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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 15, 1922)
PAGE THREE rom rose -J EXTRACTED BY THE NEW HARTMAN PROCESS - A New Industry That Means a Big Payroll :-: A Dividend Payer :-: A Safe Investment 11 II HAVE YOU EVER STOPPED TO CONSIDER 1. That the output from OIL WELLS is fast diminishing. 2. That the average production per well in the United States is 41. barrels of crude oil per day. 2. That there is "billions of barrels" of the highest grade oil lying on. the surface of the ground, saturated in the shales. 3. Thatitisasimplemanufac-i turing process to- recover such oils.. 4. That it can be recovered at; a small percentage of well drill-, ing cost. WHAT IS SHALE Our Geologists,, our Govern ment and our great oil men have known for several years that there .is "billions of barrels" of OIL locked up in the. rocks and hills of this country,, not in the form of PETROLEUM, but in the. "SHALE." Briefly,. SHALE is the same material from which Mother Earth made all our Petroleum. . It is proposed to treat thq Shale in the same way by heat DIS-' TILL ATI OX. SHALE is a rock resembling" slate in appearance. Geologists tell us that it is a sediment de posited millions of. years ago at the bottomof . a great shallow; sea. This was followed by the. Iceberg Age,, which brought A down an enormous mass of vege- table matter and deposited upon the floor of this shallow sea. With the cooling of the Earth's Crust, this sea was ultimately dried up and the millions of tons of fish therein were stranded and deposited upon the vegetable matter mentioned. With the interior of the Earth still hot near the outer crust, there was a DISTILLATION of this great mass of vegetable and animal deposit, irom which our i Petroleum, as we receive it from j ! the Oil Well, was made. However ! billions of tons of this deposit was left intact,1 having, escaped; from this distillation by reason pf its being thrown up intq high( hills or mountains owing to the' bending of . the .Earth's -crust-This latter is OIL .SHALE, and this is the material we, must look; to for our OIL supply of the fu ture. ; The Rogue River valley is f or ' tunate in having an enormous .body of OIL SHALE lying in its mountains, which ' is extremely rich in Oil and Gas, ; The devel opment of this industry means a new era of prosperity for the val ley, and the community at large is fortunate in having millions of feet of gas waiting tp be utilized for domestic purposes, at a cheap rate. RECOVERY OF OILS The "Man of the Hour" ap-' pears in EMANUEL W. HART MAN, whose patented Reduetion- i Retort for extracting the oil and gas from the . Shale , l'ock, has ; startled our Government officials and the far seeing, oil . men of this : country,. Canada, - Scotland and elsewhere. ", 'At least, by this process, the great obstacle in the .way of the: commercial ;. production , pf SHALE OIL has been removed. THE HARTMAN PROCESS is automatic, fool-proof and con-, . tinuous in its operation. It is constructed on .correct scientific principles, and produces the,max imum amount of oil and gas from, the Shale at an exceedingly low cost. THE RETORT is fed a steady stream of crashed Shale through a trap, which passes down on, to the top deck where it is picked up by a traveling agitator and car ried, round the. complete circum ference of the; first deck, being ; then dropped through a slot on to the second deck, again being carried round in the same . man ner to the point where it is drop; ped through on the third deckh and so on down through the ten (10) decks to the outlet, where .it comes, out in the form of Spent Shale or. Fireclay-. -As the SHALE passes over the first deck (where the heat is from 300. to 400 decrees Fahrenheit) to each succeeding deck, it is con tinually tumbling over and over by the traveling agitator as it progresses from deck to deck the heat increases until the tenth deck is reached where the heat is ' , 1000 degrees Fahrenheit. Every particle of oil and, gas has been educed off instantly, in tHe form of vapors by a vacuum, and is precipitated by cooling in the condenser, thereby being re duced to liquid crude oil and gas. , PRECAUTIONS FQR THE FUTURE The action of strong financial ' .organizations, such as the Stand ard Oil Company, the Pure Oil Company, the Carter Oil Com pany, the Midwest Oil company and the. W.. P- Hammon Organi zation in this country ; the Anglo American and the-Anglo-Persian Oil Companies of London, Eng-; land, , andt the" rVar Coal and Oil Company of France, points uuer- ..ringly