Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-23
FIFTH SAND SURPRISE.
Russell, McMullen & Co.'S Wettengel
Doing so Barrels an Hour.
THE PRODUCTION WENT UP $500.
Break in the Market Attributed to the
Big Russian Geyser.
PROGRESS IN THE CzAR's DoMINIoNS

There was big increase in the estimate
production of the Mcdonald field yesterday
1t went from $4,000 on Monday to &c, 80
yesterday, which is greater jump than
has made since it fell below 80, 900.
Three more wells were added 10 the lis
of those making 20 barrels al
hour or more. Only one of then
came in yesterday The others, the Wood
land Oil Company's No. 4 McMurray ant
the No Jane McGill of the Forest Oh
Company were reported in The DIsPATCE
Yesterday morning. The latter well is still
doing 20 barrels an hour, and the Wood
land well on the McMurray is making 8!
barrels an hour.
The feature of the field yesterday, and
genuine surprise to nearly everybody, wa!
at Russell, McMullen & Co. Is No. 6 on the
wettengel farm. 1t is located in a corn
field on the flats, just west of Oakdale, and
only few hundred feet north of the rail
road.
The paw streak in the fifth sand was
struck early yesterday morning and the
well started to flow so barrels an hour. II
was some time before it was gotten under
control, and several hundred barrels es-
capped.
There is nothing between it and Brown,
Robson & Co.'S we'll on the McMurray,
east of Noblestown, and over quarter of a
mile southwest To the north and east it
is shut off by two test wells.
Light Wells North and East
On the north the Lenox well is light in
the fifth, and east of it Gordiner, Snyder &
Co. s well, on the malt house lot, was q total
failure and was abandoned. 1t is believed
to be part of the same pool which was hit
by the Robson well.
The Forest Oil Company drilled its No.
3 on the Jane McGill farm into the sand
and last evening it was making about 8
barrels an hour.
Learn & Burson are still fishing for
bailer in the Vanerscott well in the eastern
part of Willow Grove. 1t is Just in the top
OF the Gordon, and occasionally makes
light fow
Borchert & Co. expect to break into the
Gordon to-day on the McVIckars' lot,
located 500 feet east Of the postofice well.
Miller, Kennedy & Co. are also on top of
the Gordon on the Pry lot.
The Oakdale Oil Company's three wells
on part of the Wallace farm at the trestle
between Noblestown and Willow Grove,
are down abont ], 500 feet.
The Woodland Oil Company's No. on
the Crawford farm in advance, is down
about 500 feet, and they were building rig
tor No. 2. The same company is building
rig for No. / on the Scott heirs farm.
W. P. Rerd's well on the j. D. Sauters
farm, mile south of the w. B. Moorhead
farm, is almost to the Gordon. They ex-
pect to reach it by tomorrow.
The Jolly Oil Company's well at Willow
Grove station, was in the shell above the
Gordon sand yesterday afternoon.
Western Wells Due This Week.
Some of the wells which have been drill
ing around the Fife we'll to the west of de.
velopments should be in this week. The
New York Oil Comyany's No. 2, on the
Fife farm, was in the Gordon sand yester-
day afternoon, and should get the pay BY
Saturday.
The Pittsburg Oil Company's No. /, on
the Fife farm, is also in the Gordon sand,
The Trio Oil Company's No. 1, on the Abra-
ham Bell farm, is about ], 500 feet deep, and
the Pittsburg Oil Company's No. Walker
is down about the same distance
Patterson & Jones' No. s on the Kelso
and No. on the Shaffer farm in southwest |
McCurdy are expected to get the fifth sand |
by tomorrow afternoon.
In every oil Office in Pittsburg Yesterday, |
or wherever few producers came together, /
the only topic discussed was the drop in the /
price OF oil to IS cents. They are wonder |
ing when the bear movement will stop. |
Contrary to their usual disposition, [
they were taking the cut with philosoph- |
ical calmness that was surprising to anyone
who has been accustomed to see them 90 /
into paro1ysms of rage at any break in the
market. One of the ex-kickers said he had |
been complaining long enough without
doing any good, and that now he had con-
cluded to grin and bear it for while.
Due to the Big Russian Geyser,
The reported strike of a 100, ,0O0-barrel a
day well in the Russian field was generally
believed to have led to the break in the
market. There were few who believed that
the well was doing that much, although
they admit that it might flow at that rate
for a short time. 1t is looked upon as simi-
lar to the well struck last fall by the Ohio
Oil Company near Lima, which was reported
10 be flowing at the rate of $4,000 barrels a
iay, but which turned out to be more of
myth than a well of that-calibre.
ST. John Constant, who went to Southern
Russia in 1868, and who has practically de-
yeloped all the oil in that country, has
written to friend in Bradford describing
he region, and the difficulties he had to
contend with. The first well was
struck in 1865. 20 miles back from
Darnan, near the foot hills of the
range of the Caucasus Noun
aims 1t first pumped 80 barrels a
lay, put when drilled deeper it started to |
low and made 800 barrels day for IL
months. They had no pipe lines railroads |
,r tanks, and the oil was saved in a dam |
until $4,000 barrels accumulated, when the
lam burst and the oil ran down the bed of |
Constant built refinery of
900 barrels capacity at Novorossisk, q port |
IN the Black Sea: also large machine shop,
,oiler shop and foundry.
Standard Russo Wants . Charter.
The Standard Russo, composed of French |
capitalists, finally got control of the affairs |
II the company, and built a railroad from |
Sovorossisk to the region of the wells, and |
he oil Is now transported in cistern cars to |
he ships. These cars have each a capacity
# ten tons. The Standard Russo has sus-
,ended operations for the present, as the
harter or lease under which they have |
'een carrying on business expires next MAY, |
nd they are not yet certain whether they
will be granted a renewal for the next SO
ears. the length of time given them in the |
riginal charter.
With the first of April the price of glycer.
ne, and incidentally the cost of shooting a |
yell, Will be advanced about 25 per cent
member of glycerine company stated that
Turing the past year they had lost Sl7 600 on |
lycerine, but had made some money on
'ther explosives. The different glycerine
ompanies throughout the oil regions have |
een working under an agreement for some |
lme 70 maintain prices, and they have all |
inferred into the agreement to advance |
hem at the beginning of the month.
Personal
John r. Patton has disposed of all of his |
il interests and is going to Mexico, where
e has invested $780, in a mine, and will |
AXE with him from Pittsburg full outfit
Or working it.
The Mcdonald Gauges.
-se production of the field was 26.5oo.
1850 more than the day before.
he hOl, rly oauyes were a q follows. Nc ttbav,s, |