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Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, November 16, 1946, Image 2

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

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn86075103/1946-11-16/ed-1/seq-2/

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Montana-Dakola May Acquire
Subsidiary-Owned Facilities
WASHINGTON. D. C.—The Federal Power commission has re
ceived an application from Montana-Dakota Utilities Company,
Minneapolis, Minn., requesting authorization to acquire facilities
in Montana and North Dakota to be constructed or acquired by
Fidelity Gas Company, a wholly-owned subsidiary of Montana
Dakota.
Montana-Dakota has also asked
F PC permission to assume a $612,
500 installment note, due 1966, is
sued bv Fidelity Gas Company to
the United States of America to
cover advances made by the govern
ment and to assume the ind<
mortgage securing the note,
which indenture is between Fidelity
Gas Company and the Marquette
National Rank of Minneapolis, as
trustee.
Fidelity Gas Company has been
inactive for some time but is the
designated operator under a unit
plan of development in the Bowdoin
gas field and holds title to minor
accounts of gas acreage. It has made
arrangements with the government
through the rural electrification
administration for construction of
the electric transmission lines in
volved in Montana-Dakota's
cation. Under the agreement with
the government, the lines would
be conveyed to Montana-Dakota be
fore energization so that Fidelity
Gas will not at any time be engaged
in the electric utility business.
Facilities to be constructed by
Fidelity for acquisition by Montana
Dakota include 33/57-KV transmis
sion lines from Williston, N. D., to
a junction near Zahl, N. D., with
extensions to Noonan, N. D., and
Antelope. Mont.; from Kincaid ,N.
D„ to Bowbells, N. D.; and from
Glendive. Mont., to Dickinson. N. D.
The cost was estimated at $1,014,453.
Montana-Dakota operates an elec
tric utility business in Montana,
North Dakota and South Dakota,
and also distributes natural gas in
these states and in Wyoming. The
electric transmission facilities to be
purchased w ould be used to provide
further service to the rural areas in
which the facilities are located.
Bv late August, the new Rangely,
Colo., oil field had 94 producing
wells with only one dry hole.
enture
I f
li
Home Oil & Refining Co.
specializes in:
* Motor gasolines
A Diesel and tractor fuels
* Road oils and asphalts
Refinery & General Offices: Great Falls. Mont
Bar Group Hits
FPC Activities
WASHINGTON—Still another at
tack upon the embattled Federal
Power commission for its activities
in regulating the natural gas in
dustry has been delivered by the
Committee on Natural Gas of the
American Bar Association.
The bar association group has
found "nothing of substance" to in
dicate that the FPC has modified
or changed its views and practices.
The government agency continues
to follow "the theory that the de
termination of both the extent of
its powers and the manner of the
exercise thereof are purely 'admin
istrative prerogatives,' " the com
mittee complained in its annual
report.
Water in gas tanks resulting from
moisture condensation can be
picked up by a chemical added to
the fuel and dispersed through the^
gasoline in such a way that com
bustion is aided. These "soaps" are
water-pickup agents of the polye
thanolamine series. .
Alaskans are served by more air
planes per capita than any other
people in the world.
Havre Merchants Association
Credit Reporting
Collections
Loans
We Cover North Central and
Northeastern Part of Montana
Z05 Masonic Temple Building
Havre, Mont. — Phone >7S
Member of Associated Credit Bnreans
of America
Husky and
(Continued from Page 1)
, pleted another gasser 514 miles to
the northwest.
Drilling in this area has been
principally to shallow horizons with
no tests made of the Devonian, pro
ductive of oil in the Princess field
120 miles north of the border, and
of high pressure gas on Texaco's
Utopia structure, to the south.
Plans are reported under way to
gathering facilities in
to provide an outlet
extend gas
the district,
for wells now shut in.
Send a contribution to the Sun
burst Badger.
TO FIND OIL
DRILL FOR IT!
Of interest to operators in general are the remarks of an
official in the producing department of the Standard Oil Company
of New Jersey, as reported by the Oil Forum of New York city.
After reviewing the abundant supply of coals and shales from
which oil may be obtained, the writer declared;
"Greatest opportunities and prospects for increased oil pro
duction lie not in development of substitute fuels, or application
of secondary recovery techniques on a more widespread scale,
BUT RATHER IN EXPLORATION FOR AND DISCOVERY OF
NEW OIL FIELDS."
"This," he added, "is becoming a much more costly operation,
but one that is justified by the stakes involved."
And he added:
"With every firm rise in oil prices—say 15, cents a barrel—
there will be increased incentive for venture capital to be ex
pended in the search for new petroleum sources."
The talk is of interest to independents because it appears to
indicate the attitude of one of the nation's major oil companies.
, Independent oil men are still gun-shy after years of New Deal
injustice. They will be cheered to note the general temper of the
industry and the apparent realization that if the nation wants
A GREATER OIL RESERVE, it can get it.
, But the price of crude still needs some adjusting, to bring
returns more in line with the increasingly heavy expenditures
involved in discovery and production of crude oil. And the signs
are many that such increases in crude prices are on the way.
This advertisement Is one of a series, sponsored
by Montana independent oil producers, to acquaint
the producers with facts vital to their-welfare, and
from time to time to acquaint the public with some of
the problems now confronting this vital industry.
These advertisements win be continued throughout
1946.
Important Announcement:
IMPROVED BRAN8FORD MAP; This 50 by 36-inch map shows
every wildcat ever drilled In Montana, designates the section in
which it was drilled, gives total dep*h, and by symbol i nd i cates
whether It was dry or showed oil or gas.
IN ADDITION, this map has now been altered to include a
correlation of Montana, Alberta and Saskatchewan range numbers
along the entire Montana border.
ALSO this map gives outlines of all Montana oil and gas fields,
shows location of all principal anticlines, gives county and town
ship boundaries, and names county seats.
PLUS two cross sections showing geological formations In two
areas, one extending from Glader Park to Bowdoin dome, the other
taking In the section eastward from the Elk Basin field through
the Baker-Glendive anticline.
Information on this map is CORRECT. Every well shown on
the map has been checked against the log records of the Montana
Oil Conservation Board.
AND FINALLY, this map is corrected and brought up to June,
1946. It may be seen at our office. Price $5.25 for paper, $8.75 for
map with linen backing.
MONTANA OIL JOURNAL
Supply Department
P. O. Box MOO
518 First Avenue South
Great Falls, Montana
Growth of American investment
in foreign oil has been rapid. In
1919, the total was $339,000,000; In
1929, $1,400,000,000: today it is $2,
500,000,000.
The extended use of synthetic
rubber has resulted in a 30 percent
increase in the demand for carbon
black this year; 1946 carbon black
production is expec
1,365,000,000 pounds.
ted to reach
Tool© County
Abstract Company
LICENSED BO TOED
ABSTRACTORS
IHEUT
MONT AHA

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