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It is Certain to be a Good Well. The Richburg well_was torpedoed:on time yesterday in the presence of a large number of people. The strike had awakened wheen thereat along a class of citizens and land owners, who, up to within a few weeks, little suspec ted they were liable to become million aires and get completely covered with grease and glory. About twenty minutes after the shot the well reported for business, and put three or four inches into the tank in short order. One flow was lost while bailing. At six o'clock, or seven hours after the shot, the well had done fully forty barrels, and it would not be surprising if it should sore well up to a hundred barrels the first twenty-four hours. The judgment of cool-headed observ ers unite in placing the well at a safe ten barreler, and very likely to prove even better than that. The work of torpedoing was per formed by C. P. Taylor, one of the owners. Efforts were made to delay his operations, evidently to improve the opportunity to secure lands or leases. Such efforts were not, how ever, successful. Bang! went the torpedo‘“on time,” and then the farmers had some proof of the vale of their lands. It is lucky for them that the irrepressible QO. P. was pushing things.” The reader can only faintly imagine the excitement which followed, and which still attends this new develop ment. It opens up a ‘new field, or rather extends the first one almost indefinitely. It destroys all telr theories, and proves the Wellsville field a broad, irregular and reasonably productive one, which will not only invite active operation, but will tempt wildcat ventures from Buros and An dover on the north and east to Olean and Fildred on the west and south. But best of all the immediate bene fits is that derived to the towns of Wirt and Bolivar, and not less, per haps, to Wellsville. The villages of Richburg and Bolivar will rise under a new and active inspiration, and the trains of the now-assured” “Wellsville, Bolivar Eldred Railroad will wake the echoes of those towns long before the snows of another winter whiten the earth. Congratulations, warm and sincere, are therefore in order. _ LATER. The news from the Richburg well up to 11 o’clock today places it fairly at the head of all our local producers. At the close of the first 24 hours it had put into the tank twenty-seven inches of oil, or between seventy and eighty barrels, besides one row of 10 or 12 barrels lost entirely. The last flow which the well made was its largest. It rested from 2 this morning until 11, and then put in a little over six inches—or not less than 16 to 18 barrels. This warrants the well the best one in the field. 1¢ shows good territory. Excitement increases, and prices of land tend upward. Good judges now believe the Rich burg well good for not less than twen ty to twenty-five barrels when it set tles down to business, and perhaps even better than that.
Newspaper Details
Wellsville Daily Reporter
Wellsville, New York, US
Thu, Apr 28, 1881
Page 3
Full Page
Clipped by
William D.
USA 13 Jun 2026
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