Researched by Dick Palmer/Transcribed by Ron
Taylor
Wellsville Daily Reporter
April 28, 1881
RICHBURG WELL
The Work of the Torpedo Yesterday
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 a keen interest among a class of citizens
and land owners who, up to within a few weeks, little suspected they were liable to become millionaires 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 score well up to a hundred
barrels the first twenty-four hours.
The judgment of cool-headed observers unite in placing the well at a safe ten barreler, and very likely to prove even better than that.
The work of torpedoing was performed by O. 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, however, successful.
Bang!! Went the torpedo “on time” and then the farmers had some proof of the value of their lands! It is lucky for them that the irrepressible O. P. was “pushing
things.”
The reader can only faintly imagine the excitement which followed and which still attends this new development. It opens up a new field, or rather extends the
first one almost indefinitely. It destroys all beit 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 Burns and Andover on the north and east to Olean and Eldred on the west and south.
But best of all the immediate benefits is that derived to the towns of Wirt and Bolivar, and not less, perhaps, 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, art 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 flow 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 16-18
barrels.
This warrants the well the best one in the field. It shows good territory. Excitement increases, and prices of land tend upward.
Good judges now believe the Richburg well good for not less than twenty to twenty-five barrels when it settles down to business, and perhaps even better than that.