The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1882-02-01

- AuVhN w no AnuAo Un AlG0f1A NNNNfAH
about half mile from Collins mill,
in Hickory township. A company
has be en- formed composed Of citizens
of our town and called the Tionesta
Oil Co. Mr.. S. J. Wolcott will have
charge of putting down the we'll,
which will be commenced forthwith,
and pushed to completion as soon as
possible. This we'll will be located |
short distance from tho old one that
was sunk in '65 or '66, and 10 which
large amount Of oil was found, it
having thrown out a stream of oil the
full size Of the tubing for several
hours. But it was put down in the
days when people were green in the
business, and when hundreds of wells
were ruined by being drowned out
with salt water. Oil was worth moth
ing, so to speak, at that time, aud
anything less than a seventy-tive or
hundred barrel we'll did not pay. The
Company is sNnguine of making a
strike, and from the best information
we can gether it would seem that their
hopes are we'll grounded. The oil
bearing rock is expected to be found
at the depth of 800 or 900 feet. The
territory is also supposed to be an ex.
tension Of the Economic territory,
near Tidioute.
Saturdays Derrick contained the
following budget of oil news, which is
of interest to land owners of Forest
county:
SHEFFIELD.
} Horton & Crary completed small
we'll up the East Branch, on lot 1896,
this week. 1t was turned into the
3 tank at one o'clock Thursday, and at
r ten o'clock to-day had put in eight
inches, or about twenty-four barrels
j, 1t will soon settle to an eight or ten
r barrel producer.
J. Melvin, Walker, Wetmore, Howe
r & Co.'s we'll, near the above, which
y was completed last week, is an eight
t inch we'll. The same company has 1
d rig standing in the southwest corner o
t lot 408. They will probably make
g few more locations after the first of th'
month. We suggest that this firm
= adopt some name for its grand aggre
CATION of individuals, which we arr
assured by one of the firm is so larg
= that their production in this distric
: is scarcely large enough to allow then
. . a barrel apiece. The Oscar Wild
. company, or the "Esthetic oil com
% pany," would be much easier to write
= Mckinney, Emerson & Co.'S drill
ing we'll, on the Williamson farm
- southwest of all developments, shoul
reach the sand about the first of th
!; month. 1t is an important test vel
4 as on its result depends the extent {
the pool to the southest, and also tt
- connection with the Blue Jay distric
=, Those who are best posted on the te
bo ritory, anticipate dry hole, but IL
field has been so fruitful Of surpris
that not much dependence can
"a placed on antioipations.
d. The Union oil company is buildir
ty rig for its No. 4, lot 409.
he On lot 407, Stewart & Co., will
ie' near the sand by the first of Februar
ice This is also an important well, as
Dol test of the western extension of &
eS' pool.
Wy Mondays Derrick: Clark & A
Try mor's No. A, lot 397, Sheffield, W
a shot Saturday. After the shooting
ng filed up about 800 feet with oil.
ed, will probably make twelve barr
KS producer.
'ur The Elliott & TOrrey we'll, on
tu' So, Alma, found twenty five feet
ay, sand, fifteen feet of which is cons
me- cred good. 1t had a small showing
md oil, much like the other wells in th
Ite' vicinity, and would probably make
ers five. barrel pumper. Tho Thornt
use we'll, on lot 58, directly east of t
Elliott venture. is drilling below
sand level, with no signs of sand
oil The Elliott veil found its sa
in an irregular formation and betwe
INV forty and fifty feet below the regu
eand borizon