Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-07-20
PROVEN by DRILLS.
A Wonderful Wealth of Gas Now
Assured in the Pinhook Field.
BIG PRICES FOR THE TERRITORY.
Leases Can Now Only Be Secured at From
$50 to 800 an Acre.
BUT ONE DRY HOLE HAS BEEN DRILLED

The great Pinhook gas field is now the
scene of almost as wild excitement as at the
opening of the Mcdonald field. The story
which the big companies said they were
waiting for the drill to tell has been told in
volumes of gas and wide extent of ter
ritory greater than that predicted
in THE DISPATCH when the field
was first discovered. The wells already in,
have settled beyond doubt that the rock
pressure is from L. 100 to 1900 pounds and
the minute pressure over 325 pounds. Wells
are being put down everywhere and the
field is so promising that wells are being
bought before the iron gets into the pay
sand.
Though the officials of the gas companies
still say they doubt the good qualities of
the fell, they are, nevertheless buying
territory at prices never before known in
the history of the gas business The Phila-
delphia Company still leads in acreage. 1t
already has enough big wells in to insure
full supply for this winter. They are now
only drilling along the lines to protect
themselves
Fancy Prices for Gas Territory.
Experts claim the largest volume wells
ever struck in the lower country are the
wells now in the Pinhook field. Just to
give some idea Of how the big companies
value this gas territory, the Philadelphia
Company has been paying $50 an acre for
leases while the usual prices for such rights
run from So to $40 per acre. Though $50
was q fancy figure the Peoples Company
paid $1OO an acre for the lease of the Lud-
wig farm.
With all the drilling that has been done
in the Pinhook field there has been only
one dry well, or record of seven enormous
wells to one duster, which is better on the
face than ever the Murraysville or Grape
vile field 1t also proves the statement
that Pittsburg has gas for years in the Pin
hook field.
People who understand the gas business
appreciate the immense volume of this
field, the high pressure of the wells and the
closeness of this great field to Pittsburg
In proof one company has recently made
an offer Of $50, 900 for 1000 acres of the
territory Experts declare the field is now
so well developed that drilling a we'll is no
longer venture, but certainty of secur-
ing gas in paying quantities
Going Deeper Into the Riches.
The Chambers Glass Company has a rig
up and will commence to drill tomorrow at
Logan's Ferry, on the Allegheny Valley
Railroad. This we'll is within 12O feet of
the tracks of the railroad and will be
watched with absorbing interest lry gas men
everywhere. 1t is a jump to the northwest.
of mile and half from the famous Deeds
WELL Since this well has been completed
another has been started on the Stewart
Iarm by Gibson & Giles. This
is another we'll which will be the center of
interest as it is another jump of mile to
the northeast of the Chambers we'll
If both of these wells are successful 1t will
close up gap of five miles between the
Deeds we'll in Plum township and the
Zent's we'll in Burrell township, and will |
prove the Pinbook field the largest, widest |
and best gas field that has ever been struck |
Offers for Unfinished Wells.
Both these wells are exactly on the anti |
,linal, and are so we'll thought Of that large |
offers have already been made for one Of |
them. While the Murraysville field always |
showed up nearly its full strength on the |
minute pressure, the Pinhook field is
nearly equal to it in that respect, while the |
rock pressure is away beyond. The fields
ire equal at 2K minutes, but in three min
1tes the Pinhook field shows q pressure of |
200 pounds greater than the Murraysville |
1lQ IN tne same lengtn OF tlme. line rocK
pressure in Pinhook is from LOO to 1000
pounds, and it shows its full force in eight
minutes.
There are not many outside of gas and oil
men who understand just what the various
pressures mean. A gentleman explaining
It last night said:
The Meaning Of Gas Pressure.
'There are three kinds of gas pressure,
rock pressure, minute pressure and what is
Known as open pressure. The last is really
nothing and is no indication of what we'll
s worth. 1t is never used except
" people who want to buy well and are
lnxions to cut down the price. 1t is taken
" placing an eighth of an inch pipe with
IN elbow in the mouth of flowing well.
There Is small gauge in the other end Of
he pipe. and the pressure of gas entering
his small aperature is what is called open
PRESSURE. 1t can hardly be called a test,
md is no indication of the value of well.
Minute pressure is the only true way of
the value of we'll. 1t is taken
" closing off a flowing we'll and taking the
auge for the first minute after the well has
een closed in. This gives exactly the force
+ the we'll ThG rock DreSsure ia all that |