The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1907-05-13

.s;.RoIea FROM THE
OIL AND GAS FIELD. !.
1. u.
!. =, + !. !.
Standard credlt Ralanee,.lL..

OIL CITY, Pa.-credit balances, lis,
runs, 1859; average. 1880. Ship.
ments. lSO,S3i; average. 1902.
NEW YoRK-standard $40.
From all parts OF the local. lower
southwest and southeastern Ohio
fields nothing better Than light pro
ducers are the result OF efforts made
10 find more new high grade proluc'
ton. Operators are threshlng over
the old territory. but the result Ia
many dry holes, showing that the pro
ducing formations have been very
nearly exhausted Of their supply o!
GaId.
In the lower southwest fields the
few good producers completed withir
the past few weeks show a very mark.
ed decline in production, and at the
lresrnt rate Of decline Il will be but
4 7ery short time before all are rele.
gated 10 the pumper list.
line drilling down to the lower sands
Is sill feature In many Of the old
fields. On Buffalo cre.h. Grant dis
trlct, wetzel county. the Kanawha OH
company has Drilled is old No. &c on
the John Mills tract from the Big
h. ! 10 the Gordon and will have a
% barrel pumper In TIE lower sand.
Ia the same disiric:.. the same com.
pany has completed rs No. : on the
Hart Bros farm and will have a %
for '6.aIrref producer 1T the Maxon
sand. This is better well than the
average In that district, producing
from the same formation.
Better Tran First Indicated.
In The MIddIebournc district. Tyler
county, the South Penn Oil Company
No. on the lsaah Baker farl. Is bet.
ter well than II indicated wien first
drilled through the Dig ln;m The
latest estimate places its production
ct 30 barrels a day. lrstcld Of %, as
previously reported.
On Ten Mile creek In Ten Mile dis.
t:ict, Harrison county, the South Penn
OIL company has completed lis No. 1
on tie ]. ". Monroe farm aEd the well
produced leo barrels the first "a hours
after 1t was drilled into the Gordon
I.y. This Is n better producer than
any Of the late competitions in that dis
trlcr.
In the Falsom district, Harrison
count the South Fem Oil company
his '..lllcd Its test CT the j.. c. Ben
nett farm nine feet infO the Gordon
ali has % oil. A good Ges pr"ssura
-. II .Iloped In Ia S;rlv II this IL.
caliJn.
D,hi'as and Sta :.n9 " Lf.rs.
In a 6 Nd macy districts there is
considerable work Of the experimental
kind starting. The most Of It Is locat:
ed inside Of defined limits, but there
Is one exception that will prove
some interest. Three miles west Ct
Oakland. Garrett county. Maryland,
on the Youghiogheny river, some ma
tives, under the name Of the iough
River OF and Gas company have the
rig completed for 4 test on the Joseph
Harms farm. Garrett county borders
on the Pennsylvania line and adjOIns
FnyettG county. The parties interest
ed In this venture have 100 acres ull
der lease In that county and the con
tract calls for the drilling Of the frsi
well to a depth of 1900 feet. Should
they meet with no bad luck and sue
coed In putting the well down to the
stipulated depth, It will be n yer!
Thorough test for both oil and gas.
Fire Destroyed Rig.
On Ten Mile creek. Eagle district
Harrison county. the Philadelphia com
pany got some gas In the Big Injul
nj its test on the z. l.. Coffman farm
and It caught fire from the forge an,
consumed the rig. On Katy Lick run
III Sartlis district. the same company
Is still fishing at a test on the H. a
Swigger farm. They were down 1,G0(
feet when the tools were lost. On The
same stream, the Hope Natural Gas
company has the rig completed for q
test on the NJ. V. Plant farm.
On Plum Run, Lincoln district, Ma
rlon county, the Freeland Oil com
PaRy is building ther Ig for test OIL
the c. D. Tenant farm. On Gray's
run. In the same district. the Fair
mont Gas Company is due In the sand
ut test on the J. l.. and c. D. Nor
lgan farm.
Southeastern Ohio.
On the Ohio side, In the GraysvIll.
district, in Monroe county, ]. W. Al
dertoR has completed his No. lG or
itbo ffr,,ffnr5 f.rav fo-,, ,,t hn,