The Oil Situation in New Mexico, 1920
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Excerpt from The Oil Situation in New Mexico, 1920: A Preliminary Report
With the rapid increase in petroleum consumption, there has come within the past four or five years a wide and persistent search for new deposits. New Mexico, being a comparatively little known state geologically, and lying adjacent to the great producing state of Texas as well as near the oil-producing areas of Colorado, has become a center of exploration by oil prospectors. Every county has been traversed by the geologists of many companies. One eastern company is reported to have spent $90, 000 in gathering data on the geology of the state. Many favorable indications of have been discovered and drilling has been done in scores of places. Up to the present time, all the efforts have failed to demonstrate the presence of in paying quantities, although some traces of oil have been discovered.
During the past two or three years the office of the state geologist has had hundreds of calls for information on the geology of the state, especially with reference to oil possibilities, It has been impossible to supply, these demands, in many instances, because of the absence of published information on the subject. Many Government publications deal with certain areas, and a forthcoming bulletin of the United States Geological Survey is expected to comprise a description of the geology, with a geological map of the state. The following report is the result of a series of reconnoissance trips made by the writer during the early part of the summer of 1920 for the purpose of securing data on the conditions having to do with oil production in the state. Acknowledgments
In the absence of any legislative appropriation strictly for a geological survey these investigations were made possible through the efforts of President David S. Hill of the State University and the considerate action of the Board of Regents.
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