Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-16
The Mcdonald Pool Is Gradually
and Steadily Giving Away.
SEVERAL WELLS IN YESTERDAY.
Most Of Them Are Showing for Producers
From the Gordon Sand.
sIsrERsvILLE AovING SOUTHWARK

every street corner, in every
store, and on every lease, mel
may be encountered who are either boost
ing the field into the top notch of the
heavens, or are making strenuous efforts te
put it to the bottom of the sea-
For just about a year now the bulls on
the field have been victorious at every
stage, but the bears have been having an
inning for some time, and they hope now
that the field will soon be in state oi
innocuous desu etude.
The field has produced altogether almost
1900, 900 barrels of oil, and that within
the past year No territory was ever found
which would hold up like the Mcdonald,
and the chances are that few will ever pro-
duce longer than this same field, although
the wells will never be gushers as they were
at the start.
Some of the most disappointing ventures
have been on what are now known as the
edges. For instance in the direction Of the
the Fife pool, the first we'll was gusher
for awhile, but in the immediate vicinity
enough dry holes were drilled to more than
offset all Of the oil taken from the pool A
few fair wells were found but they were
very few and far between.
Wells Showing at Mcdonald.
The Forest Oil Company's No on the
John McEwen farm was reported to be in
| the Gordon yesterday, and showing for
fair we'll 1t is in the Gordon sand, and is
located southwest of Willow Grove.
j. NJ. Guffey & Co. 8 No. 8 on the Shane
farm is down about 200 feet He is build
ing the rigs for Nos. and on the same
| farm.
Lynch, Suchheit 8 Co.'S No. Meise
was reported yesterday to be in the
top of the Gordon sand and showing for a
fair WELL They are drilling No. on the
same farm and have started to. spud at
No. g.
| Ggffey. Jennings & Co. have started to
spud at No 8 on the Heron and No. on
the Bell farms
The Devonian OIL Company's No. on
the Moorhead farm, was reported last even
| good well. This company believes there is
| still plenty of oil in the field which has not
been tapped. 1t has big lot of fine terri
tory in the lower part of the Mcdonald
region, and is getting ready to develop
it as rapidly as possible. 1t has
started to spud at three or four
wells, and is now building the
| rigs for as many more. The wells which 1t
is now putting down If they amount to any
add very materially to the dimensions of
the field.
There are still wells drilling on the west
ern horizon in the Fife district and others
starting, which, if they prove to be pro-
ducers, will prove surprises to the opera
tors.
Going South at sistersvilIe.
William johnson, who
with Charles Duel was instrumental in
opening up that field, was in Pittsburg yes
terday. He was feeling in good spirits over
the outlook of the field for the future. 81
have well due Saturday on the
Wells We p property Ny below 'ow1" .n6 he hs said
will be in the sand a
few days later. That we'll of Duel and
mine on the Thomas Moore farm, about
which there has been SO much talk is max
ing so barrels a day, and with hard pumping
we can run it up to barrels an hour This
well is good 4 miles south of Sistersville,
on % degree line. 1t opens up a vast
e1panse of territory and is probably the
most important we'll in the field at present.
DuePs we'll on the island is making 25 bar
rels q day strong and is increasing"
j. NJ Guffey, Russell & Co. are drilling
a well ON the Thistle farm, located short
distance southeast of town. j. M. Guffey,
Jennings & Co. have bought the big inter
est in a Lease located due east of the George
w. Stocking farm and are developing it as
fast as possible.
Jones & Tenant are starting to drill
new we'll on the j. B. Mccoy property.
Murphy Bros. are drilling on the A. and
s. Thistle property near the station
Ludwig & Mooney are spludding in on
the Mccormick & Morrison farm above
town.
Gatuey & Co. have located another we'll
on the j. B. Mccoy tarm.
Personal.
George W. MacMullen returned yester-
day from a trip to Denver. He says he |
met many old oil country men in the West,
and they all seemed to be prospering. He |
thinks Denver has delightful climate, and |
says Manitou Springs is the Saratoga of the |
West.
B. T. and Clarence Kahle, both we'll |
known oil men, have returned from Frank |
liz, where they were attending a reunion of |
their family. There are ten sons and one |
daughter, all grown. B. T. Kahle, of the |
Oil Well Supply Company, is the Oldest |
The others are engaged in the oil business,
two as attorneys, twoas physicians and two |
are druggists.
The production of Mcdonald was 1880 |
yesterday. The hourly gauges Of the larger |
wells at Mcdonald yesterday were as fol- !
lows: Sinclair Oil Company's Nos. l and 2,
25; Greenlee & Forst's No. 8 McMurray 81; |
Peoples Gas Company's Nos. 146 and l4s, 25;
Royal Gas Company's No. Mark Robb, ~.
The estimated production was 800; stock
in the field, $1,000.
Runs and Shipments
National Transit Company runs on the
18th were 8. .664 shipments, 2o.9O1
Southwest Pennsylvania runs from Nc
Donald were l., ,549 Outside of McDonald,l5
Buckeye runs, Macksburg division. 4,l67;
shipments, none. Shipments from the Lima
division, August IL, 8S,A5; on August IA,
none; runs, 465l0 The Eureka runs were
II, $50; shipments 1921. Southern Pipe Line
shipments, 1926. New York Transit ship
ments, 49, 200.
were l5; total 1929. Shipments, Sunday,
%, ,s22; total, 1O7, Ill; average, 169S.
The Oil Market.
Range of tho September option: Opening,
Csc; highest, $3.50; lowest, 571zc; closing,
67ac.
Refined oil-New York, 6loc; London, va
1 Is l6d; Antwerp, AZ
NEW York, Aug. h.Petroleum opened
firm at 6sc; declined sse, closing steady: Penn
sales. 40 900; opening, 5sc; highest, 5s1sc; low.
est, 571fc; closing, 571Sc Lima oil, no sales
OH CITY, Aug. 16-Opened, 5Sc; highest,
6szc; lowest, b7sSc; closed. 67ss Sales 81, 600
barrels; clearances. lis 900 barrels; ship
ments, ll2,47s; runs, 1ll,7Os barrels.
Honduras Ex- president Not an Exile.
SAN FRANCISCO, Aug. 16-Luis R. Bog
ran, ex-President of Honduras, is in the
o;<v an ~. ,ror Euyopa n d>-;>. |