Marietta daily leader. (Marietta, Ohio) 1895-1906, 1896-06-26

the credit balance market To-Day from
ST. 20 to 81. is came in the nature of q
surprise TO many producers. The feel
ing seemed to be that it would go the
other way and a good many producers
have been holding their credit balances
for an advance.
THE PARKER WELL.
The most talked of well today was
the Bigelow, Adams e Co. gusher, on
the Rose berry farm, west of Parker, in
Butler county The fact that the well
started to flow at the rate of 20 barrels
an hour when the rods were pulled
Monday morning, and its keeping up
through the day, was a great surprise
and increased the excitement in that
locality. Some of those who failed to
get in early are paying big money for
anything that is to be had. One oper.
ator paid $500 for quarter interest in
a ten acre lot, located within 1000 feet
of the Rosen berry farm well. There are
seven rigs building in the vicinity of
the gusher, two of them on the Rosen-
berry, one on the ODonnell, one on the
Risch, one on the Pierce and one on
the Grant farm. Other locations have
and the wells started at once Those
familiar with the field say there is
room for quite good sized pool IN that
locality.
In the Buttercup district, in Butler
county, Walker & Company's new we'll
on the Cupps farm is in the hundred
foot, and flowing at the rate of 8 bar
rels an hour.
At Red Bank station, on the Allie
gheny Valley railroad. test we'll has
been drilled into the sand and is pro-
nounced duster. 1t will probably be
drilled to the lower sands.
At Glenfeld, the Forest OIL companys
No. 8, Rippey, IS making 50 bar lrels
day, and Nos 4 and 5 will be due this
week. The same company's No. /,
Brady, at Mt. Nebo, is drilling in the
top of the sand. No. 5, Fulton, in the
Gold field, is due in the sand.
DRILLING FOURTH SANDERS
The United States Oil company and
Forst have made location on the Nc
Dowell farm, at Coffey Station, Wash
ington county. This location is 500
feet east and south of the we'll drilled
in on the same farm by Washington
parties last Sunday, and IS now psoduc-
ing 30 barrels a day.
This new fourth sand development,
or rather new extension, is becoming
operation. The wells are not large
but are very good stayers,
The Leonard & Company we'll on the
Lee farm, at Woodville, is something
OF an enigma. 1t has 1,500 feet of fluid
in the hole, but it has not gas enough
to make it flow.
At Murdocksville, p. Nj. Smith &
Company are in the sand on the Achel-
son farm and the Forest Oil company
is down 1850 feet on the John Wilson
farm with its No. 4. Dunlap, No. 3, is
drilling at 1, $50 feet. The same COM
pany shot it's No. 3, A. Coventry, and
increi sed it's production from to so
barrels day.
The Kanawha Oil company is drill
ing at 80 feet in the sand at its No. 6,
Anthony Smith, and has no show; it
may find the pay when drilled deeper
The gushers are holding up well in
the Bullman pool The Devonian Oil
company's No 4, Staley, and No. 9,
pullman, are producing 40 and 80 bar
rels an hour, respectively.
The Kanawha Oil company's No. 3,
Griffin, is holding up at As barrels an
hour.
The South Penn Oil company has
drilled in Big Injun gasser on the
Wells farm, ON Buck Run, located east
of developments.
The Hartman Oil company is drilling
on the Richards farm, on the west side
of the belt
The Rock Oil company has drilled in
its test on the Brooks farm, located on
pany well, on the Dye farm, across
from Raven Rock, on Sheets Run,
Washington county, and has duster.
This is very black eye for that field,
and holders of territory will probably
go little slow in starting new work.
The Brooks farm venture should have
made some sort of well. There is
enough work under way in all direc-
tions from the Dye producer TO show
in short tipe whether it is freak as
some have classed it,
Four miles northwest of Sistersville,
on the Ohio side, the Carter Oil COM
panY and Clint Moore have drilled in
3 or 10 barrel we'll on the John Smith
farm. Drill.
The market was down tosll5 Thurs
day, Corning si05.