United States Congressional Serial Set Volume 4982 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 Excerpt: ...by months: Production of crude petroleum in the Appalachian oil field, 1X98-1904, by months and years. Barrels of 42 gallons. In the following table is given the avei"age daily production in the Appalachian oil field from 1898 to 1904, by months and years: Average daily production of crude petroleum in the Appalachian oil field each month, 1898-1904, by months and years. Barrels of 42 gallons. Average monthly prices of Appalachian crude petroleum in 190S and 1904. Per barrel of 42 gallons. INDIANA. OPERATIONS IN 1904. Indiana completed more wells and produced more petroleum in 1904 than during an-previous year. It surpassed Pennsylvania in the quantity of its total output and ranked fifth in the list of oil-producing States. The year before it occupied sixth place, and in time it bids fair to surpass Ohio in the yield of Trenton rock petroleum. Unless the present productive area of the Buckeye State is extended or some new sections brought forward for development its petroleum output must continue to decline. On the other hand Indiana has a large amount of prospective territory in sight and for some time past has been completing more new wells every month than its more noted competitor. Ohio, however, has the advantage that it began to yield petroleum a number of 'ears previous to the discoveries in Indiana that led up to the commercial development in the latter State. The total petroleum production of Indiana in 1904 was 11,339,124 barrels, valued at $12,235,674. Compared with 1903 this represents a gain of 2,152,713 barrels in quantity and $1,761,547 in value. The figures for 1904 have never been surpassed since the State became, in 1891, a factor in the world's supply of petroleum. The total production for 1903 was 9,186,411 barrels and the value $1...