Oil Intelligence
Pittsburgh Commercial, December 2, 1864
We learn from J. H. Hughey, Esq., that Heydrick Well No. 58, better known as the Taylor Well, was struck a few days since, and is now producing 100 barrels per day. This well is located on the Armstrong Farm, nine miles above Oil City, and adjoining the Culbertson Run Company property. Opposite the famous Heydrick of other days, which is now producing about 15 barrels per day. The new wells has been purchased by Mr. Isaac Heydrick.
A pamphlet entitled “All About Petroleum and the Great Oil Districts of Pennsylvania, West Virginia, Ohio, etc., by Alexander Von Millern, LL.D.,” has been sent to us with a request to notice. It is a thorough plagiarism. There not being a single original article in the work, as the bulk of its contents has been stolen from the columns of the Commercial.
In relation to the excitement about oil in Fayette County, which seems to be on the increase, the Genius says: “A number of companies are already boring at different points, with encouraging prospects, and other companies are making preparations to commence operations. Surface indications are said to be abundant, and men who have had experience in the business in other places have examined various sections of this county, and were highly pleased with the indications, formations, etc. The best evidence we have heard of the favorable impression made upon the minds of capitalists from abroad, we think, is found in their anxiety to make investments in wells, leases and fee simple, after an examination of the territory.”
