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By R. J. Wagner, Jim Douglas Jr., P. M. Blair

The calculation of the behavior of an oil reservoir during a water flood has long been an important problem to reservoir engineers. Buckley and Leverett derived the differential equation which describes the displacement of oil from a linear porous medium by an immiscible fluid, but this equation could not be solved by the methods of classic mathematics. Consequently, in order to integrate the equation over the length of the reservoir, they neglected the effects of capillary pressure. In the present paper, a numerical method has been developed for determining the behavior of a linear wafer flood with the inclusion of capillary pressure. The differential equation which was derived for the case of incompressible fluids is second order and non-linear. This differential equation was approximated by an implicit form of difference equation which is second order correct in both time and distance. An electronic digital computer was used to perform the numerical solution of the difference equation. INTRODUCTION The problem of calculating the flow and distribution of fluids in an oil reservoir subjected to a water flood has long challenged the reservoir engineer. The ability to solve this problem would provide a valuable tool for the design and study of field waterflooding programs. One of the first contributions in this field was made by Buckley and Leverett,'.' who developed a method of calculating waterflood performance in a linear reservoir. Their technique was limited by the practical necessity of excluding quantitative consideration of capillary pressure. It is the purpose of this paper to describe a method for calculating the behavior of a linear water flood with capillary pressure considered. This method, although limited to the linear case, should serve as a step toward the solution of the two- or three-dimensional waterflooding problem which would better describe actual reservoirs. The treatment of the problem has assumed that the reservoir is linear and homogeneous, that both oil and water -are incompressible, and that gravitational forces may be neglected, and that water is injected into one end of the reservoir and oil and water are produced from the other. Though these assumptions may not be directly applied to natural reservoirs, they are closely approached in many laboratory core tests. The physical problem has been represented mathematically by means of a differential equation and suitable boundary conditions. The inclusion of capillary pressure effects causes the differential equation to be second order and non-linear, and it is not amenable to solution in terms of known functions. Nevertheless, the problem may be solved by numerical methods. The authors have successfully calculated several cases from the start of water injection through to depletion of the hypothetical reservoir using realistic capillary pressure and relative permeability characteristics that were chosen so as to put the method to a test. DIFFERENTIAL EQUATION In two- or three-dimensional problems involving the two-phase flow of incompressible fluids through a porous medium, the equations describing the flow can be combined until only two dependent variables remain, the pressure in one phase, and the saturation of one phase. These variables appear in two simultaneous partial differential equations which are derived on the basis of the conservation of mass and Darcy's law as applied to two-phase flow. For a linear reservoir, this system of differential equations can be reduced to a single, nonlinear, second order, parabolic differential equation for one dependent variable, the saturation of one phase. For incompressible water and oil, it can be shown that the conservation of mass for the two phases requires that Where q, and q, are the water end oil flow rates per unit cross-section, s, and so their saturations, +, the porosity, and [ and T, dimensional space and time variables. Darcy's law, as extended to two-phase flow including the effect of capillary pressure,' is as follows:

