The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-08-08
INDIANA OIL
PRODUCTION
ON UPGRADE
Pumped From Wells Faster
Than at Any Time in
Last Five Years.
SURVEY Is COMPLETED
Petroleum Center of State
in Southwestern
Counties.
SURVEY is COMPLETED

Despite fewer wells and lower
prices, petroleum is being pumped
out of Indiana oil wells at a faster
rate today than any time in the last
five years.
The decided upwArd swing in oil
production in the State was revealed
when Theodore Kingsbury of the
geology division of the State con-
servation department announced
results Of an extensive survey Just
completed.
Eighty thousand barrels of oil
we're produced in Indiana in July
and wells were being drilled or
brought in over territory embrac-
ing twenty counties as emphatic in
dication of the revival Of this in
dustry.
Valued roughly at from $1.2O to
S1.60 a barrel, the $4,000 barrels
produced in the six months which
ended June 80, brought a gross rev.
enue of approximately $65O,OOO to
producers. For the first six months
of 1927 production was only $1,000
barrels.
Fewer Wells Now
Each year shows a greater share
of lndiana's oil production coming
from the southwestern Indiana
counties, while the flow from the
"old Trenton field" in northeastern
Indiana dwindleS,
The change has been gradual over
a flfteen-year period. KingSbury
said. For the six months ended
June 80, this year, $4,000 of the
$4,000 barrels produced came from
the southwestern districts.
Prices usually are the governing
factor in oil production figures" he
said, but it Is significant that the
production in Indiana right
now is in the face of rather low
prices, and fewer wells than a year
ago.
of the twenty-eight wells COM
pleted during July, fifteen produced
oil, four an abundance of gas, and
nine were failures. At the close OF
the month thirty-one wells were
being drilled in different parts of the
State, ranging from Marshall
County on tht north to Spencer
County on the south"
Gibson County Well Big
The best producing we'll of the
month was on the Dave Hutchin-
son farm in Gibson County, which
made an initial production of loo
barrels daily. Another well, drilled
on the same farm several weeks ago
made seventy barrels daily.
A sixty-barrel well was brought
in on the CLARK Stanley farm in
Adams County; e. forty-barrel well
on the F. E. Shattuck farm in Vigc
County, and twenty-barrel well or
the Lee Carlton farm in Spencer
County.
A gas we'll with a pressure of 60C
pounds and a reported volume OF
100000 cubic feet, was completed
on the James Indy farm in Pike
County.
Greatest activity in oil develop
ment in the State is conferred in
the Sioso Pool in the northwestern
part of Sullivan County and the
southwestern part Of Vigo County
conservation department reports
show.
Peak Passed In 1921
Rivaling this in activity is the de-
velopment in the Mount Olympus
Pool on the line between Gibson
and Pike Counties northeast of
Princeton, and in a large area be-
ing tested in Spencer and surround
ing counties. Four wells were COM
pleted in Spencer County and five
are in process of drilling.
The peak of Indiana oil produc-
ton was reached in 1921, when
under the stimulation of high prices
1,163,000 barrels were produced
Production this year is expected to
approximate 100000 barrels.