to the fact that these com panies realize the future supply ; of Oil must ,. come down the ' SHALES. . ' The Shale Oil ; industry has been earned on in Scotland for over sixty (60) years on a very profitable . basis, which proves that it is commercially economi-. cal. :- . Later on Leases or-Purchase of Oil Shale lands will be diffi cult to obtain to say nothing of the Royalties that will have to be paid. ; ' , The HARTMAN RETORT is becoming more difficult to obtain , every day and the'day is not very tar distant when it will be impos sible., to secure except on a high. Rayalty Basis. ' object of the hartman syndicate on the pacific coast; This Syndicate has been form ed for the purpose of i - Acquring Oil Shale Lands. Extracting Oil and Gas from Shale. " Refining Oil for the nftirket. . Cleansing gas for the market. , Putting product on the market. Representative for the HART MAN RETORT West of the Mis sissippi. The Syndicate has . acquired spine 3000 acres of Government . land, on lease, in, Jackson county, Oregon; which irom work done on the property, . by means of Open Cuts,' proves up a very large tonnage of Shale of an ex tremely rich quality. We have also acquired by pur chase other very rich land adjoin ing the above. At the .present date we have sufficient acreage to . operate' twenty (20) Hartman Retorts, of, 250 tons capacity each per day, for one hundred years. The yield of oil and "gas from these lands will be enormous and of a very high grade. The analy sis shown further on. will satisfy you as to this statement. It is the intention 'to pipe the gas from the plants so that every- . mm .;i,.i,.i.,i i iiiiiiiiiiiiiiiiiiiiiimiiiiiiiiiiiiiii mmmmmmmmmmmmmmmmmtt. THE HAHTMAX KirrOISX AXO ITS IXVEXTOR SUMMARY OF PROFITS ' OUTPUT OF RETORT PER DAY, 250 tons of. Shale at two (2) barrel per ton (average of Shale, on, Syndicate holdings) 500 barrels. At 42 gallons per baiiel 21,000 gallons of Crude Oil per day. ,.011 Gasoline Kerosene Oil Gnsollno . Kerosene Lubricating ..Per cent.. Gala. Day Gals. Day Dally Crude Refined : Output Oil OH O 2!,MX )HM an 21,(hhi , sum ' 4C - 21,000 . 8400 Gross Earnings t $ 5T-00 t.fl.moo lO.OHO.OO . $12,285.00 Maintenance . Operating Expenses, 18 . tHI.Ttt lO.l.Htt ' 1 ,008.00 Market Value Per Oat , . .20 1.20 Net Earnings $ - 510.30 1,474.20 0,0-72.00 , ll,n.30 TOTAL NET DAILY PROFIT $11,056.50 However, to be conservative cut this figure in half, which would mean that the profits from one Retort would be $1,190,170.60 yearly. We are offering the. public a limited number of shares of common par value $10.00 a share, fully paid and nori-assessable. , The proceeds from the sale of stock offered at this time will be used in paying for the first Hartman Re tort of 250. tons daily capacity; for the purchase of, equipment, building road and installing pipe lines for oil and gas. . '. Should it be necessary to sell anv additional stock for the erection of succeeding units (which is not probable, it will unquestionably be sold at a very much higher figure. For further information address, Hartman Syndicate of the Pacific Coast 29 First Street, Ashland, Oregon. MANAGEMENT The vital factor of a successful business is the men at the helm. The officers of this Syndicate are ; , men of . experience in the Con tracting, Engineering and. Gen eral Merchant industries. The'; have their own money invested in the enterprise the same as any ) other investor. ; SUBSCRIBE NOW! Get in on the Ground Floor one will be able to use it for do mestic purposes and at such u rate that it will be within the bounds of economical use. We intend to proceed immedi ately with the erection cE. One, Retort and from, profits to con-, tiuue.ou with the.et'ectiou of oth ers until we have a battery of from ten (10) to twenty (20) .cm the properties; at the same time a pertain percentage uE the profits will be set aside for DIV IDENDS. . At the present time we are sur vaying a road into the property and on completion of this survey we hope to ..start .construction immediately! We are also locating the route over which the pipe line will come and, the gas main. Wc are fortunate that our system of pipe lines' will all be on a grade in fa vor of the flow towards the rail road, thereby doing away with having to pump the oil.-.". ANALYSIS OF JACKSON i ' COUNTY SHALE ON . SYNDICATE HOLDINGS . FALKENBURG & COMPANY . Chemists, Engineers. Seattle, Wash., June 28, 1922. . Certificate No, Mr. W. H. Hartman, Ashland, Ore. Dear Sir: ' WE HEREBY CERTIFY That we have analyzed sample of SHALE OIL SUBMITTED TO US BY YOU WITH RESULTS AS. FOLLOWS : DISTILLATION Bellow 1&& (leg. C. &Gasoline lafl to 200 deg. C. U f 200 to 250 de&.