Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-18
THE NEW OIL POOL.

|
Erhmentrout Well at Underclif Is Dry
in the Third Sand-West Virginia and
Ohio Wells.
The big wells southwest Of Mcdonald
| borough created considerable comment yes
| terday and it now seems to be the general
| impression that field of considerable
| dimensions may soon be opened up in that
vicinity.
The No. well of Knox Brothers & Co., on
the Scott farm, was reported last evening to
be doing nearly 100 barrels an hour. al
though the Pipe line. reports placed it at
only 20 an hour. Additional tanks were
being put up at the we'll.
The indications are that 1t will be still
1t is located nearly 700 feet east of the first
well on the Scott property which is, and has
been. doing nearly 100 barrels day since it
was first drilled in.
The woodland Oil Company's No. Scott,
which came in a couple of weeks ago at the
rate OF so barrels an hour, was drilled deeper
into the fifth sand yesterday for about ten
minutes when it increased to 75 barrels an
hour and the drill was stopped. 1t is also
located east of the other wells of the Wood
land Oil Company which did not show for
more that $50 barrels day.
Judging from the location OF all of these
wells, which are q couple of miles southwest
of Mcdonald, it would appear that the first
wells drilled in that region were located on
which have just been brought in were on
the rich streak, few hundred yards to the
east.
Jennings & Co.'s No. on the Matthews
heirs farm was drilled through the Gordon
sand yesterday and they expect the fifth
tomorrow.
Increased by a Shot.
The Ruppel Oil Company shot its No. on
the Moore farm, in northeast McCurdy, yes
terday, and it started of, in response, at IS
barrels an hour.
The Florence OIL Company is down 600 feet
in its No. on the Miller farm, south of the
Meise pool. They expect to get the fifth
sand Monday on the Sproul farm, back of
Oakdale. In the Sistersville field they have
become discouraged with some of their
leases southwest of town ana are now drill
ing north of the village.
trout at Undercliff. located 1000 feet south
of the kessler well, was drilled through the
third sand yesterday and is dry in that
formation.
A. J. Mercer & Co. have started a couple
of wells mile and a half southeast of Cor
ming in Perry county, O., which is go miles
west of Sistersville.
Nos. !, s, and 10 on the Eph. Wells farm be-
low Sistersville. They range from 600 to
J, 200 feet in depth.
1t was reported last evening that the
Philadelphia Company's we'll iE the Nc
Curdy field. located on the Martin Clever
farm, was flowing, but it could not be veri-
fed.
The Gauges Wednesday.
The production of Mcdonald was 10000
yesterday, 1900 more than the day before;
Woodland Oil Company's No. Scott 35 per
hour; Knox & Co.'s No. Scott, 70 per hour;
stock in field, $4,000.
The runs from the Sistersville field were
not in barrels on Wednesday.
Runs and Shipments Wednesda ay.
The runs of the National Transit Company
were 3O64l; shipments. 44,77s: Southwest
runs from Mcdonald were IA, 9O4 outside of
Mcdonald, 1O,553; total. 25 456; Buckeye Pipe
shipments, none; Buckeye runs of Lima oil,
e7,797 barrels: shipments, &c, 205: Eureka Pipe
Line runs, JIG, 7S4: shipments, 1883: Southern
Pipe Line shipments, II, 3S3; New York Tran
sit shipments, 3l,9i6.
The Western and Atlantic runs on Tues
day were $3.50 barrels; shipments, 3.093.
The Wednesday runs of the w. L. Mellon
lines were 1916 barrels: shipments, 6,147;
receipts from other lines, none; total re-
ceipts, z94S.
Tidewater Pipe Line runs W ednesday were
1892; total, g., ,727; average, 1920. Shipments
none; total, 12l,943; average, I621
The Oil Market
Range of the December option: Opening.
&c: highest, 521zc: lowest, SIC; closing, 52Ic.
Refined oil-New York, 5 SOC; London, 4Z@ !
47kd: Antwerp, 1871.
on CITY, Nov. T.-National Transit Ger. |
tifcates opened, SIC; highest. $3.50; lowest.
SIC; closed, SEC. Sales, Is, 900 barrels: clear.
ances los, 900 barrels; shipments, Ill, ,30S bar.
rels; runs 103, ,655 barrels. |
NEW YORK, Nov. H.-Petroleum was stag
nant throughout the day. Pennsylvania |
sales, none; 521sc bid. 529sc asked. Lima oil |
Sales none; l7c bid.