The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-28

the state has been the llvellest OF any FOR
several months from the fact that sew
eral of the fields showed up with wells
that were of more than ordinary I'M
portance and value, To start the week
off the Elk Fork territory presented two
gushers, and both of them belonged to
Treat & Crawford and were on the Asher
and Farrell farms. These two wells both
came In good for about 30 barrels an
hour, the usual gait OF production for
the wells In that section and have been
holding up very nicely although they are
not producing that amount of oil at this
time. These wells are reported to-day as
making In the neighborhood OF 20 barrels
an hour. They are both within the de-
fined limits of the old territory and are
not OF great deal Of importance TO any
one but their owners. outside of the fact
that they will Increase the production Of
the Elk Fork field few hundred barrels
a day and give the Standard a reason for
pairing down the price OF credit balances
again, although they are now at point
where II Is impossible to do business at a
profit in a pool that does not produce
gushers the size OF the Elk Fork terri
tory.
As has been stated In these columns
before, the work in all parts OF this state
has been seriously affected by the low
price Of oil and every day the effects OF
the decline In the market Is felt in great
many ways In this city, where year
ago there was hardly man TO be found
idle. there are now hundreds OF them and
where there was all kinds OF money, and
O great many cared less for dollar than
they do for n nickel now, there is very
little money and those who have any are
holding on to 1t with tight grip and will
not let loose until they can assure them
selves there Is way for more to come
into their hands. Almost every day
some Of the oil companies are shutting
down some of their work and curtalling
expenses as much as possible for no
other reason than that the price Of oil is
so low.
1t is not alone In the Slstersvlle field
but In all the other fields of the state that
this Is the case. Especially Is It so in
those fields where only small wells are
the result 1t does not pay to drill In
territory where less than 100 barrels
wells are found when oil Is below q dollar
a barrel and the producers have found
this out by experience several years ago
and will not attempt to take the bull by
the horns as they once did In the dim
and distant past. One Of the places most
affected Is the interior of Tyler county
and at Hebron, in Peasants county AT
this time there Is not well drilling In
the Hebron territory and only one or two
in the deep territory in the back part OF
Tyler. Down In Wood county q great
many strings OF tools are lying idle for
the same reason and on the Ohio side the
same state of affairs exists. There Is not
the least demand for wild cat territory
and none OF the producers are trying to
open up anything new. In fact where
they have territory they will only drill
sufficient wells to protect their interests
along the lines.
A supposed new pool that IL attracting
considerable attention Is that recently
opened up on Wilson run, In Washington
county, Ohio, about six miles from Sis
tersville. There is some controversy In
regard to the formation In which the pay
IS gotten In this territory, some of the
drlllers claiming 1t is what Is known as
the Maxson sand and others that 1t is a
y
name. At any rate the wells drilled In
there a couple OF years ago have been
producing oil ever since at the rate OF
several barrels a day and It Is believed
that pool will be opened up.
During the past week there has been
considerable speculation among the oil
men in regard to the width of the Elk
Fork pool. The coming in Of the Henry
& McDonald's No. s. on the Pipes farm.
good for only couple OF hundred bar
rels day and several other wells which
have been small producers on both sides
of the streak In which the large wells
have been drilled. leads n great many OF
the more practical oil men to look ask
ance at anything on the edge. and they
will only consider stuff that Is In the d.
rect path in which the pool Is supposed
70 run, northeast and southwest. 1t looks
as though the Elk Fork pool Is not over
1900 to 200 feet wide, at least the gusher
streak Is not more than that wide. A
prominent oil operator who has consider
able stuff In the Elk Fork pool territory
would eventually pan out as much az the
DeiSt, Dog Skin, Benwood and the In
dian Creek territory did and that there
would be great deal more money put In
the ground than would ever be taken
out
About the only place in the state In
which there Is any w!ld-catting being
done Is In the extension OF the Elk Fork
pool. Northeast OF the old developments
Hullngs 4 Co. will be due In the sand In
couple OF days, with a very important
test well, on the r. G. Hawkins farm.
The well being drilled on tho Travis to
the extreme northeast Of the old devel.
opments Will be due In the sand the early
part OF the week. This IL one of the
most Important wild cat wells being
drilled In the state at present. as II will
open up at least a mile and n half Of new
territory II II should come In good. II Is
IN direct line from the old development
ana the streak seems To be running in
that direction. The well drilling on the
Hill iarm to the south Of the Pipes farm
should a $50 be due the coming week. and
- very Important, In Il will Tn meas.
ure SHOW Just how wide the streak 10 to
the west. This well Ia located fully /. 500
rect west OF the Williams well and about
inc same distance southwest Of Pipes No.
]; Inc last casing will be put In this well
tne nrst OF the week and II should be In
not later than Thursday or Friday.
Following In some OF the work being
done IN the Elk Fork territory Mt pres.
ent: Treat & Crawford nre fishing ut
i,s1b teet at their No. 1, on the j. r. A.
Hawkins; the Paova OIL Company II
drllling at 100 feet on tho John ulmer
farm' This well Is an important tegt for
a northern extension Of the pool; the
eastern OIL Company has n riE up on tho
+, D. Glenn farm, TO the northeast and
VIII commence drilling In few days;
the AtlaB OIL Compnny's we'll. on tho
Simon Pipes farm, west Of the snldcr, In
IN me san1 ana Alled HB With salt water
ana on. II wiz make very small well.
the haywood OIL Company Is drilling at
i'loV req NJ their No. futile, which In
located east Of their No. 1. which wna n
NnIM nIna LII In.lI. H.. LLL-- ~ u