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Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, August 06, 1932, Image 8

Image and text provided by Montana Historical Society; Helena, MT

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn86075103/1932-08-06/ed-1/seq-8/

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PROVEN OIL
trout Pan Own
Bear» Den structure is in the
the Sweetgraas Hills, near the
Canadian border.
A wildcat weH on Dry Forks
well starred by J. H. Hamilton
and others in ,1914, in the
center cf the Sweetgres; Arch,
was deepened on i92' to the
bese ft the Madison or «he
The
top of the Devcnian.
formations were never defin
itely identified. Hdwever, the
Dry Porks well had a greater
showing of oil than was found
in any of the upper sands.
When Kenneth Frazer drill
ed a dry hole to the top of the
Madison lime in Kevin-Sun
burst field in Sec. 17-35-lW
in September of the same year
he determéped to look at the
horizon at which he found oil
at Bears Den. He drilled to a
depth of 3390 feet where he
encountered high " gravity
paraffin base oil. It was ac
companied by , terrific gas
pressure which Eventually
wrecked the rig and casing.
Texas Pacific jDoal & Oil com
pany took it over and attempt
ed to straighten it out, but
failed.
Texas-Pacific then located a
well on ft» famous State lease
in the Bast pool . of Kevin
Sunbunrt and prepared to test
the horizon at which Frazer
had twice found ÖH. The flow
of gas which wrecked the Pra
well likewise held up the
zer
T. P, deep test and the well
has been shut down for more
than a year, waiting for the
sras head to exhaust itself.
It flows periodically with such
terific pressure, that it has
several times wrecked controls
and on one occasion threw a
»bring of cable tools high
thé deride, wrecking
oyer
the rig. It k too dangerous
to work with étfUe took and
thus Kevin-Snohurst awaits the
rotary to go through this gaz
horizon to a Stratum where
high-gravity sfl, similar in
quality to thta feund in Turner
Valley, k known to exist. '
For a rotary, 3500 feet k
not "deep drilling,'' however,
it will test thé next probable
horizon below the top of thé
Madison lime. With 5,000
of drilling, all of the known
horizons of commercial oil pro
duction are to he found within
the Sweetgralts Arch and the
Sweetgrass Hilk structures.
Reporting the oil from deep
wells drilled the State Bureau
of Mines in Memoir No, 1
stated:."It is a paraffin base
oil, amber in color and with
light gravity about 45 degrees.
Analysk shows 34 per cent
gasoline 35 per cent kerosene,
25 per cent light distillates, and
6 per cent heavy semifluid,
para fin wax.....'
The composition of the De-,
vonian oil, a light oil high in
gasoline, indicates that it is not
feet
%
i i
OIL!
Two magic words that will spell fortune to those
who keep in touch with them during the next few
months.
Oil prices are soaring—wildcatting k starting with
a rush—new fields wil he brought in, carrying thous
ands to riches on a flood of oil.
In the Montana gold fields, a similar scene k being
enacted. Medern mechanical methods are opening new
vistas of profit in old mines and old placer diggings.
New strikes are being made. Activity k increasing.
Have you a friend who would be interested in keep
ing in touch with the situation! DO HIM A FAVOR!
Fil oat the coupon below, good for one month's
FREE
TRIAL SUBSCRIPTION
TO THE
Montana Oil & Mining Journal
No obligation—fill it out today!
th
ou ft Mining
tear wsatajfcjsSjto:
Sftmc
SttreM or Box..
Otty
NOTE—'If you wish the Journal sent to more than on«,
write the namas »ad addresses plainly on a separat« sheet
and mai! to pe with the coupon.
— State_
MON IAN A Oil and MINING JOURNAL
■;
V
Hunt "Kg One
North Field
u
JJ
Hunllng the "big one"
which to sure to be drilled in
some day by the operator
fortunate enough to find a
crevice condition in the
"high'' of Kevta-Hunbumt,
Meyers A Johnson are drill
ing at past 500 feet In
their well in 10-84-1W,
Poatbllitl.es of this region were
SAY SINCLAIR
NOW CONTROLS
RICHFIELD GO.
Henry Lockhart, ' New York
banker, this week announced
the sale of the aaset? of the
Richfield Oil company to the
Consolidated Oil corporation,
Harry F. Sinclair organization,
for approximately $22,250,000.
Lockhart said t^ie consolidated
offer was formally accepted by
a committee representing the
Richfield bondholders, Pan-Am
ertcqto bondholders and unse
cured creators of the Richfield
company, which has been in
equity receivership. The action
complete three months of nego
tiations.
The offer was accepted two
hoars before the expiration of
the limit set by «4>e Standard
Oil Company of California bV Ms
original offer of approximately
$17,000,000,000 for Richfield
assets.
The Consolidated offer consist
ed of $17,500,000 in 6 percent,
16-year Consolidated Oil deben
tures, $2,600,000 in cash, 300,
000 shares of Consolidated com
mon stock, $600,000 for com
mittee expenses, and up to
$6,000,000 to satisfy dissenters
to the. plan.
It was explained the $22,250,
000 figure was based on the
assumption that not ail the
a residue left behind after the
escape of a main body of oil
GREAT FALLS
TO
SALT LAKE CITY
by TELEPHONE
$1.95
After 8:80 P. M. Only
$ 1.10
»tütion-to-atfttJon ratet
Ask "Long Distance" for
others yon nmy want
TELEPHONE
revealed some years «go when
■was
the Betbai-Adams
completed on a leas« about
> of
three-quarters of a
the Meyers 4 .Johnsea
The Bethal-Adara* hr«S
it.
ie la
as the greatest gtuum ever com
pie ted in this «tat«, flowing
78,000.000 cub)<- feet 4p41y
a crevice in the top of the lime.
Ie dis
Somewhere in this
! trlct, operators believe a well
will be drilled which will have
oil with the same tremendous
pressure behind It as wa>- found
in the Bethal-Adama,
Another two weeks 4« pcpected
to- determine if Meper's and
J^hnao^'s location is the lucky
one.
— 71 ^—
GRUBSTAKES FOR
MINERS
ED
Ways and means of
ing those who took part In the
gold placer mining school of in
struction were disc
weekly meeting of the ;Co? mo-|
polltan club by some of the stud
ents themselves and by members
of the citizens relief committee.
It was pointed out that-then are
several men in Great Falls who
have placer claims who might 'be
itak
I at the
willing to employ some of thee*
students to work their land on a
royalty basis
those haring euch cJafts|
Its mining committee, j
B. I»*4Reinm«tz, a i
The chib urges
*b notify
er of
the executive committee of the
relief organization, stated- thaï an
effort would be made to devise
some plan of grubstaking those
who are sincere in their efforts
to follow up tbeir instruction by
actual operations in tbe bille.
He asked that a list of those tak
Ing the training course l>e pro
vided the committee.
$5,000,000 would be
satisfy those opposing the
ganization.
to
Ws
New Map
A
\
District
Shows location of wells north of Cut Bank and east
of Blackfeet Indian reservation, including Montana
Pqwtr-O'Neil gassers, Drumheller Discovery well, new
Tarrant producer which extended field mile and a half
outh, and others.
Covers approximately four townships.
Gives initial production or present status of each
I
well.
f
These maps are approximately 14 by 22 inches in
size and cover more than four townships.
Limited supply at 50c each. Dozen lots, $5.
*
SUPPLY DEPARTMENT
Montana Oil and
Mining Journal

