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Corpus Christi Caller Times Newspaper Archive: May 19, 1968 - Page 99

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Publication: Corpus Christi Caller Times

Location: Corpus Christi, Texas

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   Corpus Christi Caller-Times, The (Newspaper) - May 19, 1968, Corpus Christi, Texas                                OIL HORIZONS Texas Gets 7 Drilling Permits Seven hew drilling permits three wildcat four field loca issued by the Texas Railroad Commission Friday to end theweeks oil and gas activ ity in South Texas Goliad Jim Hogg and Live Oak Counties shared the explorers while Kle berg Nueces Webb and Zapata divided the fieldlocations CALKOUN George RBrown No 1 State of Texas Tract 97 Webb Point Field miles southeast of Austwellin was plugged and abandoned at 9i254feet cox explorer six west of George The No 1 Albert Burelldrill site location will 187 feet from the line and 2031 feet from the southeast line of Owen Gaffney Survey A18S R R Darner Wichita Falls operator plans immediate drill ing of a 5400foot South Clara Driscpll Field test one mile east of Driscoll No I Moody scales 2840 feetfrom theeast line and200 feet fromthe north line of Sec tion 110 in the George H Paul i Subdivision of DriscollRSnch GOLIAD V I Kiowa Minerals CovHouston REEUGIO plans imrnediate drilling of Trident Corpi Woodsboro has 10miles west of deep wildcat Goliad Projected feet the TsT6 1 E P Neyland scales 1400 feet frbnv the northeast line and 1500 feet from the northwest line of JCallahan Siirvey A91 MerifJian Exploration Co No IWilliam wildcat 35 miles west of Goliad was a dry JIM HOGG Southwestern Oil Refining Co will be operator for a 5BOO foot County wildcat 21 miles south of Hebbronville theNo1 Reuben Holbein is from the east line and 26100 feet from the north line of Agaa Nueva De Arriba Grant A257 Humble Oilhas potentiated the Fstringof the 400McGili Brothers for a daily flow of 82 barrels of 42S gravity oil plus a trace o water The tubingless completion has a gasoil ratio of 10301 V Located 95 miles northeast of Santa Elena the Deep Kelsey Field well produces from perfor redassified from gas to oil the No 7 JF HoHghton in Bonnie View Field V Producing from perforations at 456264 feet the well poten tialed on gas lift 49 barrels of 24 gravity oil a day plus 32 barrels of water with 580 pounds tubing pressure Gasoil ratio was 150 yfCTQBIA Amerada Petroleum Corp has finaled on workover a Blooming ton Field gas well mile north of Bloomington L The 5 H A Heinswas gauged for an absolute open flow of 102000million cubic feet of dry gas aday fromperfora tions at 571116feet Flow pres sure on 784inch choke was 2142 pounds and shutin pres tsure was 2151 pounds The workover is in F Perez League A93 WEBB ations at 549295 depth is 6505 feel feet Total NEW DIMENSION IN BEILLING This revolu tionary new liquid percussion drill developed by Pan American Petroleum Corp turns and hammers at the same timevincreasing byas mudras five times for oil and gas inhard formations Shown with his the bit at a drillsite isR PVincent project leader during de of the tool The entire tool rotates in the cpnventibnal manner while the portion between the bitand the gap moves up and down move than 2000 times a minute Outline Oil Corp Dallas has gained location for a 4300foot Moos Tield test three miles northwest of Mills Bennett Location of the No Moos will be 660 feet from the north line and 1320 feet from the east line of the 160acre unit and Sec fion 24 in CCSD EGNG Cert 412 A2402 Marathon To Sell Operations to Gulf FINDLAY Ohio Marathon Oil Co has reached an agree ment to sell its retail marketing operations in Italy to Gulf Oil Corpaccording to Grant H Marathons senior vice president refining and market ing expected to be concluded by June 30 The network includes 1127re tail outlets located throughout Italy and Sicily and supporting distribution facilities Marathon has operated in Italy since 1964 through a whollyowned subsid iary Marathon Jtaliana Petroli SpA NoSmog Gas Woiild Cost More PHILADELPHIA 31 Motor ists would have to pay more for gasobne if its makeup were changed to reduce air pollution the American Petroleum Insti tute said this week Dayton H Clewell senior vice president of Mobil Oil Corp speaking at a meeting of the API division of refilling sum marized some findings of air conservation research projects sponsored by API Researchers have foundthat evaporative losses of gasoline from automobile fuel tanks and carburetors can be reduced ther by changes in fuel compost tiotior by adding control de vices to vehicles hereported He said four approaches to changes in fuercompositiori had been testedaridVfouhd to be less effective7 iii reducinghydrocar bon