EIX MESFORD (OREGON) MAIL TRIBUNE
Wednesday. April 12. ISSO
Oil Resources of
Gulf of Mexico
Pay Handsomely
New Orleans (U.R) The oil
reserves under the Gulf of Mex
ico, which 34 companies have
spent $250 million to tap, show
signs of paying back the invest
mpnt with interest.
Fortv-three oil wells and 19
eax nnd distillate wells, drilled
through as much as 60 feet of
water, are producing in the gulf
between east Texas ana east ldu'
isiana. Fifteen more wells are
hetina HrillpH.
A. J. Vitter, chief petroleum
engineer of the California com
pany, said the 43 producing wells
have a total production of about
2,000,000 barrels a year. The 34
companies spend a total of about
SOU million a year in uic un,
Costs $30 a Barrel
i Bunrv hnrrpl nf oil the com
panies now get costs $30. Geolo
cists estimate, however, that
there are 5 billion to 10 billion
barrels of oil under the gulf. To
tal proved reserves in the whole
country as or last uecemoer oi
Muorn 28.378.501.000 barrels
Within five years, Vitter ex-
nMc i hn sulf area to be oroduc-
ing more than 40 million barrels
of oil a year. Then the $250 mil
lion investment will pay off. The
state of Louisiana also will prof
it. It already has to the extent of
S.14 million irom leases ana
tavpc
The 43 producing oil wells are
In nine fields. The 19 gas and
gas distillate wells are in 10
fields. Altogether ,the 34 com
panies have 1,868,000 acres of
under-gulf land leased.
Th histnrv of eulf oil explora
tion is less than 12 years old. In
1938. the old Creole iieia on me
coast of Cameron Parish was dis
covered. It was in shallow wa
ter and less than a mile off the
coast.
War IntarruDtt
The war interrupted oil opera
tions in the gulf and it was not
lint 1 Nov. 14, l47, inai xne
k-nrr.Mr-r.pp oil industries discov
ered another field, the Ship Shoal
Block 32 field, off the center of
the Louisiana coast line.
Since then, the gulf oil indus
try has boomed. Vitter said
drillers work in water up to 60
feet deep and he believes eventu
ally they will drop their drills
through water 600 feet deep. Be
yond 600 feet, the gulf abruptly
drops off into the Atlantic depth
and drilling wouia De imprnu-
"As a general rule," Vitter
said, "the current offshore op
erations are about three times as
expensive as similar operations
inshore, in terms oi me more ex
(pniv small rilatform and drill
ing tender operations, the cost of
a well is about one-third drilling
and completion, one-tnira arm
ing platform and one-third drill
ing tender and marine transport
ation. f?nta Different
"In other words, in addition to
the cost of drilling a well as n
would be inshore, a similar cost
for constructing a drilling plat
form and another simitar cost
for marina operations is re
quired." One platform drillers use is
t06 feet by 110 feet and contains
all drilling and production equip
ment needed, and housing and
dining halls for crews. It costs
$1,200,000.
This rig can be used to drill
teven wells. Another rig. the one
most commonly used, is 72 by 24
feet and costs $400,000. It can be
used to drill five wells, but also
requires a tender.
Hurricanes sweeping up the
gulf in the early fall have forced
oil operators to go part of the
way into the weather forecasting
business, so their boats and
barges can be hurried into har
bor before the wind and waves
hit.
The weather bureau helps, but
some companies have their own
meteorologists and radar sta
tions to chart the progress of
hurricanes and storms.
Flying Saucer Report
Opens Quiz by Army
Monterey, Cal., Apr. 12 (UP.)
An army Intelligence agent open
ed an investigation today into re
ports by sheriff's deputies and
others that they saw a flying
"saucer" near the army's huge
Fort Ord.
Deputies Ted Cross and Jim
Malnoy, a former aerial gunner,
were questioned for more than
a half-hour by the agent regard
ing the object they saw streak
ing across the countryside near
here Sunday.
