Show t Ii 1 f hil Rangely langely Ups Production t 11 f 0 t As Oil Field Nears Limit 1 Drilling Should be Completed Next Year Tear At Present Bate Rate Current production at the t e Rangely oilfield is bar bar- barrels eels daily according to John E Cronin secretary of the Colo Colo- Colorado rado Colorado Gas Conservation Commis Commis- Commission sion lion This is an increase of barrels daily from the previous month and compares compates with a adaily adaily daily production of barIs bar bar- bari barlIs i- i ils lIs ls Is a year ago The California Company with producing wells is leading the deep well operators with barrels dally daily Raven Oil Oll and Refining Cos Co's Co 10 producing shallow wells are in the forefront of the shallow well group with a daily dally production production tion of barrels There are at present deep wells averaging barrels daily and 34 shallow wells daily dally 1043 barrels barrels Forty-five Forty deep deep wells wells and seven shallow wells are being drilled There are nine addi- addi tiona tlona deep well outfits rigging up is continuing to test its eastern extension well at Rangely J E Pepper No 1 1 2395 N 1445 W Sec 31 W Brought in last March Marchas Marchas as a barrel well wll productions lions fell off oU steadily In tests testa mode ade this month the well pumped four barrels in 24 hours on July 3 and 17 barrels of oil and 35 barrels of water in eight hours July 6 Continentals Continental's Rozella Hall No 1 Well located on the north north- northwestern northwestern western limits of the field di- di directly di east of the Ran Bonanza Bonanza Rany fely gely crossroad in SE SE Sec 5 showed salt water on a drill stem test at the 7 n levell last st week Present plans pians plansee vre ee Ite to plug p pug Ug the well and abandon it it At the present present resent rate of drill drill- drillIng drilling ing the the- well well Rangely field will be completed next next year The field limits about determined at t this time is L believed capable of approximately wells eUs with one per each 40 acres i |