Oil Development In Oklahoma During 1923

IN 1923, Oklahoma took second place as an oil-producing state; whereas in 1922 it was the leader. California surpassed it, in 1923, by nearly 100,000,000 bbl. In 1923, Oklahoma produced, according to statistics of The Oil & Gas Journal, 165,013,685 bbl., or an increase of approximately 10 per cent. over the preceding year; the increase in California was approximately 90 per cent. The number of wells drilled in Oklahoma and the results of the two years are contrasted in the following table from data published in a preliminary bulletin by the U. S. Geological Survey. 1922 1923 Oil wells 4,149,68%. 3,515, 60% Gas wells 571, 9 %u 587, 11% Dry holes 1,428,23% 1,731,29% Total wells 6,148 5,833 The initial production from wells drilled in Oklahoma in 1923, according to The Oil & Gas Journal, was the largest in the history of the state, being 1,277,936 bbl. It has been 32 years since oil development began in the state, last year being the largest in the amount of production. The production of the past year would have been considerably greater were it not for the shutdown order in the Burbank field and curtailment of production in the Hewitt and Tonkawa pools.