By R. E. Powers, E. H. Kinelski, H. A. Morrissey

A group of 17 American blast-furnace sinters, an American open-hearth sinter, an American iron ore, and a Swedish sinter were used to evaluate testing methods adapted to appraise sinter properties. Statistical calculations were performed on the data to determine correlation coefficients for several sets of sinter properties. Properties of strength and dusting were related to total porosity, slag ratio, and total slag. Reducibility was related to the degree of oxidation of the sinters. THIS report to the American iron and steel industry marks the completion of a 1949 survey of blast-furnace sinter practice sponsored by the Subcommittee on Agglomeration of Fines of the American Iron & Steel Institute. The use of sinter in blast furnaces, sinter properties, raw materials, and sinter plant operation have been reported recently.1,2 After preliminary research and study," test procedures were adapted to appraise the physical and chemical properties of sinter to determine what constitutes a good sinter. During the 1949 to 1950 plant survey each plant submitted a 400-lb grab sample to research personnel at Mellon Institute, Pittsburgh, Pa. A 400-lb sample was also submitted from Sweden. In addition, 2 tons of group 3 fines iron ore were obtained from a Pittsburgh steel plant. The following tests were performed on the iron ore sample and on the 19 sinter samples: chemical analysis; impact test for strength and dusting; reducibility test; surface area measurements, B.E.T. nitrogen adsorption method; S.K. porosity test; Davis tube magnetic analysis; X-ray diffraction analysis for magnetite and hematite; and microstructure. Results of these evaluations are discussed in this paper and supply a critical look at testing procedures used to determine sinter quality. Sinter Tests and Results Each 400-lb grab sample of sinter was secured at a time when it was believed to represent normal production practice at each plant. It was not possible to use the same sampling procedures throughout the survey; consequently samples were taken from blast-furnace bins, cooling tables, and railroad cars. These were very useful for evaluation of test methods, since they were obtained from plants with widely divergent operations. With the exception of Swedish sinter and sinter sample N, which were produced on the Greenawalt type of pans, all survey sinters were produced on the Dwight-Lloyd type of sintering machines. Sinters submitted for test were prepared in identical manner by crushing in a roll crusher (set at 1 in.), mixing, and quartering. To secure specific size fractions for tests, one quarter of the sample was crushed in a jaw crusher and hammer mill to obtain a —10 mesh size. The remainder was screened to obtain specific size fractions. The group 3 fines iron ore was dried and screened and samples were taken from selected screen sizes to be used for various tests. Prior to testing, each ore sample except the —100 mesh fraction was washed with water to remove all fine material and was then dried. This iron ore, a hematitic ore from the Lake Superior region, was used as a base line for comparing results of tests on sinters. The iron ore did not lend itself to impact testing, since it was compacted rather than crushed in the test, and no impact tests are reported. However, the iron ore was subjected to all remaining physical tests to be described. Chemical Analysis: Table I presents chemical analyses performed on the survey sinter samples. Included in this table are data obtained from determination of FeO and the slag relationships: CaO + MgO and total slag (CaO + MgO + SiO, SiO2 + Al2o3 + TiO2). The percentage of FeO was used as an indication of the percentage of magnetite in the sinter. It was believed that slag relationships could be correlated with sinter properties. During initial determination of FeO great disagreement arose among various laboratories, both as to the results and the methods of determining values. Table I lists the values of FeO resulting from the U. S. Steel Corp. method of chemical analysis,' which reports the total FeO soluble in hydrochloric and hydrofluoric acids (metallic iron not removed) with dry ice used to produce the protective atmosphere during digestion. Use of dry ice was a modification required to obtain reproducible results. In this method, the iron silicates and metallic iron are believed to go into solution and are therefore reported as FeO. This is important, for in the study of the microstructure of sinters, glassy constituents suspected of containing FeO as well as crystallized phases of undetermined identity which may also contain FeO have been observed. Strength Test by Impact: In evaluating sinter quality, one of the properties stressed most by blastfurnace operators is strength. This strength may be described as the resistance to breakage during handling of sinter between the sinter plant and the blast-furnace bins. It is also the strength necessary to withstand the burden in the blast-furnace. After

