Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-08-23
The week N OIL CIRCLES.
An Exhaustive Review Of Operations
During the Past Seven Days.

ELK RUN A BIG FEATURE-TYLER
COUNTY SHOWED UP WITH SOME
THING VERY INTERESTING-THE
Afford WELL AT ELK RUN
THOUGHT TO BE A FREAK.
JONES'S WELL ON THE MAR
SHALL QUITE A SURPRISE-A
GENERAL REVIEW OF WHAT
HAS BEEN DONE AND A STATE
MENT OF WHAT is ANTICIPATED.
There were quite number of inter
estlng developments in the oil business
curing the past week ending with Sun
day evening, which will bear mention
ing, and net the least OF these was the
advance OF one cent in the price Of cred
1t balances, which occurred during the
early part OF the week. AS has a1ways
DeeH nelQ, there is lo reason on earIn
way the prlce OIL crude OIL sauulQ not
DC at DETER Lgure tnan 1t mas been
during the past } car aud it looks now
as though the Ieam OF the operator
one doliar oil-WOuld be a reality IN
snort tlme. During the past few
months the quotations have boen stead
l4y creeping toward that 1gure and now
Almost every CHE is convinced that
what was thought to be an lmpoSsibll-
lty some time ago Will occur in the
near future. Oh mas peen at such a
low figure during the past couple OF
years that it is no wonder the opera
tors and producers nave become dis
heartened and are not at ali ANXIOUS
to go after any new stuff unless they
nave almost moral clnch that they
will get good wei. All operators
will say that they cannot drlIl wells
III undevelOped territory and make any
money at the present price OF the ole
aginous fluid and they will not attempt
II unless they have about a fifty to one
shot on getting a good producing well.
Ihe developments in the field for
the week were of very interesting
nature in several cases and perhaps the
most important of these was the lnjun
we'll Afford & Co. got over at Elk Run
and Jones & Co.'S we'll on the Marshall
farm, out On Big Buffalo. The first
well was drilled in the early part of the
week ard started off from the first a
g0od producer and it is holding up in
good shape. The wells in that section
heretofore have all been drilled to the
Berea grit formation, though in a num-
Der of cases, especially that of the first
we'll drilled by Cummings & Co., on the
Smith farm, good showing was found
in the Big Injun, but it was not gCOd
enough to warrant stoDpIr5 the drill
at that point. Affords well is good for
about 80 barrels a day in the Injun
sand, and a we'll of this calibre over
there is a good one. 1t has been the
means of creating renewed excitement
over there and large amount of new
work will be started at once as a re-
suit. There is considerable work being
done in the Elk Run pool at this time
and during the next week or ten days
there should be some very interesting
news from that section of the country.
The wells being drilled by the Carter
Oil Company on the MUsser and Moore
farms, which are some distance ahead
of development as starting point, are,
perhaps, the most important ones be-
ing drilled These wells. which were
started the latter part of the week, are
located about a mile and half apart.
one to the northeast and the other to
the northwest, and they will be very
important factors toward developing
that territory. Another well OF some
Importance in that section is the one
started the latter part Of the week by
Cowell {. Alenberg, on the Martina
Thomas farm, about three miles IN ad-
vance. and about a mile from Carter
well drilled en- the McLain farm, close
to Bloomfield. The McLain we'll had
good showing of oil and the general
opinion is that it was drilled on the
extreme northern edge @ the pool ard
that a well drilled a little further south
would make a good producer. Acting
on this theory Cowell & Altenberg are
drilling the Martha Thomas well and
Carter will also drill a well on the
Cox farm.
The well drilled in by Jones & Co.,
on the Marshall farm, about three
miles directly south Of this city on
Buffalo creek. caused quite little
excitement for a couple of days, and
is still attracting considerable atten-
tion The well when drilled in was
reported good for twenty barrels an
hour but since that time it has been
drilling itself in, and is now reported
to be making about thirty barrels an
hour. 1t is only about one screw IN
the sand. and as there is plenty CT gas
it is flowing and drilling itself IN, the
production inc easing all the time.
This well is located in a territory
which has been noted for gas for scme
time, and old Jones has been drill1g
out there a year or more on his ola
accented theory that where there IS
plenty of gas there is nearly always
good pool of oil in the immediate VI
cinity, but until the present well was
drilled in he never had very good sue
cess. He got number of producing
wells. but they were all small ones.
It is very evident On account OF the
wav the territory has been drilled in
the vicinity Of the Marshall lease that
the pool will not be very large one,
as that we'll has been almost entirely
drilled around.
A sensation Of the week was the
big Cow run we'll gotten by Leonard &
Co. on the Henderson farm. down be-
low Williamstown. 1t seems TO have
been practically repetition OF the
Big Kate well, drilled back of Will
JAMESTOWN several years ago by Kelly
G. Co. which caused a great deal OF