Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1898-04-17
Oil NEWS.
New Wells and observation-disclosures About
the Producing Wells.

New Wells and Locatious-Sotes About
the Producing Wells.
Sistersvi.ie, w. Va, April 16-The
good weather of the past couple OF
weeks is making the roads dry up very
rapidly and another week Of it will
put them in such condition that it will
be possible for the operators to do
something toward starting the spring
work Nearly all the large companies
have made appropriations of large sums
for operating expenses this spring, and
the only reason that work has not been
commenced sooner was on account OF
the roads being in such shape that it
was impossible to get the material out
into the field.
Another thing which is holding them
back just at present is the war scare.
The operators are anxious to have the
matter settled one way or the other.
for it is certain if war is declared the
Standard will make that a preteXt for
cutting the price of the oleaginouS
fluid, and in that event the operators
will not do any more work than they
are compelled to in order to protect
themselves because at the price of oil
at present there is a very narrow mar
gin for those who operate in the deep
sand territory, and with the price any
lower they could not afford to do any
outside work.
The latest report received from the
South Penn Oil Company's well, on the
Whaley farm, to the north of develop
ments in the Whisky run pool, is to the
effect that it is a very heavy gasser.
This well when first drilled in was re-
ported dry.
The same company have well due
in the sand on the Mahaney farm, di-
rectly southwest of the developments
in that section, but nothing has been
heard from it.
12-acre lease, will be due in the sand
the early part of the week This well
is located TO the east of developments
and it is generally believed that it will
be light, as it is but a short distance
from Guffy's small well.
The Fisher Oil Company is making
arrangements to drill a test well Oh
what is known as Irish run, in Wash
ington county, Ohio, about six miles
south Of the developments on Wilson
run. The well is purely wildcat ven
ture, and will open up lot of new ter
ritory if it should come in a producer.
The South Penn Oil Company is
about due in the sand at their No. 2
on the l. FoIger lease, and it should be
in not later than Sunday unless some
accident occurs.
The Fix Fork Oil and Gas Company
have started drilling at their No. on
the Eddy lease, and are down about
400 feet.
The Henry & Macdonald Oil Com
pany have made the location and are
starting the rig for No / on the j. I.
A. Hawkins nine acres.
The Sun Oil Company, after quite
long time of waiting, have at last start
ed to drilling at their No. / on the Cum
ningham farm. This well is located
some distance south of developments in
the southwest extension to the pool,
and is the most important test well in
the Elk Fork field.
Barnsdall & Co.'S well on the Hawk
ms, to the northwest of developments,
drilled in a few days ago, which start
ed off at better than 200 barrels day,
is still holding up and it makes leases
in that section look good.
Special to the Register.
NEW MdTIluSNllle, APP IL lo-l mere Is
considerable excitement this morning
over the prospects of the Stolze Bros.
we'll on The Achalis Morgan farm,
which is located two and half miles
east of town The sand was reached
yesterday, and a strong flow of gas
with some OIL is had. They are moving
the boiler preparatory to drilling in
the we'll Col. Thomas Mills and other
prominent oil men, visited the well
Yesterday evening and report the show
ing for a good well excellent Col.
Mills says that there is no doubt but
that they will get a well.
Oil City. Pa. April l6.-Credit bal
ances 75c: certificates opened and clos
ed at 741ac bid for cash. Sales LOCO
barrels cash at 74Ac; shipments, S4,-
$50 barrels: runs, 1886 barrels.
% percent. reduction on Silver
plated ware for next ten days