Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-10-01
IS BEARISH, AS USUAL.
The Monthly Oil Report Shows Great
Results in the Southwest
DECLINE IN THE UPPER FIELDS.
Mcdonald and Vicinity Still the Axis of the
Producing World.
LATE GAUGES FROM THE BIG WELLS


fields for September is essentially report
of activity in the southwest. 1t is bearish
from beginning TO end. There has been
no more remarkable report formu-
lated during the present wear. The
average production of September
wells is S3 barreA which is
lighter than for any month since New Year
In August the average was only 4Ol5 bar
rels. In the Southwest district the COM
pleted wells averaged 1915 barrels each.
This. however, includes 26 drv holes. There
were 100 wells finished and without count
ing the busters the balance of 1O3 averaged
154ls barrels to the we'll 1t has been
wonderful month for new production.
Putting it at the lowest possible
estimate the total new production for all of
the fields has increased from Is, $50 to IL, ,926
barrels, a net increase of !, 800 barrels. The
southwest district alone pumped from II, 900
to II. $50 barrels, or net increase of 4, 800
barrels. This shows a decrease of 500 bar
relS in new production in the upper fields.
In all the fields there is a decrease of As in
the number of wells completed in September
tothose finished in August, and in the south
west there is a decrease of II completed
wells. although much larger increase in
new production than in August. There were
60 dry holes reported altogether, which is a
decrease OF one, but in the southwest there
were only 26 busters completed a decrease
Of nine The above gives good idea of the
bearish situation in the field Now for
the new work.
Progress of the New Work.
This makes a small hole on the other side
Of the account. There is a net decrease of
81 in the number of rigs. The total number
Of drilling wells remains the same, 40. The
Southwest, however, must be considered
In this prolific territory there is au in
crease of 29 drilling wells over the num-
Der which were reported for August
These will without doubt bring up the new
production for October, as the majority of
them are located in the heart of the richest
spots of the Mcdonald field. There is
decrease of 16 during September in the
number of rigs. There are only IS strings
OF tools now running in the Southwest,
where there were 50 in August This is
nearly half of the total number reported,
157, in all of the fields.
\ glance at the reports from Bradford
and AIlegany shows decrease in new pro-
duction from 220 to 202 barrels, and a de-
crease from 36 to 33 completed wells. There
were two dry holes in September and none
in August. The new production in the
Middle Field has dropped from 1S2 to 1O5
barrels with drop to Is from 81 in wells
COulplGlGh IHt SAME Slll6 Oh Affairs
exists in Nenango and Clarion
where the new production fell from 535 to
Az barrels, and completed wells from 76 to
81. Dry holes increased from II to %.
Butler & Armstrong had an increase in
completed wells from II to 81, but they
failed to respond as before, and the new
production dropped from ,593 to 1,2l6
barrels.
The above statement proves conclusively
l. Nl,.,H
traction for the operator this fall is Nc
Donald and ITS northeastern neighbors,
Noblestown, Oakdale and McCurdy. When
the Southwest is spoken of nowadays these
fields are the only ones meant, as they con-
stitute about the whole of the southwest dis
trict.
The Ohio Territory.
In the Buckeye territory there was an in
crease from 13S to 154 in the number of
completed wells, with a decrease of 5O7 !
barrels in new production. There were p
dry holes in September TO IA ir August, 30 |
wells were abandoned. There is a total de- |
crease of 10 in the number of drilling wells |
and rigs. The greatest amount of work is |
being done in Wood and Auglaize counties. |
There were only Is wells completed in |
Indiana last month, five of which were dry. |
The new production was rs barrels or an |
average of 512% barrels to the we'll The |
work is being done in Wells and Blackford |
counties.
Mcdonald Field Yesterday.
There was little change yesterday in the |
bonanza pool. There are several wells due
10 get the fifth sand to-day. These are the
Forest Oil Company's No. j. \. Ewing,
in southwest McCurdy; Guffey, Jen-
nings, Murphy & Co. s No. Bell and No.
. Elliott back of Noblestown and
Pew & Emerson's No. / Miller
Smith & Mccall finished up a
dry hole yesterday on the Bradley lot down
in the borough. 1t is southeast of the
Royal Gas Company's No 8 Sauters, which
was being pumped yesterday. There is
still great deal of oil escaping. 1t comes
principally from Greenlee & Forst No 1
Mevev, and Guffey, Murphy, Jennings &
Co s No l Mathews.
The following is a correct hourly guage
of the big wells which was taken yesterday
afternoon: Guffey, Jennings, Murphy &
Co.'S No. ! Mathews, $50; Baldwin No. l,
145; Bell No. l, 13O; Elliott No. 1, IS;
Heron No. 1, %. their Bell No. 2, 200 bar
rels day from the Gordon. Forst s. Green
lees Mevey No. l. 400; Garland & Hays
Miller No. l, $50; No. 2, 30 Guckert &
Steele's No. Mevey, So; Royal Gas Com
pany's No. l Mary Robb, SIS; Sauters &
Co. s No. l, 40; Wheeling Gas Company's
Cook lot, 20; Patterson & Co. s No. 1, Is;
Boscher & Co s church lot well, 90 barrels
an hour. Estimated production, Al, 600 bar
rolls