Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-23
TIE GREGG FARM WE'LL.

II Was Reported to he Making 35 EsarreIs
an Hour Yesterday-One OF the Sur
. prises OF the Field-Pittsburg Parties
Open a Pool in Kentucky.
The feature of the oil fields is the Forest
Oil Company's we'll on the Gregg farm
south of the Panhandle Railroad at Gregg
station, and about a mile and a half east of
oakdale. Saturday the Forest Oil Com
pany officials stated that it was showing for
a well, and was shut down on top of the
sand, while there was report current at
Oakdale and on Fourth avenue that it was
making 90 barrels an hour.
Sunday the drill was run a short time
when the well surprised even the owners by
starting off at % barrels an hour. It was
allowed to remain at this point until yes
terday, when it was agitated little, and
lmmediatelv increased to 35 barrels an
hour, and the chances are that it can easily
be run up to more than the reported 90 an
hour. The Forests No. on the same farm,
which is located west of No. 2, was declared
to have captured the prize e, and strnck the
cross cut which evidently extends in
northwest and southeast line across the
lower end of the MoCurdy field.
This we'll demonstrates, as much as any of
the ones in the late crop, that the posi-
b1lfties of Mcdonald are yet great and that
hole or a small producer in any part o. that
field. The region opened up by the Gregg
No. may prove second Wetmore or a
Noblestown pool, or 1t may rival the south.
western extension of Mcdonald from Nc
Curdy down. Only the drill will tell, and
MS several other wells are starting the truth
should soon be known.
There was slight decline reported yester-
day in Patterson & Solfn's well on the Kess-
ler farm, back of Undercliffe, on the Pitts
burg and Western Railroad. Sunday morn
be making tank every eight hours, or at the
rate of about % barrels an hour. Yesterday
the reports from it were to the effect that it
was doing from 20 TO q barrels an hour. 1t is
proving to be slayer notwithstanding the
oarpings Of critics. and shows beyond
doubt that a good pool Of oil exists in the
locality IN which it is located.
More OIL Found In Kentucky.
Pittsburg parties have just developed
what may prove to be a new and prolific
pool in Northeastern Kentucky. 1t belongs
to G. H. Dimick, W. G. Gibson, L. H. CORN
ley and j. B. Boyer. The location of the
well is on the Howard farm, at the mouth
of Salt Lick creek, in Floyd county, Ky. 1t
is about 30 miles by road from a rail way, and
is about midway between the towns of
Prestonburg and Hfndman. The oil was
struck at depth OF 920 feet, two weeks ago
Saturday. As soon as the we'll commenced
to fill up the tools were shut down, and the
owners notified.
6: Ii. Dimick has bottle of the oil on ex-
hfbition at the Hotel Boyer. 1t is a very
dark green, almost black, and greatly re-
sembles the third sand Of Pennsylvania.
Northwest of 1t in Martin county, KY, gas
we'll was recently struck which has a daily
output of sl5. 900 cubic feet. and just
across the line in West Virginia is a gasser
which ,,ls has been burning for eight years,
for oe distance ~hofn of 50 miles Be usesr
favorable conditions. Mr. Dfmick stated
last evening that they were preparing to
start thu ee more wells in the vicinity of the
Salt Lick ven nture They will drill on s.
degree line, and keep parallel with the Pine
Mountains.
S. S. Wilson, of Pittsburg, is drilling we'll
in Wayne county. w. Va, 35 miles north
east, on a p degree line, from the Salt Lick
we'll. He expects to reach the sand within
the next ten days.
.Greenlee & Forst expect to reach the Cor
GLADDEN. farm, south of Mcdonald,
Lewis Hazlett, of Butler, has secured
leases on 5000 acres near Slatelick, in Arm
strong county, and. with other Butler par
ties, Is putting down a well which will be
finished up before long. He has traced the
face of the coal from the Murraysville
gas field and claims that the coal proves
that Murraysville is on the Dagdad anti
olinal, and lines up with Slateliclt, which is
also on n line between the Crooked creek
gas DEVELOPMENTS and Ford & Co.'s gas terri
tory in Butler county.
At Mcdonald the Royal Gas Company's
No. Mark Robb, and Greenlee & Forst's No.
Marshall have been dropped from the list
OF those making 20 barrels an hour. or more.
With the exception of the Forests Gregg
Nos, the others are all down to 20 barrels an
hour. The production was unchanged yes.
terday.
The Gauges
The production of Mcdonald was $1,000
yesterday, the same as the day before. The
hourly gauges OF the larger wells at Nc
Donald yesterday were as follows: Sinclair
Oil Company's Nos. and 2, 20; Greenlee &
Forst's No. McMurray. 90; Peoples Gas
Company's Nos. 146 and 14S. 20; Forest Oil
Company's No. Gregg, 35. The estimated
production was $4,000; stock in the field,
80 900.
Runs and Shipments.
National Ira nsit Company runs were 81, ,2l1;
shipments 30,927.
Southwest Pennsylvania runs from Nc
Donald were 10,546 Outside of Mcdonald,
800. Buckeye runs, Macksburg division,
!, ,7os; shipments. 165Os. Shipments from the
Lima division, 81, ,033; runs. l6 347. The Eureka
runs were 90 ia; shipments, 1863. Southern
Pipe Line shipments, S,49l. New York Tran
sit shipments, 3S S46.
The runs from Sistersville Saturday were
10. S4 and on Sunday S644.
The Tidewater Pipe Line runs were s. sos
average for the month, 3,I42. The shipments
were lo, l5s; on Sunday &c 5O4 total for the
MONTH l6S,349; average, LIS.
The Oil Market.
Range OF the September option: Opening,
DOC; highest, 55Mc: lowest, 55c; closing, $50
Sales, 900 barrels.
Refined oil-New York, 6. 10c; London, 4sz@
1 I3l6d; Antwerp, Hf.
OIL CITY. Aug. 22.-Opened, 55c: lowest
b5c; close, 55c; highest, 55Hc; sales, 5000 bar
rels; clearances, 40sC COO barrels; shipments,
81, ,9Ss barrels: runs, ll0 III barrels.
New YORK, Aug. % The petroleum mar
ket was deserted to-day and not q sale oc-
CURED from the opening until the close