Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-02-12
NEW RIGS BUILDING.
lilOperators Willing to Take Chances
on Getting Big Wells.
10 FRESH WELLS In YESTERDAY.
Fifth and Gordon Sands to Re Entered at
Several places To-Day.
PIPE LINE STATEMENTS COMPLIED

Mcdonald is not nearly so dead as great
many people who have never visited the
ield might be led to suppose Dozens of
new derricks can be seen from the railroad,
and back of the hills there are plenty of
new RIGS going up. 1t is yet the best oil
feld in America, as few Of the wells
drilled have been absolutely dry,
while sny one of them is liable
to come in big. Operators are now drilling
in territory which they would not touch
last fall. as a well which did not start on
then at - or leo barrels an hour was looked
upon as a dusUer. Operating for oil is one OF
tile grca test games of chance in existence,
and especially in the Mcdonald field, where
every inau believes his well will be a gusher
until it is through the sand ana proven
otherwise. This is one reason why SO many
new wells are being drilled at present.
Each operator hopes to get gusher
Brown. Robinson & Co.'S we'll on the NC
Murray property at Noblestown was drilled
deeper Yesterday, and last evening 1t was
flowing by heads and making ID barrels an
hour. 1t was not much improved by the
drilling.
The Jolly Oil Company has commenced to
spud in its well opposite the YOUNGSTOWN
station
Jennings, Guffey & Co.'S No. 8, Matthews
heirs is due in the fifth tomorrow Inelr
No. on the Susan Heron farm: which came
in Wednesday morning at 65 barrels an
hour. stopped flowing the same evening, Dut
yesterday morning it started up again and,
according to the latest reports 1t was max
ing 25 barrels an hour. No. Bell OF Jen-
nings. Guffey & Co., is due in the NTH TINS
afternoon or tomorrow.
Greenlee & Forst's No Wade should get
the sand to-day. Their No. 2Gladden is
making Is barrels an hour, and last evening
they got a grip on the junk in their GLADDEN.
MOL
should Be Finished To-Day.
The Devonfan Oil Company's No. 5, on the
Morgan Elliott, was drilling few feet above
the fifth Yesterday, and may get in to-day.
Learn & Burson's well, on the postoffice
lot at Willow Grove, was expected to reach
tie top of the Gordon sand last evening.
Guckert & Learns well, on the Burchinal
property Just across the railroad from the
Willow Grove station, is due in the fifth
this week 1t was light well in the Gordon
sand.
Four new rigs are being built in the vicin-
itv of the Fife well which is making IA bar
relS an hour.
The Forest Oil Company's No. 1 Martha
Wright has been drilled deeper ana In
creased to $50 barrels day. They are drill
ing past the tools in their No. Eta Glenn
and have gCVten three strings out OF their
No. , r. W. Glenn. The Wood and OIL Com
pany's well on the corner lot is almost
down.
Hoffman & Co.'S No. on the Moore farmis
making 100 barrels a day.
and their No John Med. Glenn, are due In
the Gordon Monday.
MalaTkeN Il BeeDleS are starting well on
the poolroom lot Willow Grove.
CiufTey, Murphy & Galeys No. Cornell is
drilling in the Gordon sand, and their No.
Sturgeon is in the stray above that forma-
tion.
In the extreme northeastern part of Nc
CUrdy the Forest Oil Company has started
rig on the Dean farm, and the Philadelphia
COmpal Y is building on the Spear property.
Patterson & Jones No. McGarr was not
drilled into the SAND yesterday, and the )m-
preston seems to prevail that they are
working il for semi-mystery. 1t is show
ing for a good well. but as they have it well
protected there is no rush about getting it
drilled in immediately.
J. NJ. Guffey, W. S. Guffey, and E. H Jen-
nin-,s, have purchased the controlling in
terest in so acres of the Mrs. McMasters
farm lying Iust north of the Samuel Wet
more There is a well on the place which
was started by A. w. Campbell, Hairy It Co.,
that is down 800 feet The consideration
WAS on the basis of $4,000 for the whole 30
acres.
W p Rend's No Rend has a fishing job
on TOP OF the Gordon sand. lie has rig up
for No. ) Rend. His No. l j. d. Sauters is
down 800 feet, and his No. l Wade is 200 feet
deep.
Fitzgibbons & Co. have a fishing job at
their No. > Kennedy, back of oalldale.
The Oakdale Oil Companyis No. John
WetmCre, located couple of hundred feet
south OF Gutfey Queens No. II. ii. Wet
more, is showing very light in the fifth sand
Pipe Line Shipments. =
The runs from wells of the South west
PENNSYLVANIA Pipe Lines for January were
1859 224 barrels: other receipts, 1863 sedi-
ment l55, l69: regular deliveries, 2,495; other
deliveries. I.247,Sl4; gross stocks, 349l, ,764
Total Liabilities, 3,2666OL The National
Transit figures are: Runs from wells, I02S-
C4g: other receipts. l,044, ls7: sediment and
surplus LIS SIS: regular deliveries l. 425. .490
other deliveries, S7,SS9; gross stocks, II, 49,,
So. Total liabilities, lO,0l4,06S. The gross
stock of all the lines exclusive of the Buck
eye are Is 1891. 655 barrels, and the runs
from wells last month were 5s4- |
6.3 barrels. Total liabilities, IA 4U6,77l: |
regular deliveries, 1921, ,5S2; other deliveries,
J. 500 2SS. The decrease in deliveries and a |
decrease in runs has caused an increase in |
ratio of decline in the field continues there !
should be decline in the stocks by March /. |
Production and Runs
The hourly gauges yesterday were as fol- |
lows: Jennings, Guffey & Co.'S Nc. Mat
thews, 50: Heron No. :, %; Heron No. T. 45;
Heron No. g. 25; Gutfey & Queens
Nos. ! and Wetmore, 80; No. l Sam
uel Wetmore, 400; Devonian Oil Com
nany's Nos. ! and > Boyce, 80; Oakdale Oil
Companv's No. , Morgan heirs, 80: Nos. 2 and
3 Baldwin. go: Nos. / and Wallace. 45; pro-
GucuiOn. 81, 500; stock in the field. 6l,O00.
The runs OF the Southwest Pennsylvania
Pipe Line Company from Mcdonald Wednes
day were 30 690: outside of Mcdonald, 1l.625: |
National Transit runs were 40, ,953: Shipments |
- JS6. Buckeye runs. IS, ,53l: shipments, 81 972.
runs, !, a49. southern Pipe Line
Shipments II. .4S0. New York Transit Com
pany shipments, 81. 7S7 barrels Eureka runs,
l,1ls: shipments, 20lo.
Yesterdays Market Features
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