Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1898-10-23


AND GENERAL OIL NEWS.
/ The outlook in the oil fields for the
coming week is excellent. y There is
every Indication that the price OF credit
| balances will advance, in which event
there will be lot Of new work started.
During the past week the principal
thing of interest was the advance in
the price of credit balances. On Mon
day they advanced three cents, and on
Friday there was another advance of
like amount.
There is very little work being done
in the fields, considering the price OF
oil, While a great many OF the opera
tors are making arrangements to drill.
The material for lot Of new wells is
going into the country. The reason is
that the operators have learned by eX-
perience with the roads that it is better
to take it out now than later in the
season. They are in good shape at
present.
There was considerable excitement
caused by the report that Barnsdail
had drilled in well over on Jackson
ridge, in Monroe county, Ohio, near the
town OF Woodsfeld. said to be good
,, for 1000 barrels day, but there was
nothing in the report. Up TO last even
ing the well had not been drilled into
| the sand. 1t was On top of the sand,
with showing of oil and gas, and wait
ing until BarnsdalPs arrival. The well
will probably make producer The
territory in the vicinity OF Jackson
ridge is coming to the front in nice
shape, and it is likely a nice pool will
u r,o1I lx1IT
been small, but good stayers.
The northeast extension of Elk Fork
came to the front with one big gas well
and one good oil well. The farm be-
longs to the Sun Oil Company, located
on Wednesday, and while it had a small
showing of oil it viii not make a pro-
Queer
Treat and Crawford's No. 1, on the
Wetzel farm, was drilled in Friday,
and will make the best Sroducing well
that has yet been drilled in in the
northeast extension Of the field. It is
reliably reported, to be good for not
/ less than 125 to $50 barrels day.
The drilling wells in the Elk Fork
field and vicinity are having a hard
time at present The South Penn has
three fishing jobs on the Cunningham
farm. The Eastern has a couple of
fishing jobs on the Gorrell, and the
Nolan and Phillips we'll has just got
rid of a fishing job on the Bowser.
The northwest extension Of the Elk
Run pool, in Washington county, Ohio,
received a black eye in the early part
of the week, and later a good Gel was
drilled in. Harvey, No. l. Keller,
Kohl & Co., was dry. It is located
little south Of the Little Muskingum Oil
Co.'S well, on the Martha Thomas farm
The Carter Oil Company drilled in their
No. I, on the Cox farm, about a mile
in advance to the north of the wells on
the Thomas farm, and will have a pro-
Queer good for twenty-five barrels.
The original Elk Run territory is
quiet All holders Of territory there
have laid off, except the Carter Oil Com
pany. The Carter people have well
ready to start on the Moore farm, and
one on the Musser Cummings & Co.
have the rig up for their No. 4, on the
Smith, but it has not yet been started
Shay & McMullen are drilling one we'll
on the Bohlen lease, and will start one
nm the Schmeltzenbach farm in few
days
Down in Peasants county, in the
shallow territory, there is lot OF work
being done. and some good wells are
the result. They are not large, but are
good stayers. and it does not cost
great deal to drill and operate them.
Special to the Register.
Parkersburg, w. Va, October pa
well that has been watched closely by
the fraternity is the Bangor & Co. well
on Vienna Island, because Of it's dis
lance from development. The first
Cow Run sand was reached last even
ing at $40 feet, with but two feet of
very poor sand with no show of oil or
gas. The we'll is being drilled to the
second Cow Run sand with the hope Of
getting results.
John B. Pattin got good shallow
well yesterday on the Aliddleswart
farm. about a mile above the Waverly
ferry, on the Ohio side. 1t will make
from 10 to Is barrels.
Special to the Register.
St. Marys, W. Va, October 22-Col.
| Thompson we'll on the Isaac Bills
lease is good for from rs to so barrels
a day.
The Bills, Slemaker G Learn No. 2
on the Aaron Bills came in dry.
Mallory Bros. had a fishing job in
their J. S. Smith well, but expected to
get their tools out yesterday.
In Zaniser's well On the 7. ]. Taylor,
| they struck the sand ON Wednesday
and it seemed to be a buster, but after
drilling it deeper on Wednesday night
it showed up TO be fair producer.