The Continental Monthly, Vol. 5, No. 2, February, 1864: Devoted To Literature And National PolicyVarious
History
The Continental Monthly, Vol. 5, No. 2, February, 1864: Devoted To Literature And National Policy
Various
Literature, Modern -- 19th century -- Periodicals; United States -- Politics and government -- 19th century -- Periodicals
Oil was generally obtained in the valley around Franklin at the depth of
about three hundred feet from the surface, for pumping wells; in the
valley of Oil Creek the same stratum was reached at about half that
depth. In all these wells, whether successful as oil wells or not, a
strong body of salt water was obtained, that added greatly to the
facility of separating the oil by its increased gravity. Hitherto the
business had been pursued with advantage and profit to those who were
engaged. The demand was steady and prices remunerative, and visions of
untold wealth were looming up before the minds of thousands. Prospecting
was extending far and near. Every stream and ravine that deflected
toward the Alleghany or Oil Creek was leased, and in very many
unpropitious localities operations were commenced.
But a change now took place in the development of oil proceedings that
wrought ruin in the hopes of many an ardent operator. In the Oil Creek
region, some of the smaller wells having been exhausted, resort was had
to deeper boring. One hopeful theorist imagined that if the desirable
fluid came from a very great depth, it might be good policy to seek it
in a stratum still nearer its rocky home. So down he penetrated,
regardless of the 'fine show' of oil that presented itself by the way,
until at the depth of five hundred feet in the rock, a vein of mingled
gas and oil was reached that literally forced the boring implements from
the well. This sudden exodus of the implements was followed by a steady
stream of petroleum that rose to the height of sixty or seventy feet
above the surface, and was occasionally accompanied by a roaring noise
like the Geysers of Iceland.
Here was a new feature in oil operations. The idea of flowing wells for
the production of petroleum, once inaugurated, was seized upon with
avidity. There was not only a spontaneous yield, but a yield in enormous
quantities. And so a pumping well was voted a slow institution, and all
parties on Oil Creek renewed the operation of boring, and, at about the
depth of the first flowing well, obtained almost uniformly like success.
Public-domain text, read in full here on John Shaqi.
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