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Show JUAB VALLEY'S WELLS MAY PLACE UTAH IN' BIG OIL BOOM SOON Three to five hundred more feet in depth of a well in southeastern Juab county si expected to give that part of Utah its first introduction to the public as a commercial oil producing district. This well is being actively drilled, according to Information contained in a letter from C. A. Secor, vice-president of the Utah Petroleum company, to the Mining, Oil & Industrial Record, Rec-ord, received thisweek. His head-quarters head-quarters aro at 71 Wall street, New York, the principal office of the company. com-pany. He writes: "At present the well in Juab, Utah, is being actively drilled and Is down 17S0 feet in a greasy gray shale. This well is being drilled on the southeast side of our property. The second well will be started within a few weeks on the western side of our property. At present writing we expect to bring in the first well at 2000 to 2500 feet." Incomplete wells were drilled in the same vicinity many years ago and operations at the time are said to have been cut short principally through inability of the operating companies to procure financial backing back-ing for attaining greater than 1700 or 1800 feet depths which they had reached. These corporations were known as the San Pedro Oil company and the Mt. Nebo Oil company, and property once held by them passed to the Utah Petroleum company during recent months. There have been added to its estate, it is said, a great many additional acres which were recommended for acqntrlng by expert engineers who examined the Juab valley thoroughly and reported very favorably on this part of the commonwealth com-monwealth as a probable oil pool of large extent. These engineers in their reports included in-cluded results of their analyses of the reasons why former attempts to get oil in this part of the state heretofore here-tofore failed. In these explanations the sites on which the former wells were bored were considered less favorable fav-orable for oil yields than those recommended rec-ommended as sites oh which the wells are now being sunk. ' These favorable points are described de-scribed as existing "in the low range of hills extending southeastward from sections 29 and 30, township 15 south, range 1 west, along the height of land extending easterly froin township town-ship 14 south, and in section 11, township 16 south, range 1 west." The drilling under way by the Utah Petroleum company is being accomplished accomp-lished with Standard rigs and power, it is said, capable of sinking to depths of 3,500 or 4,000 feet. Oil and gas were both discovered in the Mt. Nebo well gy the former operators of this property. The water was not properly cased off, however, and the way it stands at ' present leaves it within the power of the new owner to utilize this hole for production produc-tion practically and profitably, after the region may have been thoroughly tested by the new wells at present projected. . It is confidently anticipated by the sponsors for the drilling now under way, which is near Juab station, on the Salt Lake & Los Angeles railway, about 100 miles southerly from Salt Lake City, that a vast oil field will be disclosed there early the coming summer. sum-mer. It is also anticipated that, should these exploitation efforts disclose dis-close what is expected by the promoters pro-moters of the Utah Petroleum company, com-pany, there will ensue throughout the Juab region, and areas of that part of the state similarly marked for oil by nature, one of the greatest and most spectacular booms Utah has ever experienced either in mining or oil development. Mining Record. |