West Virginia daily oil review. [volume] (Sistersville, W. Va.) 1894-1902, 1898-07-27
D. S. WIS REPORT.

D. S. WIS REPORT.
Another advance in the credit
balance market yesterday caused a
much better feeling among oil men.
1t is the prevailing opinion that it
will now pass the POINTS, cents,
reached before the slump to 90
Gents. The quotation for Pennsyl-
vania oil is now ga cents; North
Lima, 68 cents and South Lima
and Indiana, So cents.
The wildCatter is not idle in
Richie county, but there is less
work doing of the experimental
kind than two months ago. South
west of the Whiskey run pool the
Associated Producers have made the
location tor No. on the Sanford
Bumgardner farm and have also
made a location on the Elizabeth
Brooks farm, still farther III advance
to the southwest. The southwest
extension is the only part of the
Whiskey run development in which
any work is now starting. All
other parts have been fully defined.
The S. Bumgardner is the only
well making 100 barrels a day.
On Devil Hole run A. Hostetter
has started TO drill on the J. Mar
shall farm. Barnsdall & Rich
have completed their No on the
Richie Lounber tract, and have a
20 barrel pumper. On Elm run
Eagan, Murphy & Rich are fishing
for bit at 1000 feet on the w.
| Clark farm. Barnsdall & Rich are
drilling at the same depth on part
or the same fatnl. BaInsdail 81
Meade are drilling at 500 feet at a
test well on the A H. Ayers farm
on McFarlan creek Grant district.
On Hushers run Lambert & Co.
are rigging up at test we'll on the
Jacob Pratt farm.
Allen & Co. have completed a
well on the Charles Wells farm.
located on Low Gap run and have
a IS barrel producer from the salt
sand. On the same stream the
Paova Oil company has started to
drill on the F. Simmons farm. The
South Penn company is rigging up
at the No. Andrew Hall and has
made the location for a second test
on the H. J. Lynch farm. On Big
Island run the Paova Oil company
has started to drill at a wildcat ON
the J. Adams farm.
Rathbone & Co. are still fishing
at their test we'll on the Isaac Jack
son farm on Gillespie run.
Staley & Co. are due in the sand
at their test on the South Side OF
Hughes river. Hostetter 81 Co.
are also due at a test we'll on the 7.
Lyons farm in the same locality.
The Sill Oil company has drilled
its wildcat on the Fred Lemon
farm IS feet into the sand and has
a buster.
The South Penn Oh company
has drilled into the Cow run sand
at its No. 8 Susan Grant, near
Murphytown, Wood county, and
has good show for a producer
from the shallow sand. A producer
from the Cow run sand is a new
feature for that territory. On Still
we'll creek the Union Oil company
is due in the sand at a test we'll on
the John Masters farm.
The Ernest Oil company is due
in the sand on the Gangwer farm,
in the same locality.
Bushnell s, Co. are building
rig for a test we'll on the H. l.. Par
sons farm. On Laurel creek the
United States Oil company has a
plugged hole at test we'll on the
Patrick O'Brien farm and has
moved the rig. The hole was
abandoned at depth of 1000 feet.
North of the Former develop
ment in Green county Hartman &
Co. have drilled in their No. : on
the Dunn heirs farm and have a
buster. East of the same develop
ment the South Penn Oil company's
No. on the +. Brooks farm is
80 barrels day.