RI 2105 Cooperative Petroleum Work in Rocky Mountain Fields

"INTRODUCTION Organizations formed for the purpose of conducting conservation work in oil fields, in order to conserve and prolong the supply of crude petroleum are rare and novel. Such an organization is the Rocky Mountain Petroleum Association, Denver, Colo, As our production of petroleum can no longer keep with the consumption, the plan of organization, character of work, and results obtained by this association are well worth considering. It is hoped that the results achieved in the Wyoming fields will serve to stimulate similar organizations among operators in the state or other oil fields of the United States, The Rocky Mountain Petroleum Association, Danvers Colo., was formed in May, 1919. It comprises the Midwest Refining Co,. The Ohio Oil Co., and the Continental Oil Co. These three companies entered into a cooperative agree¬ment with the Federal Bureau of Mines whereby $30,000 would be spent under the direction of the bureau, which agreed to furnish competent men, and to furnish the work and expenditure of funds. Although the financial burden for the first year's work, now drawing o a close, was carried by only three companies, they stipulated their desire that the benefit of the work should accrue to the industry, and that the personnel employed should be as zealous to assist one operator as another, without regard to whether ha was contributing to the support of the work or not."