Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-07-02
SISTERSVILLE WELLS
We're Making No Better Showing
Yesterday Than the Day Before.
YARNS OF SOME OLD TIMERS.
Gufiey & Co. 8 No 1 on tho Shane Farm Is
Dry in the Gordon Sand.
SALES OF ZELIENOPLE PROPERTY

Slstersvllle was the held which attracted
the attention of the oil men yesterday. Nine
men out of every ten met on Fourth ave-
nue., the Rialto Of the trade, asked for the
--latest from down the river"
The dismal reports of the day before
had rather q dampening effect on
those spectators who are holding
leases in that region and waiting for an ad-
vance. Some Of them who had boon offered
good Inducements to part with their hold
ings were paralyzed for q short time, but
oroakers, who were chirping the old refrain,
81 told you So"
A few Of the old timers, who have seen
fields rise and fall in q night. gathered on
the curb and discussed the possibility of q
stampede from Sistersville. The general
opinion seemed to be that such q calamity
was not likely to befan tho little town on the
river.
Andy Garland, Tom Loan and Ben Tup-
per, who iS still carrying cane on account
of the accident to his ankle last spring, we're
in reminiscent mood as thev gathered in
the shade Of the Keystone Bank
Il was at Bullion when the great stam-
pede occurred there" began Mr. Garland.
.'It was just before the Fourth OF July in
people in tho plsce. 1t was the busiest little
town In the United States, and no one
doubted but that 1t would soon be the
metropolis of the oil regions. But like a
o
dry hole just whore q big well had been
looked for, and inside of six hours the town
was depopulated. The few who remained
told the casual visitor that the people had
only gone away to spend the Fourth Of July
with friends in the country. But they never
came back"
The Exodus From Richburg.
"You ought to have seen the exodus from
Richburg," said Mr.. Upper.
Maybe wasn't there" spoke up Cart
land and Loan simultaneously.
were sleeping Oh she stairs, the billiard
tables and the roof Of the hotel" continued
MI. Upper.
to make fortune before leaving. One Fri.
day morning, however, a dry hole was I'm.
ished up, which seemed to condemn big
lot of territory, and that night business was
hunting. People paid exorbitant prices to
farmers for vehicles to take them away but
few Of them afterward returned and made
some money in the field"
ting to Bradford that night to buy OIL"
Garland resumed, 'and was rewarded by
seeing the market go up nearly 20 cents the
next day."
Charles Duel drilled his we'll
deeper on Wells Island, three miles below
town, and last night 1t was reported to be
almost dry; 1t is still gassing.
William Jonnson's No on the T. NJ Wells
lot. is down 1,406 feet and gassing. His ven
ture on the N T. Wells property is DELAYED
by fishing job at 900 feet The jars are in
the mole. HIS rustic farm well was reported
to have stopped flowing yesterday after
noon.
Thompson & Forsyth, on the Deloe lot, are
on toP Of the pay.
mile east OF the town, was reported yes
terday to be good for 100 barrels. The re-
ports from this well are very contradictory,
and II win be several days before its ca
pacity can be accurately gauged.
The rig was burned yesterday at Jones &
Tenants No. ION the Russell farm, and the
well started to drill itself in.
The Janns"n Oil GGsS%mosnys Co No on the
hole on the Pile, is gassing. 1t is through
the shell and has good sand.
Thursday afternoon lightning struck the
used as an escape pipe at Murphy's wen on
the Mccoy lot The mouth of the pipe was
within 20 feet of the top Of the derrick. The
drillers went up and pushed the pipe over
on the ground, thus putting out the fire.
Brenneman & Forsyth's we'll on the Thistle
property tapped the paw yesterday morning
and made ten-barrel flow.
The Shane Well q Duster.
The production OF the Mcdonald field was
given out yesterday as 20,5O0 barrels, the
same as for the day before.
The Forest Oil Company's No. 8 on the
Mrs Campbell farm is through the Gordon
sand and is making ten barrels an hour.
Their No. McEwen is good for about 100
j. NJ Guffey & Co.'S No. l on the Shane
farm, southwest of the Meise, was in the top
of the Gordon yesterday, but had failed to
make a how.
A late telegram to TIE DISPATCH from
Oakdale stated that the well was dry. This
makes the chances look slim for getting pro-
ducers in the Belmont Oh Company's No. l
Morgan. and the Forest OIL Company's No.
John McEwen, both Of which are within a
few hundred feet, and north OF the No.
shane. They are nearly half a mile south
The ST. Clair Oil Company's No. l Kirk,
located between the Shane and the Meise,
was expected in the Gordon last night.
Mfllison, Fried & Company's No 4
field, was drilled through the fifth yester-
day, and will not be better than a so barrel
well.
Greenlee Forst shot their No. on the
No. / Marshall lease at Noblestown yester-
The Lockhart Iron Company's No. Nc.
Coy. in northern McCurdy, has been, cased
ZELiENopLE-Dr. Cunningham has pur-
chased the one-half interest of s. E. Neice in
the Schiever farm for 81, 200. No. l. on the
duced 6000O barrels of oil, and is still max |
ing rs barrels a day. The tools are stuck in
the sand at No. 2 but an effort to get them |
out will he made next week.
sisting of IA acles, on which are located six |
wells with a daily production of 80 barrels. |
TO New York parties. Consideration pri- |
vate. |
The Island Oil Company is starting No |
on the Wallace farm. Beck & Co.'s No. 2, on |
the Joseph Zeigler, is down 800 feet. The |
Mckenzie Oil Company's No. IL is plugged in |
.ne sand, and No. u is also delayed by |
fishing job.
The Mcdonald Gauges.
The following estimates were suhmittad L
by the gaugers Of the Southwestern Penn
,ylvania Pipe Line Company:
The production Of the field yesterday was
%, 500 or the same as the day before. The
hourly gauges were as follows: Lynch &
Co.'s No. / Meise, Is: Oakdale Oil Co.'s No.2
Morgan. 80; Friday, Keil & Co.'s No. Mrs
Robb. 25; Forst & Greenlee's No. McMur-
,ay, Is.
The stocks at the wells are reported at
Z, 600 barrels. The runs from Mcdonald
Thursday were q, 1888 barrels. Outside of
Mcdonald the Southwest Pipe Line runs
we're 15, 492. National Transit runs, "a, ,0Ss
nents, 20, 1l6: Southern Pipe Line. none; En-
'eka runs 1908; shipments, 3,495; Buckeye
hipments of Lima oil, 70 S67; buckeye runs
# Lima oil, 72,379; Macksburg runs, 2,46O;
$50.
Yesterdays Market Features
A few trades were made at 5sI Thurs
lays clearances, switching and other busi-
,resated 10000 barrels. Refined was
marked down at London to ~. The open
ng and highest was 5S1s, lowest and closing,
)ii City by Simpson and others. Daily aver.
lge runs, 1892; daily average shipments,
S3Sz.
on CITY, July National Transit certif-
,ates opened at SIC; highest, 54c: lowest,
Sc; closed, 53c; sales, 80 600 barrels; clear
nces, SIG 600 barrels; shipments, A. CSC barrels;
uns, 13O, ,952 barrels.
M, |