New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-03-06
THE OIL WELLS OF PENNSYLVANIA.
Correspondence of The N. Y. Tribune.

Correspondence of The N. Y. Tribune
IITUsvILLE, Crawford Co., Pa, Feb. 20, 1860.
SIR Since l wrote you last lin December think,
have been looking round among the oil wells a: Ii
tusvile and in that vicinity Thinking that your read
ers VI uld like to know how the present developments
correspond with the predictions two months since,
will give The result Of my Investigations, and you may
give them to the world, or to the flames.
The Oldest well. leased from the Pennsylvania Rock
Oil Company by the Seneca Oil Company, doing re-
eulsr busness Of 500 gallons Of pure oil per day. Col.
Drake sinking another well in the immedl ste vlcn-
ity of the former with every prospect Of success.
One mile below, Crossey 81 Co. have found abun-
dance of oil, bat are not barrelng any at present.
few rods below Stackpole ~ Fletcher have found, in
ADDITION to fine show Of oil very strong salt wei,
making two of salt to the gallon OF water.
The oil s Of disadv aDtage to the salt water, as
separates perfectly than the fresh water springs
This Rrs at soq1itiOn 70 this country, as all the
salt is imported from the Lake The mex, well of i'm
portance if the Ilibbard, or Cottonwood well Brewer,
Kellogg, and Others proprietors. This well Is one OF
the best and will about 400 gall pms per day. The
oil Of this well is Of thicker quality, and VIII be
better lubre0t0r than the oils Of less SPECIFIC gravity
The next well is the famous " McClintoek well,
Brewer, Watson e. Co. propretors. The OIL from this
WELL daily, is vaiously estimated from 200 10 O
gallons The proprietors OF this well have large
amount of oil territory and either boring, hsv
rg bored some twelve wells on the choice points along
the banks Of Oil Creek. They have quantity of
oil lands on the Caldwell Creek, one Of the tributaries
OF vi Lleek. Inc mOctuOD5 on tnlb Etttr bJroox
are nearly as good any yet discovered. They are
also the eseees of the Indian Reservation in the State
of New-York, where the oil is new thing. The
spring of Parker e. Barr sdal of Titusvie, which has
been OF doubtful promse for few weeks, is now one
# the beet, if not the best, yet opened think 800
gallons per day high estimate TO put this well.
The oil is thin and fine, and will lose but trfs i'm
rectfying. BarBsdall disposed Of one-sixteenth OF
their oil interest for $40 600, cash, to company from
Ohio, the whole of which, in September, might have
been purchased for many hundreds. These are all
the wells really in working order but many more ara
nearly completed, and promise well for the future.
As / write, there is sesdlyincreaslng demand for
oil territory, and the excitement 10 the vicinity OF Oil
Creek claims, with good surface show OF oil,
was never great. One year 20, and this qnes val.
ley knew scarcely nything Of the outside world, ex-
ceptipg what was reported by merchants returning
from the East and the thirty forty copies of TIE
TRIBUNE which were weekly received; now we ges
the Semi Weekly and Daily.
This important and surprising discovery OF natural
wealth is destined 10 make this Of the wealthiest
portions Of the country Mechanics OF all kinds are III
great mand the local trade has increased 20 more than
fourfod what II was in the Fail. Capital is being in
vested in large amOuuts. The people here have no
idea of deprvng themselves of the advantage arising
from he influx Of strangers and willing and de-
sirous that all who choose should share their opportu
mites of making fortune. Now four-horse coaches
daily the road insufficient TO accommodate the
travel, which has heretofore been accomplished with
two-horse hack twice q week. b.