Jasper County Democrat, Volume 5, Number 20, Rensselaer, Jasper County, 23 August 1902 — JASPER’S OIL FIELDS. [ARTICLE]

JASPER’S OIL FIELDS.

Monday's Indianapolis Sentinel. “The northern oil field in Jasper, Pulaski and White counties promises to develope into one of the best districts for lubricating oil in this part of the country, 1 ” said P. W. Arnold of Jasper county, who was in the city yesterday. “I do not believe the people of the .state know very much about it, as it is of comparatively recent discovery, but we will some day have a great industry there in handling this ’oil. The new’ field can never come into competition with the older and better developed field as our oil can only be used for lubricating purposes, while the other field produces illuminating oil exclusively. “Lubricating oil brings a better price in the market and it requires less preparation to make it ready for sale, so you see that the new industry promises well to start with. Then there is another advantage in that the wells do not have to be very deep. The oil is about 250 feet beneath the surface land much expense of drilling is thus saved when you remember that in the other fields they have to drill between 1,000 and 1,200 feet. The field has not been developed to any great extent yet. but companies have been formed for the purpose of sinking additional wells and within a few years I believe people will know as much about the lubricating oil field as they now do about the other oil districts.”