The matter of opening up new fields in regions where there have been
no previous wells to serve as a guide presents a very different phase
of speculative enterprise. The pioneer producer must make a very
substantial financial investment for roads and equipment. He must
have the courage and grit to continue his efforts, even though he at
the outset obtains negative and unsatisfactory results; sometimes
for a period of years. Nor do his troubles end when he has made an
important discovery, for then land hitherto almost valueless becomes
much sought after by competitors, and legal complications involving
titles and taxes are not slow to develop. If he has been fortunate
enough to open up a real oil-field his exploration work must be of
sufficiently broad scope to determine the location of the principal
belt of favourable territory, the approximate depth and character of
the oil bearing formations, and the possibilities of permanence in the
wells themselves. The quality of the crude petroleum “mined” may be
less important than the quantity.
Though it is obvious that the obstacles that confront the pioneer
operator are not insurmountable, the conditions described show why
the history of oil discovery is bestrewn with failures. This has been
particularly true of the Latin American fields of Venezuela, Colombia,
Argentina and Costa Rica, and of many Asiatic attempts. Even in the
great gusher field of Mexico the first tests were drilled in 1869, yet
it was not until 1902 that any important production indicative of the
great future of that region resulted. More than 50 wells drilled in a
space of 33 years were failures.
It is, therefore, apparent that detailed, scientific information
on which to proceed is almost as important in the initial steps as
strong financial backing, and efficient organization. The methods
used in the early days of the Appalachian fields of Pennsylvania
depended absolutely on “fool’s luck” and steadfast optimism. As this
field extended down into West Virginia and Kentucky, and over into
Ohio, the ever-increasing number of failures caused the operators to
cast about for some sort of a working formula in choosing locations.
From the crude efforts of these early investigators the fundamentals
of modern oil-geology were developed. The old-fashioned operators’
creed contained this axiom: “If you wild-cat enough in an oil field,
you will make money in the long run.” But this no longer is a safe
working motto. The steadily increased cost of drilling has made it of
paramount importance to make careful selection beforehand. The modern
oil operator realizes that Mother Earth provides many clues and hints
which he cannot afford to disregard. The oil geologist interprets the
surface indications and such other information relating to a given area
as is available; and is ever on guard against the over-optimism of the
promoter.
CHAPTER VII
DRILLING THE OIL WELL
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