Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1866-03-07

from perfectly reliable sources. furnish the
following result:
The Mellon well has shipped $50 bar
.rels during period of 3 weeks. The
Bshn. or Prince well has shipped over
700 barrels in months. and was idle
about halt the time. The Lester we'll
shipped HOO barrels in 10 weeks. though
not in actual operation only abnt 6 weeks.
1t is only 2ss feet deep. The Wright
we'll shipped 200 barrels during the two
first weeks of its operating. The Pepper
well shipped 10000 barrels during Pc
riod of 8 months 1t is Al IL feet deep.
The Badger we'll has been in operation
having paid for he,s self already. il IS
24S feet deep. She sum of $4,000 is
slid to have been refused for one sixteenth
of it.
1t will be observed that instead of tax
ing the reported daily yield of well. |
have embraced period of several weeks
and even months. as furnishing much
safer basis for calculation. But it must
Ia borne ia mind that these wells and
their machinery and fixtures are all now,
and as a natural result have been idle
neatly balf the time during the periods
named for the purpose of regulating and
adjusting machinery, pumps. &c. which
accounts for the seeming discrepancy he.
tween the reported daily yield of we'll.
and the amount Of oil actually shipped
during given period of time. i-
Although there are many other wells
equally remnnerative, yet these few. &C.
lected entirely at random, will suffice to
show that the oil wells at Boutwell, are
extremely profitable. The cost of run
Ming a we'll sabout So per day, produced.
as the barrels are furnished by the pur-
chaser and not by the seller.
The price Of oil at the wells is now
about $40 per barrel in gold. 4.
The wells are sunk by means of drill
operated by steam power. very similar to
the operation of "churn drill" The
engine raises the drill while its own
weight gives it sufficient momentum. Re-
fore reaching the bel rock. which is usu-
al y from one to two hundred feetbelow the
surface. the operation is often retarded in
his work by coming in contact with small
boulders. or river cobbles. which the drill
is powerless to crush. and which will of.
ten keep before the dill for weeks before
they can be extricated. or driven aside
into the bank so that the drill can pass
by them. While drilling through the
earth the hole is .ubed with heavy sheet
iron tubing from to inches in diane
ter. After reaching the bed 70 X. the
hole is usually about four inches in diam.
eter. and is sometimes sunk at the rate of
from six to ten feet per day. Strange as
it may seem. it is considered less expen-
sive to Sink a well in rock than in earth.
After striking oil, the hole is tubcd
from top to bottom. with Artisan tubing
IN which works rod, with boxes, valves
etc, similarto any other pump. The pump
is operated by the upper end of he rod
being attached to one end of the walking
beam of the engine; while the pump.spout
is u long horizontal tube leading from the
pump to the tank outside the building.
The oil is usually mixed with more or
less water, and when conveyed to the
tank the water settles at the bottom and
is drawn of. while the oil remains aud is
ready for barrellipg.
The tanks usually hold from one to
two hundred barrels. and are in form and
size very similar to the large cisterns or
settlers in our starch mills, and cost near
$40 per hundred barrel capacity.
The cost of sinking we'll as done by
jobbels is about s. so per foot for any
distance not exceeding 500 feet. The
depth of wells at Rothwell usually ranges
from 200 to 400 feet
The cost Of an acre Of oil land. we'll
located. on territory thoroughly tested. and
surrounded by wells in successful opera
tion. may be purchased for about $4,000.
u. S. currency.-with one eight roy.
atty, or reser walton although in many
cases it is sold very much higher.
The average cost of wells. including
one acre Of land, engine buildings. pumps,
tubing and all other fixtures together with
board and salary of agent. may safely b.