Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-07-24

The Noble Heirs Well in the Fife Pool
Making 10 Barrels an Hour-The Wood
Vile Pool the Richest Yet Discovered in
Buckeye Territory.
The production of the Mcdonald field re-
mained stationary at 1880 barrels yester-
day. There was but one well drilled into
the producing sands. 1t was Greenlee 81
Forst's No. on the Noble heirs farm, to
the west of the field in the vicinity of the
| Fife pool, and started off at Is barrels an
| hour.
Fitzgibbons & Co.'S No. on the Mckee
farm, in part of the same pool, will get in
tomorrow.
The New York Oil Company's No. Fife
was drilling In the sand last night, but will
probably not be drilled into the pay till to-
morrow.
The Forest Oil Company's No. 6. Camp-
bell farm, got n strong flow of gas in the
stray above the Gordon sand yesterday.
Greenlee Forst have drilled their No.
don. The well filled up 1000 feet from that
formation. Thew will get the fifth sand
Tuesday. Their No. Kirk will get the COR.
don tomorrow. This well is located in the
Meise pool
The Buckeye WeIs.
oil pool discovered in Northern Ohio: Tho
great Woodville field leads all others in the d.
Trenton rock district, and is one of the
greatest producing fields yet developed in
Ohio. Since the opening up of the pool,.90
days ago, activity has been gradually grow
ing, until to-day there are 81 strings of tools
at work within q radius OF two miles and
rigs are being completed daily There are
26 rigs already up and awaiting the drill,
while the farms can be seen dotted with
tfmbers ready for the rig builders. This is q
great field, full of attractions, and does the
heart of an old man good to see the great
wells How q big amount of crude each dav
The bulk of the field is holding up remark
aoly good, while some portions of it have
declined to light producers, but this must be
expected where wells are drilled in such
close proximity to each other. One beauty
of the field is that the wells are mostly nat
ural producers, but very few are being
pumped. The only well completed in the
new field proper that has been shot is the
Portage Gas Company's No. ] on the Moult-
Ter strip, portion of the Moultler farm rum
ming along the south bank of the Portage
river, in section 20. Woodville township,
Sandusky county. This we'll when completed
several weeks ago, started at 100 barrels the
first "a hours, but gradually declined until it
was about worthless. when a shot was put
barrels a dav. The Ohio Oil Companyis No
l. on the F. L. Nieman farm, in the same Sec
tion, on the north side of the river, Just
north of the Portage Gas Company's well,
that started off at 300 barrels is now doing
about II inches in 250 barrel tank. Outside
OF this the balance of the wells are holding
up very well.
The Largest Well Completed.
In the field is George w. Barnes & Co.'S
No. 2, located on the southwest corner Of
the Hill farm, marked on the oil map as the
Frank Fishbaugh farm. situated on the
northwest quarter of section %. This WELL
when completed several days ago, was re-
ported as good for $50 barrels but produced
nearly ], 900 barrels the first "a hours. and is
still producing $50 barrels. This we'll can be
considered a gusher, and is undoubtedly the
largest well in Ohio to-day. Operations are
gradually going to the south, and the pros
poets are good for 81 connection with the
once popular Rollersviln pool. The only
drawback is the gas wells and light pro-
ducers midway between the two pools
The north extension is gradually growing
toward the north, and il good producer
would be completed ut least three miles in
advance to the north of this pool, then ex-
citement would grow high and the country
would be dotted with oil ri.,s. The daily
SSu5Rnt sSe G5 tnis ss ss ny
is put at nearly q 900 barrels a day. This
production will undoubtedly hold at this or
grow better, owing to the large number Of
wells completed each week, which swells
the daily output very rapidly. There are
now SO completed wells in the field.
There are "a strings OF tools at work in the
field and &c rigs up and building. while loca-
t1ons have already been made Tor not less
than so rigs.
The farmers along the North line toward
Genoa are anxiouslv awaiting for their terri
tory to be developed, so they can enjoy the
proceeds like their brother farmers along
The river. Considerable depends uron the
North developments as to the making OF u
field of any importance. II tnOthing is found
In that direction it viii make the pool mar
row and short, and at the same time will
cause many to weep over their m1SIorsunes.
1hs Gauges
McDonnld yesterday were as follows: RoDb
No. 8, Florence Oil Company, p; Sinclair Oil
No. ], 30: Forst & Greenlee's No.
McNurray, 20: Woodland Oil COmpany's
No. Crawford, 20. The estimated produc-
ion was $500; stock i'll the field, 4s,OOl
Runs and Shipments
National Transit Company runs on the ed
we're "a, ,7C9: shipments, So.4s9
Southwest runs, Mcdonald division. on the
2d. sO6s6 Outside of the Mcdonald.
OOlS. Buckeye Pipe Line. Macksburg diviS
on, 2.554. Shipments, Lima division, 4,2I7;
hipmsnts,' not in Eureka Pipe Line. liz;
hipments 1876. New York Transit ship
nents, H949. Southern Pipe Line shipments
The runs Of the Tide water Pipe Line yester-
ay were 2 9lS; t.tal, 1888; average. 3,5l2.
he shipments were none; total, O,9o9; aver
ge, S,225.
The Oil Market.
Range of the August option: Opening,
nc; highest, 53c; lowest, 5213c; closing.
,1Sc bid.
Refined oil-New York. &c; London, 4sSd;
1877
NEW YORK. July 23-The petroleum mar
ct opened steady at 521sc for August op-
ons, then became dull and remained so
the day, closing barely steady
{ 5216c. Pennsylvania oil-August options,
lies 10, 900 barrels; opening, 521sc; highest,
nc; lowest, 521<c: closing, 521c. Pennsyl-
ania oil-Spot. Sales Z, ,0G0 barrels; opening,
1Sc; highest, 5214c; lowest, 52sSc; closing,
&c. Total sales at both exchanges, 200
lrrels.
Electric Stocks.