|
<br />
<br />.
<br />
<br />.
<br />
<br />line extends from the Parodox. Basin, Utah to the company I s Kirtland
<br />plant in San Juan County, New MeXioo.
<br />
<br />In the Four Corners area (New MeXico, Utah, Oolorado, and Arizona)
<br />monthly averages of 104 new wells have been "spudded" and 97 WOHR have
<br />been completed; oil and gas reserves of the area have been. :1.uC,L'E;lloSe,d
<br />substantially. other additional gas reserves have been esta1JliiO'hed in
<br />Rio Blanoo, Garfield, and Mesa Count~.('", Colorado; Sweetwat,,/, aod
<br />Lincoln Counties, Wyoming; and UinkdJ, Carbon, a.nd Gra,ld Ccun:tidG,
<br />Utah. In Oalifornia oil-field exp:!.oI"ction oenteJ'cHi in the Buena '{flr;ofJa
<br />Hills and the North !ejC)1 area in 1(.;>1':; GOUl1ty. S1:.b:Jt3ntial oil di";co'iT-
<br />eries 'Ivere made in the UriSlvold 11i11'; in San Ben': 'W Gounty and, mu(\o
<br />more signifioant, by the Standard-RiaiblE'> Offshore W0l1 No. 1, SUl1ll1\3J~JG'Ud,.
<br />State, in southeastern Santa Barbara r.ou.'1tj'. On in::.tial test this 'l~''''.!.l
<br />yielded 865 barrels of oU"per day at a gravIty of )60, from the S",SjY'
<br />sand at a total depth of 7,228 feet. The well cost $12,000,000 includ-
<br />ing a $7,.250,000 bonus for the lease. 'Several more wells must be drilled
<br />before the discovery' ean be evaluated reasonably.
<br />
<br />MineralLeasing.- In Colorado, the .37,50O-~ REA'steam-eleetric
<br />plant of the Colorado~Ute Electric Associ~tionis 'nearing completion at
<br />Nucla; Union Oil Company has clcsedits experimentaloil-shale'mine and
<br />plant on Parachute Oreek, Garfield County, T. 5 S.., R.95 W., .
<br />
<br />In Arizona, prospecting on the San Xavier Indian Reservation by the
<br />American Smelting and Refining Company has revealed substantial deposits
<br />of copper ore; a mine is proposed to be c;>pened on adjacent l,and. Pros-
<br />, pectdrilling by the Kerr-McGee Oil Industries on potash pennits in the
<br />Red Lake a.rea revealed a thiok deposit of salt. '
<br />
<br />In Utah, prospeot drilling ;for coking coal in the Ferron formation
<br />(upper Cretaoeous age) has been undertaken by two compa.n1es in the
<br />vioinity of Prioe. The formation is approximately 1,200 feet below
<br />land surface. In the Lisbon Valley area, SanJuan County, the Superior
<br />Oil Company is proSpeoting for potash deposits. This locality is about
<br />35 miles southeast of the Delhi-Taylor au Col'poration operations.
<br />
<br />In Nevada, several lease :ap:plications 'N'&, received for guano from
<br />limestone caverns ,nearEly. These deposits range from a few tons to
<br />several thousand tons, and are of marginal grade. Leases in the Overton
<br />area produced about 6,000 tons of silioa sand. No mineral p~ction
<br />was reported from the Lake Meade Recreation Area. In Nevada and
<br />California, 597 sodium -permits anct,.300 Potash permits were in foroe at
<br />the end of the year . Most of the interest appears to be in sodium
<br />bora. tes.
<br />
<br />In WyOming, the Intermountain Chemical .company has recessed its
<br />solution mining of the trona. deposits in Sweetwater County. The
<br />Diamond-Alkali Company h<lS completed two oore holes tp, delineate the
<br />'areal extent of the deposits. ' ,
<br />
<br />2.
<br />
|