Petroleum and Natural Gas In Oklahoma By L. C. JJNIDER, A. M., Assistant Director of the Oklahoma Geological Survey Oklahoma City, Okla. THE HARLOW-RATLIFF COMPANY 1913 PREFACE This hand book is written with the view of putting within reach of all interested, a comprehensive but brief review of the oil and gas industry of Oklahoma, and the prospects for the future development of this industry. A large portion of the book is taken up with descriptions of the producing fields and discussions of the conditions in these fields. The geology of the State is considered with reference to the occurrence of oil and gas in the developed areas and with reference to the probable or possible occur rence of these substances in other portions of the State. The methods of prospecting for oil and gas and the use of geology as a guide for prospecting are considered rather fully. Some items of general interest, such as brief notes on transportation and refining, are included. In the con sideration of the oil and gas of the different fields it is necessary to refer constantly to the geologic conditions which exist in the area. For the benefit of those who have had no training in geology brief discussions of the nature and mode of origin of rocks, and of the structure or posi tion in which the rocks are found are given. All the geol ogic terms used in the book are explained in these sections. Development maps showing the state of development in the early part of 1913, are given for all the important pools. The information for these maps has been obtained from the maps of the Gulf Pipe Line Company and of the Tulsa Mapping Company. The character of the rocks passed through in drilling in the different poolsis illus trated by means of typical well logs. The statistics are taken from Mineral Resources of the United States pub lished by the United States Geological Survey. 1NTRODUCT10JN The daily output of oil in Oklahoma has a value of more than 1,000,000 a week. Natural gas to the value of more than 185,000 is marketed every seven days. The total value of oil and gas is now running at about 7Q, Q QQ, -000 a year. These figures more than any words will im press on the mind the commercial value of Oklahomas oil and gas industry. To this amount should be added the values of refinery products and natural gas gasoline m well as that of the scores of industries which draw on our natu ral gas for fuel The value of our raw products and of the Industries which subsist directly upon them swell the value of these commodities to an enormous total and make the oil and gas industry one of the first in the State, The present demand for information on oil and gas in Oklahoma is enormous. Few, if any, men are better qualified to supply this information than the author. Mr. Snider has written this book and compiled statistics dur ing such times as he was free from official duties. His in formation has been drawn in large measure from publica tions of the Oklahoma and United States Geological Sur veys. This has been materially supplemented by the per sonal knowledge of the author, acquired during five years of service for the State. During his field and office work Mr, Snider has had excellent opportunity to become con versant with the oil and gas geology of Oklahoma as a whole, and also with geologic and operating conditions in each particular field. In the preparation of this work the author has had in mindto supply general information to those actively en gaged in drilling and developing proven territory to guide in a general way those who are courageously wildcatting n in the various parts of the State and to Inform the gen eral public and especially the prospective investor as to conditions as they now exist. The book is a valuable aid to landowners who may or may not believe that oil and gas underlie their possessions. I have read a large part of Mr...

"Our purpose in writing this book is multifaceted. First, this book aims to present a clear understanding of going concern valuations, at the same time resolving the current misrepresentations surrounding the issue.

Additionally, this book offers a new set of rules readers can use to determine which property types qualify as going concern valuations and which do not."

This book presents an understanding that in performing a Going Concern Valuation of properties which are perceived to have a business component, it may not be possible to segregate, allocate, or value the components individually.

"For example, when appraising the going concern value of a motel with occupancy of 75% it could be argued and possibly proven that there is a value that can be separated from the overall value, or going concern value, to the business component. On the other hand, however, appraising that same motel with only 40% occupancy presents a completely different set of circumstances that could easily draw completely opposite conclusions. It simply may be a lack of sufficient tools or data to argue and prove that the business component in fact has value separate from the real estate. To do so with authority is tantamount to ignorance or arrogance."

