Petroleum-Engineering Study of Healdton Oil Field, Carter County, Oklahoma Page: 8
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TABLE 3. - Pipeline companies and refineries serving Healdton oil field in the early
1920's, Healdton oil field, Carter County, Okla.
Size Con- Refinery
of nected Refinery capacity,
Pipeline company line leases Refinery name location bbl.
Pure Pipe Line Co. 6-inch 18 Pure Oil Co. Ardmore, 7,000
Okla.
Magnolia Pipe Line Co. Two 34 Magnolia Refining Fort Worth, 20,000
6-inch Co. Tex.
Sinclair Pipe Line Co. 8-inch 20 Sinclair Refining do. 10,000
Co.
Chickasaw Pipe Line Co. 4-inch 8 Chickasaw Refining Ardmore, 5,000
(Coline Oil Co.) Co. Okla.
Cameron Pipe Line Co. 6-inch 5 Cameron Refining do. 3,500
(Ardmore Refining Co.) Co.
Empire Pipe Line Co. 8-inch 16 Producers Refining Gainesville, 6,000
(Producers Refining Co.) Co. Tex.
Imperial Refining Co. 4-inch 7 Imperial Refining Ardmore, 7,000
Co. Okla.
Nyanza Refining Co. 3-inch 1 Nyanza Refining Wilson, 3,000
(J. Howard Pugh) Co. Okla.
Yarhola Pipe Line Co. 6-inch 13 Shell Oil Co. Wood River, Unknown
Ill.
Texas Pipe Line Co. of Okla. 8-inch 10 Unknown Unknown Do.
Pierce Pipe Line Co. do. Pierce Refining Fort Worth, 8,000
Co. Tex.
In 1920 the demand for crude oil increased sharply, and the price increased
steadily to a peak of $2.75 per barrel in March of that year. Shortly thereafter,
imports of foreign crude, chiefly from Mexico, decreased the price to a low of 60
cents per barrel. After 1922 most oil was sold on a gravity basis, but until 1925
the price paid for Healdton crude was 20 cents per barrel less than for other crudes
of comparable gravity.
In 1926 the first infill-drilling program began, and during the next few years
38 new wells were drilled. Oil prices for 310 A.P.I. gravity oil declined from a
high of $1.89 per barrel in 1926 to a low of 25 cents per barrel in 1931.
In November 1930 State-wide proration limited oil production to 5 barrels of
oil per well per day, plus 50 percent of the difference between this and the poten-
tial daily oil production of the well. The proration base was raised to 10 barrels
per well per day in January 1931 and to 20 barrels in May 1931.
By 1933 the economic depression forced many small refineries in the Healdton
area to discontinue operations, and the plants were shut down or dismantled. How-
ever, two refineries still were operating in Ardmore and processing Healdton crude
oil, and Shell Pipe Line Co., Magnolia Pipe Line Co., and Pierce Pipe Line Co. were
transporting oil to refineries in Wood River, Ill., and Fort Worth, Tex. The average
daily oil production from the fields was approximately 9,500 barrels.
The second infill-drilling campaign, beginning in 1935, and general application
of vacuum, beginning in 1938, increased and maintained the yearly oil production at
3 to 3 1/2 million barrels per year until 1941.-8-
5125
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Riggs, C. H.; Wey, John E.; Sanabria, Edward, Jr.; Meadows, Paul; Smith, William C. & West, James A. Petroleum-Engineering Study of Healdton Oil Field, Carter County, Oklahoma, report, February 1953; [Washington D.C.]. (https://digital.library.unt.edu/ark:/67531/metadc38588/m1/22/: accessed April 24, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.