Jan 1, 1955

By S. A. Mersol, C. T. Lynch, F. W. Vahldiek

The room-temperature Knoop hardness of single -crystal titanium diboride has been determined. Variations in microhardness have been correlated with orientation and structural imperfections in the crystals. Maximum differences in hardness values of 750 kg per sq mm with respect to orientation and 450 kg per sq mm with respect to substructure were found. The effects of etchants, load on indenter, and degvee of cracking of indentation were studied. The average hardness was determined as 2800 kg per sq mm on the as-grown crystals. Annealing increased the average hardness to 3375 kg per sq mm. ThE microhardness of polycrystalline titanium diboride approximating the stoichiometric composition TiB, has been studied by several investigators. The values for the Knoop hardness number range from 2710 kg per sq mm (Khn = 2710 kg per sq mm) to 3400 kg per sq mm.'-4 Samsonov et al.' reported a Vickers hardness number of 3400 kg per sq mm (Vhn = 3400 kg per sq mm) at 120-g loads for a 98 pct Ti + B material of 96 pct theoretical density. Recently Dunegan measured the Vickers hardness and obtained 2060 kg per sq mm with a 10-g load (Vhnlo = 2060 kg per sq mm), 1425 kg per sq mm for Vhnloo, and 1320 kg per sq mm for Vhnlooo. We have obtained a Khnloo = 3000 * 350 kg per sq mm for hot-pressed polycrystalline TiB2 that was 99.1 pct Ti + B and 96.6 pct of theoretical density. The present investigation has been made on single-crystal titanium diboride boules, and is believed to be the first such study on TiB, crystals of known orientation. EXPERIMENTAL The single crystals were prepared by a Verneuil-type process using an electric arc by the Linde Division of Union Carbide Corp. The largest specimens were 6 mm in diameter by 12 mm long. The crystals were of theoretical density (4.50 g per cm3) with a Ti + B content of 99.8 pct. The major impurities present were: 0.03 pct (by weight) 0, 0.06 pct C, 0.01 pct Si, 0.05 pct Fe, 0.01 pct Cr, and 0.01 pct Ni. The crystals were boron-rich, the average boron content being 31.S7 wt pct (stoichiometric value is 31.12 wt pct), and titanium-poor, the average titanium content being 68.2 wt pct (stoichiometric value is 68.88 wt pct). Titanium was determined gravimetrically by cupferron precipitation and boron by titration of H3B03 from a NaOH-fused specimen after removal of titanium with BaC03. The outer edge of the boule accounted for some of the excess boron. An electron-microprobe analysis showed that the titanium content increased from 60.0 wt pct at the edge to 68.5 wt pct at D, ~ 1000 p, where D, = distance from outer edge (see Fig. 5). X-ray measurements indicate that the boules are single crystals with considerable substructure. Upon etching this structure is seen in the form of a Widmanstatten-type rhombohedral line pattern in the basal (c) plane and a parallel "lines" pattern in the prism (a) planes. A typical WidmanstHtten-type pattern is seen in in Fig. 1. Electron microscopy reveals that the lines are less than 1 p across, which does not allow direct electron probe or microfocus X-ray determination of their composition. The identity of the second phase has not been established. It might be a higher boride or a nonstoichiometric TiB2. On annealing above 2200°C the precipitate is dispersed and dissolves in the matrix. The best etchants found were HF/HNO/HO, KF(CN)$NOH/HO (Murakami's Etch), and A large number of other etchants were previously Studied. The acidic etchant produced an acicular or "needles" pattern in the (a) planes which is an etchant effect on the "lines" pattern.

Jan 1, 1965

By William M. Bowron

An interesting calculation was made at the Chattanooga Meeting of 1885 as to the cost of making a ton of pig-iron in the Chatta-

Jan 1, 1889

By H. M. Morse

Tinsley Oil Field.—Mississippi joined the oil-producing states when on Sept. 13, 1939, the Union Producing Company's G. C. Woodruff well No. 1, sec. 13, T. 10 N., R. 3 W., Yazoo County, was completed after drilling plug at 4540 ft. in the Woodruff sand of the Eutaw formation of Cretaceous, producing 300 bbl. per day of 34.4" gravity oil through a ¼-in. choke, with a gas-oil ratio of 80 to 1 and bottom-hole pressure of 2045 lb. This was the discovery well in the Tinsley oil field. The well was drilled to a total depth of 4567 ft. and no salt water was encountered. The sand underlies the Selma chalk formation. Nine producing oil wells and one dry hole were drilled and completed by the end of 1939. Two producing sands have been found in the Eutaw and a third sand in the top of the Tuscaloosa formation, called the Woodbine sand in Louisiana and Texas. Faulting is an important factor in the Tinsley field. Total oil production has been approximately 250,000 bbl. from the nine flowing wells. Total depth to top of productive zone was 4540 ft.; to bottoms of productive wells, 4580 ft. Net thickness of the producing formation is 20 to 40 ft., and its porosity is 24 per cent. The deepest zone tested was the Tuscaloosa, in which the depth of hole was 6112 feet. Six hundred and forty acres has been proved for oil production. Jackson Gas Field.—The Jackson gas field has shown a steady decline in the number of wells but the pressure has been maintained. This field is a perfect example of a water-driven field and the time of wells going to salt water is predictable. Five wells were drilled in the Jackson field, of which only one produced. Amory Gas Field.—Interest was renewed in the Amory gas field, where a new well was started in the fall of 1939. Geological Formations.—The deepest well drilled in 1939 was the Willmut Gas and Oil Company's Cleve Love S. F. Johnson No. 1, sec. 29, T. 6 N., R. 1 W., Hinds County. This well encountered the Lower Cretaceous, Trinity series from 3770 to 6422 ft.; Lower Mesozoic from 6422 to 6484 ft. The geological correlations and nomenclature of the formations in Mississippi are shown in the accompanying strati-graphic section.

