Savannah morning news. [volume] (Savannah) 1868-1887, 1885-07-03
nrrRonEUM STATISTICS.
,oterestfng Facts in Relation to
'O-D Observation-Disclosures.

...rIvauia was completed by COL
-, nasr Tltusville on Aug. y, lSo9,
l - which date the history OF this great
,.lnstrv begins. The production Tor tnat
il estimated at $4,000 barrels. In
e1it had increased to =, 49, 1872 barrels,
.d the average for the six years was
'-lff2t barrels per annum, or i, $50 bar
Nor dav. In 1874 the quantity pro-
,nco5 was 1,102,1 ia barrels. The aver
'.o annual production up 10 and inelud-
fs7t was 5.GSS.827 barrels, or l6.44S
na79rais per day. During the period from
1ali IA TO Dec. 81, 1884, the average
9" !t,. lra5liction was "a. SS4 barrels. The
r,,st jajlv average for month was IN
tr-I 10-5-22, 502 barrels, and the nigh
III was in August, 1857. Cherry
Grove was then at its maximum,
erd the output reached the
',ormous average of 10000 barrels
CIV dav. In December of the same year
ltboJ fsllen to $1,000 barrels. The pro-
I,I.tjon for 1876 WAS 8, 1923 barrels, an
'''o.e,g 90 ot u $50 barrels per day. 1t rose
-, $50 tn q. 059, 1865 barrels, or an average
- " 0u9 barrels per day, making an aver
n,,s increase in production, from year to
year. for six consecutive years, OF lO,OO0
barrels per day. In 1884 the production
he'd fallen off to 23,j2O,SIl barrels, or an
average Of "a, 264 barrels daily. Inc de-
lime for two wears was 1,53o,34o barrels,
a,' average Of 9. 1863, ia barrels per year,
M no 826 barrels per day; and yet during
these two wears no less than three eXcep-
tonaljv rich pools, Cooper Tract, Ball
,n,gr and WardWell, were developed and
,,aa+ly exhausted, while Thorn Greek
no,na' in and contributed 760 l0l barrels of
10 all within that time. For the first five
months OF 1885 the daily average prOduc-
fion has been Glib barrels. or this
Thorn Creek produced 1885 barrels per
dov Atpresent this field has fallen of
to below 1000 barrels per day, and there
has haan no increase in any other fields
In compensate for the larger part OF this
decline.
n is not possible to obtain accurate sta
4istirs showing the sources from which
the production was obtained for the years
rrevious to 1878 but since that time they
have been kept very carefully. Since
January I, 1873 these figures show that
what is known rs the 'black sand terri
tory0 1.-THE Bradford and Allegheny feld5)
has produced 100, 496, OBS barrels, while
the ''white sand territory" comprising
All other producing fields, has furnished
only A, 646 2S4 barrels. Thus it appears
that during this time the "hlack sand
territory has yielded about three-fourths
OF all the petroleum produced. 1t has
furnished 81, 5G5,3 1902 barrels, the increase
Of stocks within that time, and cOntribu-
ted for consumption nearly l00,O00,0O0
barrels of Oil. Nearly nine-tenths of this
is To be credited 10 the Bradford field.
These great oil fields have been rapidly
depleted since 1881, when they reached
their maximum and produced 25,S46, 271
barrels, until in 1884 their combined pro-
duction was only 10 800, 414 barrels.
For 70 years the enterprising ''wild-
CATER has been sinking thousands OF
Wells which proved TO be dry, in his en-
i,ayOrs 20 ind new Oil-producing terri
9ry. The result has been but one such
ueij at Bradford, while there have been
found numerous comparatively insignif-
cant deposits Of oil, Thousands of square
miles Of territory have thus been tested
.or oil and condemned. And while it may
He that some profitable territory still
remains undiscovered, it is regarded as
very improbable that any field of such
extent and Importance as to compare with
Bradford can exist within the limits of
The States in which oil has been found.
CONSUMPTION.
The increased facilities for transport
ing, refining and distributing petroleum
within the past ten years, together with
Tue extremely low prices which have pre-
vailed, as compared with the cost of any
other material FOR furnishing light which
could come into competition with it, have
been the means Of extending its use to an
enormous degree. In 1915 1902 $50 bar
Iels crude equivalent supplied the de-
mand. In 1880 the world consumed TO-
lOJ,050 barrels, or an average Increase OF
l,l'2,t34 barrels per year. For the year
1854 the consumption was "a, 053, 1902 bar
fels, beng an average annual increase for
the four years from 1880 Of 2,012. 025 bar
rels. the increase in CONSUMPTION for
the nine years from 1873 10 1884 averaged
Lo'Z,5d3 barrels per annum. 1t is re-
saIded as very conservative estimate
mat the demand for consumption will
continue to increase for years to come, at
least ~ the ratio of increase of the past
nne years, provided only the production
continues sufficiently large TO supply the
demand and prices DO not advance TO SO
li2n plane as to restrict its use. II this
should prove to be correct the quantity
required for consumption would be as
follows;