city ond and lne the twe the older which hooks into im the Sta pipe system at Warn sutter sutten wyo the july average was barrels a day posted price of the field is a barrel making the july daily value of the crude for the first week of august the average was dally daily barrels roosevelt standard |