Marietta daily leader. (Marietta, Ohio) 1895-1906, 1899-04-15
Oil Notes,
YESTERDAYS MARKET.

Pennsylvania. ............ ........1 13
barneSVlle .......'.. ...........l O3
corning 's''.s''''''. ''''''''''' 30
newcastle ............... ....... w
NOTtn Lima ............. ....... oO
ooutn Lima ........ ............. 10
INDIANA ........... .............. 20
The Lambert we'll, which we men
toned yesterday, is fine one and op-
ems up new territory to the south of
Chesterhill. The well is located on the
farm of r. B. Lambert, one mile south
of the town, and was flowing at last
reports at the rate of probably so bar
rels per day. There is quite good
deal of unleased land between this we'll
and the Myers well, which is two miles
east of the town, and there have been
some good bonuses paid and will
likely be some better ones now before
the property is all taken up.
When the first screw was drilled in
the Lambert well the gas pressure
broke forth so strong that 1t was risky
to work about the well, but the second
screw reached the oil and it soon made
flow of two or three barrels. Reports
say fabulous prices have been offered
Messrs. Ranger and Lambert for their
interests in the territory.
Messrs. Clarke & Campbell, the
drillers for the United States Oil Co.
on the Wittekind farm, moved their
machinery and tools Friday to the To-
cation for No. we'll and will soon be
in operation.
Oil men from West Virginia are
quite numerous in the city, enroute to
the ChesterhiH field. The news of the
recent good strike there has been
spreading and in some casesit has been
greatly exaggerated.
There is still great activity in the
st. Marys field. There are as many as
25 or 80 strings of tools running there
and the field has long been taken ur
so it is now impossible to get foot il
ground in that vicinity.
The Granite Oil Co.. we'll on the
Tice farm, one half mile in advance
and northeast of Elk FORK production
is badly plugged. A charge of shoI
was deposited in the well about q
mon,h ago, but before the squib could
be lowered the dirt caved in over the
shot to a dep,l of about 200 feet. Fur
ther attempts to explode the glycerint
through this mass of dirt and roci
were futile, and as a last resort 6
small string of casing was lowered
and the work of cleaning out down t.
the shot was commenced. Through
some miscalculaaon the cleaning ap'
preached too near the shot, with the
result of a premature explosion ant
the consequent loss of the tools.
Since the accident to the Tice wei
there is rivalry on the part of the
leaseh olders of adjoining territory tt
be first in completing we'll. Shay
Mullen have started one on the Haugh
40 acres, which adjoins the Tice to thu
northeast, Boyd Bros. ct al have a wei
drilling on the Hoyt 40 acres, east o
the Tice, and the Granite is working
on No. Miller al acres, north of tn,
Tice. The plugged well on the Tict
was extravagantly reported at it's com
pletion, and while falling far short o.
it's reputed value, it had settled into
nice producer before this misfortune
The principal importance that attach
ed to it, however, was the fact of it:
being a producer from the Berea grit
line with distant wells producing il
that formation, of the existence of al
intermediary pool.-Oil Review.
We were informed this morning b!
j. P. Gibson, of Kimbolton, that Jo'
Dutton had the derrick completed ant
was today moving the machinery t.
the Martin lease in Liberty township
Drilling will probably be commenced
next week.
The Keeler well on t..e Weldon leas
is still flowing and seems to be on tn
increase. 1t is said Mr.. Keeler is onl.
waiting until other leases have beel
tested before resuming operations.
The Echo says movement is ol
foot at Cumberland, and already
number of shares have been subscrib
ed, looking to the development of tn
oil and gas interests of that vicinity
A number of Cumberland people hav
invested so far and from present in
dications a strong company will be or
ganized. We understand the intention
is to put down wells and thoroughly
test the territory. The prospects TO
oil are very good and there should b
no trouble in raising the necessar
funds.-Cambridge Sun.