The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1916-12-07
FINANCE, OIL AND GAS
Oil and Gas.

The advance in the market has in.
tensified interest in field develop.
mcnts. Operators are on the alert
and watching for new producing terri.
tory. 1t is no longer a question OF ter.
ritory that Is capable OF furnishing
, large wells Light territory II able to
present small wells Is acceptable at
the present market price OF crude.
Many producers are not in position
10 increase their production, bu; those
who are will not hesitate TO go after
1t.
In Ten Mile district, Harrison coun.
~, W. Va, the Sylvan Oi! company is
swabbing ~ barrels a day from its
second test on the James T. Dye farm.
An Increase in production is expected
after 1t has been drilled through the
sand and shot. On Miracle run, Bat.
teIle district, MonongalIa county, the
South Penn Oil company has put its
test on the Rebecca Lemley farm to
pumping and it is producing % bar.
reIs day.
In Troy district, Gilmer county, the
South Penn Oil compauy's No. on
the A. L. Rymer farm, reported a good
gasser in TIE Big Injun sand has been
drilled to the CAN'T sand and the hole
I filled up 400 feet with fluid. 1t will
make a l0.barrel pumpcr. In III"
burning Springs district, Writ county.
the Red River Oil and Gas company
drilled No. II on the Depuc MCCnhg
farm through the 50U.ro0t sand and it
is showing for siN or seyea.barrrl
pumpGr.
Near Twiggs postoflice. Lafayette
district, Peasants county, the Con.
crete Oil company drilled NO 3 on the
NJ. NJ. Smith farm through the Cow
Run sand and found ii barren |: will
be drilled to the lower sands. In let.
ierson district Ira Williams d Co.
completed a test on the L. +. Stand.
field farm aud It shows for a fiye-barre!
pumper in the salt sand. This location
is In advance of production and will
call out some new work.
On Ash Lick run, Burning Springs
district, Writ county, the Richter OIL
company has completed and put No ~
on the NJ. Richter farm to pumping and
it Is five.barrel punper in the salt
sand. In the same district tho South
Penn Oil company is starting Nos. II
to 10 inclusive, on the y. W. Taught
farm.
On the waters OF Pinch creek, ELK
district, kanawha county, the South
Penn Oil company has completed and
shot In the Weir sand No 4 on the
Louisa Woody farm. The well pro.
duced - barrels the first II hours.
On the same stream the same company
has started to drill No. : on the F..
G. Woody farm. On Tango creek,
. DuVal district. Lincoln county. the Big
Creek Development company has the
rig completed for another lest on the
HaGer-McClurc farm. located coo feet
northeast of the fi&t test on this
farm.
The Dents Run wells in Marion
county continue 10 decline. The re.
ported gauges Tor the - hours ending
at : O'Clock yesterday morning were
as follows: J.. ". Bartlett Nus. and ,
Il. +. Batson. liO and 4GJ barrels. re.
Sp"ctiEely: Hickman * Holman No. :;
Alfred Kendall. l2O barrels: South
Penn Oil company no. > Hoard. Batson
lao barrels. and the Dclmar Oil com.
I pany Nos. -, % and -. 90, 10 and
4SO barrels, respectively estimated.
The South Penn Oil compauy's no. &
N. NJ. Kendall is drilling In the 50.
foot sand and showing some oil.
In Ellsworth district, Tyler county.
Barber, Barton & Co. completed their
lest on III" S. Evans farm. it is a
SaSScr III the NcuUr sand. In the
same district the Hope Natural Gas
COMPANY IL fishing at n tpsI ON thn A
Lewis farm and the Manufacturers
Light and Heat company has started
to drill test on the $. y. Shaw farm,