Jan 1, 1940

By H. M. Morse

Tinsley Oil Field.—Mississippi joined the oil-producing states when on Sept. 13, 1939, the Union Producing Company's G. C. Woodruff well No. 1, sec. 13, T. 10 N., R. 3 W., Yazoo County, was completed after drilling plug at 4540 ft. in the Woodruff sand of the Eutaw formation of Cretaceous, producing 300 bbl. per day of 34.4" gravity oil through a ¼-in. choke, with a gas-oil ratio of 80 to 1 and bottom-hole pressure of 2045 lb. This was the discovery well in the Tinsley oil field. The well was drilled to a total depth of 4567 ft. and no salt water was encountered. The sand underlies the Selma chalk formation. Nine producing oil wells and one dry hole were drilled and completed by the end of 1939. Two producing sands have been found in the Eutaw and a third sand in the top of the Tuscaloosa formation, called the Woodbine sand in Louisiana and Texas. Faulting is an important factor in the Tinsley field. Total oil production has been approximately 250,000 bbl. from the nine flowing wells. Total depth to top of productive zone was 4540 ft.; to bottoms of productive wells, 4580 ft. Net thickness of the producing formation is 20 to 40 ft., and its porosity is 24 per cent. The deepest zone tested was the Tuscaloosa, in which the depth of hole was 6112 feet. Six hundred and forty acres has been proved for oil production. Jackson Gas Field.—The Jackson gas field has shown a steady decline in the number of wells but the pressure has been maintained. This field is a perfect example of a water-driven field and the time of wells going to salt water is predictable. Five wells were drilled in the Jackson field, of which only one produced. Amory Gas Field.—Interest was renewed in the Amory gas field, where a new well was started in the fall of 1939. Geological Formations.—The deepest well drilled in 1939 was the Willmut Gas and Oil Company's Cleve Love S. F. Johnson No. 1, sec. 29, T. 6 N., R. 1 W., Hinds County. This well encountered the Lower Cretaceous, Trinity series from 3770 to 6422 ft.; Lower Mesozoic from 6422 to 6484 ft. The geological correlations and nomenclature of the formations in Mississippi are shown in the accompanying strati-graphic section.

Jan 1, 1940

By Pierre de P. E. M. Ricketts

HAVING had occasion while in Europe during the past summer to visit some of the foreign mints and assay offices connected with the same, I thought a brief description of the general process of coining employed, and such items connected with assaying as were new, might prove interesting to the Institute. The principal foreign mints are: the Royal Mint, London; and the mints in Paris, Brussels, Utrecht, Berlin, Vienna, Copenhagen, St. Petersburg, Stockholm, Madrid, Milan, Rome, and Constantinople. My time only permitted my visiting a few of the principal and largest given in the list, and for a description of the remainder I am indebted to the kindness of Mr. James M. Napier, who in company with the deputy master, and chemist of the Royal Mint, made a complete inspection of all the European Mints in 1870.

Jan 1, 1876

By D. R. Parrish, K. W. Beaver, H. W. Wood, R. W. Rausch

A pilot test of forward combustion in the Shannon pool, Salt Creek field, Wyo., is described. The Shannon sand, 950-ft deep, contains a heavy (25" API), viscous (76 cp) oil. Natural reservoir energy is limited. Primary production, intermittent since 1889, recovered only about 2 per cent of the oil in place. The field is operated by Pan American Petroleum Corp. for the Midwest Oil Corp., the owner. The original pilot was a 1.32-acre five-spot. The expanded pilot has eight producing wells surrounding a roughly triangular area of about five acres with the injection well near the center. A control or comparison well was also recompleted in another part of the field. Operation of the pilot has been little different front an ordinary gas drive. Little special equipment was found to be absolutely necessary. Except for some use of a temperature-resistant cement, all wells were conventionally completed. In spite of poor oxygen consumption, the over-all performance of the pilot has been good. Total oil recovery to June 1, 1961, was 73,971 bbl. The wells of the original pilot alone had produced about 24,000 bbl, equivalent to 50 per cent of the oil in place, when fire breakthrough at the first well occurred. These wells have now produced oil equivalent to more than 74 per cent of the oil in place in the original pilot area and production is continuing. It appears that ultimate recovery will approach theoretical maximums before the wells must be abandoned. Performance of the pilot has been encouraging, and expansion to a fieldwide combustion operation is being investigated. INTRODUCTION The results of both laboratory investigations and field tests of underground combustion have been reported previously.' However, most of the field tests were primarily experimental. More information and experience are needed before forward-combustion operations can be engineered with confidence. The purpose of this paper is to present the results of a successful pilot test of forward combustion. These re- sults should increase confidence in forward combustion as a practical method for commercial oil recovery. HISTORY OF THE SHANNON POOL The Shannon pool is located on the north end of the Salt Creek field in Natrona County, Wyo. It is approximately 50-miles north of the city of Casper. The Shannon pool's3 discovery well was completed in 1889, making this one of the oldest oil fields in the Rocky Mountain region. Three more wells were drilled in 1890. First production was hauled in wooden barrels by horse and wagon to the railroad in Casper. In 1894 a small refinery, the first in Wyoming, was built in Casper to process the Shannon crude. In the following years the field changed hands several times. It appears that each new owner did some development drilling as several wells were completed in each of the years 1895, 1902, 1905 and 1912, with negligible development in the intervening years. Forty-eight wells were drilled in this period, but many were later abandoned. Discovery of the more prolific Salt Creek field proper ultimately forced suspension of operations at the Shannon pool. After 1915 there was only sporadic production, mostly to supply cheap boiler fuel to drilling rigs in the Salt Creek field. But even this was discontinued in 1931. Since then the pool had been dormant until the recent operations, which are the subject of this paper. The Shannon pool is now owned by the Midwest Oil Corp. Field operations are conducted for Midwest by Pan American Petroleum Corp. THE RESERVOIR Fig. 1 is a map showing subsurface contours of the Shannon pool. The reservoir is on a nose of the Salt Creek anticline dipping to the north at about 500 ft/mile. The trap is provided by a shallow fault on the updip side of the productive area. The downdip limits are bounded by water, but this water has not provided an effective source of reservoir energy. The Shannon sand outcrops at many places in the immediate vicinity, providing good surface indications of the Salt Creek anticline. At the Shannon pool the sand has been lowered by faulting and is overlain by about 900 ft of shale and other sands. The Shannon sand consists of two members. The upper, a water sand, is about 40-ft thick and is separated from the lower member by several feet of sandy shale. The oil pay occurs in the lower mem-

