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

plSlS0 NSlS SSASSi AGAy ouA LhS uCW
production of the eastern and west
ern oil fields shows small increase,
The gain, however, was confined to
the Trenton rock fields, the Penn.
sylva.ia regions revealing a small
decline, indicating lesser average
Weld for the new wells In August
than In July. The new West Viz
einia 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 Jefer:oa counties
In Southeastern Ohio are now the
scenes Of greatest activity, and an.
other month Is likely to witness an
increase In 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 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 1914 barrels to the
we'll. July completed 60 fewer
wells than June and there was an
increase Of 4o5 barrels In new pro-
duction. The effect of the gusher
strikes in new territory was to
raise the daily average yield OF the
SIG productive wells to IS barrels
piece. In August, a year ago. 2S
wells were completed and the new
production amounted to 1894 bar
rels or nearly IS barrels to the we'll.
Ninety seven more wells were COM
pleted In the Pennsylvania oil fields
June than In 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 off
with that of the May wells. May
completed 90 more wells than April,
and there was an increase of 529
barrels in the new production.
August operations In the Penn
sylvania oil fields made a gain Of
Fl rigs and 20 wells drilling over
those of July and the increased
activity was confined almost ex-
cluslvely to the Southwest and
Southeastern Ohio. July operations
suffered a loss Io 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 a gain of Is rigs and loss of
81 drilling wells, making 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 a gain of 81 wells drilling,
making net increase of 46. April
was behind March by % rigs and
drilling wells. March had IL fewer
rigs under way than February, but
showed a gain of two in drilling
wells, making net decline Of 10.
February, as compared with Janu.
airy, declined 81 rigs snd drilling
wells. At the close Of August, a
year ago, there were 341 rigs and
62S wells drilling under way In the
Pennsylvania oil fields.
In the Trenton rock oil fields
there were "a more wells COM
pleted In August July and gain
of Gil 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 a
small decrease In the number of
wells completed but there was an
increase In the new production
and the amount of new operations
under way at the close of August
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 of
II In new operation. There were
1o9 more wells completed in June
than in May and the new produc.