The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1865-01-16
Oil Intelligence.

We have seen some crude petroleum
taken from a we'll two hundred and fifty
feet deep, situated in the town of Crest
line, Ohio The oil is of dark brown
color, and of the consistency of tar, but
burns in its crude state with great bril-
liancy. The well frep which it is obtain
ed is being tubed, and machinery being
obtained to pump it. Another well, a
short distance from the above, and only
one hundred and fifteen feet deep, has
Welded a most excellent article Of lubri-
eating oil, two barrels being pumped
therefrom in one hour, which sold in
Cleveland for fifty dollars per barrel.
Mr.. Gilbert, of GAINESVILLE, Ohio, re-
Gently sold his oil we'll OH Federal creek
for Sax, 600
Hon. w. P. Schell, and some other
Eastern capitalists, have purchased some
$500 acres of land, on Deer creek and
Clarion river, and have organized ten
companies to develop it. The land is
| the old Beaver Furnace property, and is
| very favorably situated. Each company
will put an engine on the ground with
out delay, and ten wells will be put
down i'm short time Four companies
have also been organized, with Hon. T.
Ramsdell for President. Their land Is
Oh the Clarion and its tributaries. They
intend commencing operations inmedi-
ately.
The Morgan Herald, published at Nc
Connelsville, Ohio, contains the follow
ing items: "a lease of twenty acres of
oil land on Duck creek, belonging to j.
b. Welch & Co., has just been sold for
ten Thousand dollars. 1t is said to be
very rich in oil The company still hold
more of the same sort Several barrels
of oil have this week been taken from the
Stafford wells, near town, which were for
merly known as the Brown wells. 1t is,
we believe, the intention of Coloucl Stat
ford to deepen these wells. We under
stand that j. j. Ingalls, has obtained a
lease on farm in the northern part of
this county, on which there is meadow
so rich in oil that all you have to do is to
dig a hole and it Immediately fills with
oil"
From the Venafgo oil regions we learn
that large vein of oil was struck on the
farm recently owned by David Smith, Jr.
This is thelargest well yet opened ON the
river below East Sandy. 1t is in Rock
land township, nearly opposite the
mouth of Big Scrubgrass. A large show
Of oil has been struck on the head waters
of East Sandy, at the old Smullin Fur
mace, at the depth of about 800 feet. 1t
has not been tubed, but it is thought
that it will be a good we'll. This well is
near the line of Clarion county, and
opens the head waters of East Sandy
Greek, Pine run, and other tributaries to
favorable consideration. The Surface
shows" on the Clark farm, in Richmond
township, is said to be very large, and
the geological formation there is similar
to the place where the recent strike is
said to have been made.
The land interest, in fee simple, with
the new flowing Well on the farm of
Thomas Holmden, OH Pithole creek, was
bought OH Wednesday by Gen. John. n.
Purviance, of Butler, Charles NJ Phil
lips, of New Castle, and DR. McAboy, of
Pittsburgh. This interest is said to be
worth one million of dollars. Great eX-
element prevails in Oil City over recent
discoveries in that highly favored, as well
as highly favored, locality.