The agent told the deputies
that all army intelligence opera
tives had been ordered to carry
cameras in their cars In an ef
fort to photograph the elusive
disks.
But. the agent said, "If you
had photographed it, wr would
have confiscated your film Just
like that."
Rogue River
Rogue River, Apr. 12 Mrs.
C. A. Parr entered Community
hospital at Medford Sunday for
treatment of eye trouble. She ex
pects to be in the hospital for a
week or 10 days.
Frank Dement arrived Easter
Sunday to visit the Dement chil
dren and other relatives in
Rogue River.
Mrs. Bcntley Shaw of the U
Do It laundry who has been vis
iting her sons and daughters at
Van Nuys and Burbank, Cal.,
was expected home Monday.
Rogue River Garden club will
meet Wednesday, April 12, at the
home of Margie Dunham on Sav
age creek and final plans will be
made for the flower show. Mem
bers will bring a sack lunch and
meet at Live Oak Grange hall in
Rogue River at 12:30 p.m. Cof
fee will be served by hostesses
Margie Dunham and Dorothy
Savage.
Mr. and Mrs. V. P. Whitmore
who recently purchased the
Farmer house on Oak street,
were visited, Friday by Mrs.
Whitmore's mother, Mrs. H. A.
Densmore of Gold Hill and two
friends, Mrs. Letha Huffman and
Mrs. Jackie Simmons of Riddle,
Ore.
Mr. and Mrs. Arthur Smith of
Shasta City, Cal., motored to
Rogue River, Friday to visit the
H. J. Hopper family and to in
spect their newly purchased
store. The Smiths and Hoppers
lived at Cottage Grove and the
four were friends before their
respective weddings.
Citizens of Kogue River nave
watched with interest while Paul
Hughes and Harry Rose worked
at the Triangle the past week.
The two men, under the watchful
eye of Mrs. Rose, spent many
hours carefully fitting and lay
ing the petrified wood, agates
and other native stones which
they used to build a simple but
picturesque drinking fountain in
the Triangle. It is a, memorial to
pioneer citizen of strong rug
ged character whose kindness
and integrity has left its lasting
mark on the memory and lives of
all who knew Kim. The marble
plaque on the fountain bears
these words, Dedicated to Sam
uel Mathis, 1846-1941." Plans for
dedication of the memorial will
be announced later.
Easter sunrise services were
held in Fellowship hall of Hope
Presbyterian church with at
tendance of over 200 persons,
most of whom remained to en-
Joy a sumptuous breakfast
cooked by the men and women
of the church and served by the
young people of the Fellowship
group. Special music was fur
nished by the adult choir, the
unior choir and 30 members of
the high school chorus under di
rection of Virginia Wcstcrfield.
Hall and stage were beautiful
ly decorated with Easter lilies
and jonquils under supervision
of Mrs. Carl Christcnson and the
stage background, a magnificent
pictorial scene furnished the text
of the Easter sermon by the Rev.
Everett Bowers. Group singing
led by the junior choir was fol
lowed by benediction by the
Rev. D. F. Bamctt.
Henry Kaiser Buys
Utah Fuel Company
New York, Apr. 12 (U.R)
rienry j. Kaiser Dougnt me
Utah Fuel company for $6,700,-
uuu at a court-ordcrea auction
here today.
His bid for the entire 100,000
outstanding shares of capital
stock of that company was ac
cepted subject to confirmation
by the New York supreme court
when Bernard Hershkopl, a
special master appointed by the
court, refused the request of a
rival bidder for a week's ad
journment. Jakarta, Indonesia, Apr. 12
(U.R) Rebel Leader Capt. Abdul
Azis, who seized the city of
Macassar in a lightning coup six
days ago, surrendered today in
the face of an Indonesian govern
ment ultimatum.
An
rvenr iou
W0N1
WANT TO
mss!
0"- I'M
at our store:
TONIGHT
AT 7:30 P.M.
THURSDAY
AT 10 A.M. and 2 P.M.
