FLOWING OIL.

Taranaki Daily News, Volume LVI, Issue 172, 20 January 1914, Page 7

FLOWING OIL.

A PR.-UTICAL I)KUOX<n:ATK)\". , AT TIIK I!LI.X!IF.IM 1-.:i1!I-:. A number of Xow Plymouth people who visited the Uleiiheim hore at Mot lima yesterday, at the invitation of the managing dirootor (Mr. L. Criifith-I. wire, nll'ordcd an opportunity of seeing j

oil gushing from Iho well at the insertion of the plunger. So vivid and p.-ac-tieal was the demouslration of the resources of this well that ii ounld not fail to convince the most sceptical that the. Pdonht'im oil well can "deliver the good-.'' and if made a great impression on overvone present. Messrs K. Crilliths nnd Hitter von Kodorowicz (held manager) acted as pilots and the spectators included Mr. (.'. Carter (chairman of (lie New Zealand Advisory Hoard of the Taranaki (XX) Oilwolls'. Ltd.) nnd Sir. Ccorgo ('lil)'ord (a. member of the London hoard of directors of the sumo coinpnny). as well as a number of other gentlemen prominent in oil matters and several ladies. fnsido the derrick building the spectators assembled to witness the most interesting event of the visit- the in-or-iion of the plunder into the depths of the well in search of the oil. A rapid downward whirring of machinery, a stop. a. reversal, a visible haze and strong -moll of {.'as from the mouth ol the bore and •ui) Vomes the plunder, and above it some six or seven feet of oil rushes in a dense volume, drops like a fountain and falls in a green cascade to How into tin." waitin;: tank.

Twice the operation was pi'.formed, and at the second insertion the pressure of pas seemed greater, ami the cascade of oil was certaiulv higher than before, facing- the mouth of the bore, the spectators saw a volume of oil some two or three feet norossja beautiful sight apart from (he augury of a healthy indusfy in the near future.

A PAY I NT! WKI.k. As the well sluinli! \\i present. Hi!' iilmiKi'V can withdraw to-ilav .V: barrels, o; -Am -ill.ms .if cm,!,' oil. ami to-mor-r,.\v there will be a similar quantity in dm well. The oil 'n mil permitted In Cow from (hi! well of it.- own volition. 11, accumulates ami i- emptied (lii.V by day like Foriunatus 1 pur>e. Tin' well would lioiil iiliont (';,;() lunvls of oil before il OVl'l'il.V.Vl',l.

It is anticipated that tiie How of n ; .l will be ma.inlaiunl al >t- prc-ent rale. Then' are imlicatiiv.'.s of an increase. Wovlcin}.' on th>' ka-i- i,f llic pr-seiil How. it' is estimated (lint in or,,' yea: (he well wmilil refund (In.' aiiiomit invested in it ami p.iv ll:c usir's workin,;' expenses, leavim: in fuliir,' years mcrelv the working expense- lob' accounted for. A sample of (!ie oil wliieh llows from the well, pure ami eufirciv free from water, has keen aiialvsedat (he rclinery of tlm Taranaki (N'.Z.l nil Wells, i.td. The mialvsi- -hows that in every gallon there is ii.l!) per ccr.t. r.' benzine, 37 per cent, of kerosene, ;'d per ecu!, o! lubricatiui; oil-. C per one of parallin wax. ID |).r rent, of r-id,le (mci-ii, piteh) ami loss than ',, per cent, of waste. Thus every barrel of oil (I'i unllon,) reiuvsent-:- Hell/am . S ••>-."> gallons; kerosene. 1.V,!.. gallon-: oils, Ul'/i e.illons; wax. -r.lbs: |iile!:. kilos. Taking eaeh h:irrel of crude petroleum to be'worth oulv Ills, the Weil i- at premi hi- ni;ikiiiy C-li! a ilav. The oil as it comes from (lie bore is heim: sloreil in tanks n-itf «■•! from I lie Taranaki (N.Z.) Oil Well-, Ltd.. peiniinthe arrival of iron tanks for (lie I'.ieiiheim Co. Ai present the depth of tlie oil in the *l.i]i:i|-; : atii,ii tank on the Idem hi-im Co.'s properiv is si'l. i;in. rcprescnliin: iilnmf i."i.i:ii!l iiallon, n( eru:le oil.