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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: The Barracuda™ who wrote (875)	5/31/2003 9:25:12 PM
From: E. Charters	Respond to of 16206

That chalk line must have been some long, as the nearest oil was on the Southwest in Carey Lake, and in the northeast near Louisiana. Lloyd knew the woodbine contained water or oil, and also that it was in Rusk and Gregg counties. What must have caught his attention in spite of the dry hole drilled in Kilgore 12 years before, was that the Woodbine had oil near Carey Lake, but the Sabine appeared to be bypassed by petroliferous faults to the northwest. In between the two areas was a 130 mile dry zone. And there was no structure there at all, except the Sabine uplift. Lloyd knew, however where the Woodbine would be by general dip in the area, and by the dry Rucker well. He also knew that formations thinned out by the time they abutted the uplift. He seemed to know that the Daisy Bradford was too far east to be a good well. He had begged joiner to drill further west but Joiner could not afford it. He must have then been aiming at a structure in those areas, and that is had to have been connected with the thinning beds. He never explained anything, and he knew his reports were just sales material. He could not afford to do gravity or seismics. What could have been on Lloyd's mind, in the absence of any sure fire evidence, was that the faults were somehow wiped out by the uplift, and the formations had abutted against some kind of neutral density intrusive which would be a trap. It may have been too deep, he may have reasoned, to register on the instruments in an exact manner, but the bed disturbance may be there all the same. Of course seismic would have seen that intrusive. Could he have foreseen the actual mechanism of a shoreline sediment remobilization and chalk overlay? Well he knew about the chalk, and he knew the beds thinned out. He could have figured that the beds thinned out upwards against the chalk by the Sabine "bending them out" forming an invisible trap. He did know that east of there, the Woodbine was not present at all. So he must have thought there was an abutting structure, a fault or a thin out to the overlying trap rock whether it registered or not. All we really know is that he knew the exact depth of the Woobine, were it would contain the richest oil, and that the fields would be of unusual magnitude. And he said exactly that. He could not have been just guessing as he had located the Cement and Seminole fields with the same uncanny accuracy and with as little information. He bet long and won. He took the Longview. Lloyd was a wildcat geologist, and he may have misled the competition and never explained his reasons, but in that business it is legion to do so. For my vote he thought it out, and kept it quiet as to what he knew. It would have been highly fashionable then as we see it is today in the mining business to disparage his country-boy knowledge, but especially so, when he was more farsighted than the big money boys. So they put it down to luck. I would like to hire a dozen lucky men like Joseph Durham if I could. EC<:-}