Show New Oil Discoveries Add Bright Future to to Basin New oil discoveries in the Duchesne County Bluebell field and in Uintah County t West Vest est Gusher oil field is made to order news for the celebration of Petroleum Pet Day in Vernal May 23 THE NEW discoveries disco will give the oil all service ervice companies in Vernal the sho sh in the arm they have been looking looking look look- i ing g for in the Northeastern Utah area The IM big find is Shell No 1 15 IS miles north of Duchesne and some 10 miles southwest of the ever growing ever growing Bluebell field According to Paul W W. Burchell Utah Oil and Gas Conservation Commission Com Com- m mission sion the well vell has brought oilmen flocking to the basin ACCORDING TO geologists Shell SheIl has made a very significant discovery It Itis Itis Itis is in the middle of the basin where there has been very little production and drilling the he well is in section 35 township one south one south range four west Drilled to feet flowed 30 barrels an hour and one day produced barrels naturally naturally nat nat- without any FOUR MAJOR principals involved in the general area are Oil Company Com Com- pany pony Flying Diamond Land and Shin Shin- oral eral Corp Mountain Fuel and Shell All expect to get Into some good wells around the new area In the Uintah County Green River tests by Globe Minerals Wildcat in 2 2 more than a mile southwest of or orthe the abandoned West Gusher oil field a yield of 22 million cubic feet of If gas gasper gasper gasper per da day on tests were reported report report- ed ed cd Oilmen are exuberant about the recent finds and this summer may prove pro to too be be one of the biggest oil exploration surges In this area for a long time VERNAL HAS offices and branches for almost every major oil service company com corn pany pony and because of its strategic location lo 10 cation in the heart of the three three state state oil country it should become the oil capitol of the area Because of the tile tremendous influence the oil industry and oil related service service ser ser- vice companies have on the economy of the Uintah Basin a special day has been planned to be called Petroleum Day On this day clay the Uintah Basin section of the Society of Petroleum Engineers has planned a full days day's activities centered centered cen cen- around oil service progress and contributions to the community A PARADE is scheduled to begin on Main Stain Street at 10 to a am a.m. m a golf tournament tournament ment will be held all day A barbecue displays movies and a dance have been scheduled 1 The he purpose of or the Day Is Isto Isto Isto to call to the attention of residents of the Uintah Basin the contributions of or the petroleum industry to the general well well- being and growth of the area Also Alsoto to stress the importance of engineering in our society and to help provide funds for a local scholarship program to send students to school in this field LAST YEAR the petroleum Industry paid over 1 OCO in taxes in Uintah and Duchesne Counties and in Rio Blanco manco County in Colorado Over 70 per cent of the property properly tax tu assessments In County arc are paid by oil or oil associated companies Oil is becoming the backbone of the economy econ econ- economy omy of the basin |