Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1903-02-05
Field Operations in January.

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Field CONDITIONS remained about
the same In January as they were
| In December with still further
drop In the number of wells COM
pleted and small gain In the
amount of new production. The
Pennsylvania districts likewise re-
corded a considerable decline In
the amount of new work under way.
The principal gain in new produc-
ton was in the southwest, and the
principal decline in Southeastern
Ohio. The older sections of the
field revealed no important differ
ences. with the exception of Brad
ford, which by a fortunate strike,
doubled, her new production In
January.
Extreme cold weather aud the
bad roads combined 10 retard the
completion of new wells In the
Pennsylvania and Buckeye fields.
but In the Lima districts there was
decided increase In the volume of
new operations, which Indicates
that lively spring campaign has
been mapped out. Ia the South
west there are several very promis-
log exter sons to former develop
ments In sight, which promise to
afford operators some additional
room for the exercise of the drill.
The late wells have proved of good
callbre and start off with a great
deal of vigor. They have not been
sufficiently numerous, however, to
stay the decline of the older wells
or bring about the needed increase
In the supply of high grade petro-
fleum.
There were 1877 fewer wells com.
pleted In tie Pennsylvania fields In
January than In December and the
Increase In new production was 597
barrels. The count of field opera
tions at the close of the month re.
vealed decline of 50 rigs and drill
Ing wells. In December 112 fewer
wells were completed than In No.
vember and the decline In new pro
duction was $3.50 barrels. At the
close of the month the field opera.
tions were composed Of gas rigs
and drilling wells, as against 1.oI1
at the end of November. The new
operations for the last OF January
summed up $50.
The Trenton rock fields of
Northwestern Ohio and Indiana
completed 1o6 fewer wells in Jan
uary than In December and there
was drop of 1856 barrels In the
new production. The work Under
way for January Is 81 rigs and 63
wells drilling ahead of the previous
month. The gas territory of the
Hoosier State continues 10 hold out
inviting prospects tor oil operators
and there Is a large area that will
be drilled over the coming summer.
The decline In the average of the
new wells indicates that the field IS
already feeling the effects Of drain-
age consequence upon the sinking
of so many new wells Dur
Ing December the Trenton
rock district showed a decline of
15S wells completed and 1907 bar
rels new production and decrease
of Fl in new operations In No
vember there was gain Of rs wells
completed, accompanied by a drop
of ST. barrels In the new produc-
ton and a decline of So rigs and
drilling wells.
The rapid progress OF the pipe
line from West Virginia down into
into the new fields of central and
southern Kentucky has created re.
newed interest In the developments
In those sections. Producers are
finding a market for their oil, and
Kentucky quotations are regularly
posted In the oil buying Offices. A
large amount of capital has been In.
vested In the Kentucky oil fields
the past year, but the total produc'
ton for 1902, as shown by the pipe
line runs will not exceed 100000
barrels This Is less than go bar
,els day. Of course a large mum.
Der of wells have been continually
shut down and no reliable estimates
can be placed upon their produc.
tive capacity. Great things In the
way of oil production are expected
OF the Blue Grass state tor the cur.
rent ear.-Derrick.