Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-10-17
CRISISAT WILDWOOD
The Next Day or Two May Decide
the Producing Capacity
Of the District.
ANXIETY OF THOSE INTERESTED.
An Enthusiastic Meeting at MillerstOwn
of Those Who Favor the Inde-
pendent Pipe Line.
ANXIETY OF THOSE INTERESTED.
A GROWING ANTI-STANDARD FEELING
Reports From the Chief Centes of Activity in the
Petroleum Region.
ESPECIAL TELEGRAM TO THE DISPATCH,


WILDWOOD, October 16.-The passive
features OF Wildwood to-day have only in
tensifed the anxiety of those interested. The
most important points have shown no devia-
tion from Yesterday, and the probabilities
are that another As hours will roll around
before any material change can BE- chroni-
cled. 1t is question whether within the
developments of white sand pools there has
ever been so much interest mani
tested and SO many interests in
volved. Wildwood for the past 80
days has occupied pre-eminent position in
the oleagnious world. The average pro-
ducer has been led to believe that the bound
aries Of the territory embrace a large area,
but the developments of the drill does not
in the least bear out this conclusion. The
reputation that Wildwood has acquired has
mainly emanated from the Harbush, White
sell and Roulshouse farms, which, JAIL told,
is onIv $50 acres of prolific territory. Added
to this are the Smith, Kretzer and Young
farms. which have produced some good wells,
but lack the staying qualities, characteristic
o. the irSt-nameG farms.
In the natural course of Judging white
sand pools the callber of the Smith farm
wells do not present a brilliant argument
for a glorious future on the northeast line.
This point however, will be more fully deyel-
oped in the next few days by the Marshall Oil
Company, and Harley well, which is three bits
in the sand tonight The rock is hard. dark
and of an inferior quality. and from the
geological formation. does not present the
earmarks of a producer of any consequence.
The presumption of the majority of the
practical producers in this field is that
the well will be either a small well
or a gaser of limited proper tions
In the southwest end of the pool all hopes are
centered in the RingheIsen well. Some who re-
gard their opinions as infallible assert that Ii
will be 4 well, but are non-committal as to Its
calber, but the inference drawn from their de-
ductions is that it viii not give the Standard a
pretext for depreciatlng the market. The
tools are still in the we'll and the result of to-
days fishing indicates a protracted fishing Job,
if fact, not plugged hole. This is a most de-
plOrable condition of affairs, as it involves
many thousands of dollars in the holding and
operating OF adjacent territory
Some interest is manifested on the south
east line, but generally speaking stock in this
section of the neld has not appreciated to any
extent. in fact it is conceded by some that this
nuld. SO Tar as the drill has developed. this
conclusion has been corrOborated by theSteph-
euSOn & Whitney and Bear Creek Refining
Companys wells. The later well has not been
fully developed but indications to-dight are
that if the venture finds oil at all it will
be in the same hOTiJ-l as the Menke. The
Hancock well, which had fishing job yester-
day, got the tools out this morning, and bv this
time tomorrow, with no bad luck will tap the
sand. There is no material change at the other
wells, and the production of the field is still de-
creaslng, the estimation tonight is in the
neIghborhood of 6OOO barrels If all goes well,
tomorrow and Saturday will be eventful days
in the history of Wildwood.