-fc. 12?i! Kerosine 39 250 to 30tt deg. C.-lSf S00 to 400 deg. C 40'Lubrleatlng Qua . Above iOO deg. C, Specific Gravity on crude oil .922 at. 60 deg. ;F., which .is: equivalent to 22.0 deg. Daume. Specific Gravity at ,60. deg. F of lubricating oils .944,. which is; equivalent to 18,3 deg, Baume, Viscosity on lubricating; ciils,1 35. seconds Say bolt at 212 deg, F. , Respectfully submitted, Fajkenburg & Company, , , Signed) ; a W, C. Loird OPINIONS ON THE HART MAN RETORT The following opinions of men well known in the oil. world. are. worthy of, your attention; SHERMAN GASOLINE COR PORATION, 1630 Broadway New York. December 24, 1921." Mr. IL C. Ilerrick, 611 Mutual Life Bldg. Buffalo, K.Y. . Dear Sir; My reeent visit to Buffalo , to look into the' possibilities of the HARTMAN RETORT ,f b the extraction of oil : from shale, and oil bearing sands leads me to say to you that I have examined many processes, some directly and some by merely going over the plans. ' I have in the past con-! demned every one of them as either impractical or uneconomi cal,, principally the latter cause. iTbe - extraction , of oil from . shlf is verv siiwtIp. bsit. f o. do it I along economical lines is entirely another matter. The HARTMAN PROCESS from my knowledge of the, oil business, leads me to say that I . believe it to be the last .word. i :, this industry; by . this, L mean that I do not believe it can be nn-, proved upon other than perhaps hi the lino of building larger Re-J torts to get gi'eater capacity in. tme unit. 1 cannot sec anything but ft tremendous future for this line of business with the HARTMAN' RETORT properly installed, and I believe that will ultimately produce a revolution in the oil business as we know it today.' Yours truly, (Signed) Geo. B. Gifford. Note: Mr. Giffovd was with the Standard Oil Company for thirty years. He was- General Manager and Chief' Engineer of the Bay smiH Refining Plant, of the Standard Oil Company, this is tlie largest plant of its kind hi the world,, having a daily capac ity .of 100,000 barrels. His repu tation is world wide and this statement can very easily be verified. - , Mr. ififfurcl is now head of the i Universal Shale Products Cor- poration, New -York; also Presi- . dent of the Sherman .. Gasoline : Corporation. THE DEVON OIL SHALE PRODUCTS COMPANY, 1 Cmrinnatv Ohio . . September 19, 1921. ? Miv D. Laurence Heeter, . -281 Union Amtde BIdg., , Pittsburg, Pa. i Dear Sir: .' : ' Dining the last two years and a half that I have devoted to the , Shale industry,, 1 have made it a special point to either personally -see .,' or .otherwise , investigate eyery apparently worth while retort that has , been brought ; to r my attention. I have covered the ground iii ' person between New York City in the East and De Beque Colo- 1 rado, in the, West, in the course of my investigations, but never until last Friday, did I find what ! I considered to be a real, praeti-r cal, commercial. . Shale Retort. : Most designers seem to entire-, ly forget the theoretical require ments for. the education process '', necessary to produce an OIL OF GOOD QUALITY. As a conse quence a gunuiiy, burnt oil full at. unsaturated hydrocarbons is prbdttced, which might - at the1' very best make a good dust layer for automobile roads, - or if by chance their retort happened to make good oil, there was a. me- . ehanieal ( complication that for- ; ever prcyentect it being a practi cal proposition My recent thorough inveetigar . ' tion of the HARTMAN RE TORT, convinces ,me that .it is : the ultimate in retort design and construction. ' It will nnqnes tionably produce an , oil of yery high grade, it will do it easOy ,'jand rapidly and the mechanical design of it gives . a , inaehine . .which once started will run con- tinuously with minimum atten- ' tion. ' , . . .. -.i f Though we have already spent several thousand dolalrs in the partial const met ion of a retort of another type on our proyerty at Clay City, I shall tomorrow rec ommend to my Board of Dtree- . tors that we abandon that retort ' and adopt the HARTMAN PRO CESS.; I believo that I will, be able to convince them ancL. if so . yoUiiaay expect Mr. Dean, our General Manager, and myself at your office in the immediate fu ture to complete '''arrangenients ; , whereby , we can use your sysr tenu .Respectfully yours, - :, (Signed) S. E. Barnwell, .A ' , Chief Enginejtr. This company is at present : erecting four Hartman, Retorta ' inKenttteky. ; - tit