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
Phillips Brothers, who had operated largely on Oil Creek and in Butler
county, leased thousands of acres in Clinton and drilled a number of
dry-holes. Believing a rich pool existed in that latitude, they were not
deterred by reverses that would have stampeded operators of less
experience. On August ninth, 1876, John Taylor and Robert Cundle
finished a two-hundred-barrel spouter on the George W. Gealy farm, two
miles north of Kennerdell. They sold to Phillips Brothers, who were
drilling on adjacent farms. The new strike opened the Bullion field,
toward which the current turned forthwith. H. L. Taylor and John
Satterfield, the biggest operators in Butler, visited the Gealy well and
offered a half-million dollars for the Phillips interests in Clinton. A
hundred oilmen stood watching the flow that August morning. The parties
consulted briefly and Isaac Phillips invited me to walk with him a few
rods. He said: “Taylor & Satterfield wish to take our property at
five-hundred-thousand dollars. This is a good deal of money, but we have
declined it. We think there will be a million in this field for us if we
develop it ourselves.” They carried out this programme and the estimate
was approximated closely.
[Illustration: J. J. MYERS.]
The Sutton, Simcox, Taylor, Henderson, Davis, Gealy, Newton and
Berringer farms were operated rapidly. Tack Brothers paid ten-thousand
dollars to Taylor for thirty acres and Porter Phipps leased fifteen
acres, which he sold to Emerson & Brownson, whose first well started at
seven-hundred barrels. Phillips Brothers’ No. 3 well, on the Gealy farm,
was a four-hundred-barreler. In January, 1877, Frank Nesbit’s No. 2,
Henderson farm, flowed five-hundred barrels, and in February the
Galloway began at two-hundred. The McCalmont Oil-Company’s Big Medicine,
on the Newton Farm, tipped the beam at one-thousand barrels on June
seventh. Mitchell & Lee’s Big Injun flowed three-thousand barrels on
June eighteenth, the biggest yield in the district. Ten yards away a
galaxy of Franklinites drilled the driest kind of a dry-hole. In August
the McCalmont No. 31 and the Phillips No. 7 gauged a plump thousand
apiece. These were the largest wells and they exhausted speedily. The
oil from the Gealy No. 1 was hauled to Scrubgrass until connections
could be laid to the United Pipe-Lines. The Bullion field, in which a
few skeleton-wells produce a few barrels daily, extended seven miles in
length and three-eighths of a mile in width. Like the business-end of a
healthy wasp, “it was little, but—oh, my!” It swerved the tide from
Bradford and ruled the petroleum-roost eighteen months. Summit City on
the Simcox farm, Berringer City on the Berringer farm, and Dean City on
the McCalmont farm flourished during the excitement. The first house at
Summit was built on December eighth, 1876. In June of 1877 the town
boasted two-hundred buildings and fifteen-hundred population. Abram
Myers, the last resident, left in April of 1889. All three towns have
Public-domain text, read in full here on John Shaqi.
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