The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1916-12-04
FINANCE, OIL AND GAS
Oil and Gas.

The close OF the week was lethargic
in the Eastern fields. The holiday
caused a suspension OF work In the
fields and 1t remained In that condi.
ton to the close and not resumed IN.
til the beginning Of the current week.
Operators are anxious to get as mucn
work completed and started as posi-
BILE but there Is no territory pressing
for development. Most OF the work
under way is OF the routine kind. locat.
ed in old territory and will sooner or
later be developed. Operators are
convinced that the prospects are bet
ter for little new production in the
old districts than TO 60 in search OF
new producing territory. Weather con.
ditions have not as yet interfcred with
heIu work and as Il consequence there
is more new work starting than for any
like period III 4 great many years.
The advance OF 10 cents in the Mid.
Continent crude market has again set
the Eastern contingent to guessing on
an early advance in the credit balance
market In the East. The firm belief
| In higher market IL no doubt the in.
centive for the great activity in all
sections in the Eastern fields.
Gas wells were largely in the ma.
Jority in the late competitions in the
| west Virginia fields NOnc OF The gac
| companies supplying gas to IIll-"..- -.
ana surrounding towns are sufficiently
supplied with reserve quantity TO
! meet the demand when severe winter
weather arrives. Anticipating short
age all are bending every effort 10 in.
crease their supply. In Wcizel county
they are making most determined
effort and meeting with fair success.
On Long Drain run, Church district,
the Carnegie Natural Gas company
completed test on the Taylor heirs
/ farm and got Il fair gasscr in the nth
sand. On Fishing creek, the sane com.
pany got one Of the same kind on the
Leroy Taylor farm.
On Long Drain run, the Philadelphia
, company drlneu a test ON the G. S
!IigginbCtham fam into the MaXon
sand and developed gasser. On the
same stream and in the same district,
the same company's No. on the Mary
Earnshaw farm developed a fair gas
pressure in the DInKard sand at
depth of 1850 feet and will not drill
deeper at this time. On MeathOuse
fork, Greenbrier district, DodIridge
county. Trainer Bros. drilled No. 4 on
the Lewis Sperry farm into the fifth
sand and got gaSSer with a capacity
OF 2.OO0,OUv Gu, feet a day. On West
Fork river, Grant district, Harrison
county, the Philadelphia company com.
pleted test on the Charles Crenwurtf
farm. 1t is fair gasser in the fifth
sand. On Big run. Union district, liar.
Dson county, the Reserve Gas company
drilled test OH the Il. c. Mcdonald
farm through the fifth sard and has a
! 5,OOO,OOO-foot gasser. On Lost creek.
Grant district. the same cumpany's
No. on the w. b. & Porter Maxwell
farm is a gasser in the Gantz sand.
On West Fork river, Union district,
W. Brent Maxwell drilled No. 80 on his
own farm into the fifth sand and has
fair gasser.
In the Dents run pool, Warrington
district, Marion county. there is good
deal OF new work starting. On its re-
cent purchase of the Clayton Oil com.
pany's holdings in this district, the
Carter Oil company is due to get the
sand this week at test on the Sarah
Hays farm. The same company is
=
the W. Il. Hays farm. Hickman a.
Huffman will be due in few days at
No. OH the Alfred Kendall farm.
French & Allen are building the rig for
a second test on the J. r. Baker farm
and drilling second Test on the Anna
j. Kendall farm. The Dents run pool
, is the only one that has been furnish.
ing gushers. F. W. Bartlett's No. 3 on
! the Z. +. BatSOn farm is holding III at
! 1000 barrels day, since it was shot
| carly in the week.
/ On Hackers creek. Hackers Creek
/ district. Lewis county. j. &. Wilson ha;
the rig completed for a test on the
John Mitchell farm. The gas compa-
MES are starting large amount of
work in Lewis county. On Little Ten
Mile creek, SardiS district, Harrison
county, Carter & Sheets have made A
location on the r. l.. AshCraft farm
On Wheeling creek, Proctor district,
| Marshall county, the Manufacturers
Light and Heat company has started
| to drill test on the V. c. Yoho farm
In Liberty district the Patterson Glass
company has started to drill a test on
the J. II. McCraCken farm. Tho Car
negie Naural Gas company is drilling
tests on the ]. II. Mackey and John