The History of Cuba, vol. 5Johnson, Willis Fletcher
History
The History of Cuba, vol. 5
Johnson, Willis Fletcher
Cuba -- Economic conditions; Cuba -- History
As a result of the petroleum excitement, brought about by reports of
surface indications and of the success of the Union Oil Company’s
drillings, many claims have been registered for both asphalt and
petroleum within recent years. Up to the last day of December, 1917, 215
claims were filed in the Bureau of Mines, covering an area of about
25,000 acres. In the same time 88 claims, scattered throughout the
various Provinces, were registered for oil, comprising a total area of
about 40,000 acres.
This scramble for oil lands has resulted in the formation of some fifty
different companies, most of which have issued large amounts of stock,
and many of which will properly come under the head of “wildcat”
adventures. This, however, has happened in other countries under similar
circumstances; notably in the United States.
In the fall of 1918 some 15 companies were drilling for oil, most of
which yielded very little results. This was due in some instances to
inadequate machinery, and in others to inefficient workmen, together
with absolute lack of any definite knowledge of the district in which
they were working. In addition to this, nearly all of the wells drilled
have either found oil or stopped at a depth of 1000 feet. In only a few
instances have wells been sunk to a depth of 3000 feet, and most of
these were in a section where almost nothing was known of the geology of
the country.
In Sabanilla de la Palma, the Cuban Oil and Mining Corporation drilled
to a depth of 1036 feet. On reaching the 120-foot level, they penetrated
a layer of asphalt four feet in thickness, and found petroleum in small
quantities at two other levels. At 1037 feet they met petroleum of a
higher grade, and are planning to sink the well to a depth of 4000 feet
with the idea of finding still richer deposits.
About two kilometers west of Caimito de Guayabal, near the western
boundary of Havana Province, Shaler Williams has drilled several wells,
one to a depth of 1800 feet, which produced oil and gas, but in small
quantities. The gas has furnished him light and power on his farm for
several years.
Public-domain text, read in full here on John Shaqi.
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