New York Meets first Wednesday after first Tuesday of each month. J. E. JOHNSON, JR., Chairman EDGAR RICHARD, Vice-Chairman D. M. LIDDELL, Secretary, 7 Wall St., New York, N. Y. C. A. BOHN, Treasurer JOHN V. N. DORR LEWIS W. FRANCIS Boston Meets first Monday of each winter month. R. L. AGASSIZ, Chairman JAMES G. CARLETON, Vice-Chairman E. E. BUGBEE Secretary-Treasurer, Mass. Inst. of. Technology, Cambridge, Mass. W. E. C. EUSTIS G. A. PACKARD Columbia Holds four sessions during year. Annual meeting in September or October. W. H. LINNEY, Chairman OSCAR LACHMUND, Vice-Chairman LYNDON K. ARMSTRONG, Secretary-Treasurer, P. O. Drawer 2154, Spokane, Wash. STANLY A. EASTON S. SHEDD Puget Sound Meets second Saturday of each month SIMON H. ASH, Chairman I. F. LAUCKS, Vice-Chairman PERCY E. WRIGHT, Secretary-Treasurer, 2012 L. C. Smith Bldg., Seattle. Wash. GLENVILLE A. COLLINS JOHN N. POTT

Jan 11, 1917

By Graham John Mitchell

In May, 1919, a crosscut on the 1400-ft. level of the Briggs mine, a Calumet, & Arizona property at Bisbee, Ariz., penetrated a deposit of pyrite and chaleopyrite that had replaced quartzite and limestone and was cut, especially in the quartzite, by numerous fractures. As the drift advanced through these fractured portions, they were found to be free from copper-sulfate minerals although '(sooty" chalcocite was present in the fractures and also as coatings and replacements of pyritc. Howcver, sulfate soon made its appearance in certain fractures, filled them, and began to form stalactites. Several centers of incipient growth were noted for subsequent study, observations in the drift at frequent intervals during the past 17 months affording the opportunity of determining the rate of formation of the stalactites. The one to attain the greatest growth during the period of observation measured 27 in. long and averaged 1 in. in diameter. A close study showed it to be composed of small interlocked crystals of chalcanthite radiating from a small central tube-like opening. The trielinic form of the crystals was evident with prism and pinacoid faces recognixable. Assuming that the supply of copper-sulfate solution was constant (luring the 17 months—-and such an assumption is supported by the fact that the number of drops of excess solution falling, per minute, from the tip of the stalactite at the times of observation checked closely—thc stalactite, it has been estimated, grew at the rate of 1.58+ in. per month. DISCUSSION James I?. Kemp," New Yolk City.—J. S. Curtiss, in the monogr:tpll on Eureka, Ncv., say:: that a stalactite formed in limestonc grew 5/8 in. in three weeks and continued to grow as long as it had a drop of water or solution at the lower end. Another grew at the rate of 3/8 in. in the same time. In the case cited by Mr. Mitchell, the growth was about 136 in. in three weeks. A year ago we had an instance of the formation of cubes of galena on a railroad spike. A mine in northeastern Oklahoma had been idle about two years but on account of pumping of neighboring properties, the circulation of water was active throughout the drift. A cube of galena,

