The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1865-11-03
Some four weeks since. well w

Some four weeks since. a well was
struck on Dennis river-a small run about
one mile in length which comes into the
Allegheny just below Tidioute-and flowed
500 barrels daily. This streak of luck
not being so soon anticipated, although
fondly hoped for, there was not tankage
capacity for such quantity; and. after
filling everything holtOw, they We're obliged
to turn the pipe into the stream, and see
the green backs (metaphorically run away,
to their great chagrin and the delight of
sundry urchins who, with dippers, pals,
cups and whatever came handy, were Dip
ping it up and making little dams where
no small amount would collect, and after
settling would handsomely repay for their
trouble of securing it.
This state of things will not last long,
however, as they are making arrangements
to fill boats and transport in that way any
surplus. This mode of conveyance is not
untrequently resorted to, and Is OF vast
service, in an emergency likely to arise at
any time, for flowing we'll is very deli
cate thing to handle. 1t won't DO 10 shut
ii up tight and expect the flow TO resume
Oh releasing the bands, for by that time it
may have concluded not to do any more
business and 10! your labor is lost. Let
them have their own way and they will
do much better.
On Monday morning, | visited Il well
about five rods below this big one, and
found the parties just ready to "test" ii.
| mounted the tank in favorable position
for watching the progress of events and in
three minutes from the starting OF the ell
gine, there was a two inch stream of oil
coming from the mouth of the pipe good
eight feet across the tank.
The countenances Of the lucky owners
and borers who had been working and
waiting since Jul sometimes doubling.
again elated, and AGAIN desponding as the
different places Of the boring indicated
success Or failurc-were beaming with
satisfaction and they were ready to shake
hands with any one who came to see
them. | had the pleasure of barreling the
the first "A bbls OF oil that ever ran from
that well. Late in the evening, | visited
it again and found she had been producing
at the rate Of ii 81 bblS. per hour tor
fifteen hours or equal TO $50 per day. Oil
was worth on the spot $50 TO $1,000
per barrel. One half of the oil goes AS Il
Royalty to the land owners. and the other
halt is for the working interest. with which
ii would require very considerable
amount Of green backs TO buy 4 quarter,
eighth. tenth or whatever fraction the
lucky holders might SEE lit 10 part with.
On Oil Creek, in It's palnly DAYS. q we'll
was estimated 10 be worth about $1,000
per barrel Of its average product. Al Pit
Hole they demand about 81. O01 now. but
this well, | should certainly think. was
worth nearer Si.ooo than any have ever
seen, because of IL proximity 10 tran>por-
tation. AT. say, 500 barrels per day, it
would he worth the snug little sum ot
81. 100000.
intended 10 give YOU short account
ofmy home trip, but l fear have - poor
" kept my promise of a - short account. =
made when commenced, that haze IN
CURED the risk of being deemed prosy \
iudicious and free Use of the editorial sci>-
>ors, however, will, | trust. make this
rambling eplstle pre>entable.
Yours very truly. L. 4. l..