University of Houston Digital Library: Socialist and Communist Pamphlets: The natural wealth of the Soviet union and its exploitation

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The natural wealth of the Soviet union and its exploitation

Image 40

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Gubkin, I. M. (Ivan Mikhaĭlovich), 1871-1939. The natural wealth of the Soviet union and its exploitation - Image 40. 1932. Special Collections, University of Houston Libraries. University of Houston Digital Library. Web. April 22, 2021. https://digital.lib.uh.edu/collection/scpamp/item/6492/show/6455.

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Gubkin, I. M. (Ivan Mikhaĭlovich), 1871-1939. (1932). The natural wealth of the Soviet union and its exploitation - Image 40. Socialist and Communist Pamphlets. Special Collections, University of Houston Libraries. Retrieved from https://digital.lib.uh.edu/collection/scpamp/item/6492/show/6455

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Gubkin, I. M. (Ivan Mikhaĭlovich), 1871-1939, The natural wealth of the Soviet union and its exploitation - Image 40, 1932, Socialist and Communist Pamphlets, Special Collections, University of Houston Libraries, accessed April 22, 2021, https://digital.lib.uh.edu/collection/scpamp/item/6492/show/6455.

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Compound Item Description

Title	The natural wealth of the Soviet union and its exploitation
Alternative Title	The natural wealth of the Soviet union and its exploitation: an address delivered before the extraordinary session of the Academy of Sciences of the Soviet union held in Moscow, June 21 - 27, 1931
Creator (LCNAF)	Gubkin, I. M. (Ivan Mikhaĭlovich), 1871-1939
Contributor (Local)	Akademii︠a︡ nauk SSSR
Publisher	Co-operative Publishing Society of Foreign Workers in the U.S.S.R.
Place of Creation (TGN)	Moscow, Russia
Date	1932
Subject.Topical (LCSH)	Natural resources
Subject.Geographic (TGN)	Soviet Union
Genre (AAT)	pamphlets
Language	English
Type (DCMI)	Text
Original Item Location	HC335.G82 1932
Original Item URL	http://library.uh.edu/record=b8304510~S5
Original Collection	Socialist and Communist Pamphlets
Digital Collection	Socialist and Communist Pamphlets
Digital Collection URL	http://digital.lib.uh.edu/collection/scpamp
Repository	Special Collections, University of Houston Libraries
Repository URL	http://libraries.uh.edu/branches/special-collections
Use and Reproduction	In Copyright: This item is protected by copyright. Copyright to this resource is held by the creator or current rights holder, and the resource is provided here for educational purposes. It may not be reproduced or distributed in any format without permission of the copyright owner. Users assume full responsibility for any infringement of copyright or related rights.
File Name	index.cpd

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Item Description

Title	Image 40
Format (IMT)	image/jpeg
File Name	uhlib_1800818_039.jpg
Transcript	5 times 50, or 250 million tons, which is quite close to the figure given by the American geologist David White. We do not and cannot make any estimates as regards the other districts, as we have no relative data. Let us examine instead the possible prospects of a further development of our oil industry. I have said that the respective roles of the U.S.A. and the U.S.S.R. may be reversed, and I did not say so without reason. We are in the ascendent, whereas the United States has already reached the zenith of its oil power; its inevitable decline will set in, while we shall grow from year to year. It may well be said that we are just beginning to live properly. As a matter of fact our Union, owing to the relatively poorly* developed state of its oil industry, has not exhausted its oil possibilities by far, whereas the United States will soon approach the limit of its oil resources. The total area of our oilfields now under operation does not exceed 10,000 hectares, whereas in the United States the productive oil and gas producing areas in 1925 showed a total of about 860,000 hectares. During the whole period we have drilled no more than 10,000 wells, while in the U.S.A. up to 1928 inclusive 763,000 wells had been drilled; in 1929 alone 23,356 wells were drilled, 7,914 of which, or 30 per cent, proved dry. In other words, in the U.S.A. in one year they drilled 2.6 times as many wells as we have done during the entire period of the existence of our oil industry. They operate much more aggressively than we do. While in the U.S.A. boring operations were carried on all over the country, and hundreds of new oil wells were discovered (in the state of Oklahoma alone 300 oil and gas deposits were struck), we are stubbornly confining our activities to 4 or 5 localities. The Baku oilfields have been worked by us for about 60 years, those of Grozny for 40 years, and of Maikop and 38