Over the years we ve seen many changes in the real estate landscape. New business models, mergers and acquisitions on a grand scale have all had an impact, I m sure, but not so much from where I work. I am a Realtor(r). I am a streetfighter.
Real estate, like politics, is all local. While it s important to work with the very best company, my success depends almost exclusively on what my team and I do every day working the streets of our market. The mergers and acquisitions in real estate don t have much affect on those working the business at ground level. The real estate wars are won in the streets by the individual Realtor(r), the small real estate team and the local branch office or boutique company.
This book is written from the perspective of the basic DNA building blocks of the real estate business, from the individual agents and teams to branch offices. The thoughts and principles discussed are real-world and painfully field tested. They are common sense, and they work. Nothing fancy here . . . common sense and hard work.
For those owners and executives working above the street level, this book offers insights into how entrepreneurial agents businesses can excel with the support and partnership of the company. After all, we re all in this together. We re all on the same side. We just have different ro

A revised and updated edition of the landmark work the New York Times hailed as "a call to action for every developer, building owner, shareholder, chief executive, manager, teacher, worker and parent to start demanding healthy buildings with cleaner indoor air." For too long we've designed buildings that haven't focused on the people inside-their health, their ability to work effectively, and what that means for the bottom line. An authoritative introduction to a movement whose vital importance is now all too clear, Healthy Buildings breaks down the science and makes a compelling business case for creating healthier offices, schools, and homes. As the COVID-19 crisis brought into sharp focus, indoor spaces can make you sick-or keep you healthy. Fortunately, we now have the know-how and technology to keep people safe indoors. But there is more to securing your office, school, or home than wiping down surfaces. Levels of carbon dioxide, particulates, humidity, pollution, and a toxic soup of volatile organic compounds from everyday products can influence our health in ways people aren't always aware of. This landmark book, revised and updated with the latest research since the COVID-19 pandemic, lays out a compelling case for more environmentally friendly and less toxic offices, schools, and homes. It features a concise explanation of disease transmission indoors, and provides tips for making buildings the first line of defense. Joe Allen and John Macomber dispel the myth that we can't have both energy-efficient buildings and good indoor air quality. We can-and must-have both. At the center of the great convergence of green, smart, and safe buildings, healthy buildings are vital to the push for more sustainable urbanization that will shape our future.

This book discusses the regulatory and trade challenges facing the global adoption of biotechnological products and offers strategies for overcoming these obstacles and moving towards greater global food security. The first section of the book establishes the context of the conflict, discussing the challenges of global governance, international trade, and the history of regulation of genetically modified (GM) crops. In this section, the authors emphasize the shift from exclusively science-based regulation to the more socio-economically focused framework established by the Cartagena Protocol on Biosafety, which was adopted in 2000. The second section of the book provides a snapshot of the current state of international GM crop adoption and regulation, highlighting the US, Canada, and the EU. The final section of the book identifies options for breaking the gridlock of regulation and trade that presently exist. This book adds to the current literature by providing new information about innovative agricultural technologies and encouraging debate by providing an alternative to the narratives espoused by environmental non-governmental organizations. This book will appeal to students of economics, political science, and policy analysis, as well as members of regulatory agencies and agricultural industry firms.

This edition includes a stellar cast of contributors. Experts from the Mortgage Bankers Associaiton, Freddie Mac and Fannie Mae discuss the most critical issues facing the mortgage lending industry today, including: merges and acquisitions; legal and regulatory issues; origination--retail, wholesale and builder protection; hedging mortgage pipeline fallout; automating mortgage banking operations.

Real estate is sold as a much safer investment than the constantly fluctuating stock market. Share price volatility is compared unfavourably with the steadier and impressive gains made from real estate which is, we are told, 'as safe as houses'. As millions of Americans - and countless others in the Western world - have recently found to their cost, house prices can also suddenly and dramatically drop. Yet no other text on real estate, either current or from the past, mentions this fact, reinforcing the perception that real estate is an almost risk-free investment. Now for the first time, and long overdue, a book that details and explains the cyclical nature of real estate. The latest real estate downturn in the USA (and in other countries) is just one of many that have occurred since 1800 with astonishing regularity. This book is the story of the American experience of those downturns: the move out of recession, how the banking system facilitates that move, the boom and the characters that shaped it, the bust and accompanying bank failures, and then the recession, or worse, depression. This is always followed by a new cycle repeating each phase again, varied only by the new ways bankers find to avoid the regulations put in place after each collapse to ensure it will never happen again. The Secret Life of Real Estate and Banking explains, quite simply, how the real estate cycle originates, offers a fascinating study of US history to illustrate the stages through which each cycle passes, then explains why this cycle of boom and bust must repeat, given present economic conditions. Real estate can only be a truly winning investment if you know the cycle. For investors, the author has designed an 18-year Real Estate Clock which plots the progress of the cycle, with tell-tale signs so that investors can recognise exactly where they are in the cycle at any point in time and so help them decide whether to invest, sit tight or sell. He has refined this clock over a period of many years and those who have attended his courses have found it an invaluable and remarkably accurate guide for their investment strategies, not only in real estate. With its invaluable insights and practical guidance, The Secret Life of Real Estate and Banking is a book for both novice and experienced investors alike who want to know why the real estate cycle moves as it does, learn how this movement can be forecast well in advance, and more importantly, wish to learn how to profit from this knowledge. A must read for any serious investor.

