The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-06-30
OIL WELL DEVELOPMENTS
PROSPECTS IN NEW FIELD OCCUPY
ATTENTION OF OPERATORS.
List OF the Madison County Holes
Production of Months of May
and June Compared.
speclal 10 the Inaianapolis journal.

Special to the Indianapolis Journal.
MONTPELIER, Ind, June 29.-The Indi-
ana oil field promises to be the drawing
card this season for oil men from all parts
of the country. There is vast scope of
territory in the gas belt which is figured
on by all familiar with Western fields as
destined to eventually come in" as oil ter
ritory. Slowly but surely the pressure is
declining in the gas belt and oil is COM
mencing to appear in various points in old
wells, whose days of supply of the heat
fluid are about over. Not much notice was
taken of these oil showings until the strike
at Alexandria last April, and since then op-
orators have been scrutinizing the gas belt
pretty closely and making note of all indi-
cations which could warrant leasing or op-
Grafton. At present Chicago people are
leasing land in the vicinity of Fortville
and are reported to be about to test it for
oil. Perhaps the most promising oil show
ing outside of the territory around Alexan-
dria is southwest of there in Hamilton
county we'll in Section g Fall Creek
township, drilled several years ago for gas
which it has yielded since has attracted
some attention. Last fall it began to pro-
duce little oil and has increased slowly
until it is now good for twenty-five or
thirty barrels per day when properly han
died. The oil has been allowed to go to
waste until recently, when a two-hundred-
and-fifty- barral tank was erected and
filled and the owners are saving the pro-
duction a considerable amount having been
hauled to Indianapolis in barrels 1t is very
probable that this will lead to further test
ing of the territory Whereabouts, the result
of which may be a surprise to those who
n Poi IN, I'D
ducing State.
The main point of attraction still hangs
on at Alexandria, where the trade still con
siders there is a field of no mean magnitude
and they intend to find it out before leav-
ing it for good. The field so far proves that
there is oil in large quantities and all there
is to do is to send the drill after it. The
following are the producing wells so far
found in the new pool, with the names of
the owners, the farm on which they are To-
Gated and the daily output:
p, Farm Owner. Brls.
Bert Carver-Black, Harmon 6. Co.. s.
Jordan-Black Harmon & Co............. 10
A f. Edwards~Biack & Beatty. dry
5. NJ. Peck-Lutz az Co................. 65
w. K. Perry-Devonian Oil Co............d dry
A. Fl: Garrison-De Pauw Glass co... 20
Iomlinson-Boyce q Co...................d dry
Wash Buck-Spellacy & ,Gry
l. N. Caryer-Lima Northern Oil Co.. q
d. Bowers-Ohio Oil Co............... 8
Operations in the Indiana oil field for the
month OF June shows that there were sew
enty-seven wells completed, against sew
enty-two in May. The new production Of
the wells IS 1,525 barrels day This is an
increase in completed wells of five, and in
crease in dry holes of eight, and decrease
in the production of 455 barrels which was
occasioned by the fact that no large-sized
producers were completed during the
month. The daily average per we'll per day
is nearly eight barrels less than it was in
May. The following table gives the figures
as they are for the month of June as well
as for May, and are very interesting read
ing: