West Virginia daily oil review. [volume] (Sistersville, W. Va.) 1894-1902, 1898-07-28
v ANSy an.
edit balance market was(ad


ton for Pennsylvania oil before The
slump. Both grades Of Ohio and
Indiana oil were advanced one
point. Local operators begin to
realize that the market is nearing
the point when they will be war
ranted in starting new work in old
territory. 1t is claimed that a con-
sidel able amount of light territory
is held in Allegheny, Washington
county, and Butler counties that
can be operated at a profit when
the market reaches a dollar or bet
ter. There will also be some in.
ducement for the wildcatter to take
hand with the bare possibility of
discovering some new pools. In
none of the counties mentioned
has all the territory been tested.
The discoveries of the southwest
fields yesterday were of minor i'm
portanCe. Few new strikes were
reported and they were of little
Importance to any one except those
directly interested,
| Hartman & Co.. s No. 2 on the
Dunn heirs farm, north of the
Fonner pool in Greene county, was
reported dry on Tuesday afternoon,
but late in the evening light paw
streak was encountered in the bot
tom Of the sand, and the we'll filed
up 1000 feet and made a small
show. The showing assures the
owners that they will have a small
producer.
On the Croft heirs tract, north,
east Of the big Mills tract, in Wet
eel county, the Kanawha Oil com.
pany has drilled in a test we'll that
shows an enormous gas pressure
from the stray above the Gordon.
It will be drilled deeper when the
large volume Of gas has been. in
part exhausted. The same com
pany is drilling it's Nos. and on
the Samuel Lanlz farm. No. 2
will be due next week. Barnsdall
& Co.'S No. S. Engalburgal is
drilling at 1000 feet and the South
Penn's NOT. T aud L. Hearne at
400 and 200 feet respectively.
In Doddridge county, the Hay
seed Oil company has drilled it's
wildcat on the S. Tate farm
through the sand, and has a dus.
ter.
The Carter Oil company's test on
the Borgess. heirs farm has reached
depth Of $500 feet and has met
no producing formations.
West of Warrington, Marion
county, unknown parties have
drilled in the Big Ipjun gasser on
the William Metz farm.
The Garnett Oil company is drill
ing at 1900 feet >on the Dalton
farm, and the CHARTERS Oil COM
pany is down $500 feet at test on
the Ewing farm.
In Wetzel county, the Hartma;,
Oil company is starting two test
wells on the Murner farm and is
drilling No. Snodgrass in the
same locality at 500 feet. This
company drilled its test we'll on the
S. Richmond farm through the
fifth sand and found it barren.
One mile south of Eldersville,
Washington coupty, Guffey &
Queen have drilled their wildcat
through the 100 foot and have a
buster in that sand, 1t will be
drilled to the lower formations.
In the "Lickskillet" pool near
Bridgeville, the Manufacturers Gas
company has drilled in buster on
the Hanna farm.
RUNS AND SHIPMENTS.
Runs and shipments up to and
including July 26, of Pennsylvania,
Ohio and Indiana fields:
PENNSYLVANIA OIL.
SalPments 80. ....... II9,557
Previously reported. ...1 ,eI6, 1885,
Total ..........., 2, o3I,8eo
Daily average ..... 80. 1906
For same time. o7.418
Previously reported II ,S5o,615
Total '.........- 1,948,o33
Daily average. ...... 74o24
LIMA OH.
Shipments ............. So.53I
preJ-iO,,c1x, ra,oor+el 20