Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-07-06
MEISE POOL. IMPROVING.

The 81. Clair OIL company's We'll Brough
Up to 20 Barrels an Hour Yesterday
Shane No. L Dry in the Fifty Sandwich
which 4 re- DueTo-day.
The well OF the st. Clair Oil Company, in
the Meise pool. has turned out better than
the owners first anticipated. When the
Gordon sand was first perforated and the
drill had penetrated toa depth of Is feet, il
was yielding only 125 or 100 barrels day.
Since then he IL n hasssruch = a better pay streak
reported to be doing at least 20 barrels an
hour. 1t is located only a short distance
southwest of the old Mefse No. l, and makes
the pool look great deal better than when
this territory was first drilled over.
The well OF Guffey q Co., on the Shane
farm, located half . mile southwest of the
old Meise we'll, was drilled through the fifth
sand yesterday and no oil was found In that
The Belmont Oil Company's well, located
80 feet northeast of the Shane well, will
make ID OF 20 barrels a day.
Malarkey Co. expect to reach the sand
this afternoon in their No. 2 on the Freeman
property west of oakdale.
Shooting at NobIestown.
The Forst & Greenlee No. 8, on the Mar
shall & Chalfant lease, located half a mile
southwest of Noblestown, was drilled
through the fifth sand yesterday. There
was no more oil found in the fifth than in
the Gordon sand, ana yesterday afternoon
they gave it shot in the fifth.
Jennings Gufrey & Co.'s No. Ton the Her
ron farm was down ]. 400 feet yesterday.
McManus & Co.'s No. 2 on the Auseough
properly was in the top of the Gordon sand
and showing for good well.
The Forest Oil Company's No. on the
John McEwen farm, which is located about
400 feet north OF the Shane. was in the top of
the Gordon sand last evening and showing
q IIyh vel in hat frr
The Forest Oil Company's No. on the
Wright heirs farm is due to get the fifth
sand tomorrow. It went through the fourth
sand yesterday, has cased the water on
from the 100-foot. The same company's No.
3. on the McClelland farm northeast OF Oak
dale is due before Monday.
McFadden & Co.'S No. on the Thistle
farm, located n mile east of Sistersville.
started to pumping yesterday, and found oil
Immediately. 1t is showing for good well.
The other wells in that region are light.
Gauges of Mcdonald.
The gauges of the big wells yesterday
were as follows:
Lynch s. Co.'S No. 1, Meise, %; Oakdale
Oil Company's No. 2, Morgan, 30; Florence
Oil Companys No. 3, Robb. 20; Forst Green
lees, No 8, McMurray, 25.
The estimated production of the field was
90 900 barrels, and the stock in the field 54,-
600 barrels.
The runs of the National Transit Company
242 barrels. The runs from Mcdonald were
1927 barrels and the shipments Jos, TOT.
Buckeye pipe line shipments were 1865 and
runs $685.. Macksbur9 division runs, 1,503.
shipments, none. Eureka line, shipments,
none; runs, 6,4S5
Yesterdays Market Features.
There was very little trading, the holiday
bringing no improvements. There was one
sale at 5316c. This was the highest point of
the day. The opening, lowest and closing
was 53c. Refined was quoted: New York, g.:
London, AZ; Antwerp, 1314. Daily average
runs, the latest posted. 81, ,7S2; daily average
shipments, 81, 26s
NEW YORK. July 5.-The Petroleum market
opened steady, fell &c and closed steady.
Penn'a oil spot sales 1000 barrels at 5234c;
August option sales, $4,000 barrels; opening.
531sc; highest, 5S1sc: lowest SIC: closing, SIC;
lima oil no sales: total sales, 80 600 barrels.
OIL CITY, Pa, July 5.-National Transit
certificates. opened, 53Nc; highest 5314c:
lowest. 631Sc: closed, 53sc; sales, 1000 barrels:
clearances, $4,000 barrels: shipments, 15l, 225
barrels; runs, As, s,9l1 barrels.