Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1903-09-15


up a lot of leases yesterday, which
when drilled, If they prove to be oil
territory means a great thing for
this city. The land Is situated on
Pursley about three miles from the
city on the turnpike. The block
of leases includes the farms OF
Emma Peoples. W. ]. Tracy, Mrs.
Core, Ralph Broadwater, Major
Moore, D. c. Garman and ]. 81.
Mccoy. Rentals are being paid by
the Carter company In advance and
they propose to give the territory a
good test. A we'll will be com.
menced at once and at present 1t
| Is understood the first well
will be drilled on the land
owned by J. II. Mccoy. This
we'll will probably be drilled In the
bottom below the house near the
church building and close to the
lands of Core, Broadwater and
Moore. The Carter people intend
to drill a number of wells before
they abandon this territory. Being
so near to the city 1t will be
great thing for the people If pool
of oil is opened up out there.
Naturally. we earnestly hope the
first we'll will be Sand Fork gush.
er. Some might want Beaumont
Lucas gusher but we are modest
and an 5000 Darrell we'll will salts
fly US thoroughly.
The monotony that has character
lied operations In the lower South
west fields for many months was re.
lleved slightly during the past week
by several new discoveries. They
were not all satisfactory, but they
removed an existing doubt as to their
future, and that was sufficient to
claim some attention. After 1t had
b en- learned that the wildcat on
the Beckett farm, near Milton.
Cabel county, w. Va, had been
drilled deeper, all inquiries were tor
information as to the results. All
reports at first agreed that 1t was
good proaucer, Judging from the
way 1t started eff wheM drilled into
the sand for a depth of about
10 feet. The we'll flowed at
intervals of about twenty minutes
each and produced about
10 barrels an hour: Based on the
showing, the more conservative
estimated Its production at 200 bar
rels day. This was the concensus
of opinion so long as the we'll flowed
by heads. At the expiration of IS
hours the we'll ceased to flow and
those who had first placed Its pro.
duction at 200 barrels a day, after
waiting IL hours for 1t 10 resume,
found 1t necessary to revise their
estimates and not a few came to
the conclusion 1t was next to fail.
ure. Those that were of that opinion
left for their respective homes,
feeling no disappointment at
not having acquired a lease.
For more than two years, or since
the development of the Copley pool
on Sand Fork, Lewis county, oper-
ators have been watching for new
discovery outside of the old defined
limits and the Cabell county strike
Is the first intimation of that kind.
Drawing a straight line from the
nearest development. Burning
Spring, In Writ county, and the dis
lance Is more than 90 miles. This
would have been big Jump to the
southwest from previous develop
ments and would have confirmed a
theory, that had long existed as to
continuation of the producing
formation In that direction. When
the we'll was first drilled In it was
thought to have gotten It's ploduc-
ton In the Keener sand
and when drilled deeper to
have secured an increase In
oil and gas In the Big Ipjup.
However, opinions have changed
as to the sand formation and 1t Is
now thought that the oil comes
from lime and not a sand forma.
ton. 1t Is possible that pool OF
some size may be developed..in that
locality, but the lime formation Is
not held In very great favor as a
producer. In the lower edge OF
Monroe county. Ohio. some very