The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-07-09
TALK OF RAISING THE PRICE OF OIL
FROM A TO 40 CENTS A BARREL.
List of the Recent Holes Completed
in the State, with the Location,
Ownership and Product.
eciel 10 the Indiananolis Journal.

Special to the Indianapolis Journal.
MONTPELIER, Ind, July 8.-The time
has about come when the great Indiana
oil field should revive somewhat in new
operations. About the only thing that can
cause a revival in new operations IS an adj
vance in the price of the product above the
44-cent mark, as the oil men in general say
that they cannot produce oil at that price
and derive a living profit from it for their
investment. There is some talk of the In
diana Pipe Line and Refining Company and
the Manhattan Oil Company advancing the
price cents per barrel over the price paid
by the Buckeye Pipe Line Company
(Standard), and if such should be the case
the entire producing fraternity of the State
should stay by the two new concerns. The
most active spot in the State is around
Anderson, in the new field. The Allegheny
Oil Company is putting down a well on the
Beck farm near the producer, and the Ohio
Oil Company is at work on the Blake farm;
the Northern Oil Company on the Painter
farm; Long & Co., of Bluftton, on the
Glucose lots Boyd & Pierce, on the Broad
way lots Fort Orange Oil Company, on the
Davis farm; the Brooks Oil Company, on
the Harlem property Black & Harmon, on
the second we'll on the Bert Carver farm;
the Allegheny Oil Company. No. 3, on the
Peck farm and Black & McNair, on the
Zeller property. A great many derricks
will go up in the next few days as the
field is working gradually south toward
Anderson and Fran1ton. while south of
Anderson the Cudahy people, of Chicago,
are making preparations to thoroughly test
the ten thousand acres leased in that
neighborhood. Black & Harmon have COM
plet6d their third well in the new field
which is No. on the Bert Carver farm.
1t is rated good for one hundred barrels
at the start Off
The following are some of the lately
completed wells in the State and will be
of interest to the readers. The list shows
the owner of the wells, the number of we'll
and the output as near as can be learned:
Prod.
Farm and Well Owner Brls
w r. Perry-Devonian Oil Co.'S No. 2 gas
Camfield-Tail Oil Co.'S No. 1............ gas
Free-Free & Co No. 1................ gas
Observation-Disclosures, Boyce & Co.'S
Perpy-Devonian Oil COS No i:::..: gas gas
Peck-Lutz & Cos No. 1....:............ leo
3. Carver Black & Harmon's No. l.. 80
B. Carver-Black & Harmons No. g.. 100
Edwards-Black & Co.'S No. 1.;:...:... gas
Brush-Brush & Smiths No. 1.......... dry
Perry-Acme Oil Cos No. 3.::.......... dry
Mason-R. H. Neeley's No. H. H. dry
Stephens & Beard-Weeks Hudson's
No Observation-Disclosures. dry
Jones-Weeks HudsOn's No. 10.......... 10
Jones-Week Hudson's No. n:......... 10
Pace-Giles & Co.'S No. 6.....,.......... 10
Blocker-Liken & Henne's No. 4........ 20
Frel-United Oil and Gas Co.'S No. g.. %
Graves-S. w. Taits No. 9.............. %
McIntyre-Ely Oil Co.'S No. 1............ 5
Engle-Northern Indiana Oil Co.'S No. 5
Shadle-A; Ur5an,s No 9,....3.......... 10
stolder-JBryan Oil Co.'S No 7,....;;.... 20
Harris-Studebaker OIL Co.'S No. A.. dry
Whitacre-Daugherty Oil Co.'S No. l.. dry
Stultz-Harper, Vandall q Co.'S No. l.. dry
Dailry-Price Oil Co 5 No. 2............ dry
Neutrality-suspicious. Oil Co.'S No. 1........ 60
Porter-Bolds Oil Co.'S No. 9............ 10
Studebaker-McCormck Oil Co.'S No 20
acknowledgements oil Co.'S No. q. 80
Observation-Disclosures Oil Co.'S No. 2 5
Rupert-Northern Indiana Oil Co
Snyder-Northern Indiana Oil Co.'s
CO.'S No. .......................... 100
Cord-Sterlng Oil Co.'S No. 2............ %
Neutrality-suspicious. Oil Co No. 3d.. 20
artskopf-Phoenix Oil Co.'S No. g.. 20
Aukerman-Bettman & Co. S No. L.. 20
I.eslie-Ohio Oil Co.'S No. 1.............. 5
S. V. Griffith--Ohio Oil Co.'S No. 3d.. Is
G. Griffith-Ohio Oil Co.'S No. 2.......... Is
McIntyre-Ohio Oil Co.'S No. 7.......... Il
Creviston-Ohio Oil Co.'S No. 4.......... So
Korporal-Ohio Oil Co.'S No 2.......... 80
Barnes-Ohio Oil Co.'S No. 3............ 40
Connoll-Ohio Oil Co.'S No. 3............ 80