Jan 1, 1922

By S. LeFevre

THE solution of the housing and sanitation problem in mining communities, keeping in view both economic and humanitarian aspects, demands the best thought of the management of such enterprises. Upon the solution depend the health and comfort of the employee and his family, and as a consequence his contentment and efficiency. The following description covers briefly the methods installed for Witherbee, Sherman & Co. The operation of the system has been for about two years under the direct supervision of T. A. Hammond, Land Agent, and I am indebted to him for a compilation of the results.

Jan 2, 1915

By C. R. Criss, R. J. McCormick

ThiS paper .summarizes the development and perform. ance of the Coldwater Oil field, Isabella County, Mich. Production is obtained at a depth of 3750 ft from a dolomite reservoir, which is probably both Rogers City and Dundee. There appears to be no persistent barrier to vertical fluid movement between the Rogers City and Dundee, and both formations are believed to have a common original oil-water contact. No we1ls are open to production at the level of the Dundee. The discovery of the field in 1944 was followed by the drilling of 81 producing wells and nine dry holes. By the end of 1952, the field had produced 12,763,000 bbl of oil, at which time 69 active wells were producing 3600 B/D oil and 21,000 B/D water. The reservoir has an effective natural water drive, and bottom-hole pressure has declined 75 psi from an original pressure of 1453 psi. Oil is undersaturated at reservoir conditions with a solution GOR of 512 cu ft/bbl and a saturation pressure of 1190 psi. INTRODUCTION Although the Coldwater Field is now in its ninth year of production, it ranks seventh in cumulative recovery, and second in current daily oil production in the State. Following complete development of the field in 1946, it has consistently contributed approximately 11 per cent of Michigan's daily production. Coldwater appears to have a greater pay thickness than most fields producing from the Rogers City forma- tion in the west central part of the Michigan basin. Except as influenced by the extent of closure and the thickness of the oil column, reservoir performance is believed to be representative of Rogers City fields in this part of the basin. For this reason, it is felt that the following presentation of factual data for the field will be of general interest. HISTORY AND DEVELOPMENT Discovery of the Coldwater field during Aug., 1944, followed favorable subsurface geological correlations and core tests drilled to a shallow stratigraphic marker horizon. The field is located in the west central part of the Michigan Basin in Coldwater Township (T16N-R6W), Isabella County. It is 60 miles west-northwest of Bay City, and near the geographic center of the southern peninsula of Michigan. The discovery well flowed 200 bbl of oil the first 24 hours from the Rogers City dolomite at a depth of approximately 3750 ft. Field production is principally from the Rogers City with a minor amount assumed to come from the underlying Dundee dolomite, although none of the wells are open to production at the level of the Dundee. Both the Rogers City and Dundee formations belong to the Devonian system (See Geologic Column-Fig. I.) In addition to Rogers City-Dundee oil production, sweet gas is produced from the Michigan Stray sand of the Mississippian system at a depth of 1400 ft. The gas reservoir has approximately the same areal extent as the underlying oil reservoir. Although gas production is an important feature of the Coldwater field, this report is concerned only with the oil reservoir. The productive area is approximately 3200 acres. The pool is developed on a 40 acre spacing pattern with wells drilled in the center of the north half of 40 acre tracts, except for a few off-pattern wells drilled along

Jan 1, 1955

(This list. includes only those who have entered military service within the past month, or whose entry has only recently become known to us; it also includes a few names of those whose titles or assignments have been changed within the month. A complete list will he found in the Year Book mailed with this Bulletin. Another Honor Roll is maintained in the reception room of the Institute.) ALDEN, HERBERT W., Lieutenant-Colonel, Ordnance Dept. ALDER, ALFRED; Engineers' Reserve Corps. ALFORD, NEWELL G., Sergeant, Bureau of War Risk Insurance, Headquarters 84th Division. AMBLER, HARRY A., Lieutenant, 30th Infantry. ANDERSON, GEORGE K., JR., Sec. C, 1st Co.; 3d Officers' Training Camp. AYER, -FRANK A., 1st Lieutenant, 43d Squadron, 3d Prov. Regiment, Aviation Camp.

