The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-06-26
8The I2olIEMarEet


4 "A The oil Market. IN
The Standard quotes prices foricred
IL balances II the various fields ia.
follows: yiSi /: y
? Pennsylvania sl!7s; Tlona, SITS;
Corning, s1.14: New Castle, ;1.22;
,cabsll, sl.22;tNor,h Lima, sac; South
Lima and Indiana, sec; Somerset
1920; Ragland, zoe; Second sand
SITS; Richland, Sis J; Princeton, csc
The Producers and Refners' Company
quotes SITS for Pennsylvania oil. &
Ii TlLEDO, June 90 0il--North Ii
ma, 9ic; South Lima and Indiana, ssc
OIL CITY, Jlne 81. -Credit,balances
sl.7S.a Runs, 1903 barrels; average
l40,CS9 barrels; shipments, 1924
barrels; average, 16o,4So barrels.
The Congo field in Hancock count,
is furnishing some large producers on
the east side Of developments. The
Ohio Valley Gas Company has drilled
Its test on the J. & S. Ward farm AZ
feet Into the Berea grit and It is
flowing at the rate Of 495 barrels q
day. Within a week the production
OF the pool has been almost doubled
making II close to 1000 barrels a dAy.
Leaseholqers on the east side are
starting Some new work. There will
probably be a dozen wells drilling In
that locally within two weeks. The
lower southwest operators could find
n few more pools like that near Con.
80 there would be an incentive to In.
crease development work. Much test
work has been completed since the
first Of the year and very little Of It
has furnished new producing territory.
On Bush run, Cruch district, Metzel
county, the Philadelphia Company has
now atilled Its test on the G. =.
Throckmorton farm through the fourth
sand and found nothing bat a light
gas pressure in the Big lnlun. On
Dunkard Creek, Battelle district, Mo.
mongolia county. the South Penn oil
Company has drilled its No. 4 on the
". A. Yost farm through the four.
sand and the hole has filed up 2,4oO
feet with fluid. 1t will make a i,,,,
producer.
s.l'f Test Wells.
On the river front, in Wood county
J. Merwin & Co. have completed n
test on the David Hoover farm and
lave duster. In the same district,
L. B. Ekas & Co. have completed their
test on the NJ. d. lnghram farm aud
have a very light pumper In the Cow
Run sand. Near Petroleum, Richie
county, stiles Bros. have completed
Nos. GO and C1 on the Volcano tract
and have two light bumpers. The
Clarke Oil Company & Hines have
completed No. 20 on the Volcano Oil
and Coal tract and have a very light
In Union district, Peasants
county, Brown & Co. have completed
a test on the A. ]. Montieth farm and
have duster. Edmunds & Co. had
the same kind Of lick at tehir test
on the John Wright farm. In the Nc.
Kim Creek district, the Monongahela
Oil Company has completed a second
test on the Dora E. Wagner farm and
81 ID 4 " 2.
have a dnster. Tate & Patterson have
completed No. on the Outward heirs
farm and have light pumper. The
Pure Grit 0ilsCompany's second ,cp.
on the G. R. Hammett farm Is n light
In the Cow Rim sand.
Southeastern Ohio.
In the Woodsfell district, on the
Ohio side In Monroe county, Jennings
Bros, & Stegner have drilled their
second test on the Louis Stegner farm
into the Big lnjun and have n show
for 5 barrel pumper. In the Payne
district, in Washington county, J.. ".
Gray has completed No. IS on the J.
D. Lehmer farm and has n show for a
10 barrel pumper in the second Cow
Run sand. Ellsworth & Davis have
completed No. 2 on the P. Herlan
larm anu have q very light pumper In
the Cow Run sand.
h99 Allegheny County. e'
In the west end Of Imperial deevlop.
ment, Allegheny county, E. L. Oles
has completed No. IA on the A. W.
Crooks farm and has SHOW for a :s
barrel producer In the 30 foot. In the
Brush Creek district In the same coun
ty, the Hazetwood OIL Company hn.,
completed No. 8 on the William Skies
farm and has Is barrel pnmper In
the 100 foot.
The Poultry Market.