The Ohio naturalist, Vol. 1, No. 4, February 1901Ohio State University. Biological Club
History
The Ohio naturalist, Vol. 1, No. 4, February 1901
Ohio State University. Biological Club
Natural history -- Ohio -- Periodicals; Natural history -- Periodicals; Science -- Periodicals
The discovery of oil in the Corning field was a matter of accident,
and resulted directly from a scarcity of water for the Toledo and Ohio
Central railroad. To remedy this a deep well was drilled in August,
1891, at the round-house, about three-fourths of a mile south of
Corning. The only water found was in the salt sand which is reported as
having been struck at a depth of 630 feet. The supply was copious, but
the salinity prevented its being used in locomotives. This brine was
shut out of the well by casing and the drill forced down to a depth of
1507 feet. Finding no water at that depth the work ceased, but a few
days later oil was thrown to the top of the derrick, and there were
smaller eruptions later. However further disturbances of this sort were
prevented by the company closing the well.
DEVELOPMENT.—The disclosure made by this well attracted the attention
of oil men who immediately entered the field and began leasing
territory. The citizens of Corning feared the territory was falling
into the hands of the Standard Oil Company, and that it might not under
such conditions be developed for years. Accordingly a home company
styled “The Sunday Creek Oil & Gas Company,” was organized in
February, 1892, to make certain the development of the territory. The
capital stock was placed at $10,000 in shares of $50, and $8900 of
the stock was sold. Much of this was raised by citizens of the town
subscribing for single shares.
The new Company was successful. By January 1st, 1898, 255% in dividends
had actually been paid the stock holders. In September, 1898, a power
for pumping the wells, and costing over $7000, was erected, the
contractor taking the product of the wells until it paid for the plant.
In November, 1899, the property together with $1250—the amount received
in excess of the cost of the plant—was turned over to the original
holders. The power is now (July 1, 1900,) pumping 20 wells, which have
a daily production of 40 barrels.
The first well drilled by this Company was on the William Fisher farm
in northwest quarter section 14, Monroe township, Perry county. The
Berea was struck at 1012 feet, but the indications were so unfavorable
for a paying well that it was not considered advisable to shoot it.
However, on June 2d, 1892, after waiting nearly a month, the well was
shot with 80 quarts of nitro-glycerine, which had been hauled from
Sistersville, W. Va. The cost of the shot was $200. The first day
following the shooting of the well it produced 12 barrels, and a year
later was still producing 10 barrels per day. Following this other
wells were drilled in sections 14 and 15. In all 25 have been drilled,
only 3 of which were dry holes.
[Illustration: THE CORNING OIL _and_ GAS FIELD
BY J.A. BOWNOCKER.]
Public-domain text, read in full here on John Shaqi.
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