The Sunday telegram. [volume] (Clarksburg, W. Va.) 1914-1927, 1915-04-18

Oil and Gas
Latest News OF the West Virgins
Of the lEeel
As compared with the early part
OF the week. deyelopment work at
the close showed some Improvement.
The first half or the week furnished
nothing better than light producers
and fewer of them than has been the
rule. In all fields in the East oper-
atiOns continue to decline. Every
q branch of the industry stands out in
bold contrast as compared with a
year ago Just one year ago yester-
day, April IL, the crude market
broke away from the SIS mark and
started on the down grade. Since
that time the market at various
times has been reduced until it has
reached $1.35. During that period
there was but one ive-cent advance
and that remained for only short
time. when lit receded to lower
level. At the present time the. East
ern producer is receiving S Ii 5 a.
barrel less for his production as
compared with this time last year.
Probably no other industry has suf-
feTed SO great "a loss during the same
period and it is a matter In which
all will agree thar no other Industry
could have suffered so severely and
show the same amountsof energy as
the oil Industry. The depression is
most .noticea blef+in operations IN the
various fields and has kept pace with
the decline in the market. The vol
une of operations at this time is
Just about one-half Of what it was
year ago.
Reports from the western fields
are more encoura ginE. than at any
time since the market began to de-
cline Those in a position to know
isd declining and the only thing that
stands in the way of decided inn
provement is the possibility of the
discovery ofsanother new and prolific
field in. the nid-continent, Withsthe
bearish influence of the western fields
removed. eastern operators and pro-
ducersswill gain be in a more pros
porous condition. In the meantime
/ 1T will be the better part OF good
Judgment to continue a conservative
policy.
The weekend OF operations IN the
eastern fields presented a few good
producers. rs has been the rule for
many mont his, the Weir sand pool on
county. "a. supplied the best
producers. In that district, the Ohio
Fuel Oil Company completed and
shot it's test on the Jennie Hoover
farm. located 700 feet north of No
a on the G.. W. cher farm. and it:
produced 100 barrels the ensuing %
hours. On the same stream and in
the same district, the same company
has completed a test on the HenryHA.
Simpson farm. located 700 feet
southwest or No. n on the Elijah An
4 derson farm and has 2 5-baTrel pro-
ducer IN the Weir sand.
# tSho otins on Blue Creek. IA
Operators in the Blue Creek field
are burning a good deal or the high
explosive fluid and the results are
very satisfactory. In every instance
"a shot brings an increase in. nroduc-
ton. The Ohio Fuel Oh! Company's
No. q on the Edward Gebbart farm
had declined tosfive barrels day and
was shot and its production increased
to 80 barrels. In the same district
the South Penn Oil COMPANY shot
No. 6 on the ]. ". a. Skinner farm
and increased It's $UEUAuGN1 ~ I'LL
to as barrels a da5. t4as4s
On the east side ofhthe Weir sand
development on Ealing r ock creek.
Elk district. the South Penn Oil
Company has completed q second
test on the Id Epde graff farm and
has a 25-barrel prod deer in the Weir
sand. On Jones creek. Dural dis
trict, Lincoln county the Carter Oil.
Company has the rig completed fora
second test on the Ira NJ. Hill farm.
located 800 feet south Invest OF the
NTayland Oil Company,s test on the
Jennie a. Jones farm.
Good Producer in Doddridgc County.
In New ilton. district, ID ddridEe
county the South Penn Oil Company
has drilled its No. s on the e. "A
Nicholson farm through the Big In
jun sand and has a good producer
The first twenty-four hours after@it.
was drilled into the pay it. produced
seyenty-fve barrels. In the Binga-
mon y district. Marion county. Pope
Brothers and Company have drilled
" their4te test on the J. G. Neeley farm
through the Gordon sand andfwill not
nave better han a five barrel pun
II per 3s 5
In Grant district Wetze1 county.
The Wayland Oil and Gas Company
has drilled No. ) on the Snlith-Ed-
CELL farm through the G ordons sand
and has a 30sbaFrel prod ucer This
location is on. Fal ling Timber run
and inside of defined terrft tory In
Fish creek. Church district, Elem,
Ing and Brad ley have started tosdrill
II second testAon the Sara Shea
farm. In GlenYille district. GIlmers
county, the Hone Natural Gas +pm-.
pany has dr1i ed--a test on he Ezra
5f