Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-01-01


rrels an hour, and the next
Gas Company struck the fifth
D. !, on the Mary Robb farm.
aile to the west, and started on
san hour, which was subsequent
d to 80.
Is the test well OF Guffey, Murphy,
& Co., on the Matthews farm,
it of Noblestown, was drilled to the
and and started OFF at 40 barrels an
1t had been producing from the COR
and for several weeks previous TO TINS,
owing to some leases which had not
iclosed'up the owners did not drill it
-nediately to the fifth.
Greatest Well in the Field.
This was and has been as a steady pro-
ducer the greatest well in the field. 1t has
produced to date $4,000 barrels of oil, and
from the Heron hollow, ,inwhich tits located,
the owners have taken 100000 barrels OF
petroleum. Their No. on the Susan Heron
farm has produced 100000 barrels and their
No l on the Matthews heirs farm, which is
comparatively a young well, has made
100 900 barreIs
The Matthews No Twas allowed to remain
at 40 barrels an hour for several weeks When,
as she showed no sign of declining, the
owners decided to drill it a little deeper into
the sand. The tools had been run but a few
minutes when it began to now at
the rate of l40 barrels an hour.
Drilling was stopped, and nothing more
was done for couple of weeks
and as it was still doing l40 barrels an hour
they hit it again. and its production went
to 240 barrels an hour. This was considered
phenomenal, but a few weeks later it was
again drilled, and jumped to near 600 barrels
an hour. Their wells on the Bell farm a lew
were also big producers and helped
with their Nos. l and Heron TO
get the 100000 barrels of petroleum they
have now to their credit. Averaging the
price of oil at 60 cents a barrel the oil which
they have produced in the last five and one
half months is worth SS0O,0 As the wells
are still big producers it is probable that
they may get as much more from their
leases in this hollow. J. NJ. Guffev, NJ. Muir.
ply, f. II. Jennings, John Galloway ana
John Galley are the members of this firm
Another Successful Firm.
Tne Oakdale Oil Company has, next to
Guffev, Murphy, Jennings & Co., made more
money than any other firm in the field. The
Fisher Bros, the we'll known operators, are
the heaviest stockholders. 1t has l 800 acres
under lease in the field, from which $4,000
barrels OF oil have been taken up
to date Their greatest well is the
Baldwin No. j, which was struck August lS
and has produced to the present time 27l 600
barrels, or over 900 barrels a day. Their
other big wells were on the Wallace, the
Morgan heirs and the Sturgeon heirs
farms.
The Forest Oil Company secured large
block OF good territory in the rich belt and
the horn in the lower end of
the field, although their ventures
in Southwest McCurdy have not proven
gushers. Their No. on the W, c. Heron,
and one each on the three Glenn farms are
Of the first magnitude.
On August Il Guckert Il Steele drilled
their No. on the Merry farm. 1t started OF
l00, 900 barrels but with one exception their
other wells on this farm have been small
The King of Gushers-
The greatest gusher on earth FC~,-- &
Greenlee's No. on the Mevey farm, half 4
mile northeast of the first wells drilled, was
on September 26, and has since
produced in the neighborhood of 100000 bar
rels. 1t has produced more oil in one day
than any other well ever struck in
over 5000 barrels day, or |
nearly 100 barrls hour. Their Nos. I
and started OFF with a combined output of |
40 barrels an hour, but soon dwindled- |
There were Is wells drilled on this farm, and |
with the exception of those named, they |
have all been light.
J. NJ. Guffey, NJ. Murphy and John Galley |
held leases on the Elliott and the Sam Stur- |
geon farms, on which they drilled half a :
dozen wells which have produced altogether /
several hundred thousand barrels of oil.
The DevoRan Oil Company, which was
FiHegan, Downing 6 Co., drilled
big well on the Morgan Elliott farm, in the
western limit of rhe territory at Mcdonald,
which has produced enough oil to more than
These wells with those of Patterson
Jones on the Kelso farm, and the Devonian
Dill Company's Nos. l and on the Boyce,
southwest McCurdy, are about all of the
great wells of the field, although there were
oUhers which started off at over 100 barrels
IN hour, but soon dropned to almost insig-
lificamt proportions.
J. NJ. Guffey and NJ Murphy are the largest
gamers in the field by long odds.
They are about equally interested in the
Oakdale Oil Company, in the firm of Guffey,
O Al,-
md Sturgeon farms The farms in which
hey are interested have produced half of
al the oil in the whole field, or about $780,
100 barrels.
Production of the Field.
The production of the Mcdonald field on
26, Just after the Mevey No. / of |
Ireenlee Forst came in, was 32 900 barrels;
IN October l3 it was 5000; October Is, 45, ,500
october l6, 81, 900; October Il, 50 OG0: October
g, 81, 900; october 81, 5000. November l it
was II 600; November 4, 73,OOO November it
umped to s0,000 and Oh November 6 it
reached the highest point of the ear, "a, 800.
From that time it has gradually declined to
he neighborhood of 10000 barrels. The
-otal production of tine entire field is about
$50, 900 barrels. The value of this produc-
ion would De 50 $50 900, averaging the price
)f oil at so cents a barrel.
There has been about s.. 500 900 put into |
he field in the drilling of wells, laying pipe !
ines, building tanks, paying bonuses, trans !
and other expenses. There have
Deen drilled in the Mcdonald field alone 26I
wells and there are l67 drilling. In the Me-
Curdy field there were less than 100 wells
There are Pst = dozen firms in the field |
which will eventually come out of it dollar
lhead, while probably 500 individuals have
ost money. The amount of oil to the acre
will average about ], $50 barrels while the
Bradford field has averaged considerably
,ver 1000 barrels to the acre.
No field has ever been more spotted than
and none has contained richer
,ools. A well like the Matthews No /
which has produced 550,000 barrels of oil
would have drained ], 100 acres OF sand, aver
ging !, 100 barrels to the acre. In Mcdonald
he average depth OF sand has been only 10
eet, while Bradford averaged from g. to so
eet
Bullish Monthly Report.
Tne report of the work in this field for the
asst month of the year is decidedly bullish
There has been an all around decrease, even
n the number of dry holes. glance at the
will show that gushers are a thing
# the past. In the southwest there
~ TIE GENUINE Z
JOHANN HOEE,S