Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-02
OIL PRODUCERS HOPEFUL.

The Bullish Monthly Report the Cause
Increase In the Fifth Sanders South Of
Noblestown-The Clever Wen Through
the Sand and Light.
There seemed to be more hopeful feel
ing prevalent among the oil producers gen.
orally yesterday, owing to the bullish
nature OF the monthly oil report The
market insisted on staying above 80 cents
and steadier feeling was noticeable.
The Wheeling Gas Company succeeded in
getting the bailer out of its No. on the Kel-
SO farm, and when they measured up the BIT
was found to be only four feet in the fifth
sand instead of 10 as was 1t first supposed.
The sand, however, had been getting hard
and unless there is decided change in It's
character it will hardly be producer. Tho
big oil in the Scott No. 2 of Knox Bros. Co.,
500 feet Co the west, was found at from six to
eight feet In the sand.
The Forest Oil Company's No. Stirling
has been added 10 the list OF big wells. It
was drilled deeper yesterday, and its output
Was increased to 25 barrels an hour.
E. H. Jennings & Co.'S No. ], on the sproul
farm, south of Noblestown, was drilled into
the second pay in the fifth sand yesterday,
and was reported last evening to be making
10 barrels an hour 1t WAS good for only 100
barrels day from the first pay.
The Tidal Oil Company's Nos. and 10, on
get the fifth sand, as was expected, this
week.
The Woodland Oil Company and the Oak
dale Gas Company are down 1900 feet in a
we'll which they are drilling on the Lut1
farm, formerly the Mckee.
jennings, Guffey & Co.'S No. 10 Bell is
down 1,600 feet and No. II is drilling at 200
feet.
Fourth Sand Looking Barren.
The Wheeling Gas Company was putting
the ten-inch casing into its No. on the
George heirs farm yesterday. Their No.
Kelso is down $50 ieet.
The Forest OIL Company's No. 2 Devine, in
the northeastern McCurdy district, was IS
feet in the fourth sand Yesterday and had
found no oil. It is 500 feet east Of No.
In the No. the best pay streak was found
at from 40 to IS feet in the sand. One pay
was struck q 25 feet and another at IS feet.
Greonlee & Forst's No. i on the Rough
farm. which is located 200 feet west of No.
Devine, was 20 feet in the fourth sand last
night. They expect to strike the first pay
to-day.
The Forest Oil Company drilled its No. 1
A. P. Clever through the fifth sand yester-
day, but got but little oil. 1t is about half q
mile west of south from their big well on
the d. K. Clever farm.
Greenlee & Porst's No. 2 Oak Ridge Is due
in the sand Monday.
The Miller Well Showing Favorably.
UNDERoLIFB-Mercer McClurg's No. on
the Miller farm was reported last evening
to be six feet in the 3O-foot sand and gassing
strongly There was no change at Patterson
& Sohn's Fucker well. 1t is still standing
full OF oil.
The Gauges Yesterday.
The estimated production of the McDon-
aid field yesterday was 205O0 barrels, 500
barrels more than the day before. The
Woodland Oil Company's No. Scott was
making so barrels an hour; Knox q Co.'S No.
2Scott. 35 barrels an hour and the Forest Oil
Company's No. 2Sterling, Is barrels an hour.
The stock in the field WIS 46, 900 barrels.
The runs from the SistersvilIe field were
1881 barrels.
Runs and Shipments Wednesday.
The National Transit runs were 1855;
shipments, SO 555. Runs of Southwest Penn.
sylvania from Mcdonald, 20,215; outside Of
Mcdonald a. OO3; total, runs, 4,219. Buckeye
runs OF Macksburg oil, 5,oSo; shipments, 1se.
Buckeye runs of Lima oil, not in: ship
men ts 6sO47 Eureka runs, ls. s.Sl6; shipments,
5.O69 New York Transit shipments, 32,9O7.
Southern Pipe Line shipments, 26 l0a
The Wednesday runs of the W. l. Mellon
pipe lines were, s.439. shipments, 143l bar
rels.
The Western and Atlantic pipe line runs
were $685. shipments, 2,456. Total runs for
the month, $3.50; total shipments, 1855 bar
rels.
Range of the January option: Opening,
SIC: highest, 521sc; lowest, sec, closing,
591Sc.
Antwerp, l256f.
NEW York, Dec. L-Petroleum was hrmer
to-day: opeuin at 5lNc: highest, SSc; lowest,
5I3Ic: closing at 53c. The trading was eX-
tremely light. Pennsylvania oil-Spot sales,
none; January option, sales, 5000 barrels.
Linn oil, sales, none; 7c bid. Total sales,
B. 900 barrels.
tificates opened SIC; highest, 53c: lowest,
SIC; closed, 52Ic. Sales, 81 900 barrels; clear
ances, 1855 100 barrels; shipments, l13s 66S
barrels; runs, l2s, ,5s5 barrels.