The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-10-29
THE INDIANA OIL FIELD
INCREASE IN WELLS, BUT DE-
CREASE IN TOTAL PRODUCTION.
Good Producers Being Drilled In Al
most Daily in Wells County-Sum-
mary of Operations.
snecia, to the Indianapolis journal.

Special to the Indianapolis Journal.
MONTPELIER, Ind, Oct. 2S.-The reve-
lations made by the drill during the month
of October were not of q startling nature.
In no particular section of the entire pro-
ducing regions, East and West, could it be
said that special additions were made to the
producing area. Under a like pressure
twenty years ago the speculative trade
would be standing on its head in the ex-
element and the rush to obtain certificate
oil. In those days the market was not con-
trolled by any one agency. The operations
in the Indiana field for the month of Oc-
tober indicate that the men OF money are
not afraid to invest in the development Of
the crude product, as there were IA wells
completed, of which forty-eight were fail
ures as far as oil was concerned, the rest
showing a daily output of 2.0S5 barrels. or an
average per we'll per day of q 2-3 barrels
This is an increase in completed wells over
the September report of twenty-eight dry
holes, seventeen), and a decrease in the
new production of 160 barrels. The great
increase in the dry holes is due to the fact
that among them are a great number of
wells that were drilled for gas and figured
in completed wells
Business was never brighter in the oil in
duStry III this state since the IlfSt oil We'll
was drilled here than at the present time.
Over in Randolph county the population is
oil mad, and should they find paying well
in that county it would cause a lot of devel-
opments to be made. The most excitement
at the present time in the oil developments
is in Jackson township, Wells county,
where good producers are being completed
daily. A few years ago the Klauser Bros.
and Others of Toledo o., secured the Byall
farm, in that township, and at that time it
did not prove a success. The lease was
G. Argue. another Toledo operator. secured
the farm, and started to develop 1t a few
months ago. He has since competed eight
wells, and The eighth well did $50 barrels
the first sixteen hours. In Nottingham
township, Wells county, there is but little
work doing, and the same can be said of the
older districts in Penn and Jackson town.
ships, Of Jay county. Four years ago
gushers were completed in what is known as
the Harris pool, ia the northwest corner of
Penn township. but to-day no one hears of
this once productive pool, which in its
prime contained one of the most remarkable
oil wells in the history of the entire Tren-
completed the Hannah NJ. Harris farm.
1t came in for fifteen barrels but when
forty days old the well was producing L. 400
barrels of oil q day. Another pool similar
to the Harris pool is the Camden pool, at
Pennville. where gusherS were found on the
Graves, Hiddy, Hiatt, Grissell and Ninde
farms, and many attempts were made to
extend the pool into Green township south.
but in nearly every instance failures were
recorded The following figures show a
comparison of the work done for the months
of September and October: