The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-08-17
OIL AND GAS
DEVELOPMENT
OF TRI-5TATE
Latest Reports of Operations In
West Virginia, PennSyI-
vania and ohio.

/
vania and ohio.
Another ten cent reduction in the
Kansas-Oklahoma crude oil market
last Tuesday brings the quotation OF
THAT grade TO ninety-five cents, max
ling total reduction Of sixty cents a
barrel since July "a. Since July "
1.-THE eastern crude market has been
reduced -four times, aggregating
thirty cents. The last reduction IN
the mid-contInent portcnds another
Tread lustment in the credit balance
market in the eastern fields. The pre-
Ivlous declines have not had gen
eral depressing effect on the field
work In the eastern fields, but me
market Ia now approaching the point
where operators will hesitate before
starting any great amount Of new
work.
All late reports from the mid-con-
tinent fields point to a curtajIment of
development work. 1t was the great
scramble for new production when
the market was high that brought
about the decline in the crude mar
ket and loss of more than forty
per cent III ."e I''aI W. IN ~ III
product' AZ Vue l' lI olI,. ,"' dn,,,i-
continent ah0 coastal meiu 70 -, NO ,,nry
large extent. At the present time
the production of the eastern fields
lis not much In excess Of consumption,
put II Is not I'Nel! W W % 1itror :" NJ
Stanl the PItSHu'e VI " "'"''
$L%3 D%,'tI' r, r,o,Is
L'ShI Mt'IS III l.''S.,'" " ,nnri, :,
ne leau'' ca Ut w ns' y, ~ smA nc 10
the eastern hcluS - nv. 'u aitant;on
atlLact e.t"' yea ,,I 10 IN Nah. All scr-
LdGit "ellS HIe Sne w ~ rh ~ nj
,lohS un1eI ,, urIe,op'n .a i o,dine Tho
10" s"l'u u'S,llcts ~ w.. ' U,orI, s+ort
!eanlh composed "nu ~" WI p,"o.ants
ing III MC N, ul''L ~, oW Con,-
county w. w. va. ~, tne 90 49, ~ No No NJ II
nany urlI i l's ~ =" ~ ~ To,y nm
iiolGren Iar,Il 'HIousIl w UU" w T.,
sanu ana ~ - Nv ma Ghnrtiars
.nr COW w, ltUn SUN. .ooooG tost IN
HaileX GI S S;L p% , 49,, Re dns-
,le W. H. , om.l' Eieaom iar - - -
Ter l"T.ne s"IIc IL '% pionsorts conn
IN onion uIsI' i y,,, -. lo% ,""o ,,ou,
W, ayiol |nu M ~ n " raIioIs
urllieu tIlpil w. ~ " n, ~ Tnjnn sand II
iaILl t4r"1 ,fn, 'a ed ~" III "nnor rnrma-
Is airy ~ 'II"s T Tnu o. r'e S"rdis dis
LUIS 1I 0m D,S ic nnnntv +bo South
Irlct, Ia li%r l,I. co ~, e. w ~ n
rem III Com,pams . ~ r'I,,,,"o d below
II OgueI I, iaLnt was g'us .t,,on . sbot
( tne nis t nurN+i and sbows for a
to h n" nnmner
~ o n 7 ooson nm ono and one-half
villas snnth or nrodnction the Car
,,''afo ToinraI cas- Comnanv,s fest on
ne Rroadwator farm located on
G ~" mn 10 Nv passer in tho Rig In
iMn sond and bos conacity of T.
400 NHn cnhic Foot dav. On Miller's
rrr cnoncor dis+rict Roane county.
W. w. Savtb Dam al Comnanv has
a .h ~ drlI a test m tbe r w.
T,.i, ~ sorr,,
ny Donno ~ Courtr Comnlctlons
IN Iomrel RIM enoncer district,
poonn county the Wayland OIL and
80 ~" ~ EoH,na T a ,iIIod NJ IN Tho 4
%"7 " G ,ao,ma pr,e'. Farn throrob The Rig
=, 49, ana - - e. sbowirg for y
t.'J ~, r sol" ," "rq no, mo South penn
M 70, =. ~ ono ~ tba same
~ H. soE,a formotion ot No :
NJ ~ ~ d y '''' pognrs Farm, ON
"n .ne o -, :" co,,tbGoid district the
; , ~ - =" a. : on Gomnnry bas started
t.ee ~. AZ NJ o w +b b ontsS Har-
~ V so -! w. 'l Wv ~ >'''"
''S la Ut
In ule Wen SANG lertltoFy' on ~,
alan cferE, Elk 4iS.ll g.; n nls -.
county lne hepuDllc Cll VoLLlp% ttiS
completed ana shot NO. on va
George u Acree iarin' located l,loU
feet west OF NO anu secured an
eight barrel Pumper' IN the sal.i sam,
district the ONO uel vi oohip1n! "
No. IL on the Elk RIVER Coa4 COM
panys property IS showing IoI a Yen zen
barrel puinper. IN big SANDY ai aus nc
the south Penn Oll COMPANY shot ~;
s on the n Z. Coleman larn anu
increased its production from one 10
five barrels a day
New WORK in Lincoln county.
on PorteFs FORK DuyaI ulstri St;