Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-03-01
IT FAV0RS THE BULLS.
The Monthly Oil Report Shows a De-
cline in Completed Work.
INCREASE IN NEW WELLS AND RIGS
Mcdonald and the Southwest Still the
Center of Attraction.
NC0NNAUGHEY WELL SHOWING OIL

NC0NNAUGHEY WELL SHOWING OIL
The monthly report of work done in the
oil fields has just been completed 1t gives
the bulls the under hold, and the bears may
growl and squeeze, but they cannot get
around the tact that the bulls
have the best of the situation at
present. Whether it will have any
Immediate effect on the market is another
matter. There has been decrease of more
than 300 barrels in the new production in
Pennsvlvania oil The completed wells are
not as many by three in February as they
were in January. The average capacity OF
the wells completed in February is only
55k barrels, or IS S-15 barrels less then they
were in January. There has been
decrease in dry holes, however,
from 81 to 81, total OF i've
The new work has been on the increase and
this has been due largely to the weather.
which, in February, was more favorable for
outdoor work than during the first 30 days
of the new wear. There is an increase OF
in the number of drilling wells and an in
crease of 1S in the number of rigs, making
total increase of 25.
The southwest, or the Mcdonald, held
is the one which still attracts the attention
of the entire oil trade. There is still some
work being done in the other fields, but
comparatively it is so small that scarcely
any notice is being taken OF it.
Butler Next to Mcdonald.
The Butler and Armstrong districts are
the heaviest centers OF activity outside OF
Mcdonald but this is almost entirely due
to the Harmony and Zelienople fields In
the districts named there are 81 wells now
being drilled and SO new rigs up. Almost
two-thirds of these are located in the vicin-
ity of Harmony and Zelienople, while the
other one-third are scattered over the vast
area comprised in Butler and Armstrong
counties
The new production in the Southwest last
month was only 1896 barrels against 10, 754
barrels in January. OF this 1886 barrels,
Mcdonald alone furnished 7,793 barrels and
Mcdonald, Mannington, Wildwood, Mt.
Morris, Montour, Brush Greek and Muir
docksville S,544
There were 80 wells completed last month
in the Mcdonald field Three of these were
drv They were Bettman & Watson's No.
i Wettergell, Pew s. Emerson's No. l Nc
Murray, and Haymaker & Co.'S No.
Conaglia
The wells completed and reported as good
for more than 100 barrels day were: The
Forest Oil Company's No. 1 M. Wright,
1000; Guffey & Queens No. Sam Wet
more, 1000: S. S. Wilson, Phillips & Co.'S
No l Faraday, 200; Willow Grove Oil Com
pany's No. 1 Mankediek, 225; Hoffman &
Co.'S No. 2 Moore, 200; Hirsch &
Co.'S No. / Robinson, 200; Oakdale
Oil Company's No. 2 John Wetmore, 200;
Guckert & Steeie's No. McKeown, 100;
Forst s. Greenlee's No. 13 Mevey, 100; No.
IA Mevey, 100; Jennings, Guffey & Co.'S
No. Heron, 200; W. L. Mellon & Co.'S
No. Mrs. Walker, 400; Woodland Oil
Company's No 6 Gamble, 200; Guffey &
Queens No. Robb, 100, and Knox Bros.
Apple & Elyeas No Scott, 100. The
other 81 wells which were finished up last
month are doing anywhere from to 80 bar
rels day.
Surprising That So Much Was Done.
Considering the condition of the roads,
which in this field have been almost i'm
passable since before the holidays, it is
astonishing that so many wells were COM
pleted and as much new work started as is
under way at present.
There were only two wells completed in
the Wildwood field, which year ago was
in the zenith of its glory. One of these two
wells, the Kanawha Oil Company's No. l
Queens No. Runga, is good for 20 barrels
q day.
The South Penn Oil Company finished up
two wells in the Warrington field. Each
of them is doing Is barrels day. One is
No. Blackshire, and the other No j. A.
SNYDER These were the only wells COM
pleted in this field.
At Grafton four wells were completed.
One of them, the Fort Pitt Gas Company's
No. Stonecipher, was dry. Patterson &
Jones No. Kelso is doing 100 barrels
day. Their No. 8 Shaffer is doing 500 bar
rels day and their No. McGarr is re-
ported as being good for only 80 barrels
day. The South Penn Oil drilled 15-bar-
rel well on the Neeley heirs farm at Mt
Morris, and the Mongolia Oil Company got
one that is good for 80 barrels in their No.
j. C. Moore.
Westview Is Almost Forgotten.
The only well drilled at Westview, three
miles west of Allegheny City, was dry. 1t
is the American Clubs No. / Mclaughlin.
The Forest Oil Company's No. 8 Eckbert
was the only one finished at Montour, and
is good for only three barrels day.
At Brush Creek the Economy Oil Com
pany got three-barrel well on the Pink
farm. and the Philadelphia Gas Company's
No. l Morrow was dry.
The Ohio Valley Gas Company's No. 1
Fulton, at Murdocksville, was dry, and the
Raccoon Oil Company got a 20-barrel well
on the A. NJ. Armour farm.
Longfellow & Co. got an S0-barrel well
on the Ward farm at Macksburg. Hutchin-
son Bros No. 1 Hutchinson was dry, as
was the Stephens Bros No. 10 on the
Stephens farm.
The Kanawha Oil Co. IS No Whitney, at
SistersvIlle, is reported as doing five bar
rels day, and the Miller's Run Oil Com
pany's No. Dist as good for 40 day
johnson & DuePs No. Pile is reported
dry.
The New Work Under Way.
As noted before, there was more new
work started in February than in January
throughout the Pennsylvania oil-producing
fields. In these fields, including the dis
tricts which produce Pennsylvania oil,
Allegany, N. Y, West Virginia and
Southwestern Ohio, there was an increase of
five in the number of drilling wells and an
increase'of 10 in the number of rigs going
up and completed.
In the southwest field there was a de-
crease in drilling wells of ten, or from 1877
to III, from January to February; and an
increase of 16, or from 62 to rs, in the nuR-
Der of new rigs. In the Butler and Arm
strong districts there was an increase from