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299,146 U. S. Wells Were , Jan. I, 1946 99 Strippers « The National Stripper Well as sociation and the Interstate Oil Compact commission have complet ed their fourth survey of stripper wells with data from 22 oil produc ing slates for 1945. The survey for 1944 was presented at the winter quartely meeting at Wichita. Kan., in December. 1945. As in previous surveys, a stripper well is defined as a well whose production expenses approximate income which pei an uneconomic deep well with stantial production to be classified as a stripper well. According to a summary by E. G. Dahlgren; "With 421,447 producing oil wells in the nation as of Jan. 1, 1946, a total of 299,146 or 71 percent are classified as stripper 1945 total exceeded the of 296,388 wells by 2,758 wells, but the increase of 8.582 producing oil wells reduced the percentage of stripper wells from 71.8 percent." ( Dealing with Montana alone, the report shows that as of Jan. 1, 1946, this state had 1,985 stripper wells, with an output of 2,659,709 barrels during 1945.) "In 1945 these stripper wells pro duced 230,688,764 barrels of oil or 13.5 percent out of a total United States production of 1,710,971,000 barrels. The average daily produc tion per well was 11.1 barrels for all oil wells and 2.1 barrels for the stripper wells. "It is interesting to note that the stripper well acreage of 3,104,410 acres comprises about 46 percent of the nation's oil acreage of 6,719, 891 acres. Producing oil wells aban doned in 1945 were 9,103, a decline of 297 from the 1944 total of 9,400 abandonments. One assumption for the decline in abandonments might be attributed to the federal com pensation payments which enabled stripper wells to maintain operation. "It is estimated that the 9,103 pro ducing oil wells abandoned in 1945 left a total of 18,626,927 barrels of recoverable oil. The 1945 total ex hibits a favorable trend from previ ous years when 34,000,000 barrels were left in 1944 and 44,000,000 in 1942. "Item 8 in the summary shows interesting data about estimated additional reserves which may be recovered from stripper wells by secondary recovery methods with price increases of 25 cents, 50 cents and 75 cents per barrel. "Following are the estimates for the United States; "Increase of 25 cents per barrel. 335,169,050 barrels; increase of 50 cents per barrel. 1,255,666,241 bar rels: increase of 75 cents per barrel. 1,825,277,669 barrels. "It is generally conceded that there is at least 3 billions of oil reserves that can only be produced by secondary recovery methods. It is also recognized that present pri mary and secondary recovery meth rmits sub wells. The 1944 total Expert, Experienced OIL INSURANCE Service and Advice Workmen's Compensation Oil Lease Bonds All-Risk Liability Blanket Fire insurance Miscellaneous Coverages "Coll a Man in the Moon** I Write, Phone or Wire. Collect MOON AGENCY, Inc. Great Falls, Montana Phone 6858 ods produce not over 50 percent of our reserves. Additional price in creases and more secondary recov ery research are necessary to recover the major portion of these reserves." U. S. Oil, Gas Leases Issued Notification hag been received by T. F. Corbally, register of the Great Fall« land office, of issuance of oil and gas leases to the following, with Word that the leases have been delivered to resident counsel of the ap plicants: Arthur H. Perkins of Wauconda, Wash., for 640 acres in Sec. 15, 18, 3. 6, 10, Twp. 30 N., Rge. 34 E.; Sec. 35. Twp. 31 N., Rge. 33 E. Arthur H. Perkins, 560 acres in Sec. 26. 27, 35, 29, 28, Twp. 33 N., Rge. 34 E. Mathew H. Casey of Wauconda, Wash., 957.41 acres in Sec. 8, 9. 17. 19. 31, Twp. 33 N., Rge. 31 E.; Sec. 5. Twp. 32 N.. Rge. 31 E. Mathew H. Case, 518.47 acres in Sec. 15, 29, 31, 34, 35. Twp. 31 N„ Rge. 35 E. Gertrude C. Verbeck of Dodson, Mont., 120 acres, Sec. 23, Twp. 33 N., Rge. 33 E. Mary Christopherson of Forks, Mont., and Gebevive J. Hart of Shelby, Mont., 40 acres, Sec. 31, Twp. 33 N„ Rge. 35 E. East Pondera Test Now 850 C. W. Stephens-Venetz No. 1, pro jected eastward extension of the Pondera field, this week was re ported making rig repairs at 850 feet. Objective is the Madison lime, and breaks in the Madison lime, all expected to be tested at about 1800 feet. Increase In Crude Oil Stocks Reported Stocks of domestic and foreign crude petroleum at the close of the week ended Dec. 14, totaled 226,966, 000 