Jan 3, 1918

By Desmond Y. M. Lee

Computerized preventive maintenance has been a long sought goal in many industries. People have firmly believed that proper implementation of such a system can result in tremendous saving of money. However, the preventive part has always been left out without realizing it due to the inflexibility of coping with environmental changes. With this in mind, the Iron Ore Company of Canada has developed a computerized system which schedules maintenance jobs preventively.

Jan 1, 1977

By George R. Eadie

As 1972 slipped through our grasp, coal industry adjustments to health and safety laws, environmental restrictions, rising costs and higher production targets left many mine operators groping for a new grip. The industry adopted a defensive attitude in 1972 as it faced the onslaught of inspectors. With rigid demands for improving safety and instituting environmental programs, the industry worked hard and watched production figures stagger upward while operating costs zoomed. In an effort to determine how to meet the goals that were established for fewer ignitions, fewer accidents, less respirable dust, lower noise levels, fewer law violations, better reclamation, less pollution, lower costs and higher production, industry representatives attended numerous technical meetings.

Jan 2, 1973

By L. G. E. Bignell, E. A. Hanson, J. O. Lewis

There was a general upward trend of all petroleum activities in Oklahoma during 1933, especially in the last quarter, though the average price for crude oil for the year was below 1932 and overproduction in East Texas demoralized conditions for several months. As the Federal Agencies established under the National Industry Recovery Act began to function conditions in Oklahoma were visibly affected and production of "hot oil" from Oklahoma City field practically ceased. More oil wells were completed, six new fields discovered, extensive geophysical prospecting carried on in many parts of the state, and an increased amount of clean-out and reconditioning work done in older pools during the past year. To increase quantity and rate of recovery of oil many wells producing from limestone formations were treated with hydrochloric acid. The Oklahoma City field had a reported production of 66,984,570 bbl. of oil during 1933, or almost exactly twice the amount reported for 1932. Potential tests and other indicators show that the wells are rapidly approaching the stage where mechanical lift must be applied to all of them, including the wells in the Wilcox sand zone. The major pipe-line companies serving the oil fields of Oklahoma have been anxious to make connections to all wells during 1933 and have indicated a willingness to accept all oil available. The amount offered has been restricted by proration orders, but the state did produce 178,356,-449 bbl. during the year, an increase of about 18.6 per cent over 1932. This increase was practically all due to the greater demand for Oklahoma City oil, as all other pools of any importance showed loss in production or very small gains last year. The U. S. Bureau of Mines' laboratory reports the lubricating distillate content of Oklahoma City crude from Arbuckle and Lower Simpson formations about 17 per cent by volume. East Texas oil is reported to contain about 5.6 per cent lubricating distillates. The desire of the transportation companies to keep their equipment operating at maximum capacity and the need of some refineries for more

Jan 1, 1934

By Charles W. Dickson

Jan 1, 1904

By L. D. Clark

Pay-out, the ratio of capital expenditure to annual cash return can be very revealing when employed to gage the merits of a proposed mining venture. It is a quantity, numerically but not physically equal to a factor, by which cash return may be discounted to equal required investment. The fewer the pay-out years, the greater the average annual earning power of the project. Considerable material has been written in the past about the most important and difficult problem mining management faces in evaluation of a property: the optimum production rate for the venture. What daily capacity should be adopted for the proposed operation that it may be the most rewarding to those underwriting it? H.C. Hoover has said, "The most important objective is the least cost per ton mined; and minimum working costs can only be gained by the most intensive production." Theoretically and practically, the quicker the ore is removed, the more profitable should be the venture because of the saving in fixed charges, the consequent lower unit costs and the interest unearned by the profit from the unmined ore. Yet, such performance will be tempered by policy and a restraint imposed by the ratio of capital expenditure to annual cash return. * The 'Annual net profit after taxes but including depreciation and depletion allowances. former will be based upon an analysis of the economic climate anticipated, with its many ramifications including the demand for the product, prices, tax laws, the conduct of labor and related wage scales. The variables and intangibles involved in estimating the optimum production rate for a mine do not readily lend themselves to mathematical relationships or equations and the problem can become complex indeed. The more readily applicable and relatively faster appraisal method will be used which, in addition to being reasonably adequate in most cases, will serve as a guide, should a more expanded and detailed estimate be desired. The first question is what is company policy with respect to the rate of investment return? This will depend on that significant period of time referred to as the pay-out, which can be defined as the estimated interval during which capital investment is returned through application of annual cash return to its recovery. Expressed another way, it is the ratio of capital expenditure to the annual cash return. For example, if the capital investment is $C and the annual cash return is $A (after Federal tax), then $C/$A = the pay-out period in years. That is to say, if $C = $1,500,000 and $A = $214,000, then which is the mathematical expression for the period of time it takes to recover the funds originally invested in a mining enterprise. The relationship yp = $C/$A can be useful — an expression which requires only the significant tern yp to be fixed; in other words, the long range investment policy. For what is the pay-out period but an expression of that policy in terms of the speed, within practical limits, with which an individual or company may want to recover capital expenditure? A policy by which pay-out will be fixed is imperative. This ratio must lie within relatively narrow limits governed by what is economically feasible. It cannot be too low, rendering the ratio impractical or absurd, nor too great, delaying the return of capital for reinvestment beyond a commensurate interval. What pay-out will govern this policy? Federal corporate taxes would seem to present the best measure. Consider mining in Canada where new mines are exempt from Federal income tax for 3½ yr from date of first production. This exemption expressly allows The Act states: "A corporation . . . i s not required to include the profits . . . for the period of 36 months commencing with the day on which the mine came into production in reasonable commercial quantites." a company to recover capital expenditure during the early stages of production. With such an incentive, it is logical to strive for as much capital redemption as possible during this period. Thus, 3½ yr would be a major contribution to the pay-out in Canada. Furthermore, it generally takes from 1½ to 3 yr to develop

