NEW YORK. Shares of $100. black. No 287. Vignettes of a working oil-well and a man assisting a woman at a water-well. Folds. Inc. 1865 in Urbana, Champaign, Ohio. The production of petroleum on a commercial basis began in Ohio in 1860 at Macksburg and on Cow Run in Washington County. These strikes caused great excitement and much activity in the formation of new companies such as this one. First time offered by us.