Sketches in Crude-oil: Some accidents and incidents of the petroleum development in all parts of the globeMcLaurin, John J. (John James)
History
Sketches in Crude-oil: Some accidents and incidents of the petroleum development in all parts of the globe
McLaurin, John J. (John James)
Petroleum -- History; Petroleum industry and trade -- North America -- History
Two miles east of Miller-Farm station, on the eighty-acre tract of
Oliver Stowell, the Cherry-Run Petroleum-Company finished a well in
February of 1866. It was eight-hundred feet deep, drilled through the
sixth sand and pumped one-hundred barrels a day. The company operated
systematically, using heavy tools, tall derricks and large casing. It
was managed by Dr. G. Shamburg, a man of character and ability, who
studied the strata carefully and gathered much valuable data. The second
well equalled No. 1 in productiveness and longevity, both lasting for
years. J. B. Fink’s, a July posy of two-hundred barrels, was the third.
The grand rush began in December, 1867, the Fee and Jack-Brown wells, on
the Atkinson farm, flowing four-hundred barrels apiece. A lively town,
eligibly located in a depression of the table-lands, was properly named
Shamburg, as a compliment to the genial doctor. The Tallman, Goss,
Atkinson and Stowell farms whooped up the production to three-thousand
barrels. Frank W. and W. C. Andrews, Lyman and Milton Stewart, John W.
Irvin and F. L. Backus had bought John R. Tallman’s one-hundred acres in
1865. Their first well began producing in September, 1867, and in 1868
they sold two-hundred-thousand barrels of oil for nearly
eight-hundred-thousand dollars! A. H. Bronson—bright, alert, keen in
business and popular in society—paid twenty-five-thousand for the
Charles Clark farm, a mile north-east. His first well—three-hundred
barrels—paid for the property and itself in sixty days. Operations in
the Shamburg pool were almost invariably profitable and handsome
fortunes were realized. A peculiarity was the presence of green and
black oils, a line on the eastern part of the Cherry-Run Company’s land
defining them sharply. Their gravity and general properties were
identical and the black color was attributed to oxide of iron in the
rock. Dr. Shamburg died at Titusville and the town he founded is taking
a perpetual vacation.
Carl Wageforth, a genius well known in early days as one of the owners
of the Story farm, started a “town” in the woods two miles above
Shamburg. The “town” collapsed, Wageforth clung to his store a season
and next turned up in Texas as the founder of a German colony. He
secured a claim in the Lone-Star State about thrice the size of Rhode
Island, settled it with thrifty immigrants from the “Faderland” and
bagged a bushel of ducats. He made and lost fortunes in oil and could no
more be kept from breaking out occasionally than measles or small-pox.
Public-domain text, read in full here on John Shaqi.
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