Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-05-05
NO NEW FEATURES IN OIL,
SCORES OF CONTRACTORS WHO HANG
ABOUT THE EXCHANGE

| The Minds of the OIL Men Turn Naturally to
Drills in the Spring Time-The Wild
wood Field Gives but Little Promise for
the Future.
Throughout the entire oil domain there
was not a single feature developed worthy
of special mention. The routine work un-
der way goes merrily on, but it needs only a
casual observer who has an extensive acuuaint.
| ance among the oil fraternity to note the scores
of contractors who hang idly around the
| Petroleum Exchange, on Fourth avenue,
| anxiously watching for some operator to turn
/ up that be may secure q contract and start his
one or more strings of tools that have been idle
! for weeks. When the roads are bad
| or the weather inclement the contractor
| IL his circumstances will permit
is not averse to taking times
| lsjsurely, but with the return of spring and
good roads he becomes restless and wants a
| string or more of tools running. so that he will
have something to occupy his time and mind
| he has not had very smoeth sailing for the
| past year; prices have been low and no, a few
have been compelled to throw mp the sponge
and quit.
This has been particularly noticeable in the
Wildwood held 1t is now quite certain that
within the next 20 DAYS there will he 80 strings
of tools idle in this field alone. A very little
new work will be promulgated in the famous
Southwest extension. The contractor will then
Nothing New at Wildwood!
Yesterday was unimportant in the Wildwood
field Nothing new was developed, unless adj
ditional evidence of the collapse of the field
can be considered important. Drilling was dis
continued at the Jenny well yesterday, and the
hole will be plugged. The favored $50 line, that
has been SO highly prized. has at last led ON to
disaster. and none SO fully realize it a. those
who paid big bonus to get near it, The Ma
tional Transit Company laid lines to the :Fogle
No: and HANCOCK No. to-day They VIII
make about 20-barrel producers. Possibly
when shot may do little better. Griffith 4
Miller expect to reach tho right spot with their
wildcat Oh the Cole farm by Wednesday, This
is an important test and will be closely watched
Guffey Queene expect to know the result of
their Espey venture few days later.
ADuster Against the Line.
The Bowman No. 4, on the Schide farm.
which came IN with boom some six months
ago at Westyiew, was an incentive for the
Westview Oil Company to ''planK" a well down
up against the line on their Ivory lease less
than 100 feet from the Bowman we'll, The we'll
was completed last Saturday and is duster.
They are down LOO feet with No. on the
same farm.
A Snortcr Mt Jefferson Center.
Hartman & Sons drilled in their No. 10 in Tho
Byerly heirs property at Jefferson Center last
Saturday aud it started OF at lively pace-so
DasrelS An DOUf. 1ut soon quoted down 10 n
ten barrel an hour gait, ana was holding up at
that pace yesterday.
Campbell & Murphy completed a 5obarrel
producor on the Joseph Logan farm last week,
and have made a location on the Ttliie Logan
farm.
Mccurdy Will BE Heard From.
Developments In the McCurdy Geld have mot
beon very interesting for the past week. bur
within the next I've or six davs IL will be heard
from and interesting news Il expected. The
graveyard syndicate expect to bring in their
well among the tombstones this week. aud sew.
eral other wells are nearing the sand Black q
Emerson's important test well on the Ewing
farm, and one mile north. on a 22o line will be
done Wednesday or Thursday This 10 the
most important well now drilling In this Aeid.
A Boom for Mcdonald.
The well on the Saunters farm ia showing
good staying qualities, and leasing with roca
round bonus consideration has been very
active. There 10 considerable new work upder
way and boom Is looked for at no distant
day. q. Nc