Marietta daily leader. (Marietta, Ohio) 1895-1906, 1899-03-14
Oil Notes.
YEsTERpAY,s MARKET.


Corning ........... 96
| Newcastle. $50. -. ....... ...... W
North Lima ...... -. -. -. .... 80
South Lima. 80. .. .. .... rs
The oil property sold by the Henry
OIL Co., of Sistersvllle, to eastern cap
italisls, mention of which is made in
another column of this paper, consists
of the 'company's holdings in the old
Sistersville field on the Ohio side, the
property in the Elk Fork pool, and also
the company's holdings in the Waverly
pool
The Ohio property consists of So
wells on the Stewart farm, which have
production of $50 barrels.
The sale of the Henry production ag-
gregated $59O,OOO, or at rate of $685.
barrel.
Mulligan No. came in with strong
flow of salt water and gas in the Big
Injun sand. 1t is likely that the casing
will be pulled and the well abandoned.
Skipton No. 4 is reported as good for
SO barrels day.
Dye No came in Sunday in the
Berea sand. There is ten feet of sand
which was shot Monday morning and
now shows for a 20 to 25 barrel well.
This is an important we'll and goes to
SHOW that there is something in the
Berea grit here.
Moore No. 16 is making about 300
barrels per day.
The most important developments
during the past week were those in
Harrison county, o., which were in ad-
vance of the Scio field, and completed
the circle of on-producing wells, and
outside of which it is not probable that
the producing lines can be advanced.
In one or two instances these frontier
tests got a small show of oil, but not in
sufficient quantities as to warrant the
belief that it would be good judgment
to continue looking for an extension
along the lines on which they are To-
Gated. To the north the Ohio Oil Co. S
we'll on the Kennedy farm was shot
and will make barrel pumper; it
can scarcely be classed a paying pro-
ducer, and there will certainly be no
effort made to go further north with
the hope of finding an extension to the
present development. To the west of
che Venice Oil company has had a sim
liar experience on the Walters farm.
This well was completed and shot, but
the owners are decidedly mysterious as
to the result. Operators to the south
had been hopeful until last Friday,
when a duster was drilled in on the
McCombs farm.
Draw a circle two miles in diameter
with Scio in the center, and the total
acreage of the producing territory of
the Scio filed will have fallen within
The lines. 1t is something of a coin
cldence that the town of Scio be locat-
ed in the center of the field and the
best producing territory. Bad roads
have been hindrance to operations
for some time. Last week the roads
were in an impossible condition and
teamsters refused all offers ii venture
out, consequently there is a short
| of HT~ill o.
and pumping wells had to be shut
down. Should the Scio field as is now
thought, be defined there will be many
disappointments. The territory had
been leased up solidly for almost ten
miles in every direction from the town
and all hoped to get within the pro-
ducing area.
For the number of wells completed
in the fewest months Scio stands first
in the history of developments. 1t has
also been remarkable for the small
number of dry holes as compared with
producing wells. Even though the
felI has been defined, Scio will con-
tinue to be lively place for several
months.
No other part of Southwestern Ohio
or the lower Southwest is attracting
any particular attention. The spring
months bid fair to pass without any
new attractions. There has been a
noticeable falling off in work in the
shallow sand pools and the deep sand
territory can see it's finish during the
present year unless new pools are
forthcoming and at this time there is
but one prospective development of
that character The deep sand terri
tory has been a prominent for three
and more years and has furnished a
very large percentage of new produc-
ton, while new pools and oil fields de-
cI.ned. Had ii not been for the Cor
don sand production the stocks of the
Pennsylvania crude would not be at
their present standing.
Greene county with its deceptive
pools is not doing anything to bring
II into favor.
West of the Fonner pool duster
was completed during the week on the
Shoup farm. The only thing worthy
of note in the local fields during the
week was the Bachelors Co.'S we'll on
pha rnnEsnn 70 Y-p, Oh auinnUiIla Ia