The New Zealand Railways Magazine, Volume 1, Issue 7 (December 15, 1926)
From The Bowels Of The Earth
From The Bowels Of The Earth.
After spending more than 4,000,000 dollars in exploratory work, the Imperial Oil Company, Ltd., according to its president, Mr. C. O. Stillman, “has at last obtained a supply of crude oil in Canada.” One well in the province of Alberta is now yielding more than 500 barrels daily, and is showing no signs of diminution. This is the famous Royalite No. 4 well, which was “brought in” in October of 1924. In addition to the oil, the well produces daily about 18,000,000 cubic feet of natural gas, 14,000,000 cubic feet of which is distributed for domestic use through the mains of the Calgary Gas Company.