Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-01-21
OIL NEWS.
Snecial 10 the Register.

Special to the Register.
Sistersville, w. Va, January 20.-The
South Penn Oil Company will have a
we'll due this evening or tomorrow
morning, on the McTaggart farm, south
OF the Big jim, in the Eureka territory.
The Venture Oil COmpany's No /, on
the Runcllman farm, in the same terri
tory, is due and viii probably reach
the sand or whatever they get IN that
section.
Crawford & Treats No. 8, on the Stew
art farm, is an important well due this
week and will probably be in about
Saturday.
Benney Forst and others have well
due in the Kester down al Eureka, TO-
day or tomorrow.
A report from the Calebaugh No 5,
this morning, was to the effect that it
was sill holding up at Is barrels an
hour.
Matson, Sullinger & Co. will COM
mence work in a few days on their web
on the Pursly Hill, in the interior Of
the county.
The receipts Of the Eureka pipe line
at the Thistle Station. for the "a hours
ending this morning at Z o'clock, were
5,346 barrels
The price Of oil continued to go down
the line to-day and at noon went to
$lt3, two cents lower than il opened.
The market closed at S1.43.
ID. w. Moses, well known rig con-
tractor, owned leases on 400 acres Of
land near the Kyle well. To-day it was
told on the streets that the DOyonian
Oil Company has made him an offer Of
one hundred thousand dollars for his
leases. The report, while a rumOr, is
generally supposed TO be true.
Dr. Slathers, the dentist, has quar-
ter interest in coo acres near the Bull
man well near Wick that is worth TO-
day a big pile CT cash. While these
developments have been added to the
Sistersyille oil fields, others are going
on after the precious fluid in an east
erly direction.
Wilson & Harper Oil Company have
taken up a large block Of leases on Elk
Fork and Ten Mile creeks, east OF town
from 10 10 10 miles md north of the
Kyle well some or miles, and will
commence we'll in a few days. The
well is located and Will be drilled on
the Homer L. BOwser farm. This we'll
is being drilled on the theory that
somewhere between this field and the
We;Zel county and Warrington fields
there is a connecting link, or rs some
oil producers say, between this field and
the others there viii be found a mar
row, or sucker rod" belt running from
the one field to the other, wide at some
points and very narrow at others The
company will, it is understood, give
this territory q thorough test before
they abandon it.
Gorham Roe & Co.'S we'll on the Ed
Hammett farm came in dry. but will go
on TO the lower sand. This well is 10
Gated TO The northwest Of the Big jim
near the dry hole drilled by the Han
nan Bros on the same farm, during the
frs Eureka excitement.
A few days ago an article was pub
lishcd to the effect that the Carter Oil
Company and some individual opera
tors We're going to test the Berea Grit
in this field, and the possibilities of the
future were pointed out. Now the word
comes that the Gordon sand Will also
be tested.
The Henry Oil Company, which is
operating on the Stewart farm, across
the river, is making preparations TO
put down four wells to the Gordon
sand within a very short time. The
wells 10 be drilled are all old ones which
have fallen OFF in production. One Of
the wells is located on the Stewart
farm, one on the Hoffman farm. and
the other Two on other farms which
they have under lease.
Special to the Register
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