Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-24
M'DONALD DROPPING.
Its Estimated Output Fell to 1880
Barrels Yesterday.
RISE AND FALL OF THE FIELD.
Patterson & sohn's Well at Undercliffe Is
Falling Off Rapidly.
LATE REPORTS FROM sIsTERsvILLE

There was drop of 500 barrels in the
| estimated production of the Mcdonald field
yesterday This is lower than it has been
since it passed this point in its upward
| course nearly a year ago. There is no
doubt but that the field is gradually declin.
| ing, and it is only a matter of time until
the bottom is reached. When the Wild
wood field reached $4,000 barrels everyone
who was interested In that field predicted
that it would 60 to $1,000, but inside of six
months it went down to less thar 5000 bar
rels day.
There was a time when the writer saw q
wager made on Fourth avenue that the pro-
duction of the Mcdonald field would never
reach 20, 1000 barrels, but within the next
two months Invent to over 80, 600 barrels q
day. This goes to prove conclusively that
even the Oldest men in the business and
those sage persons who are referred to as ex-
perts can tell nothing about the probable
extent or prod uction of field.
It has been proven, especially in the
lower fields, that theories 60 for naught,
and that even the wisest men are incapable
of judging where and where not to drill.
The drill is the only sure producer, and
witch hazels, charms, dreams and super
natural visions are relegated to the shade
when the steady, solemn plunge of the bit
gets into the sand.
From the Undercliffe Well
Patterson & Sohn's we'll, on the Kessler
farm at Undercliffe, on the Pittsburg and
Western Railway, had declined very materi-
ally yesterday. One party who was at the
we'll two hours in the afternoon declared
that it was only making from five to six
barrels an hour, and Sohn, one of the pro-
prietors, said was making only from 10 to 12
barrels an hour.
This is big drop from the rate at which
it started, and, unless 1t is brought up by
deeper drilling, the property in the vicinity
will decrease in value as fast as the we'll de-
creases in production. There is no doubt
about q big pool of oil being located in the
vicinity, but it will take several wells to de-
velop it.
There is well being drilled at Leetsdale
on the. Ft. Wayne railroad, which has
developed strong showing of oil in the
lo0-foot 1t is being put down by local
parties and has been stopped in the 1O0-foot
until it can be developed, and Its capacity
as an oil well determined.
Patterson s. Sohn are starting a we'll on
the Kleitz farm back of Undercliffe, and
other parties are getting rigs up on sur
rounding farms
Greenlee & Forst's No on the GLADDEN.
farm, southwest of Mcdonald, is in the
Gordon sand and showing for good we'll.
Hustler, Davis & Bolts No. on the
Boyce farm has entirely stopped flowing
1t started off at 35 barrels an hour, but,
after it had flowed at this rate for couple
of days, it suddenly ceased to respond. and
they are now busily engaged in trying to
get it to flowing again.
Developments; ;at sistersvilIe.
The runs from Sistersville were down to
9,031' barrels yesterday, but the wells in the
well.
McFadden's we'll on the Thistle farm,
east of Sistersville, is making 150 barrels a
day. Wallace & Parker's we'll on the Ohio
side of the river, which reached the sand q
week ago, is doing 200 barrels every "a
hours. e.
The following is from the Tyler Star and
gives an idea of the workings of the courts
in the Sisterville territory: ga Mr.. Irig,
an oil man down at Sistersville. was drill
ing q we'll Some other parties claimed an in
terest in the lease and appealed to the court
for protection. An injunction was granted
enjoining Irig from further work. He dis
obeyed the Injunction and was arraigned
before Judge Jacobs to show cause If any
he could why he should not be fined for
his contempt of the Courts order. Mr..
Irig in response to questions of the Judge
said he thought it was a game of "bluff,"
and didn't know just what the papers served
on him were, as he didn't read them. Judge
Jacobs gave him to understand that the
Court was not engaged in game of any
kind, and that bluffng was no part of the
business of the Court and fined the gentle
man $15, which was paid"
Personal.
Thomas J Heller, a well-known oil
country boy, was severely injured by falling
from an embankment at Oakdale. He was
taken to the West Penn Hospital where 1t
was found that his collar bone and couple of
ribs were broken. He returned recently
from Peru. where he was drilling wells for
the London and Pacific Petroleum Com
pany.
The production of Mcdonald was II, 500
yesterday, or 500 less than the day before The
hourly gauges of the larger wells at Nc
OIL Company's Nos and 2, 20; Greenlee &
Forsts No. 8 McMurray, 20: Peoples Gas
Company's Nos. 146 and 14s 20; Forest Oil
production WI was is,ooS; stock ITO in the Held,
z6, 50O
Runs and Shipments.
National Transit Company runs were 81, ,663;
shipments. 80, 9s6.
Southwest Pennsylvania runs from Nc.
Donald were 20,263. Outside of Mcdonald,
10,905. Buckeye runs Macksburg division,
3,0l2; shipments. none. Shipments from the
Lima division, A, ,7l2; runs. 81 ,064 The Eureka |
runs were 10967; shipments, 1892 Southern
Pipe Line shipments, 30.S .S92 New York Tran
sit Shipments 29,255.
The runs from Sistersville were 9,03l.
The Tfdewater Pipe Line runs were $3.50,
average for the month, $685. The shipments |
were none; total for the month, 16S, ,349; ave- |
rage, 7,424. !
The Oil Market.
Range of the September option: Opening, |
55c; highest. o5s4: lowest, 55c; closing, S61Ic |
bid; sales, 5000 barrels.
Refined Oil-New York, 6lOc; London,
Isssd; Antwerp. Af
on CITY. Aug. 23.-Opened, 551Ic; closed, |
551Sc: highest, 55szc; lowest 55ssc sales, $4,000
barels clearances, 5000 barrels; shipments, |
q, ,7S4 barrels; runs, S9, 626 barrels.
NEW YORK, Aug. 23.-The petroleum mar. |
ket opened steady; declined 30 on small |
sales and closed dull. Pennsylvania oil |
spot sales, none: September option sales, |
5000 barrels; opened, Sc; highest, 56c lowest,
b5ssc; closed. $3.50. Lima, no sales.