The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-09
WEEKLY OIL REVIEW.

Those who keep a close look out for new
field developments had little to claim
their attention during the past week for
the reason that no new discoveries OF I'M
portance were made in either the local or
lower southwest fields. In some of the
lower West Virginia counties there is
still a considerable quantity OF expert
mental work doing, but the results so far
completed have not brought forward any
new pools nor added anything to the
older developments,
Elk Fork continues TO lead In activity
and new production. The new southwest
extension has completed eight wells
since the first well on the ]. X. Hin farm,
opened up the way 10 some prolific pro-
ducIng territory. That part OF the pool
is producing close to 1000 barrels day
and through its influence the aggregate
production of the pool has gone up from
5000 to $500 barrels a day. The Pavoa
OH Company drilled In Its No, 3. on the j,
X Hill farm, and secured u good pro-
ducer that advanced the producing line
some distance to the west end and would
seem to show that more good wells can
be had in that direcvtion from pervious
developments. There does not seem IL
be much hope for an extension In any
other direction from the old develop
ments. Brenneman & Co. drilled in their
test to the northeast on the Catherine
Fulmer farm, through the Keener and
deep into the Big Injun formation and
found both barren. The well on the Cor
rell farm when first drilled in started at
100 barrels a day, and made the north
look promising for liberal extension in
that direction, but II declined In q few
days to u 80 barrel producer and has
proved rather q disappointment,
To the southeast the South Penn Oil
Company after a record OF two busters
and a light producer on the Foreman
Strauss tract drilled ln'its No. and got
a 30 barrel producer.
Next In Importance is the deep sand
territory and the record OF operations in
the Gordon sand during the week past
shows eight or ten completed wells with
a variety of results in Tyler county,
ranging from busters TO 100 barrel pro-
ducers, not better than 80 barrels day
would be fair estimate for the average
North of Warrington In Marion coun-
~, operators are having better success,
the South Penn drilled in It's test In the
Moore heirs farm, on Campbells run, and
made one of the best strikes that has
been placed to the credit of the Gordon
sand territory, the well produced 1900
barrels the first twenty-focr hours after
1t was drilled into the pay, The close Of
the week found 1t holding UP to 1000 bar
rels day,
The Burt OIL Company's No, l, on the
Yost lot, also deep sander. started at
better than 800 barrels day.
Two busters near Cameron was the
best that Monroe county could do during
the week, both were wildcats and will
help along cessation of validating in
that territory. on the whole the efforts
to open new pool in that territory have
not been remunerative to the investors
North and east of the Benwood pool
there remains some territory that has
not been fully developed, but the holders
have wisely concluded to wait till there
Is demand for increased production and
subsequent appreciation in values.
Wood and Richie counties continue
active, but neither has added anything
to their producing area.
The sale of large portion OF the De-
vonian, Matson and Emery Oil Com
pany's producing property, In Mexican
county, to the Midland division OF the
South Penn OIL Company for sl,4OO,0O0
was an incident of the week that was
generally discussed In 1t being the largest
transaction of the kind that had ever
taken place in the history Of the trade.