Industrial and commercial South AmericaPeck, Annie S. (Annie Smith)
History
Industrial and commercial South America
Peck, Annie S. (Annie Smith)
South America; South America -- Economic conditions -- 1918-
=Coal= was first discovered in 1865 near Santa Marta Bay, and
subsequently other deposits. Most important just now are the beds near
Cali, which are thought to be very extensive, and to extend through
the mountains to the Pacific slope. It is said that enough coal could
be mined to supply the neighboring Republics as well as Colombia. The
probable supply is estimated at 27 million tons. The character of
coal in the country varies from lignite to bituminous. A wide vein of
cannel coal leads from the Nevada de Santa Marta towards the Goajira
Peninsula; an anthracite deposit 25 feet thick extends 50 miles north
and south near the Gulf of Urabá. Coal deposits exist for a distance of
300 miles north and south of Bogotá near the East Cordillera, others
in the formation of the Central and West Ranges. One bed near Cali in
places is 22 feet thick. Coal beds in three layers are cut by the Amagá
Railway, and the locomotives are fired on the track.
=Petroleum= exists in quantity indefinite, but hardly to be
overestimated. The great tract of country extending several hundred
miles back from the entire south shore of the Caribbean apparently
contains a collection of oil reservoirs which may exceed in magnitude
those of any other section of the Western Hemisphere. Nowhere else in
the world, it is said, is there so great a display of seepages and of
petroliferous mud volcanoes.
Colombia presents three more or less distinct regions with various
fields in which operations have been conducted; others in which the
surface indications will doubtless incite to careful examination in the
future. The three well known regions are the Caribbean, the Magdalena,
and the Maracaibo; the last two are also spoken of together as the
Magdalena-Santander Field, since an oil belt extends from Venezuela
south-southwest across Santander and the Magdalena River. But as a
mountain range separates the Maracaibo Basin from the Magdalena Valley,
the two are quite distinct.
The Caribbean Region which extends along the coast from Riohacha to the
Gulf of Urabá has 300 or more square miles of supposedly productive
territory. Many American companies have obtained concessions; more than
100 are organized for the exploitation of this and other districts.
So rapidly have sections been taken up that a considerable part of
the coastal tract west of the Magdalena is already occupied. British
interests also have acquired extensive holdings in the Republic.
Emissions of gas occur in many places, this being the first country
in South America where large amounts have been observed. Among the
petroliferous mud volcanoes is the largest known anywhere. In the
Tubara field is a well 3000 feet deep from which enormous quantities of
gas came off. It has been proposed to pipe the gas to Barranquilla for
use in the city.
Public-domain text, read in full here on John Shaqi.
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