The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1916-04-14
FINANCE, OIL, Gas AND PRODUCE

ern Ohio fields, operators are again
turning their attention to Kentucky
with a view to giving that state an.
other trial. The i~rregularity OF the
producing formations there has been
the discouraging features in other
days. Dry holes have been encounter.
ed in proximity to good producers aua
In some instances a total absence OF q
sand formation. Recently the new
fields in Kentucky have been iucreas.
ing their production and on the whole
the outlook is more promising than at
any time since the development Of the
Carney City pool in Morgan county.
FIVE years ago.
In the shallow sand territory near
Scottsyille, Allen county, there Is
much new work starting. The field has
5 producing wells and production is
steadily increasing. The Southern Oil
company, subsidiary OF the Pittsburgh
OH & Gas company, has 1000 acres
under lease and is starting five wells.
Within the past week some leases have
been purchased by other Pittsburgh
companies.
The Weir sand development on Blue
Greek, Elk district, Kanawha county,
w. Va, at intervals. now long drawn
out supplies a good producer. he lat.
est Is the South Penn Oil company's
No. 10 on the Anna G.. Skinner farm,
is defined territory. In the first "a
hours in tho Weir sand pay, it produc-
ed los barrels. In the same district,
on Pinch Creek $500 feet south Of
No. / on the L. j.. Myers farm. the
same company completed and shot a
test on the NJ. Vicke:s' farm. 1t plaC.
ed 30 barrels to its credit the ensuing
"a hours.
In Elk district. the United Fuel Gas
company completed No. &c on the
Charles Hunt farm and it shows for o
l5.barrel pumper. This district has
considerable undeveloped territory
and operations are increasing. The
South Penn Oil company and the Ohio
Fuel company are the most active in
development work.
Holders of territory in Union dis.
trict, Clay county, are preparing to In.
crease operations there. The Goshorn
Oil company has the rig completed for
another test on the Goshorn tract. 1t
is Big Injun sand territory and, with
few exceptions. the competitions have
been light producers. During tho sum.
mer there will be much territory test
ed In Clay county.
In the extension on Redwood Run.
Grant district. Wetzel county, the
Redwood Oil company drilled a sec.
ond test on the John Mills farm into
tho Maxon sand. a good gas pressure
and a little oil was developed in that
formation. 1t will not be tested in that
formation, but is now drilling to the
Gordon sand. On Ponds Creek, Clay
district. Ritchie county, the Imperial
Oil AMI Gas Products company's No.
. on the w. S. Keith farm is holding up
at 100 barrels a day. In Clay dis.
trict operators have hope of better
wells than in any other part of Richie
county. For more than a year 1t has
been the only district in the shallow
sand territory able to supply better
than average producers.
On the Ohio sido, in Harrison coun-
ty, there is more new work starting
than Mt any time since the develop.
ment of the old Scio field. Presnt
efforts for new production are princI.
pally in Rumley and Green townships.
In the southwest quarter OF Section
90, in IT,. latter township, the K. NJ. G.
OIL company has started a test on the
L. A. Morehead farm, 500 feet east of
"a 10.barrel pumper completed recent.
" on the J.. w. Rife farm.
The OIL Market
Pennsylvania $3.50
Indiana 1.5S
Illinois l.S2
Kan. & Okla 1.55