The Sunday telegram. [volume] (Clarksburg, W. Va.) 1914-1927, 1915-04-04
Oil and Gas Development
West Virginia Review
OF the Weeks Operations. ~

iopment work in the eastern fields
! showed a Slight Improvement over the
early part. The real feature OF the
| industry also came at the close of the
week when the Seep purchasing agen-
cy of the South Penn Oil Company
posted new quotations lor all grades
| of crude produced in the eastern
fields. Following close upon the
/ heels OF two reductions in the refined
market during the early part of the
week, the reduction OF the crude mar
het was not, strictly speaking, In the
mature of q surprise. The result of
the last, and preceding cuts. will
1 have tendency to further-discourage
development work in the eastern
fields. The present lethargy Is more
pronounced than at any time in n
number of years and the weakness of
/ the market viii discourage operations
III even the old fields. rnere are very
| few districts in any section of the
East that can. present anything better
ltnan light wells
Il The new quotations posted Evc
crude or the pennsylvania grade q cut
#of ; cents, reducing the quotation
from $1.dO to $1.35. The reduction
lin other grades was as follows: Mer-
Ger black and New Castle, cents;
Corning and Ragland. 2 cents, and
Somerset 3 cents. The last time
!. Pennsylvania crude was at the present
Quotation was on April S, 1910. a
year ago. before the slump came, the
price quoted was $3.50 barrel. The
loss OF $1.15 a barrel means great
real to the eastern produced, who
i owns light wells and has no way of
increasing his production .
{. 80. ~
Field Developments.
i The Weir sand development was all
there was TO the eastern fields at the
close Of the week. On Blue Creek, Elk
district Kanawha county, the Ohio
Il Fuel Oil Company has completed its
No. 5 on the William Young heirs
/ farm and the we'll produced 40 barrls
the hrst three hours. It will be good
for 100 or more barrels a day. In the
same district, the same company is
drilling two important test wells and.
both will be due to get the sand this
week. The Ohio Fuel Company Is
doing the most of the work in the
Blue Creek district. The same com
4Gebhart farm and increased It's pro-
Iduction from Sto 90 barrels day.
/ Fair Producer. in Marion.
Infthe salt sand development III.
the South Penn Oil Company has
completed No. g on the S. L. Myers
farm and the first "a hours after the
well was drilled through the Big In
jun sand. produced so barrels, natur-
al. On Big Run, Manningto district,
Marion county, Cochran and Funk
have drilled their No. 3 on the Rebec-
CO Glover farm into the top of the
n los
from had not reached the pay.
In the same district, Flemm and
Company have had the rig completed
for some time for a second test on the
is. Shea farm, but have not started to
drill. The Carnegie Natural Gas
.sCompany's test on the B. f. Lewis
farm is light gasser IN the fourth
sand. In Clay district, Monongalia
county u III. Nc Dermott is nc In the
sand at a test on the H. a. Hosking
farm. u
Il Drilling and Starting Tests.
In the sat sand development in
Spence district. Roane county. there
lis a little new work starting On Mil-
#lers run. Goff and Heck arerigging up
Mt a test on the Sidney Wine farm. On
Il Little Creek. In the same district. the
Roane Development Company is build
Ing the rig fora test on the l.. 8. Goff
farm On Spring creek, the Carter
OIL Company has the rig completed
FOR a test on the %. IL. West farm.
On Reedy Green, Curtis district.
godfrey Z. Cabot Is drilling at cot,
feet on the Margaret 3. Crislip farm.
On Indian Creek and Beech Lick run.
in New Milton and Greenbrier district.
FDoddridge count ~, the Hope Natural
.hGag Company is drilling tests on the
y d. IL. Nicholson. NJ. T.. Swisher.
James AIcGlain and Edgar Davidson
I farms, On Walnut Creek. Freemans
Greek district. Lewis county, thesa
company is due In the BIZ nun sand