Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-07-09
OIL NEWS.

Sistersville, w. Va, July S.-A great
deal of excitment was caused in the city
about noon to-day over a'strike across
the river in the old Dog Skin district
tha. is of a great deal of Importance.
The Moundsville Oil Company has been
drilling on the Barkes farm over in that
section, and this morning their No. )
was drilled to the top of the sandand
commenced flowing at the rate OF about
Il barrels an hour. This well is located
along the road near the covered bridge
and was almost surrounded with dry
holes last season. 1t was not expected
that well OF any importance would be
gotten there. and the people drilling 1t
were not prepared for anything OF the
size this well has proven 10 be, and as
consequence the well has been smut
down until the necessary connections
can be made. 1t will probably be drilled
deeper in a couple OF days and II Is eX-
Decled to make good well. II THIS
well holds up at all it will be the meals
of quite a bit of work being done IN that
section in the near future. While II Is
a fact that nearly every piece OF ground
over there has been drilled yet there
may be small outlet and good pool
may be discovered.
The Carter Oil Company rugged up
their No s on the Tuel farm, over the
river, yesterday, and commenced spud-
ding to-day.
The we'll being drilled by Ramey &
Co., on the Tuel farm, at Newport, is on
TOD of the sand and looks very much as
though it would be dry hole.
In this column yesterday there appear
ed an item TO the effect that the well
being drilled on the Chisler lot, out at
Meadville, by NJ c. Hagan and others,
was in the bottom of the lime. and thai
it would be due in the sand this morning
and at noon was reported to be making
about 40 barrels an hour. This we'll is
in practically a new extension of the
Wick territory, and is a very important
one. There was considerable interest
noticed among the oil men when the re-
port concerning this well was received
and there will probably be a good bit
OF work done out there shortly.
Sistersville, w. Va, July S.-The
Oxford Oh Company have located we'll
on the Jerry Pierpont farm, about a mile
and half west of Middle6ourne, on
Rocky Fork, near Archer Chapel and
will commence work in a few days build
ing the rig.
The well being drilled by the Carter
Oil Company. on the Loneherger farm,
out in the Sansho district, is on top of
the sand and is showing UP for good
producer. II will likely be completed
some time to-day.
The we'll being drilled on the Villers
lo- at Wick by Jno. A. George and others
is IN the line and will be drilled in in
a couple of days Ii should reach the
sand not later than Saturday.
/ The coming in of the Kanawha's we'll
on the Adams farm yesterday dry, has
given the territory out in the Wick sec
ton a very bad aspect. 1t was the cause
OF shutting down several wells and some
people are Of the opinion that it has de-
fined the limits OF the territory TO the
west.
On MOuVdN lue al 6uiHShNo III lAAV IL
junction suit of Rockwell VS.. Thomas
and the Oxford OIL Company will be
heard before Judge Jacobs g, New Mar
tinsville. The suit is for the recovery
of some oil which is now in the pipe
lines. and involves an amount approx
mating about $4,000.
OIL CITY. PA, july S.-Credit balances,
N.15; certificates. opened at $1.14; highest,
$l.17: lowest, $4; closed at N14. Sales,
1859 barr Is; shipments, 1Cl52f barrels;
runs. 1OS.31S barrels.
NEW YORK, July S.-Petroleum, steady;
Pennsylvania crude. S1.16; Ohio crude,
steady at 6Qc.