Show oil gusher struck on utah colorado borderline cortez colo an oil well that promises fabulous returns on the basis of early production hasteen has been struck 25 miles northwest of cortez in montezuma county on the utah border it was announced on saturday officials of byrd frost inc of dallas texas major 0 i I 1 I 1 corporation said that the well named the western natural byrd frost driscoll no 1 is flowing cubic feet of gas and barrels of distillate per day A byrd frost official said that after the well was blown the flow of oil increased so rapidly that it was impossible to control the pressure and volume in any way tanks ranks and separators were ordered out of texas to take care of the flow the strike was the f first i r s t major oil discovery in colorado since the extremely rich langely rangely fields opened in 1933 the new well was studded in march 1948 and was originally drilled to a depth of feet then backed up and blown to two other depths there had been previous indications of gas but the first oil was noted on thanksgiving day about three months ago a rotary rig was set on the well which is being drilled by the mcconnell dri drilling ailing company des eret News |