This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 Excerpt: ...derived from sandstone and conglomerate. It is found that by the evaporation of its lighter volatiles oil standing in an open tank decreases in gravity at an average of 1 a week for the first few weeks, thus losing in value about 10 cents per barrel per week. A test made with oil fresh from the pump showed a loss of ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 Excerpt: ...derived from sandstone and conglomerate. It is found that by the evaporation of its lighter volatiles oil standing in an open tank decreases in gravity at an average of 1 a week for the first few weeks, thus losing in value about 10 cents per barrel per week. A test made with oil fresh from the pump showed a loss of more than 7.3 in three months. The evaporation is much greater in dry or warm than in wet or cold weather. This loss probably accounts for the fact that the oil in many instances tests below the expectations of the producer, who nearly everywhere uses open tanks, usually of wood, without a protecting cover. The Standard Oil Company avoids this great loss, as far as possible, by making its tanks practically air-tight and by closing them immediately after they are filled. When the Standard Oil Company first began buying oil and established a general market in these fields it divided the Kansas territory into two divisions, named North Neodesha and South Neodesha. As the division line between the two areas thus created is the township line, about 3 miles north of Fredonia and 9 miles north of Neodesha, the whole of the Independence quadrangle lies in the South Neodesha division. This division contains the heavier oil, for which, until recently, the company has constantly paid 20 cents per barrel more, than for oil from the North Neodesha division. Early in the summer of 1903 South Neodesha oil sold as high as $1.38 per barrel, the highest price ever reached by Kansas oil. Late in the year 1904 the Standard Oil Company revised this mode of classifying oils and began buying by gravity tests. It set its highest price on oil with a gravity of 32 B. (0.8641), which it still calls South Neodesha oil. Oils heavier than this were discounted 10 cents per ba...
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Seller's Description:
Small 4to. Stiff tan wrappers with modern brown cloth tape spine. xii, 155pp. Figures, line drawings, 3 partly-colored maps (one foldout), 2 large loose folding maps. Very good. Wrappers a bit chipped and edgeworn, with several old tape marks, but tight and internally bright and sharp. Attractive first edition of this Bulletin No. XIX, also #12 in the Economic Series, of the "Wisconsin Geological and Natural History Survey." The two large loose color maps are bright and handsome.