The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1894-12-21
BIC SANDY ON.
5oo-Barrel Well Reported
From Pike County.

4
From Pike County.
The daily papers a few days ago
contained lengthy account Of a
big oil strike in Pike county. The
dispatches are from Ashland, how
ever, and the facts are apt to he
considerably oyerdrawn, judging
from the PROFESSIONALLY sent out
by the correspondent at that place.
There is much reason to hope
that the report is to an important
extent true, however. The indlca-
lions have all along pointed to
success, but 1t is difficult TO ascer-
tain just what measure OF success
has been attained, owing to the Sc
crecy imposed by the managers.
For year past the New Domain
Oil and Gas Company, controlled
by the South Penn Oil Company,
a branch Of the giant Standard, has
been putting down test wells at
different points. They hold fully
100000 acres Of oil territory leased
in the counties OF Pike and Floyd,
and they have put down on this
large tract eight wells, OF which
five are paying ventures. The first
test was made in Floyd county, on
Beaver creek, and along that stream
they have four wells that are esti-
mated to have an output Of 400
barrels day. All OF these wells
are plugged and constantly guard
ed. Two wells have been put down
two miles below Plkeville. One Of
these was abandoned at the depth
Of LOO feet because OF the tools
sticking, but the other was pushed
10 completion, with the result that
a few days ago at the depth OF $500
feet tremendous flow Of oil was
struck. The fluid covered the der
rick, and rushing cut flowed like
water down Cedar Creek distance
Of three-quarters Of a mile before
controlled. The lowest estimate
places the product OF this well at
800 barrels per dayn The trend
OF the belt, which Is OF indefinite
length, Is from southwest to north
east, and this strike clear
ly gives It a width OF eighteen
miles. In Floyd county the oil is
found at the depth OF 900 feet, while
in Pike county the depth is
doubled, as is the product.
Across the river on the Caney
fork Of Johns creek, Greenlee &
Forst, Pittsburg operators, who
have boon successful ia the Nc
Donald field, the Warrington, w.
Va, field, and Che Montpelier, Ind :,
field, arc putting down a well that
has 80 far possessed all the peculi-
aritles Of the well on Cedar creek.
At the depth OF 1900 feet they are
delayed by lack Of casing, lot Of
which Is now en- route, aud will
reach them Ia time to allow the
completion Of the we'll by the first
Of the year at farthest. This we'll
lies northeast OF Plkeville a dist
ancc OF seven miles, and is at least
ten miles from the Ccdar.creek
well, but directly in the trend. In
that section the company holds
leases on 10000 acres or more of
the choicest territory. They are
very confident.
Again, across in Floyd, on the
Salt Lick fork OF Beaver, on land
adjoining the New Domain wells
and leases. Guffey & Queen are
putting down new well. This
was also delayed from an oxhaus-
ton OF rope, their cable giving out
at the depth Of 800 feet. During
the past few days, through, an ad-
ditlonal supply was received, and
they ought now to be nearing the
pointof striking. This company
holds about $500 acres OF valuable
lands.
The oil is light, and is not lu-
brlcant In its crude state 1t burns
readily, and the cost of refining is
estimated remarkably low.
rhe oil excitement may reach
Lawrence county again, as there is
no doubt that there is oil in this
territory. The fine lubricating oil
found here few years ago is worth
/ IooL inn for