The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-02-17
REVIEW OF
SOUTHWEST
OIL FIELDS.
There IL an Increased Demand for
PsnnSylvania OIL over Lima
oil-The Outlook Is
FOR Big D0INGS IN LEWIS
County, This State, When the Roads
WIN Allow the Shipping Of
Material to the Front.

But few important changes are TO be
noted In the field situation this week,
The petroleum industry from every
standpoint presents the most bullish
FEATURES. and Il nothing material comes
to pass In field developmetns to change
present conditions a better market may
be looked for in the near future The
wildcat explorations IN Kentucky and
Tennessee are turning out unsuccessful
and but little hope Is entertained BY
the trade Of new development being
opened up in either OF these states.
A peculiar feature has Of late marked
the trend Of events to which special at.
tention is called, and this Is the shift
ing Of the bulk Of shipments from Lima
oil to the Pennsylvania product For
many months In the past the shipments
az Lima oil far exceeded the shipments
Of Pennsylvania oil. and the stocks Of
the latter were steadily increased. But
for some reason not apparent to the
average oil man, these conditions have
been reversed and now the shipments
OF Pennsylvania oil not only exceed
Trenton rock, but they are far above
the runs, and instead of the stocks be-
ing Increased they are materially re-
duced. 1t must not be Understood that
While the stocks Of PehnsylvaniA oil
are being depleted, that the demand for
Lima oil Is below the production, for
such Is not the case. IL the figures Of
the pipe lines handling Trenton rock oil
are to be relied upon. The reports show
that the consumption and production Of
Lima oil are about a stand-Of, and u
anything, the shipments exceed the
runs. 30 in drawing conclusions the
stocks Of both PENNSYLVANIA and Lima
oil are being drawn upon.
AS outlined in the review last week,
Wolf summit is not maintaining the
high record established some time ago
as the drill in the past week has not
recorded the most brilliant story. White
the new pool has never been responsl-
BILE for the production Of big wells or
gushers, the field has been remarkable
for its many good wells, and the small
percentage Of failures for the number
" WI. ~ 49,, ,,,tgorrA,v largo pro-
ducers. or what are considered large
producers in thes latter day develop
,non'' w. .s."s I ..d S,nsrN Cood sized
y ,,-. w -. " So SoasSsntIv Iool.e5 for only
~. "Sis ~ i,,,s, ,,.S. I,,,,Ia This seems
81 ~ 49, S,S tts+. Z oontinv. tion OF ter
" 'u'SS' 80 -, s,,,,,,.. ,,t,, ,,s,ls cao-
l'sSis >; '..-. ",l NJ, Ioo,.d for and nm
~. " -, an, ,,s.s,,,sr" s,,,s,binE new
~ '.e =. -, sSS,SA ,in.s J5o,f sum.
pssOna ;. p.sass '.ss. ~. Ssn,,S 4, ne ri.ry
'"'' ''A' w. -st-..,..
hoFtneasS AA'sn1ton' ~
The northeastern extension oi ."e
WOLF Summit digglngs mas proven tHs
most prolihe part Of the pool ana tas U.
wells in this quarter coming IN lisn'
this week has oecaaioned no t''ue sur
prize and comment ana IN y'sM " s',s :,
unlocked for change In Developments y =
ls not likely that proaucueh Wf' ,e'st. !.
the high mark that many tnouSn. y :,
would only week OF 30 aSO'
unexpected change Is most toreloiy y.
lustrated by a comparison OF tns S
Southern OIL company's NO = locA.ta M
on the ]. G. Smith farm whlen We. r.,
completed month OF so ago IheII
first well on this farm came IN at ~
barrels a day. while NO. ola Onls
twelve or fifteen barrels a day on .he
start-off. This Is indeed q Dig iaillns
on, and indicates that the northeastern
extension has about reached the Jump
ing of place. to use the parlanee OF tne
oil fraternity To still further conhrhl
the correctness Of this diagnosis OF 'h0
situation in th9 northeastern extension
the South Penn oil Company mas lus' ~
completed THUR No. j. ~ W. l.M w
farm, in the same locality, whlen w. w.
not make better than a rlVe Ur e,s,''
barrel producer. which is an ome,s. ls, u
port from the pipe line company : hstq s,
are several other Wells drilling !" 1H.'
part OF the pool. which wheh com
pleted viii definitely settle the uues''V''
Of the NORTHEASTERN extension
This week the South Penn VI. ON
pany we're again in good luck nnulnS ~.
100 barrel wen TO the north OF Won
Summit, and located upon the \ a. =.
Williamson farm, In this 'a.ltuoe ..
the pool some very fine wells nave
been found, and according to the PIPE :