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
and a half-dozen others aided in the demoralization of prices. Murphy
sold eighty acres of lot 619 for fifty-thousand dollars to the McCalmont
Oil-Company. The Anchor Oil-Company’s gusher on lot 647 caught fire,
without curtailing the flow, and was burning furiously as “Jim” Tennent
arrived from Bradford. The scouts had their hands full, with the
“white-sand pools” and the keenest masters of “mystery wells” to demand
their best licks.
Watching Murphy’s dry-hole on lot 633 was Tennent’s initial job. The
Whale Oil-Company’s duster on lot 648 next claimed the attention of the
scouts. It had been drilled below the sand-level and the tools left at
the bottom. On Sunday night, July ninth, 1882, Boyle, Tennent and two
companions raised the tools by hand, measured the well with a steel-line
and telegraphed their principals that it was dry. This report jumped the
market on Monday morning from forty-nine cents to sixty. The Shannon
well on the Cooper tract needed constant care and the scouts divided the
labor. Tennent and Rathbun one night sought to crawl near the well. A
twig snapped off and a guard fired, the ball grazing “Jim’s” ear. In
December Boyle and W. C. Edwards drilled Grandin No. 4 below the sand
before the owners knew the rock had been reached. Its failure surprised
the trade as much as the success of “646.” Boyle actually posted the
guards to keep intruders away and they refused to let W. W. Hague, an
owner of the well, inside the line until the contractor appeared and
permitted him to pass! Boyle and Tennent did fine work north of the
Cooper field. At the Shultz well Tennent, in order to make a quick trip
of a half-mile to the pipe-line telegraph, clung to the tail of
Cappeau’s horse and kept up with the animal’s gallop. Mercury might not
have endorsed that style of locomotion, but it served the purpose and
got the news to Jones ahead of everybody else. Tennent played the market
skillfully, cleared twenty-five-thousand dollars on Macksburg lands and
operated with tolerable success in McKean county. Nine years ago he
removed to his thousand-acre prairie-farm in Kansas, the land of
sockless statesman and nimble grasshoppers.
Public-domain text, read in full here on John Shaqi.
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