Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-23
Boston Stocks-Clos sing Prices.
IN SOUTHWEST M'DONALD

Preparations Are Now Being Made to
Thoroughly Test the Territory - An
other Well to Be Drilled on the Reed
Farm-Hunting Lower Sands at Under
cliff.
There was little change yesterday in the
lower oil fields The production of the Nc
Donald pool was estimated at 20, 900 barrels,
the same as the day before.
The Woodland Oil Company's No. Q on the
Scott farm was reported to have fallen from
65 to so barrels an hour. They made locations
for two more wells on this farm yesterday
and they expect to have them spudding by
the first of next week.
Knox Bros. & Co.'S No. Q, on the Scott
property, is still making 80 barrels an hour.
They have also commenced further opera
tions. Yesterday they were rigging up at
No. and No. will be spudding the last of
the week. These wells have been located
| east of the others, as it is believed that the
richest part of the pool lies in that direc-
tion.
Other operators who hold leases in this
locality intend to develop their property
before long. and it may yet turn out that the
region southwest of the railroad, and the
town of Mcdonald, is as rich as that to the
northeast.
In the territory which is now known as
the old Mcdonald pool, the rich belts were
had they width of moro than a few hun
dred feet, and outside of these rich belts the
territory was not remarkable for big wells.
For every gusher there were from II to 20
small wells drilled, but the astonishing fea-
ture OF the field was the TACT that the first
wells were in nearly every case the big
ones.
First Test Wells No Good.
In the district southwest of Mcdonald
there have been a number OF what were
called "test wells" drilled, and in each lit
tie oil has been found, but not in great guam
titles in the fifth sand and for this reason
the trade in general had become disgusted
with that locality and declared that it was
no good. Later developments have proven
the contrary.
One of the owners of the Reed farm well,
which was drilled nearly q year ago and
showed little oil, STATED Yesterday that
another well would probably be started on
this farm sooD, but to the east Of the first.
one. This well is almost a mile and quarter
southwest of the Sc'tt farm. and q few
hundred feet west of a 45-desree line from
the big Scott wells.
The Tidal Oil Company, which recently
purchased the bulk of Greenlee & Forst's
leases in the Mcdonald field, has furnished
u set of magnificent offices at Noblestown,
and will make that point it's headquarters
for all OF its oil business in Pennsylvania.
Reports from its upper country property
from thence to the home offices of
the company in New York. Yesterday
the officers of the company made locations
for Nos. and on the GLADDEN. farm, half a
mile south of Mcdonald. The Noblestown
office will be in charge of John L. Hunker,
and MIR. Jones, recently with the Forest Oil
Greeniee & Forst's No. 1 Woods. near
Gregg station, is due in the fifth Friday or
Saturday.
Drilling for Lower Underciiff Sands.
UNDERcLIFF-Patterson& & Sohn are drill
ing in the fourth sand at their Erhm men trout
we'll They have started to drill again at
their Fucker farm well, which was shut
down when 10 or 70 ieet in the SO-foot The
rig at the Kleitz woll is about completed.
The first one was burned.
Mercer McClurg expect to reach the 80
foot this morning on the Miller farm.
Wfttmer & Co. are on top of the 30foot on
the Gilmer arm, which is located northeast
of theSKessler.
Jennings & Co. are through the 3O-foot and
drilling to the third sand on the Herman
farm. They have about l,sOO feet of 8O-foot
oil in the hole.
Fisher Bros. are due next week on the
Klouse farm, which lies between the Kessler
and the Herman farms.
The East End Oil Company is still fishing
in the salt sand on the George Kleitz.
Rosenri is below all known sands in his
well at Wittmer station, but he Is still drill
New SistersviIle Wells.
SIsTERsvILLE-Jennlngs& s. Grace's No. on
the Whitten farm is due next week. Grace
& Co.'S No. l Cain is making 80 barrels day,
and No. 2 is in the sand and showing for u
better well than No. L
The Kama wha Oil Company's Nos and 8
on the Ludolph farm are due this week.
They are starting No. 7 Ludolph and No. 8
Calvin.
The Gauges Monday.
The production Of Mcdonald was 10000
yesterday, the same as the day before;
Woodland OIL Company's No. Scott so per
hour; Knox & Co.'S No. Scott 80 per hour;
The runs from the sistersville field were
16, 729 barrels on Monday.
Runs and Shipments Monday.
The runs of the National Transit Company
were so,6i6; shipments, 5O,s74; Southwest
runs from Mcdonald were 1880: outside of
Mcdonald, 1880; total, %. 149; Buckeye Pipe
Line runs from. the Macksburg field, 1875;
shipments, not in; Buckeye runs OF Lima oil,
80 $780, shipments, 1854; Eureka Pipe Line
Line shipments, 2l,ss9; New York Transit
shipments, 1881.
The monday runs OF the W. L. Mellon
lines were 6,645 barrels; shipments, 1855;
receipts from other lines, none; toJal re-
The runs of the Western and Atlantic
Pipe Lines on Monday were 3.755. The ship
The Tidewater Pipe Line runs on Monday
were 4, GA; total, SO, 415; average, 3972. Ship
ments, none; total, l7s.os1.
The Oil Market.
Range OF the December option: Opening
6se; highest, 5s11c; lowest 69]6c; closing, 527sc
bid
Refined oil-New York, 67oc; London, 40
45zd: Antwerp, 1Sf.
New YoRK, Nov. 22-Petroleum opened
strong but eased of near the close. Penn
sylvania oil, spot sales, none; December
options, sales. 1900 bbls a. 6s@sass@52Ho.
1900 bbis. Refined oil declined ten A points.
OIL CITY Nov. 22.-National Transit certifl-
Gates opened at 62sc; highest, 13lc; lowest,
$3.50: closed, 62ssc. Sales, "a 060 barrels: