Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-07
PREMIUMS THE SAME.
An Order Was Issued Yesterday to
Equalize Them in Oil Fields.
FIFTEEN CENTS ALL AROUND.
The Mary Robb Well, at Mcdonald, Is Flow
ing Over Thousand Day.
THREE GOOD WELLS IN THE MOON FIELD


THREE GOOD WELLS IN THE MOON FIELD
The premium on all oil produced in New
York, Pennsylvania and West Virginia is
now Is cents q barrel. An order to this
effect was issued yesterday morning by the
National Transit Company. 1t will take
effect at once. Nearly a year ago
there was no premium on the oil
produced in Allegany county, N. Y,
the Bradford district, or in the Murrins-
vile and the Bullion territory. There was
a premium of 25 cents barrel on Washing
ton oil, and 20 cents on Butler oil. Subse-
quently this was cut cents on each district
Then followed another reduction of cents
on Washington. and 8 cents on Butler,
thus giving Washington premium
of Is and Butler II cents barrel
1t is not long ago since a premium of 10
cents was put on Bradford, and cents on
Allegany, n. Y, oil. A few days ago the
Bradford premium was increased to y cents
a barrel All this time the Murrinsville and
Bullion districts had been without prem
iun, but they are included in the present
oil has all along been Acknowledged
to be inferior to the southwest
production and when the order was posted
yesterday it was read with wonder. 1t was
about the only topic of discussion among
producers; and the more they talked about
1t the less they seemed to know why such
step had been taken. One producer said:
t'It virtually does away with all premiums
are concerned We will get the same
price for the poor that we do for the good
quality. There will be no difference except
that the upper country people OPP G T ges more
the same plain as before. 1t cannot have
been done with view to improve inde-
pendent pipe lines because they will have to
heretofore in the southwest field. In the
upper county they will all have to pay the
same price SO there can be no discrimi-
nation"
The popular idea seemed to be that it
would hurt speculation. 'There is now no
speculation to speak of in Pittsburg,"
another producer said, "but what there is it
will smother before long. The equalization
of the premiums will do away with certih-
Gates. The only certificate or speculative
oil was the non premium Oil. Since there is
a premium on all oil no producer will now
make out certificates on which he will re-
ceive no premium, when by selling the oil
outright he can get Is cents barrel over
the market price. Thus you see the certin-
Gates will drop out of sight gradually and
there will be nothing to speculate with"
Every producer. however, acknowledged
when questioned, that he knew nothing
whatever about the matter except that
premiums had been eQualized.
The Mary Rebb Well.
. McDoNALD-The excitement over the strike
of the Royal Gas Company on the Mary
Robb farm has abated slowly. Operators
we're slow to believe the reports which came
from it Wednesday evening, but hundreds
of them visited it yesterday and came away
convinced that it was bigger than at first
reported. 1t was flowing by leads
yesterday and was putting out from
10 to 45 barrels an hour. Finegan, Downing
& Co., who drilled some small wells on the
Mongot and Fayette leases near the Robb,
have leases on three sides of it, and yester-
day located rigs for three more wells, two of
which will be within 100 feet of the big
one. These latter will be their No. 2
On J. II. Robb, and No. on the Fayette,
while their No. 1 on the Elliott |
The Mongot lease, is down about 500 feet.
Garland Hays well, on the Miller farm,
s doing about 65 barrels an hour. The |
Royal Gas Company's No. Sauter has been |
'allen off little better than ten barrels an
hour. La Combe & .vallilee's well, on
,he Short lot is still holding |
lp to about 80 barrels an hour. There have |
weixel & Co.'s well on the Smith lot, across |
The road from the Butler lot well, but the |
most reliable seemed to be that it had been |
cay dry e has l some Soh oil in A Has Soe but
lot enough gas to throw it out. The
'haffer Oil Company, on the
smith lot, is in the Gordon
without gas This well is just east of, and |
lcross the road from the U. P. Church. The |
anne company is down about 100 feet on
he Fanny johnson lot near the depot. One |
If the best locations in the field is Guckert !
we
eet, northeast of Garland 4 Hays No. / |
IN the Miller 1t should be in the first of |
lext week, as should Garland & Hays Mil |
er No. 2. These two wells will thoroughly /
est the extent of the Miller farm pool to the |
lorth and northeast, while the Mary Robb |
veil would seem to indicate that it branched |
If rather abruptly to the eastward for a
onsiderab BILE distance.
Not Over Fifty Barrels.
OAKDALE-The well of Greenlee & Forst,
IN the Miller lot, one-nalf mile west of this
-illage, will not make more than SO barrels
lay. 1t only made ~ barrels from o'clock
Y ednesday afternoon until O'Clock yester-
lay afternoon.
1t Has Been Shot.
HooKsrowN-The Augusta Oil Company's
est well No. 2, on the Kennedy farm has
,een shot, and will not do over ten barrels a
lay.
Several Fair Producers.
MooN-F L. Boden 6 Co.'s No. 2, on the
-ohn Stevenson farm, has been drilled
through the sand and has made several good
lows. 1t will be better than the average
foon well. The No. P. H. Stevenson of the
anne company touched the sand yesterday |
nd is showing up for a fair well. The
lanawha Oil Company's No. l James Spring
T is through the sand, and will make IS
r 40 barrel well. Their No. James Spring
+ is due the first of next week.
Have Been Delayed.
MoCuRDY-Tne Orion Oil Company's No. Q,
n the Bell farm, will not get the sand be-
ore tomorrow. Their No. Bell is down
bout 1900 feet; No. 4. 160U, and No. 5, same
arm, 800 feet deep. r. f. Gillespie & Co.'s
10. q on the Hall, will not be in until next
Teek. Their Nos. g. and 7, on the Jane |
fiddle farm, should get the sand early next
Teek. The No. Aiken, of Mellon, Emer-
on & Guffey, is practically dry.
VIII Be Small Wells.
WILDwooD-Beers & Mckee's No. 4, on the
Iugust Kyler, is in the sand, and light.
iuffey & Queens No. Kretzer will be a
mall we'll.
For the Exposition.
PITTsBURG-The Oil Well Supply Company
5 moving the rig from the well on the Ex-
osition grounds to its shops at Twenty first I
treet, where test well will be put down,
he same company is having an expensive
igs manufactured from dressed
umber, at Bradford, which will be
ver the hole on the Exposition
in time for the fall opening. twill
e the most expensive and handsomest oil
errick ever built and will be a center of