The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-06-30
MANY MORE
new WELLS
in 0ILD0M.
The South Penn Company is at Last
Rewarded in "Dry-hole" Greene
County, and
THE FIND is IN THE GUSHFR
Class-The Bear influence Has Not
Been Lifted, and Higher Prices
Are Not in Sight.

There is no diminuton in acttNHy IN
the great southwest district from which
regions come the bulk of production
The volume Of new work has not fallen
off to any material extent. nor from
present indications is there any likeli-
hood there VIII be soon. Results have
been above the average the last week.
although not up to the high water mark
recorded IN the past two weeks. Since
our story of the dolngs last week very
important discovery was made in dry
hote Greene county, Pennsylvania
which viii undoubtedly lead to tangible
results. In making this discovery the
South Penn OIL Company has had a
long and tedious hunt and the exper-
Iment has been costly one, too. The
venture in question belongs in the cat
egory of gushers, but 1t will have to
produce big oil for long time to even
up their dry hole account. And II this
late discovery turns out like other
gushers found in the past in Greene
county. no great amount of new terri
tory can be reasonably looked for, and
the important results will be found only
in the size of the wells that may be
struck. This is the history of Greene
county territory and seldom have the
bright prospects given by the advent OF
big well been made good.
Big Pool Was Expected.
This was the case with the discovery
of the big wells years ago on the
Emma Woods farm It was thought
when the first gusher was found IT
would open up big pool, but after q
number of fortunes had been spent in
drilling the result was only two or three
big wells, confined to small area Of
territory. This very important find Ia
the sole property OF the South Penn
OIL Company and is located on the j,
Devlne farm and one mile to the cast OF
the old BrIstorla development When
first struck the new venture started of
at a twenty-five-b barrel per hour gait
and has since shown remarkable stay
ing qualities. It must be admitted that
the wells location and size invest II
with more than ordinary interest and
Importance and the talent will be
kept speculating until the drill has told
the whole story. II this new discovery
turns out different than did the big
wells found in the past, then Greene
county's oIeaglnous history will be
reversed, and an altogether new chap
ter recorded. The South Penn OIL Com
pany Is monarch Of all It surveys In
this particular latitude of Greene
county, and will. as soon as possible
test the territory In the vicinity, al
least of their gusher. They have al
ready started two or three more wells
but as the territory is deep and the
drilling hard, some time must elapst
before the drill finds the level of the
pay struck in their big well.
Bear Element on Deck.
1t was hoped that everything ole.
aglnous was In the downward course
that no more big wells In new terri
tory would be, found. but 1t seems
that the brilliant record Of the past
three or four weeks must be maintain
ed for a longer time. Its natural ten
dency will be to weaken values and the
bear element of the trade will avail
themselves Of the opportunity present
ed. Just now things are not looking as
rosy as they, did In the Wallace district
Harrison county, West Virginia. From
the way the big Whitman farm well
performed, the opinion became deep
seated that large scope of territory
existed here. and locate IN any direction
you would and in any reasonable dis
tance from the gusher, failure could moi
be possible. But here the drill has
again verified the old adage, "All Is
not gold that glitters." The South
Penn people last week completed a
rank duster. located only 1000 feet to
the northeast from the Whitman farm
gusher. The venture was considered
well located by all well Informed south
west operators. and a paying producer
was at least confidently looked for.
Results Completely Changed.
This result has completely changed
the aspect of the Wallace pool and II
an outlet is to be found from the big
well on the whitman farm. the hunt
must be prosecuted for 1t In another dI-
rcctlon. Just where the pool will be
found remains for the drin to deter
mine. and It will not be many days un-
I'll more definite Information will be
Forthcoming. as there are several wells
nearing completion In different dIrec-
tlons from the gushcr. The Whitman
gusher has daily record of over Ave
hundred barrels and is over three
months old and in the aggregate has
placed to Its account over $65. 900.
Jumping OF Place Not Reached.
Wolf Summit. one OF the best little
pools Of the southwest, was thought to
have been clearly defined some time
ago, and that It's halcyon producinG
days were past. But from the way j.
N. Gufreys test we'll located on the
strothcrs farm, has turned out, the
jumping or place has not yet been
reached. This well is the most ad-
vanced producer in the northeast ex-
tension, and whom first struck made a
production OF 1873 barrels, II the pipe
line gauge is to be relied upon. 1t has
practically given Wolf Summit new