The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-06-20
FROM TIE OIL RIBBONS.
Fire at Petroleum Centre-NeW Well
upon BennehOOf Eun-Ihe TAR
Fam Wells Why they stopped
EfeldInE-Ihe PithOle Wells.

new house, lately opened at 3 cost OF shout
$1,000 nearly AIlOf which was lost with
ont any insurance. It was located upon
the new street running north from the
McClintock House.
Another COED wen-the third-wss
struck on "Wednesday, On the BennehOof
Ran. 1t is on land owed by the Benne-
hoof Run Petroleum Company, the own
eu ofthe flowing well near the new one.
Pumping was commenced on Wednesday,
and on Thursday the well started up at
the rate of about one hundred barrels per
day. The other two wells upon this Bun
are doing about PM hundred and fifty and
ssvsnty-fEe barrels respectively. Proper.
ty in this neighborhood is now much
fought for and a large number of wells are
going down. The Company named above
owns q large tract about these wells, and
they have fixed the price of leases at $40,
600 bonus and ore half the Gil. This is
an enormous price and very few will pay
it. It is TOO much for any party TO ask, or
for anybody else to pay, but in the case In
question the Company are not anxious at
all to lease. They prefer to develcps the
land themselves,-the wells already down
yielding SC, well that they can hfOrdto do
so-snd they ssy to applicants, ave are
not anxious to lease. We have full conf
dence that the more wells we put down
ourselves the better it will pay US, but if
you choose to give our price We will lease
to you"
When it is considered that to the bonus
paid you must expend from six to eight
thousand dollars in sinking your well it
viii be seen that it will cost a small for
tune besides running the risk of getting no
oil after ell. There are other parties, how
ever, owning territory upon this Run, who
will probably be more liberal than this
Company.
The Oresk is now too low for much boat
log and teams are enjoying their monopoly
of the carrying trade. Seventy cents per
barrel ia now paid from Petroleum Centre
to Shsffsr Station. Word was received
here yesterday that the late heavy rains
had caused 8 rise Of four or five feet in the
river above Warren. This rise will GET
here in q day or two, but this will not at
fe. the side streams.
1 wrote you that the TAR Farm was
looking up as to its wells. There wsi
something very singular about the stop
ping of the wells upon this tract. One
well-the IvsnhOe-wss. being pumped
steadily at about one hundred and fifty
barrels in February last, until its owners
! were obliged TO shut down for want o.
tank room. They started up again in two
days, but from that day have go
any oil. Mr.. Phillips well, the Lane vel
and about q dozen others, all Of which
were producing, up 10 that time, also al
stopped. What the cause Of this genera
and sudden stoppage was, could not fol
9 long time be discovered, but at length i
was found that the tubing had been drawn
up from another we'll peal by and hsC
thus let down all the surface water to tn,
depths below. 1t is known that tn,
c~reviees in the third sand rock, where tn
oil is found,so communicate with each othe
that water let into one well will affect 81
the wells in its vicinity. The water beinl
heavier than the oil, drives II awSy intC
other portions of the crevices or out 81
together, and 80 when a well is left IN
tubed, the surface water rushes down, snC
allthe wells around, which have been pump
ing oil, will get nothing but water. On,
well left open may let in more water thar
half q dozen engines can pump out. I
il in this way that inefficient management
of a well is not only q loss to the owner
of that particular well, but a serious dam
sge to all around 1t. Many parties wal
to see il strike oiP' before ever orderini
their tubing: hence the wells may stsnC
weeks while waiting for tubing, and in tn,
meantime the water from ths surface snC
the water veins near the surface are food
ing not only this well, but perhaps 8 dozsl
Of others. The remedy is simple: let tn
legislature enact 8 law, compelling ever
man who sinks 8 well into veins which ar,
| NOuQu W COuLuuulG1 40 Will ObAbI WILLIE "
keep it tubed and seed bsgged or plugget
up.
Now then, IS the old-time sermons wer,
wont 70 say, to the application: Its SAT-
that thirteen wells upon the Tsrr Farm
are upon the ssme or Communicating vein
of oil Any one of tfese wells can hoot
and injure or ruin all the rest. One O
these did so iDjure all the others in Febru
airy last and the evil is but just being re
paired. Nearly all the wells which wer
yielding have been retubed, and several 0
thsm nave already started up. tn
Philips well is pumping about one hun
bred and fifty barrels per day, and other
are doing equally we'll in proportion 1
former yield. 1t is expected that tbi
once famous tract will regain much of it
former glory as producing territory.
"The Pithole wells are continuing 10 yielt
splendidly. The United States we'll is sal,
to be throwing fully one thousand barrel
per day, and the Moorhead well about fv
hundred. Leases are held very high il
that region. I have heard Of one cas-
where $4,000 was paid for a good lease be
tween these two wells. The aversg
amount paid is from SO, 600 to $4,000.
The oil from these PlLhole wells is YER
lght-the gravity being about 4s. /
large proportion of it evsporates rapidly
and for this reason it is not as valuable 70
refining as the heavier oils. This oil i
selling for about 81 at the wells, at thi
pciat-01 City. Six dollars is being psit
now. One of the heaviest buyers an
shippers at this point said q day or tw,
ago, that he was ready to contract 70
10000 barrels at IS so, and another buye
q y that he bias instructions from his prin
cipals st the East to buy rapidly. Thes
things confirm the general opinion tina
now is q good time to buy, and that Gil vii
advance very soon. The rise IN gold vii
have the same tendency. CHIPS.
-
. Ameetiug ofthe Representatives OF ths workini
and land interests 4 the Tzr Farm was held ieN
DAYS sgJ to consider tbs evil Of which l have spOker
above AMI tue remedy. 1t wss the Un7niDor
opinion that every well capable OF being wJlke
should be oassd with an STtesian tubing or casinl
down TO the second Band-s one, and 80 d bagg=d q
thst point. 1t was p 20 considerei Deeess ~ Il
q ed-b z, at the second SANDSTONE, every w1lnOy
ID 9. nd that in case tie pr. pfietOrs Of such we'll
we're abs Mt the expenses OF o doing shOu d be b IN
by I've par les present, or repre-e ted az the MEET
log in ; pro "a a rate IL was further agreed {
pump vigo ousiy aud continuously, all w-lIs whicl
are Vie di, or give pr mise Of Yield OF
AriTi ar mes ing was held on the blOod Farm
aud good results viii dOubttss cone iron tn
united action.