Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1903-01-22

W. ~ ~ ~ W ~ ~
right In the edge of town. Is almost
done, and will be completed In a
day or two. Great hopes are en-
ltertained from 1t and the talent be-
lieve that oil Is almost certain to be
struck In 1t. Gas was found Satur
day and the showing seems 10 be
good. The we'll makes a brilliant
sight at night, as it Is on a hill, and
the illumination with gas Is bril-
liant. 1t belongs to the Hartman
OH company and Is being drilled by
B. w. Peoples. The company have
large block Of territory leased. If
this we'll comes In good 1t makes
Harrisville boom.
A prospective fine field Is on the
Peunsboro and Huntsville railroad
half way between the two towns
Several years ago well was drilled
on the land Of Tom McDougal,
which has produced a few barrels a
day ever since. A. short time back
second well was drilled on his
land. which proved q good one.
Then ano Their well a few hundred
yards awsy was put down on the
land of B. McGinnis. This was also
good we'll. Another we'll Is now
drilling on McDougal and the
prospect Is excellent for a splendid
oil field. A boarding house has
been put up, and the scene at night
like that at Huntsville, on account
of the quantity of gas burning. Is
fine.
New Matamoras, Ohio.
W. P: Hays No. I Is reported
good for fifteen barrels In the
Keener and Is drilling to the 1pjun.
Timber Is being put on the
ground at the location of Margaret
Jones on Mill creek.
Ed Quigley, of Sistersville, who
Is we'll known to all of our oil men,
Is mourning the death Of both bis
parents, they having died within
few days of each other.
While attempting to shoot we'll
No 3 on the Moore and Locke
farm, back of town, last week, the
shot exploded In the casing, making
1t necessary to plug the well, move
the rig and drill a new hole.
Kennedy cased the Matamoras
Corporation No. last Saturday at
600 feet. 1t will be In the latter part
of this week If they have no acci.
dent. w. P. Hays No. near
Matamoras station will be in this
week and Island No. Is going
down rapidly, and will be in next
week. Operators are looking at
our field and predicting a good
field and much work this summer.
Mail.
Operators and producers had
two things to claim their atten'
ton yesterday, the cut In the credit
balance market and the South
Penn Oh company's gusher, on the
Jesse Talking ton farm in Harrison
county. A cent reduction in all
grades, making 1.-The quotation
70, Pennsylvania Grade $3.50 now.
The only apparent reason for the
cut is weakness in the refnsd
market. Some were inclined: TO
attribute 1t however, to the Gordon
sand strike In West Virginia, but 1t
Is generally thought hardly prob
aole that single we'll could at this
time depress the market.
The South Penn company's well
on the J. B. Whiteman farm WIS
the most remarkable producer ever
drilled In Harrison county. II
started at about 800 barrels a day
when drilled In about four years
ago, and alter producing for
several months was then drilled
deeper, and increased Its produc
ton 1900 barrels a day. II Is still
a producer, and wells were drilled
10 every direction from the gusher,
looking for an extension, but none
was fonnd. A few small producers
and many busters ended what at
one time looked lie prolific pool.
For the three hours from IL to 3
yesterday afternoon the new gusher
averaged Sc barrels an hour or al
the rate of 1,345 barrels day.