Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-11-25
OIL NEWS.
sneclal to the Reelster.

oucclaI 10 the Register.
Sistersville, w. Va, November "a
AT last the ill-fortuned Stalder we'll is
in and dry. This we'll was drilled by
O. B. Ramey & Co.. and was watched
with keener interest than any other
we'll drilling out Of development. 1t
is situated three-fOurths of mile
northeast of developments, and as
shown by the map in Sundays Regis
ter, little southwest of the gusher on
the Mcfarland farm. This well has
cost its owners lots of money on ac-
count of the bad luck which happened
while drilling. At first they struck a
large vein of salt water and had to put
in smaller casing and use smaller drill
ing tools. Several accidents happened
i'm the way of breaking some of the
apparatus, and in this way an addi-
tional expense was incurred. 1t is not
thought that this we'll coming in dry
at the depth of twenty feet in the sand
viii stop developments in the immedi-
ate vicinity.
The Fisher Oil Company drilled in
their w r. Wood no. yesterday af-
tern0on, and have a 200 barrel well. 1t
is situated in the heart of producing
territory, and is of no especial interest
except that it increases the output OF
the pool to that extent This company
having leases on nearly all the terri
tory over there have made something
like two dozen new locations tendinS
towards the late strike of the Liberty
Oil Company, on the Mcfarland lease,
and several towards the Stalder farm,
i'm hopes of defining the producing
farms. Several rigs are now under
construction. and the drill will he
started as soon as they are completed
Iu our report of the Mcfarland well,
I'm Sundays edition, we uninlention-
ally erred in stating the ownership OF
this well. Messrs. Treat & Crawford,
Henderson d Boyd Bros. ct al, are the
persons interested in this farm, and do
business under the firm name OF the
Liberty Oil Co. Not so much OF an
error after ALL but clear statement IS
always desirable. This company has
made several new locations on their
leased land and VIII commence the
erection Of the rigs at once.
Their No. / we'll is estimated good
FOR daily production of about soc bar
rels. and until they get connections
h flL lit IiLi' lit-N Ni-- '.-Ht'NN ia
cannot be stated.
The price of oil dropped two cents
to-day. and during the last twenty-tour
hours Grop Cf five cents was made.
This drOD In the price OF the crude ma
terial Will not have marked effect
uDon development, but the operators
VIII not get up and hustle as had the
price remained stationary or gone UP.
The Sprague Oil Co., operating on
the NIayfeld farm, in this county, are
casing their last venture on that tarih. |
The Odell Oil Co. is erecting a rig on.
their lease in the Cairo field.
A. Rruner & Co. are doing consider
able work i'm Marshall county at the /
rresent time. and entertain hopes OF !
being repaid handsomely.
Special to the Reeisaer
rrTENBORO. w. Va. November "a
THE big gas we'll ON the Hardness land (
am R1i,ev.s run. has been drilled through |
tbs rfr Iriuu sand and is dry. This well /
is located one and one-half miles north /
of cairo and is q great disappointment' |
gas il was thought it would Doe producer. |
n is reported that Mr. George II. Mes
bft win drill another well at HarrisViie /
I'm the near future.
THE Wilson well. on the c.. X. d V. rail- |
road depot lot at Cairo. is still drilling |
and puts about two inches of oil i'm the |
tank daily. with prospects of an increase
This wel was reported dry.
large block of land has been leased on |
Bonds creek. near highland. and an |
other we'll is promised at once. Davis & |
SCOTT of Wheeling. formerly held all this !
land and drilled a test well last spring.
Special to- the Register.
MARIETTA. O.. November 2i-Captain |
John * Booth, proprietor of the wharf
b3at I'm this city. formerly master of the /
Steamer Liberty, holds ann interest IN the |
be crawford d Treat wen i'm the Ben
wood field and is receiving the congrat- !
,,l..r.ous of his friends. Should the Wei /
hold uu to- the present splendid proper
tiors Captain Booths interest will no |
5o,ihr be the source of another new Ohio !
river steamer.
twenty barrel producer was drilled III |
saturday ON the j. VI. Hardy farm at
Lower Salem. this county.
Or.rations at Corning show renewed ac-
tivitv. II. B. Ranger is starting a well on !
the Potter farm. and Barnsdah x Ranger
viii commence operations at once on their
Roberts lease i'm that field.
A number of test wells in wild cat loca-
tions i'm the west end of this conuty are
being drilled and the result is being
awaited with interest. Many shrowd OPP
orators are lying low for surprises in this
direction.
oil City. Pa, November 24.-Credit
balances S1.10. Certificates closed Of
fered III S1.C9. Shipments, 1852 bar
rels: runs. 109223 barrels.
New York. November 24.-Petro-
1eum. Pennsylvania crude weak; De-
camber S1.10 bid.