The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1915-09-14
..iu:lrea1H1Sa;5:sS..ssSs7rs5:e;e;aosHeoHae
OIL AND GAs

/ sf01s16acaoEes1ec seefe9e,eee11e
The seep purchasing agency Of
the South Penn OIL Company adj
vanced the credit balance market for
all grades Of Eastern crude yester-
day morning except Ragland, which
remains at sixty-fya cents. Crude
OF, the Pennsylvania grade was ad-
vanced 1--WE cents, making the pres
ent quotation $1.65. Mercer black
and New Castle were advanced to
1923, corning to 1.12: Cabell 50
SLIPS and Somerset to $1.0S. On
last Saturday the Prairie Oil and
Gas Company advanced the price Of
Oklahoma and Kansas crude from
sevnty-fve to eighty cents. The adj
vance in the market price. Of mid.
continent crude will stimulate oper-
atoms in that country, but the five
cent advance In the East will have
scarcely any noticeable effect on field
work. Within month Pennsylva-
MIA crude has been advanced four
times. making a total of thirty
cents. Under ordinary circum-
stances this would have been suf-
ficient to stimulate development
work. That 1t has not done so Is
due to the fact that there Is, almost
nothing but light territory available
and operators continue to adhere 20
the waiting policy and insist that
nothing short of SO mark will
bring about restoration Of active
operations in nthe fields.
New Work at Dor Nv lie.
The thirty-foot development in In
diana township, Allegheny. county, Is
an exception to the general rule.
Tho National Oil and Gas Company's
well on the w. ]. Robinson farm has
created quite commotion in that
locality. For the twenty-four hours
ending yesterday morning the Rob
inson farm well averaged twenty
barrels an hour. The same COM
pany has stared to spud in No.
on the same farm and is building
the rig for No. 8. No. Q Is located
AIS feet east Of Of No. / and No. 3
is located $50 feet northeast OF No.
1. The American Natural Gas Com
pany has drilled its test on the j.
Haas farm, located $50 feet east of
the gusher, thirty-four feet into the
sand and there is little improvement
in the quality of the sand, but no in
crease in production.
Wet Virginia.
Light wells are in evidence in the
West Virginia fields. On tire south
fork of hughes river, Murphy dis
trict. Ritcnle county, the Equality
Oil Company has drilled No. 6 on the
J. F. Deems farm through the Salt
sand and has ten-bar1el pumper.
On Mckim creek, Mcpiln district,
Plaesants county, the Gas and Fuel
Company has drilled test on the
w. H. Singleton farm through the
Big 1njun sand and has a duster.
On Warriors Fork. Warrington dis
trict, Marion county, the Carnegie
Natural Gas Company has drilled a
test on the D. G. Hibbs farm through
the Big 1njun sand and has a gasser.
Southeastern Ohio.
The deep sand territory in South
eastern Ohio has again come to the
front. In the Union Furnace district
Hccking county, the Preston Oil
Company on the w. E. and M. E.
Shaw farm swabbed 40 barrels from
a well the first twenty-four hours.
It will be given shot today. In
the Berea grit, Clay district, Mus
kingum county, Murphy and Com
pany have drilled well on tho
Towing farm through the Berea
grit and have twelve-barrel
pumper.
The OF. Market,
The prices paid for of Of various
grades by the purchasing agencies
are:
Pennsylvania ..............$1.65