See and hear factory trained
experts demonstrate how the
newest home laundry equip-'
ment saves work, time, clothes,
soap and water.
News of 4-H
m r rnn
Upper Apolecate 4-H Scwine
club met at the home of Mrs.
Fred West April 8.
We worked on our oroiects.
then had a short business meet-
ng. We elected as vice-president,
5nnja Smith, and as secretary.
Christina Beard.
Refreshments were served by
Diana Skidmore.
Sonja Smith, Reporter.
I am '
THREE BIG SHOPPING DAYS ....
THRIFTY THURSDAY and RED TAG DAYS FRIDAY and SATURDAY.
REMEMBER SMART SHOPPERS SHOP LEONS ALWAYS
.O mm,
i
Vv. Ova' ' 4
5
Dead Una Sundav
Noon Saturday!.
Clan if led la al
PLAN TO ATTEND
BRING A FRIEND
Osaful GHts to Ivery Guest
Plus Door Prizes
Prosented by your
BENWX automatic WASHER
DEALER
. 10 DAY FREE TRIAL
LARSON-MAY CO.
Buy Where You Get- Service
406 E. Main Phone 2-5302
Zl
GENUINE YOUNGSTOWN
Clitchonaidcr
42" CABINET SINK
San Francisco. Apr. 12 tU.Ri
A projected strike by the AFL
Masters, Mates and Pilots union
should have no effect on west
coast Inter-coastal service, the
Pacific Maritime association said
today.
Dend Hn. on Cl.itlflM Aril:
6-30 Din tor follnwm dav-. 10 am
Monday tor Monday: noon Saturday I
for bunday a nv
Announcing -
New Location
Earl B. Bigalow
Public Accountant
206 Masonic Temple
Bldg.
Same Phone 2-6877
! KM
mm
u
Complete
with Fittings
Check tlit
work-saving features
0-ft(t,KWrtittiar-tWt-MfMl
Hp.,. f H
tm, altawa H owm.
Spatlavi, at-ialattt kwL
Hoadf, (MrtititatJ tvfUnr
rfrtwtr.
N bmdiaft .
man! im attd inm ipwt
Mttt tlikl at Hm italu
tint mi atbtr titllit ft
tarts.
COMi IN TODAY. . ;
Sff fOM YOURSELF!
& BT MU 14.1 MS
NO DOWN PAYMENT UP TO 3 YEARS TO PAY
Smith-Dynge Lumber Co.
Eighth and Fir, Medford Phone 2-7166
aV
kw e 7
BRIEFS
Hollywood Briefs . , . Two
Bar Tricot . . elastic waist
band, fitted leg , . Lots of
Colon . . .
THREE
PAIR
9?
THRIFTY THURSDAY
and
RED TAG DAYS
CASUAL
SHOES
This Special is just in time for
spring . , . Brand New Stylet . .
Colors Red, Green, Beige and
Lots of White . . . Platform
sole, wedgie heels . .
9.97
THRIFTY THURSDAY
and
RED TAG DAYS
LOAFERS
OXFORDS
Wonderfully comfortable and
smart looking , , . All Colors
and All Siies . . . They all have
crepe soles . . .
4-97
THRIFTY THURSDAY
and
RED TAG DAYS
75 BRAND NEW
DRESSES
Very, Very Special . . 75 Brand
New Dresses . . . they are
slightly imperfect . . they were
made to sell for $16.95 . . .
For Three Days Only
5-97
THRIFTY THURSDAY
and
RED TAG DAYS
EIGHT GORED
SUPS
They Are Here , , . Those won
derful Eight Gored Slips . . .
Lace trimmed and everything
. . . Beautiful Rayon Crepe and
Only
2-47
EEP
P"" Lj'n. I IT A if TRi A VP v
23
FRIDAY and
SATURDAY
THRIFTY THURSDAY
and RED TAG DAYS
4fT3 TOTS to
TEENS Shop
Ik.... .........
V3r
4 1 "
SWEATERS
For Boys
and Girls
1 .77
T-SHIRTS
87c
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