barrels, according to data re ported to the Bureau of Mines, United States department of the interior. Compared with the total of 225,419,000 barrels for the pre ceding week, this represents an in crease of 1,547,000 barrels, compris ing an increase of 1,432,000 barrels in stocks of domestic crude and an increase of 115,000 barrels in stocks of foreign crude. « OIL FIELD TRANSFERS Items from the records, of interest to the Montana oil fraternity. TETON COUNT* TRANSFERS By Teton Coanty Abstract Co. Choteaa. Montana ASSIGNMENT OF OIL AND CAS LEASES E. B. Emrlck to A- B. Chase and W. H. Smart, the se se sec 5, w sw sec 4, twp 26n rge 3w. Same to same, the nw ne, n nw. sw nw, nw sw sec 6, twp 26n ree 3w. Same to same, nw secs, twp 26n rge 3w. ASSIGNMENT George M. Begs, of all of the oil r - Thomas Carney to of the net proceeds of all of the the w se sec and gas produced and sold from 5. twp 25n rge le. ASSIGNMENT AND AGREEMENT Thomas Carney to Harrison D. Higgins, 'A % of the net proceeds of all oil and of all of the gas produced and sold from the w se sec 5, twp' 25n rge le. Same to Jacob M. Nelson, produced and sold from each and all of net proceeds of all of the oil and gas the wells hereafter drilled upon and within the w se sec 5. twp 26n rge le. H% of the TOOLE COUNT* TR VNSEKl! By Toole Coanty Abstract Co. Shelby, Montana JUDGMENT Landowners Royalties Co. vs. Laura Lee Barfculoo, et al. That platnUffs are owners of all oil and gas and other minerals In and under s se, s sw 21, w nw, w sw 28 36-2w, subject to right of Texas Co., under oil and gas lease. RELEASE OF OIL AND GAS LEASE Prevol & Shay to Gina Green, sw, w ne. e nw 11-35-4W. QUITCLAIM DEED Bill Oil Co. to Louts P. Donovan. H In terest In s 25-35-4W. EXTENSION OP OIL AND GAS LEASE First National Bank of Minneapolis to Hardrock OH Co., e e, sw ne 32. w sw 33-35-4W. FALLON COUNT* TRANSFERS By Fallon Coanty Abstract Co. Baker, Montana OIL AND GAS LEASES August Strauch to Frank H. Becker, lots 5n rge 60e. Becker, all sec 12, twp 4n rge 60e; w sec 8, twp 4n rge z, .e nw ana ne sec 1 », twp Martha Colbo to Frank H. 61e. ASSIGNMENT OP OIL AND GAS LEASE L. N. Jordan to Frank H. Becker, un divided V4 Interest In oil and gas lease on s sec 28. twp 5n rge 60«. We Are Interested in the Financing of OH Development-Production-Refining GREAT FALLS NATIONAL BANK THE V Great Falls, Montana A Montana Institution Since 1891 Member F.D.I.C. MINING CHEMICAL SUPPLIES Cyanide Aero float No. 25 Muriatic Acid Cresyllc Acid Sulphuric Add Barrett No. 4 Caustic Soda Zinc Shavings Zinc Dust Lead Acetate Litharge Pine Cm Bone Ash Quick Silver Zanthates Z-3, Z-4, Z-5, and 25-6 namld Re . 301, and Zinc Sulphate Copper Sulphate Sodium Sulphide American ( Nos. 208, Sodium Sulphite Soda Ash te And We Supply Cap Crimpers Cap Sealing Compound Trading WW . Connecting Wire Dvnami Blasting Caps Black Monarch Fuse Blasting Machines li Orders Filled Promptly MONTANA HARDWARE COMPANY BUTTE — GREAT FALLS GLACIER COURT* TRANSFERS By Glacier Ooaaty Abstract Co. Cat Bank, Montana PARTIAL RELEASE OF OIL AND GAS LEASE K. D. Pardee, et ux, to Arnold A. Tuma, et ux, lots 3 and 4, e sw sec 18, twp 37n RELEASE OF OIL AND GAS LEASE The Carter Oil Co. and Phillips Petro et ux, s sec *13: ; w ne, ne ne sec leum Co. to Leo Harris, se ne, se sec 26; w sec 25 35. twp 35n rge 13w; e sec 19; s ne. nw ne. e se nw, sw, w nw. w e nw sec 20; sw nw sec 21; nw ne, n sw. nw se, s se nw sec 28, twp 35n rge 12w; w ne, se ne, nw sec 13, twp 35n rye 13; e sw, sw sw sec 32. twp 35n rge 12w; lota 3, 4, s nw, e se, se nw se! e sw se sec 6; lot 1, sec 6; lots 1, 2. s ne, se sec 7; w w nw. w nw sw, n ne ne, ne nw ne sec 8; n n, se ne, s nw. sw se sec 16; nw ne, ne nw, n se nw sec 21, twp 34n rge 12w; e sec 15, twp 35n rge 13w; se nw sec 6, twp 35n rge 12w. DECREE G. E. Gallogly vs. R. C. Tarrant, et al. Decree quieting plaintiffs Utle to n sec 8, twp 34n rge 6w. LIBERT* COUNT* TRANSFERS MMl ( By Liberty Coanty Cheater, Me RELEASE OF OIL AND GAS LEASE Texas Co. to Tlllia Grauman, lease dated 5-1-43. All sec 23, n, n s, se se sec 24. twp 33d rge 5c. M-Scope and MT-Scope For locating of ore bodies, veins, pockets and faults. FREE LITERATURE upon re quest. Also contracted geophysi cal surveys. Latest pamphlet on geophysical prospecting illus trated for mining engineers prospectors, postpaid for 50 cents. Yon cannot afford to be without this information. Fisher Research Laboratory Palo Alto, California and