The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1915-11-06
OIL AND GAS
DEVELOPMENT
Of IRI5SlA1E
--latest Reports of Operates 10.
West Virginia, PennsyI-
Yania and Ohio.

The advance in the credit balance
market was o feature OF great inter-
est to eastern On produceis and OPP
orators. When the Joseph Seep
Purchasing Agency opened for bust
ness yesterday morning the credit
balance market for all grades OF east
ern crude was advanced five cents a
barrel, except Ragland, which was
advanced three cents. The posted
quotations are as follows: Pennsyl-
Eania $1.s5, Mercer black, New
Castle and Corning $1.35, Cabell
Sl.40. Somerset s1.27, Ragland IS.
The last advance Is the eighth since
august 10, and in the aggregate is
fifty cents added to the market since
that time. Operators have been in
,sist1ng that 1t would take a So mar
iket to revive development work IN
the fields, and it now looks as
though that figure might be reached
before or soon after the close of the
year. ~
Fled Developments.
In the Dorseyville field, In Ale
gheny county, the National Oil and
Cas- Company has at last completed
Its No. 3 on the w. ]. Robinson farm
and 1t is lighter than either Of the
first two wells completed on the same
farm. They are not certain that
they have drilled through the sand,
but when drilling was discontinued
they We're below the depth at which
the other wells got their best pay
and were drilling q dark sand forma-
ton. but It showed NO signs OF an
increase in production. From Its
present showing the well win be good
for 200 barrels a day. The location
is 500 feet north and east Of No. 2
on the same farm.
On the west side OF the develop
ment the American Natural Gas
Company Is drilling in the top OF the
Thirty-foot sand at It's second test
on the j. Haas farm. This location
is 500 feet west OF No. / on the same
farm. Should the sand formation
prove as dense in this as other wells
ia that locality 1t will not get the
lower pay before the first OF the
week.
Operators are beginning to search
for new pools in a number OF the
old districts. Four miles north OF
Harmony. Butler county, Pa, Kocher
and Company, OF Pittsburg,, have
started to drill a test on the Daniel
Wack farm. There is. no doubt that
other pools, such as Dorseyyille and
Evans City, can be found in the old
district but their discoveries will en-
tall the drilling Of large number OF
dry holes.
West Virginia. #
The best of the late competitions In
the West Virginia gelds Ii the South
Penn Oil Coinpany's No. 12 on the
Anna G. Skinner farm on Blue creek,
Elk district. kanawha county. The
first twentyfour hours after It was
drilled through the Weir sand Il
placed sixty-five barrels to its credit.
On Pinch creek, In the same district,
the William s. Edwards OIL Com.
pany has started to drill a second
test on the George Bryant farm j, 400
feet east OF No. l on the same farm.
buster In 4Kanawila County.
In Cabin Greek district. Kanawi1a
county, the Carter OIL Company has
met with another disappointment al
Its operattons ON the Winifrede Coal
scompany's tract 1t is the fourth
test on this tract and has been drilled
through all sands and is. dry. The
location Is three miles. west of the
Columbus Producing Company's pro.
ductton on the Williams Coal Com
pary's tract. The first two wells
Beware OF Cheap Substitutes.