Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1902-09-02
Oil Fields in August.

pleted were concerned. and the new
production of the eastern and west
ern oil fields shows a small increase
| The gain, however, was confined tc
the Trenton rock fields, the Penn.
sylva.ia regions revealing a small
decline, indicating lesser average
Weld for the new wells In Angus,
than In July. The new West Vir-
ginia pools, of which so much was
expected, failed to make good their
first promises. While they pre-
sent something new In the way Of
prospective territory for the exer,
else of the drill thus far the wells
have failed to come up to the record
established by their initial strikes.
Richie, Doddridge, Wetzel and
Tyler counties In West Virginia
and Monroe and Jefersoo counties
In Southeastern Ohio are now the
scenes of greatest activity, and an.
other month Is likely to witness an
increase Ia the amount of the new
production.
There were 40 more wells com
pleted In the Pennsylvania oil field
In August than In July but there
was a falling off In the new pro-
duction. While the productive
wells In all sections of the Pennsyl-
vania regions averaged IS barrels
each In July the August average
was less than 1871 barrels to the
we'll. July completed 90 fewer
wells than June and there was an
increase Of 4o5 barrels In new pro-
duction. The effect of the eusher
strikes in new territory was to
raise the daily average yield OF the
SIG productive wells to IS barrels
a piece. In August, year ago, 52S
wells were completed and the new
production amounted to 8.324 bar
rels or nearly IS barrels to the we'll.
Ninety seven more wells were COM
pleted In the Pennsylvania oil fields
June than Ia May, but owing to the
small increase In the new produc.
ton and the large number OF dry
holes, the average yield of the pro-
ductive wells was about stand of
with that of the May wells. May
completed 60 more wells than April,
and there was an increase of 528
barrels in the new production.
August operations In the Penn
sylvania oil fields made a gain of
II rigs and 2o wells drilling over
those of July and the increased
activity was confined almost ex-
clusively to the Southwest and
Southeastern Ohio. July operations
suffered loss 10 rigs, and made a
gain of two wells drilling so that
there was a net decrease of II
The addition OF some prospective
new territory to the present pro.
duclng areas In the Southwest has
proved as powerful an incentive to
bring about increased activity as
the advance of two cents a barrel
In the oil market. In June there
was gain of IS rigs and loss of
ST drilling wells. making a net de-
crease of five from the operations
under way at the close of May.
During May the activity In field
work was measured by loss of five
rigs and gain of ST wells drilling
making a net increase of 46. April
was behind March by 70 rigs anc
drilling wells. March had II fewer
rigs under way than February, but
showed a gain of two in drilling
wells, making a net decline Of 10.
February, as compared with Janu'
airy, declined 81 rigs and drilling
wells. At the close Of August, q
year ago, there were 34I rigs and
628 wells drilling under way In the
Pennsylvania oil fields.
In the Trenton xock oil fields
there were "a more wells com
pleted In August July and gain
of Oh barrels In the new produc-
ton. July completed az fewer
wells than June and showed an In.
crease of III barrels In the new
production. Indiana reveals q
small decrease In the number oil
wells completed but there was an
increase In the new production
and the amount of new operations
under way at the close of Angus
was the greatest ever recorded
Forty two fewer wells were com.
pleted In the Trenton rock oil
fields of Ohio and Indiana In July
than In June while at the
! same time there was gain o.
II In new operation. There were
1co more wells completed in Jun,
than in May and the new produc