The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-09-17
AN OIL TERRITORY LINE
SHOWS THE WAY THE FIELD
TRENDS FROM BROAD RIPPLE.
An Extensive Boom Now On in the
State-What Is Being Done Near
Montpe1ier.

Great things are now expected of the In
diana oil field Since the completion of the
| test we'll on the Hessong farm, near Broad
| Ripple the oil men of the field near Mont
pelier have been hustling for leases. BY
| running a forty-five degree line northeast
from the Hessong farm to the Montpelier
! field it shows that the oil field would evil
| IDENTIFY pass through Hamilton. Madison
and Delaware counties and probably
through the northwest corner of Hancock
county. This line will now be figured on
by the oil public as it is a line that is con-
sidered law in all the fields of this CONT
nent. The Hessong well, it is believed is
only one of many that will be found in
that vicinity, as the territory is gradually
coming into an important oil field, with the
diminishing of the gas pressure. The gas
pressure is holding out better than it has
in the Ohio field and in, Ohio the gas ter
ritory is proving the best oil producing
land in the State The same thing will oc-
cur in this State, as it is the history of
Pennsylvania and West Virginia, as well as
all other gas fields. The indications are that
an extensive oil boom is on in the State.
and that the field will show more work
within the next sixty days than it has
since oil was first found in this field
In the Eastern fields the territory that
looks anyways faFOraDIe IS tHOT-
oughly drilled up and there is nothing in
sight for investment unless an oil man
buys production and the majority OF them
are not satisfied unless they are drilling
somewhere and that is just what will cause
the pushing of the drill in this State. They
are looking this way. The Indiana OIL Oil, hela
length. Oil has been found near Knights
town, Henry county, and nearly directly
east from the Broad Ripple well. Oil has
been found at Cicero, Hamilton county, di
rectly north from the Hessong well. which
tensive. Oil will be found on both the east
and west sides of the famous gas belt,
while the. gas territory al some future time
will develop into an oil field ;. ,o,o,a
will try to stop the progress of the drill
to some extent in the new field by pur-
chasing leases of the parties who are leas-
ing for the purpose of selling them and
making a few dollars. This is done in all
the fields and the big concern is usually
the one that has the property in the wind
up, and they pay rentals and hold it for
years to come.
Some fair wells have been completed in
the Montpelier end of the field in the last
few days. BARLEY & Whaley's Well, No. |.
on the Brittenham farm. in Section 49, Not
tingham township Wells county, is good
for ninety barrels. The Arlington Oil Com
pany's we'll No. 49, on the E. Sarber farm
in Section 81, same township. is good for
sixty barrels. j. M. Anderson has COM
pleted well No. 2, on the G. B. Schott
farm, in Section 10, same township. and
viii produce forty-five barrels. The Ohio
Oil Company has completed dry hole on
the W. Rhea farm, i'll Section IL, same
township Spellacy, Kerr & Lineman's
we'll, No. II, on the E. S. Turner farm in
Section II, same township, is scheduled at
fifteen barrels. The Akron Oil Company's
well, No. 2 on the j. n. Neff farm, in Sec
ton g. Chester township, same county, has
a forty-barrel output. The Ohio Oil Com
pany's well, No. /. on the Fuller farm in
Section s, same township. produces thirty
barrels. The Slater OilIaud Gas Company's
well, the Oscar Byal farm in Section
g. Jackson township, same county, forty
barrels. s. w. TAFT g. Co.'S we'll, No. 2,
on the John Banter farm. in Section %,
same township, thirty barrels. The Indian
apolis Oil Company's well. No. s. on the
j. G. Vernon farm, in Section ), Washing
ton township Blackford county, twenty
five barrels. Bettman & Co we'll No. l.
on the W. Schmidt farm. In. Section 3, same
township, twenty Barrels. while No. 2, on
the same farm. is good for fifteen barrels.
The Northern Indiana Oil Company's well,
No. 4. on the It. BrOadstock farm, in Sec
ton q. Hartford township. Adams county,
twenty barrels same company's well. No.
!. on the c. Glendenning farm, in Section
26 same township, thirty barrels. The
Berne Oil Company's well, No. 2. on the
C.. G.. Egley farm. in Section "A. same town
sip, forty-five barrels. Griffin, Liken &
Henne have completed well No. 3. on the l.
Michael farm. in Section p. same town
ship. and it is good for thirty barrels
Bolds Bros. have a sixty-barrel well on
their farm, in Section IS same township.
Green Bros. struck dry hole the Snow
farm, in Section 90 Walsh township. same
county.