The Adair County news. [volume] (Columbia, Ky.) 1897-1987, 1920-08-11
OIL NEWS.
by E. T. KEMPER |


During the past week an oil well
with daily capacity of $4,000 barrels
has been reported by the Mexican
Embassy at Washington as having
been drilled in at Vera Crux, Mexico.
Some idea of the value of an oil
Hwell may be obtained by the state
ment of well-known operator, a few
days ago, who reports that he saw a
well near st. Mary's, W. Va, LOO
feet in depth and with daily capac-
ity Of only one-haf barrel, being
equipped for pumping. The quality
Of oil produced by the we'll referred to
is now selling at So. 20 per barrel, so
figure it for yourself. Adair county
will produce oil practically of the
sams grade. =
The Kentucky Oil Age, q weekly
journal to be devoted exclusively to
oil interests, will make its initial bow
to the public at Bowling Green this
week. Experienced journalistic and
oil men be at the helm and they will
have as their motto, absolutely re-
liable oil news, right up to-date and
neither pains nor expense to be spared
in securing it," Such a publication
is badly needed in this State, where
so much capital is being invested and
where so much development work is
under way, and it will be hailed with
delight and ably supported by the oil
people generally.
Mr.. A. C. Phillips, of Philadelphia,
. large oil operator and who has some
prominent men of Pittsburg connect
ed with him, was here during the past
week for the purpose of getting a line
on certain acreage in this section, and
while here he talked very freely Of
the drilling operations he and his as
soctates are to begin, Just as soon as
the machinery now in transit arrives,
in Green county Just over the Adair
line, and in the vicinity Of Pickstt's
Mill. Before leaving town Mr.. Phil.
lips secured from local people short
option on over one thousand acres of
leases located few miles vest Of Co.
Iumbia.
After reaching a depth of some $50
feet where the Pencil cave structure
was encountered, the J. E. Carnahan
Oil Company, drilling on the Flowers
farm, we're compelled to abandon the
we'll for the time being on account Of
their having exhausted the capacity
of the rig. Had they. been able to
have gone as much as. 200 feet deeper
it is confidently believed they would
have struck fine pool of oil, as the
structure referred to above is general
ly from 15O to 200 feet above a paying
sand. The well is producing gas in
such quantities that it is being utiliz-
ed by Mr. John Holiday in the heat
ing and lighting his residence, located
just across the road, and he has the
distinction of being the first one in
this section to enjoy such privilege.
The Carnahan Company has moved
their rig to the Henry Ingram farm,
near Columbia, on the Russell Springs
road, where they are now drilling
well No 2
Reliable information is at hand to
the effect that Syndicate of capital
lists from Chicago and other points
have contracted for the immediate
drilling Of not less than twenty wells
in the southern portion of Russell
county, on the south, side of Cumber-
land river and in close proximity to
the McMead wells, and this is only
one of the many operations scheduled
for that section. The Canadian wells
on the Coffey farm on the north side
of the river, about one and one half
miles from the locality mentioned,
have not yet been tested under the
pump, but they are making splendid
showing by the way the oil is rising
in them, and it is believed they will
prove to be equally as good as the
McMead wells. '''.
McMead Oh Company's we'll No. 4,
n.