In 2006 residential real estate prices peaked and started to fall, then threatened the world's financial institutions in 2007, and confronted the global economy with disaster in 2008. In the past few years, millions of people have lost very substantial portions of their wealth. And while the markets have rebounded considerably, they are still far from a full recovery. Now, professional economists, policy experts, public intellectuals, and the public at large are all struggling to understand the crisis that has engulfed us.
In The Financial Crisis of Our Time, Robert W. Kolb provides an essential, comprehensive review of the context within which these events unfolded, arguing that while the crisis had no single cause, housing finance played a central role, and that to understand what happened, one must comprehend the mechanism by which the housing industry came into crisis. Kolb offers a history of the housing finance system as it developed throughout the twentieth century, and especially in the period from 1990 to 2006, showing how the originate-to-distribute model of mortgage financing presented market participants with a "clockwork of perverse incentives." In this system, various participants-simply by pursuing their narrow personal interests-participated in an elaborate mechanism that led to disaster. The book then gives a narrative of the crisis as it developed and analyzes all of the participants in the housing market, from the home buyers to investors in collaterialized debt obligations (CDOs). At each step, the book explains in a nontechnical manner the essential relationships among the market participants and zeroes in on the incentives facing each party. The book also includes an extensive glossary and a detailed, authoritative timeline of the subprime financial crisis.
Offering a unique look at the participants and incentives within the housing finance industry and its role in the biggest financial catastrophe in recent history, Robert W. Kolb provides one of the most comprehensive and illuminating accounts of the events that will be studied for decades to come as the financial crisis of our time.

This third volume in the "Environmental Regeneration Series," sponsored by the Rene Dubos Center, brings together original work by distinguished scholars and policy makers on the management of the nation's land resources. As the editors note at the outset, almost all questions of environmental quality or resource use ultimately focus upon the land. And, they argue, because most food and energy production, toxic waste storage, resource use, and other activities take place on privately owned land, socially responsible resource-related tradeoffs and good stewardship are at least as important for our private lands as for our public lands. In their examination of the bases for public interest and control of privately owned lands, the contributors consider the rights and obligations of the private owner, the different natural resource situations, regional variations, and the sometimes conflicting goals of different interest groups.

The contributors pay particular attention to interrelationships in land use, the linkages among all the components of resource systems, and the necessity of expanding system boundary definitions beyond traditional, technically-oriented definitions. Among the specific issues addressed are maintaining agricultural productivity, siting concerns, cross-media environmental problems, and multiple use considerations. Individual chapters are devoted to such topics as effective toxics management, biotechnology, acid rain, waste management, the location of industrial facilities, and nuclear waste packaging. Taken together, these essays will provide students of land management and policy makers in local and national government with a better understanding of the complex issues involved--an understanding that should lead to better informed decision making about the responsible use of our nation's private lands.

With numerous cogent examples from real estate markets worldwide, Dr. Hines makes it clear that investing in foreign real estate is by no means the same as investing domestically. She shows how, why, and when special strategies must be devised to enter the world market; conveys essential information on global investment opportunities; outlines career opportunities and advancement strategies in international investment; and provides insights into international business in the context of global real estate investing. Her focus on industrial, commercial, and residential real estate reflects both the major investment interests of world-class investment professionals and the diversity of real estate market conditions. Her book is thus an essential resource for professional real estate investors, teachers, and their graduate-level students. Dr. Hines focuses on the general investment strategies that successful and profitable international real estate investors have devised over many years and now follow assiduously. Readers gain knowledge of direct investment in industrial, commercial, and residential real estate and through the purchase of securities, such as real estate investment trusts and mortgage backed issues. After discussing basic international real estate differences and general acquisition strategies, the book moves to functional strategies, such as valuation, land development, construction, financing, and tax strategies. Dr. Hines concludes with a coverage of housing and shopping centers, office buildings, and industrial property investment--all of which allow readers to observe the differences among functional areas and then tie them to the differences among investments invarious types of properties. Her book covers Western, Eastern, and Central Europe; East, Southeast Central, and South Asia; Africa in general, and Morocco in Northwest Africa in particular; plus the Middle East and North and South America.

