Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-10-17

they had, but the old fellows did not.
They knew what it was done for and did
not give the sudden decline Of one cent
a moments notice. During the past
| few years since the Standard Oil Com
pany gave it out THAT they would pay
for oil what the markets OF the world
| justified the operators and producers
have been paying little attention
to the markets of the world, and they,
too, know a few things as well as the
great trust.
The outlook in the fields is very
bearish at this time, more SO than it has
been for some time In the first place
there is no new stuff of any Importance
being opened up, and in the secod place
the pools which are now commanding
the attention of operators and pro-
ducers are not doing as well as was ex-
pected. In the old fields of the State
there is practically nothing of more
than ordinary Importance going on.
There is little drilling being done, but
it does not amount to anything, as it is
all in defined territory and the wells
gotten are doing little more than max
ing up for the production falling off
from the wells which have been pro-
ducing for some time. In fact in a
great many instances the new wells are
not doing even that much.
The early part of the week-the north
east extension of the Elk Fork pool
got a very bad black eve when the
Lowry we'll of Gaffney & Co. was drilled
in and was dry in all formations. This
we'll was expected to be good one un-
til after the Henthorn dry hole had been
completed and then it was cinch that
it would not amount to anything This
makes at least a portion of the north
east extension of the Elk Fork pool
look very bad and some work which
had been contemplated has been aban-
doned. The Lowry welel has been
pulled out and the hole plugged. The
we'll ON the Mercer farm, drilled by
Bruner & Co., was considerable OF a
surprise. In the first place when it was
reported in, it was said to be dry hole
and later when it was discovered that
it was a producer there was even
greater surprise when the magnitude
Of the well was learned. The Mercer is
one of the best wells in the field. 1t
Is equal in production to the first well
drilled in on the Clendenning and is
holding up all right.
There will be some important devel-
opments in the northwest extension OF
the Elk Fork pool the coming week.
In the first place Cutler, Harvey & Co.'s
well on the Clendenning-No. 2-ls
DIE in the sand this evening or to-
morrow morning. In addition to this
th.le are number of other wells which
should get the sand not later than the
middle of the week. The Sun Oil Co.'s
We'll on the Adds farm will be in about
the middle or the latter part of the
week. Yoke & Co.'S No. 1, on the Nor
row, is nearing the top Of the sand
and should be in about Tuesday or
Wednesday, while Treat & Crawford's
No. |. on the Wetzel farm should be
in the pay at about the same time.
There are several other wells drilling
close to the top of the sand and the
indications are for a very lively week
in that section.
During the week Treat & Crawford
started spudding at their No. l on the
Fluharty and are now drilling at about
800 feet. The Henry Oil Company
started spudding Wednesday at their
No. on the Gorrell and it is now
about 400 feet deep. The South Penn
Oil Company started Nos. 5 and on
the Cunningham farm the early part
of the week and both Of them are
down several hundred feet. Mills &
Co.'s No. 1 on the Rice farm started
en- Wednesday is drilling at 300.
Brown & Co. have the rig up for their
No. 3 on the Duval farm and will COM
mence spudding in a couple OF days.
The Eastern Oil Company started
spudding about the middle of the week
at their No II on the Gorrell lease and
Barnsdall started at about the same
time at No. on the Hawkins. There
is quite a lot of new work in contem-
plation in the northeast extension of
the Elk Fork pool and the operators
are now hustling out the stuff for the
new work.
Over in the Wilson Run territory
Gordon & Co.'s No. 5 on the Reed
farm will be due in the sand this even
ing or tomorrow some time. There
is not a great deal of work being done
in this section. Gordon is drilling
one or two wells and outside of that
there is PRACTICALLY nothing worth men
tioning. Gordon & Co. have the rig
up and will start No. on the Poulton
in a couple of days. Their No. on
the huOWIIOu WdS SIdIIeu Iue early
part of the week. Henderson & Co.'s
No. 1 on the Rashman has the rig
about completed and it will be ready
to start in a couple of days. 1t cannot
be said that the outlook in this field is
very flattering at the present time.
The wells which have been drilled in
over there lately have not been large
ones and it commences to look as
though the field had been defined
In the Elk Run territory the Little
Muskingum Oil Company drilled in
their No. 2 on the Martha Thomas
farm on Thursday and will have
producer good for about 40 barrels a
day. This well is located about three
miles northwest of the Berea Grit terri
tory over there and makes that stuff
look all right. The Little Muskingum
people have made couple Of more To-
cations on their lease and will COM
mence building the rig for No. at
once.
In the same section the Carter Oil
Co. is doing some working and getting
ready to start a lot more. Up in that
part of the field the Carter Oil Co. has
large amount of territory all of
which will be tested in a short time.
This ooponopu hoe ono u,o11 J,i11;pc ar,