The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-06-02


independent movement. Under the
laws Of tn state OF New Jersey. the
Pure OH Company last week, associa-
ted with them, all the above indepen,
dent interests, and Increased their cap
itaI stock from 100000 to 100000.
1t is said that the new corporation viii
assume the character Of trust, al
though this imputatIon has been siren
uously denied By IT'S most prominent
promoters. However this may be. the
nav corporation contempIatss many
improvements by way OF increasing
their facilities for doing business, and
rendering their patrons the best of SER
vice. The pipe line department VIII. SO
It is said. widen It's field OF action and
extend Its lines into many important
southwest pools and compete for the
transportation trade. The working and
results of the new concern Is being,
closely watched by the producer. who
wonders II this competition VIII givs
them better price for their product.
Some are inclined to think 1t Will. and
that they win be benefited, while others
Just as noble in the producing business.
view with suspicion, the independent
movement, and say the consultations
OF Independent interests is only n trust
with another name. and that they viii,
as all trusts do, look particularly after
their own interests, However, as time
progresses, the producer will keep a
weather eye upon Its dealings, and will
coon find out whether It's character is
simon pure or otherwise. If It turns
out to be true blue. as It is claimed,
and raises the price of OIL Its coming
will be hailed with delight, and the
poor producer will regard 1t as their
savior and bencfactor
Much New Production.
Field developments during the past
week present a very interesting study
for the producer. There were CON-
pleted, an unusually large number of
good wells. which ara not confined to
any particular locality, but distributed
throughout every section of the pro-
duclng regions. a remarkable feature
to be noted in the southwest district Is
the almost unprecedented large daily
production of the Eanawha and South
Penn Oil Companies Gordon sand wells,
located on the Bis Mills tract in wetzel
county, w. Va. There are slx or seven
wells in this pool, making daily pro-
ductlon Of between 14OO and 1900 bar
rels, and which has been maintained
for some time The Indications all
point to a prolific field OF considerable
extent, and II these rich companies
should conclude to push the drill as Is
the case In most other sections, it would
be but short tlmc'uutil this field alone
would not only increase the production
beyond the limits of consumption. but
maintain for an indefinite time, a re-
markabfe large daily average The
drill has demonstrated the fact that
the Big Mills section of the country
abounds in prolific territory, and that
there remains yet enough territory to
drill that VIII supply the demands of
the trade alone for many months.
And so Is this the case In the Camp
BELLS Run district Here, big wells are.
the rule, while their staying qualities
are all that could be hoped for. Flat
Run, too. Is a material contributor in
maintaining big production Of Gordon
sand oil, and there are also hundreds of
acres to drill, which may be reasonably
counted upon to give forth large pro-
duct!on. When the Gordon sand terri.
tory OF West Virginia is sized up, 1t is
found there Is a sufficient amount of
good territory stu left to drill to main
tain the present large production for
long time II the possessors of the dig
ging should rush the drill.
The stringtown Pool.
The Big Injun sand developments adj
Jacent to the strlngtown pool is an
other important factor in holding up
the large production. In the past three
OF lOuT Wseks tHe Producing urea mas
been wldaned, and everything points to
a. Increasing production. This week,
in comparatively new territory, the
South Penn Oil Company added several
fine Big Injun sand producers to their
completed list, and have several more
new ventures that Will soon be in and
which look like winners NotwIthStnnd.