From long personal experience, research, and private conversations with international real estate investors, analysts, and marketing executives, Dr. Hines identifies succinctly and precisely the differences between investing in Japanese real estate and real estate elsewhere--the crucial differences, plus the risks and hazards that real estate professionals must know and understand. She shows that the new Japanese economic environment is having its affect on real estate there, how foreign investors are influencing the value of property and the systems to analyze it, and why the financing of real estate in Japan through loan and equity securitization is on the rise. Real estate professionals will be particularly interested in her coverage of commercial and residential property, while specialists with other interests will also get an unusual view of Japanese urban planning, land development, and tenure changes over time, information that is rarely available in English.

Dr. Hines focuses on the Tokyo metropolitan area and on office buildings and shopping centers, in general but she also covers residential and industrial property investment across Japan. Readers will get a quick view of the new investment climate and aspects of economic, cultural, governmental, and environmental change in Japan. She gives a brief history of Japanese land tenure and views current land planning and control from a historical perspective. For real estate professionals there are chapters on leasing, marketing, land development, and construction, and she delineates the differences between Japanese real estate appraisal and international valuation methods and practices. Also noted is the increased use of income capitalization methods. Dr. Hines examines differences between Japanese and international real estate investment methods of analysis, particularly in light of Japanese real estate financing and taxation. She also illustrates the imputed interest charge methods of investment analysis and gives special emphasis to internationally approved discounted cash flow analysis. Finally, the book examines the trend toward real estate securitization and shows how banks and other financial institutions are reducing their real estate lending and restructuring themselves to prepare for a new era of economic reform.

It is widely held that private ownership is the preferred end state for all scarce resources. Those who hold this view have not looked closely enough at water in the American West, Barbanell contends. Because of water's special attributes, private ownership is an ineffective means for protecting individuals interests. Splitting the various rights of ownership between individual resources users and the community to which they belong can better protect those interests. Barbanell develops a conception of this form of common ownership, a common-property arrangement, and shows that it can function effectively for water in the West. More generally, he offers an expanded framework for analyzing right relationships and examining problems related to resource scarcity.

Some economists argue that John Locke's account of property justifies the private ownership of water in the West. Barbanell argues, however, that because Locke did not think carefully enough about the variable nature of resources, his account does not support that conclusion. Although economists recognize that private ownership may not be perfectly suited to all resources, they are nonetheless skeptical about common ownership alternatives. Barbanell shows that this skepticism is unwarranted. When the rights relationship among members of a resource community is based on mutual expectations of reciprocal behavior, then a common-property arrangement can function effectively to control the degradation and depletion of a scarce resource. Barbanell's argument that common ownership is a conceptually sound and politically viable alternative for water will be of particular interest to public policy makers, environmentalists, resource economists, and political philosophers.

This book looks at how the multiplicity of formal and informal normative systems that actualize the post-disaster recovery goals of the country's Disaster Risk Reduction and Management Act of 2010 has resulted in the inadequate housing and relocation of Typhoon Ketsana victims in the Philippines. Using the sociological and normative pluralist perspectives and the case study method, it evaluates the level of conformity of the components of the housing project according to international conventions and legal standards. It highlights the negative unintended consequences caused by the complex normative regimes of various competing stakeholders, rigid real estate regulation, and the unscrupulous involvement of powerful and 'corrupt' real estate developers and housing groups as largely contributing to the project's deviation from the law's proactive objectives. This book attempts to promote the socio-legal perspectives which have long been overlooked in disaster research. Finally, it invites policymakers to enact a comprehensive disaster law and create a one-stop disaster management agency to improve the long-term rehabilitation of disaster victims in developing countries such as the Philippines.

The Housing Outlook discusses the major factors affecting housing activity, housing demand, supply responses, and housing costs. This book: establishes benchmarks for evaluating national housing performance; suggests goals for public policy; and provides a core of information for both the public and private sectors on decisions affecting housing. The authors examine housing demand and changes in inventory over the decade, and isolates the specific effects of new construction, rehabilitation and conversion, and losses on the decrease of the housing supply.