60 NEW YORK STATE MUSEUM 



is indicated by the response which the production showed in the 

 past year as a result of increased field work under the stimulus of 

 the improved market. 



The returns of the pipe-line companies and other shippers of 

 crude oil for the year 1913 indicated a total run of 916,873 barrels. 

 Compared with the total already given for 191 2 there was a gain 

 of 134,212 barrels or about 17 per cent in the output. This did not 

 quite restore the production to its earlier level, since in 191 1 the 

 yield was 955,314 barrels and in 1910 it amounted to 1,073,650 bar- 

 rels, but it demonstrated that the industry is still capable of expand- 

 ing its yield in response to favorable conditions. A further gain 

 may be looked for during the current season should the market 

 continue on the present basis. 



The quotations for Pennsylvania oil, which apply as well to the 

 output of New York wells, have advanced rapidly since the severe 

 slump of 1910. The upward trend began to be noticeable in the 

 , early part of 191 2. From the quotation of $1.35 a barrel, which 

 ruled in January of that year, there was a steady advance month 

 by month until by December the prevailing price was $2 a barrel. 

 In January 1913, another advance brought the quotatiori to $2.05 and 

 numerous rapid increases within a short time raised the price to 

 $2.50, at which figure they remained undisturbed throughout the rest 

 of 1913. It was to be expected that such remunerative figures 

 would encourage new drilling and general activity in the producing 

 industry, as in fact took place. 



The record of field work, as compiled monthly by the Oil City 

 Derrick, showed that 512 wells were drilled in the New York 

 field during 19 13. This was more than double the number drilled in 

 the preceding year, when the total reported was 246 wells. In 191 1 

 the number was 195, and in 1910 it was 283. The increment of pro- 

 duction from the new wells amounted to 810 barrels, as compared 

 with 278 barrels in 1912, 201 barrels in 191 1 and 368 barrels in 1910. 

 Of the number of wells completed, 48 were dry, against 66, 59 and 



61 respectively in the previous years. 



The output of oil in the State during the last two decades is given 

 in the accompanying table. The figures for the years 1 894-1903 

 have been taken from the annual volumes of The Mineral Re- 

 sources and those for the following years compiled from reports 

 rendered by the pipe-line companies and shippers who operate in the 

 State. The list of these companies follows ; Columbia Pipe Line Co., 

 Union Pipe Line Co., Fords Brook Pipe Line Co., Buena Vista Oil 