Jan 1, 1963

By David Donoghue

THE. years 1901, 1910, and 1924 may be considered as the beginning of new eras in the history of the oil industry of the Gulf Coast of Texas and Louisiana. Spindletop, in 1901, with its enormous cap-rock production revealed the possibilities of the salt domes. The lateral sand development at Vinton, in 1910, renewed interest in the then known domes which were non-producing, or were producing from the cap rock or from sands above the cap rock. The discovery of three domes, Nash, Orchard and Long Point, in the year 1924, by means of the torsion balance and the seismograph, is the beginning of intensive explorations of the Gulf coastal plain by geophysical methods. Domes other than those mentioned have no doubt been found during the last few months of the year but tests have not been drilled to confirm the evidence of the instruments. DISCOVERY OF DOMES BY GEOPHYSICAL METHODS The Rycade Oil Corpn. operated the first torsion balance on the Gulf Coast in October, 1922, and the Roxana Petroleum Corpn. brought in one of these instruments and began work in December, 1922. The U. S. Coast and Geodetic Survey made some gravity observations at Damon Mound, in 1923, with a pendulum apparatus. In March, 1924, the Marland Oil Co. placed the first seismograph on the Gulf Coast and the Gulf Production Co. followed with one in May. In June, 1924, the Gulf Production Co. began operations with a torsion balance. The Atlantic Oil Producing Co., The Texas Co., and others have experimented with several types of instruments involving various principles. During the next few years, a great advance in geophysical methods may be expected, especially if one of the newly discovered domes should be productive. The first dome discovered was the Nash, in Fort Bend County, Tex., about 6 mi. east of Damon Mound. A slight elevation and two shallow wells containing sulfurous waters made the locality somewhat interesting from the standpoint of surface indications, and the torsion-balance measurements indicated the presence of a dome. On July 20, 1924, the Rycade Oil Corpn. No. 1 Wisdom encountered lime at a depth of 634 ft. and anhydrite at 639 ft. The hole was abandoned on Sept. 8, 1924, at 769 ft. in anhydrite. A cavity in the anhydrite caused much delay and the final abandonment of this test.

Jan 3, 1925

YUGOSLAVIA is one of the smaller countries in Europe-about twice the size of Pennsylvania -but one of the richest nations in variety and quantity of minerals on the Continent. The country, just now beginning the pangs of a real industrial birth, has a mining history that goes back as far as the sixth century, B. C. Among others, the Romans exploited Yugoslavia's lead and zinc deposits, and there was intensive mining during the Middle Ages. But until now, the country's industrial development was such that it made no great demand on the mining industry for development or expansion. Conversations with Yugoslavian officials in New York give the impression that they are interested in two things. They need money and they need trained engineers to solve their mining problems. Yugoslavia appears to be attempting to attract both foreign money and foreign technical skill. They want financial aid in the form of loans. The U. S. Government has given aid to Yugoslavia in the shape of armaments, foodstuffs, and equipment. Recently, American banks have advanced funds.

Jan 5, 1954