Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-08-28
PETROLEUM PRODUCTION.
Greater in 1902 Than In Any Previous
Year

In his report to the United States geolog-
ical survey on the production of petroleum
in 1902. now in press, Mr.. F. H. Ohphant
notes the following points as the most con-
spicuous features in the production, sale
and export of crude petroleum and its prod
ucts for the year 1892: The production Of
crude petroleum was greater than that OF
any previous year; there was slight de-
crease in production of the Appalachian
field and a slight increase in the Lima
Indiana field: the general average price for
crude petroleum was less than in any year
since 1898: stocks held IN the Appalachian
and Lima Indiana fields showed a consid-
cradle decrease. principally in the Appa-
lachian field: the exports Of petroleum In
1902 were less than in 1901; no new pools
were discovered in 1902.
The total production in the United States
of crude petroleum in 1902 was S0.S94 $50
barrels as against 60 3S9, 1914 barrels in 1901.
an increase of IL .J00 1856 barrels, or 1853 per
cent over that of 1901 and of % per cent
over that of 1890 The greatest portion OF
the increase in 1902 came from Texas and
California. the gain being J.S30.99 barrels.
or 1921 per cent. for Texas, and .. 1S7 ,51S
barrels. or SO per cent. for California. as
compared with their respective productions
in 1901. The increase in Indiana in 1902
was 1.T23.S1O barrels. or about 30 per cent
over that of 1901. Louisiana produced for
the first time in 1902, the production being
Us, 6lI barrels. The Increase in the pro-
duction of Kansas was 152, 59S barrels. or
about 50 per cent over 1901. Kentucky and
Tennessee increased their production in 1902
by 47.7y9 barrels. or nearly 35 per cent
Indian territory increased 1900 barrels
and Wyoming so barrels as compared with
1901.
The largest decrease in production in 1902
as compared with 1901 was in West Vir-
ginia. where 1t amounted to G63. 7S1 barrels.
or about 10 per cent; and Ohio, in it's two
fields showed a decrease of 633 So barrels
or nearly per cent. The decrease in Penn
sylvania was sol 49S barrels, or 4.5 per cent: :
in New York. 81. SSS barrels or about per
cent: in Colorado. G6.21S barrels or about
IA per cent.
The percentages of production by fields
show remarkable change from 1900 to
1902 In 1900 the percentages were: APP
palachian field. 81; Lima Indiana field, "a
all other fields nearly y. In 1902 the re-
spective percentages were: Appalachian
field. 80; Lima Indiana field. p; all other
fields about -
The value of the crude petroleum pro-
duced in 1902 was S69G1O 3S4. or SO cents
per barrel. that for 1901 having been $66
417.335. or 957 cents per barrel a decrease
OF 81 cents per barrel. or 10 per cent In
1902 The gross amount received for the
total product In 1892 was only So 1913, L.:S
greater than that in 1901. although the in
greater. The average price paid for what
Is known as Pennsylvania petroleum. which
comprises nearly % per cent OF the produc-
ton of the Appalachian field, was 81. 2375
per barrel In 1909. that for 1901 having been
VII. gain OF nearly cents per barrel.
There was also gain of nearly cents per
barrel In the price of the Lima-Indiana
petroleum in 1909 over 1901. California
petroleum decreased 21.S cents per barrel
in 1909 compared with 1901 and Texas
petroleum decreased ASS cents per barrel
The total number Of productive wells in
the Appalachian and the Lima Indiana
fields In 1909 was II. 328. the number In 1901
having been 99l2 The total number of
wells completed in the United States in
1902 was about 1880. AT an average cost
of $1,000 each these wells represent an In
Ivestmsut OF 50. 100000 or about - per cent
of the gross receipts for all tho petroleum
produced In 19oa
! The exports OF petroleum and its products
exceeded 1000. 100000 gallons in 1907. for