, 1865-08-30
OIL INTELLIGENCE.
Letter from the Ohio Oil Regions,
HENS from the Well KorrEA In Penn.
Hylrunla, Ohio. Wcst Virginia. 1tll-
nofs, Cnnoda, &c. DC.
Correspondence Of the Chicago Tribune.]

nO14S 10NN0At XCss cAEs
fcorrcspondeuce OF the chisso Tr1bune.]
P1KErox, P1Ke Co., ONO.
Auo. -, 1866. {
j came here 4 few days ago BY way of the
Great Eastern Railroad from Chicago 10 Gin
and the stage to Piketon. l find the Little
Scioto Valley on both sides Of the river, aud
especially In Pike aud Scioto Counties, alive
10 the oil excitement, Everybody talks oil
and nothing else. There Is the same uncer-
tainty concerning the SUCCESS Of investments
here that there always Is in country where
the land Is get undeveloped: where there are
no producing wells. Only one well has been
putt ae e RaoS ao We Bar 1ss
struck rein Of oil when down two or three
hundred feet, and instead OF pumping It then,
they went down SOME eight hundred feet and
struck IN immense vein Of salt water,
which is still flowing out Of It. They Claim
that when they tube their water OF they shal
have a9WiaE @ 81 vel IT. ana many srggensnesd
ing when they were down two or three hun
dred feet they would hare had u paying well.
A New York company own this well.
This Is the only well dorm; so you sec the
country Is undeveloped. There Is d well be-
ing bored mile farther down Bear creek.
This Is the well where the gas caught fire and
burned up the derricks, &c. Since the fire
they have drilled along for several days with,
out any "show' Of gas unul today, whcni
has commenced to rush up again and is Ia
creasing. A we'll is going down on People
creek, some distance north of the others, with
good "show" of gus. The Brush Creek
Company-a Chicago compauy--are about
commencing q well On Brush creek, south OF
Bear creek. These are all the wells started
in Pike and Scfoto counties on the west side
Of the Sc'oto river. On the east side Of the
river only two are stnted+ both in Pike coun-
ty.t One, the Taylor well, is only down about
TOO feet, and oil Is brought out In the sand
ont, with good "shows,' Of gas and strong
smell Of petroleum. The other, the Piketon
well, Is IN the village Of Piketon, and is but
just commenced but as two separate WITCH
hazel switches, swung by two separate and
impartial 1nen, have miracnlously combined
in designating that spot rs the place where m
immense reservoir OF petroleum IS only wait-
in the Piketon sunlight, 1t would be extreme
II unkind TO doubt that the gentlemen who
run this thing are, prospectively, very wealthy
men.
In addition to these, companies are now
forming IN Cincinnati, Cleveland Chiflicothe,
Boston, New York, Washington, Chicago and
other cities, who contemplate putting down
wells as soon us they get into operation; aud
SOME of whom are now purchasing machinery
and preparing to bore. The best lands in
Pike county seem to be on the east side Of the
river, consequently the highest prices rule
there.
lmet some gentlemen here the other day
who were sent ua q committee from Chicago
to examine these lands, with view TO invest
mcut. They returned to Chicago yesterday,
after having spent seSeral days IN going over
theIlands, examining the springs, wells and
other '.shows.s' understand TINT they have
made arrangements to purchase farm on the
east side of the river, near the Bliss farm,
about a mile from the Taylor well, and intend
to form small, compact, working company,
and commence boring Immediately.
i GENERAL OIL ITEMS.
= The great Phillips well, on Tarr Farm, Is
Yielding 200 barrels, having gained atts IN twe Y
" a new $50 barrel well, on the John Nc
Cli9tock farm, si1ty-dye feet above: the leve!
of The creek, Is reported.
:! Church Run, near 7ftusyille, has ne"
! forty lar1el we'll ...,,
The Clyde well, on D'nkard, gives u;
'a 1T is estimated that s1a a,ooo, 900 are in
| vested In the Pit Hole oil territory: The cog M
e gettiaagg. ag.a an engine from Oh City TO ri
THE Ingersoll well, On Lot 80, Is again a
work. yielding thirty barrels.
The "Iaekson;," twenty barrel well, OF
| Lot7b, has been struck.
The Bliss wells, on the Clapp farm, twe
| Of which started: up '.late1y, are producing
! from ten to forty barrels each per day: Tht
I Everett well. on the same farm, which Is JUS
I finished and being tested, Will be forty bar
rel we'll. .-'
| i The present daily product on Sugar Creel
is 40 barrels. A new well was pumped OF
the Roberts farm, French Greek, on Friday
1t yields 50 barrels.
/ ~: y The oil fever at Ballston, N. r. does moi
Bublide.: A meeting Of the leading land
era of that village and Vicinity was held at tn