Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1902-10-08
The Oil MARKET.

balance market Yesterday makit Z
rue price OF Pennsylvania and oil
the: higher grades of crude 81 81.
was very gratifying to III;
producers IN. all the eastern field.
The new pfice pos,ed by the See,
purchasing agency, added to The.
three cents added last Saturday,
gives the producer FIVE cents a bar
rel more Tor his product than b.
had been getting In the past three
mouths. AID additional advance
must follow 10 induce operators TO
90 outside of the shallow saul ter
Iitory In West Virginia and south
eastern Ohio to look for new pools.
They have been hard to find and
are growing scarcer each succeed
ing month.
In the past six months but one
pool OF any consequence has been
discovered, and 1t IS no longer cap
able OF increasing Its daily output
The Big Knot Iun district In
Richie county, has produced mofe
oil for the number of months 1t has
been producing, than any other In
the southwest. It has now a daily
,utput of 2 ,oco barrels and will re
quire new producers very soon TO
pee,, II a. that mint
Two wells, Arpett No. and Dye
No S are producing $50 and 500
barrels dav, respectively.
On Sand Fork, a branch OF Fink
creek, Goe Bros. have completed q
lest well for the Doddridge Oh
company on the Joseph Krenn fern
in DoddIidge county, that will
make very small pumper In the
Gantz sand. -. -
In the Folsom district, Wetzel
county, the South Penn OH com
pany's No 9 on the Robinson tract
has increased to us barrels a da,
and ranks as one of the best pro-
+ducers drilled In this development
Agood deal OF test work Is start
ing In the vicinity of J. c. Trees &
Co.'S test on the T. Francis farm
on Falling Timber run. The way
this we'll has been holding up has
aroused great confidence In the ter
rltory. In addition to the two wells
starting on this farm and the one on
the Pos,lewait farm, the Southern
Oh company Is building the rig for
test on the Fu1bee farm, located
one mile and half northeast OF the
producer on the Francis farm. TIE
company holds leases on 1900
acres to the northeast and east OF
the Fraucis farm producer
In the Pine Grove district the
South Penn company has drilled its
No on the Isaac Blake farm
through the Gordon and the we'll
produced IS barrels the first twenty
tour houIs
IN the Bristoria district, Greene
county, the same company has
drilled in No. 2 on the McVey
farm and has a 80 barrel producer.
On McKim Creek, Meade dts
trict, Tyler county, the Carter Oh
company is drilling a test well on
the A Smith farm and IS due to get
the sand this week.
On Ben's ron, Peasants county,
the Liberty Oil company Is drilling
a second test well on the VIM.
Smith farm
On Sugar creek Lafayette dis
trict, the Simpson Oil company has
completed Its No. 3 on the M, Cor
rell farm and has a buster in the
Cow Run sard
On Rock Run, Richie county,
the Rock Run Oil company Is doRn
In the sand at ties: we'll on the
Tohn Butcher farm On Big Knot
Run, the Three Joes on COMPANY
Is due in the sand this week at Mo-:
8 and on the Wagner farm.
North of Marietta A. A Gamer
on's No. on the Oliver Breck1t-
ridge farm has increased Its produc
ton to 200 barrels a day.
Near Monroeville, Monroe coun
ty, the Unity Oh company's No. I
on the F F. Cooper farm Is holding
up at us barrels day.
A war Is likely to begin In the
window glass business. The two
assoc, lions of manufacturers and
the independent operators have not
been able to agree as to terms,
prices aud other matters, and there
is talk OF a go as you please season
which may be TO the advantage ct
fhe persons who buy windcwg.ass.