-y '
GREAT FALLS, MONTANA
*
«
GOLD STOCK
York Stock Exchange—Horn«
stake Mini»* and Alaska Jan
eau—have advanced rather
taculariy and ft 1« notable that
gold mining etodks are also
attracting a large public fol
lowing In the nation.
No bmioem is so profitable
a* gold mining
I
TREATMENT
(CoatlattM from Pa«* 8*v*n)
t. Comparative coats
3. Mine tonnage development
4. Availability of capital for
(instruction.
Small mine operators are In
clined to over estimate the ton
nage possibilities and to under es
timate the first coat of milling
equipment Too much emphasis
can not be placed on the advan
tage* of fully developing the ore
body before Investing in mills
which, with change in the char
acter of the ore, are often use
less.
(
FREDERICK C. GILBERT,
Metallurgical Engineer,
Butte, Montana.
.
<• , ««a
M3ARL J. TRAUER MAN.
Mining Engineer
Butte, Montana
July'l2, 1932
BOWLES NOW
IN l«Sf«ESS : ?.
■FOR HIMSELF
Charles K. Bowles, Mon
tana manager for the Gladys
Belle OU Company daring
the early days of state oil
development and recently
publicity director for the In
dépendait Petroleum associa
tlos, hm resign <-d to open a
petroleum publicity office at
1MB Kennedy Building. TnJ
SEND A CONTRIBUTION TO
THE 8UNBURST BADGER
«
fBSSBSSKÊB
Haven For Cable
Tool Men Found
Until the new Elk Pork pool of West, Virginia and the
new Matamora*, Ohio, field came into existence recently, it be
gan to look as if the day of the standard, or cable tool driller,
was over. ,
The oil found in the vicinity of the Ohio river, in the
extreme western part of the old Appalachian field, and where
Penny] vania grade oil is produced, yields 48 gravity oil, and
the wells are drilled with light standard rig«.
News of the discovery of oil in the two areas, spearated by
the river, caused a trek from Oklahoma and Kansas of hund
reds of cable tool drillers, it is learned. The disappearance
of the standard tool men was revealed during the past wek
when contractors began to look about for certain drillers, tool
u ressers and roustabout«.—Taka "Daily World
* '
International Refining
Company
REFINERY AND OFFICES
Sunburst, Monta»*
Producers of Gasoline from
Montana Crude Exclusively
es
—.—,—

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