emissions from cars than mechanical contr61 devices would be rClewell said it was indicated 5hat tie most effective of fuel changes tested would be more tiian five times as costly to the motorist as the control device i in the re search projectsindicated that he average motorists gasoline bill would increase about over a period if refiner ies had to producegasoline with vapor pressure athalf tJie cur rent ieyel This would achieve an estimated reduction of 38 per cent in hydrocarbon emissions Tomthe car By comparison an efficient device to control evaporation osses could cut total hydrocar emissions from the car by 52 per cent The installed cost of such a device would be about he estimated KLEBERG Humble No MB16 Kins Ranch Borregos is a proposed 2APATA 7000foot Borregos Field testin Texaco will drill a 5BOfoot Joe miles southwest of Kingsville Mrss Field test 12 miles south Tfae Oil Executive Doubts i i Overseas Curbs Help Payments Problem Discussed By MAX B SKELTON AP Oil Writer HOUSTON A major oil company executive says the wis dom of trying to solve the bal ance of payments problem by fastening restrictive limits on business investments outside the United States is dubious Historically the return on business investments abroad has been a major factor in taping up the favorable side of oiif pay ments balance said John E Swearingen board uchairman of Standard Oil Co Swearingen discussed balance of payments problems in an ar licle publishedin the spring edi jonof Indiana Standards stock magazine Federal Aim He said Indiana is cooperating with federal objectives by volun tarily restrictingthe levelof spending outside States to help ease the dollar drain y v We r a i s e d money abroad through three European debenture issues totaling more than million to reduce the amount of capital needed from the United Statesto finance our oreip expansion of cqurse comply rath the new limitations Nqver heless we think the dangers implicit in this approach to the jroblem should be dearly rec ognized Any extended limits ron he ability of United States xom Location will he nnrlhnwihwest of MB5 east of Bustamente to be known and as the No A13 M T G De 1440 feet Norlhnortheasf of jGarcis Location will be 50 feet MBS in Sanli Gertrudis Grant i from the northwest line and 250 Kilroy LIVE OAK Company of Texas Inc will drill an SJWMoot WiJ fert from tlie northeast line of Section 27 in Anastacio Garcia Charco Redondo Suney A 151 Meal Clayton local geologist will address a meeting of the Corpus Christi Geological Socie ty tomorrow at noon in the Rob ert Driscoll Hotel A consultant in the Vaughn Plaza for the past four year Clayton will discuss Exploration for Shale Intru sions in OlifiooeneFrio Tread of South Texas A native of Ripksy Miss Clayton rpcpjvcd a BS dngrct from Mississippi College and a 31S depren from Louisiana Stale University His geophysi cal experience has been with Humble Mobil Kohio Cosden and several contractors Since coming lo Corpus Chris in 1061 he luis served as pres ident of the Coastal Bend Geo physical Society and as District Representative to the SEG By VONDA DAVIS CallerTimes Oil Editor The aiuiual Seguin picnic sponsored by Ihe South Texas Geological Society will be held Saturday at the Chaparral Coun try Club in Seguin A golf tour nament and barbecue are in cluded in the family gathering Teeoff time will be 8 to 10 am Tickets are including food Picnic begins at 1 pm with barbecue at pm accompa nied by a western band Ad vance tickets for picnic and bar becue are 275 for adults at gate Children under 12 l Over 5flO total prizes will be awarded in Soft ball bingo bridge tournament tennis swimming and games for chil idrcn Tickets may be purchased jat Nixon Blue Print Co here t j pendent Producers Royalty Owners Association May 2628 A threeday sem inar on Low French Tide Uncovers Plane CALAIS France Low tide Friday uncovered a plane j presumably of World War II Kvith the pilot still at the eon jtrols Its origin could not be de consists of combing two oil field itermined immediately The body techniques cementing and acemetery draulic fracturing to place such as OIL NEWS SUNDAY MAY191988 PAGE 3D panics to invest abroad for fu ture growth threaten to defeat the purpose for which they have been adopted While a better balance our national spending outside the United States and theincome we re ceive from abroad is essential the business community cannot realisticallybeexpected to solve the problemon its own Expresses Hope E board chair manof the Sinclair Oil Corp also has expressed hope the for eign investment rules being fin alized by federal officials will not betoo restrictive Theopportunity to find and develop large reserves abroad is good States for n investment regulations are hot too restrictive and foreign axes not increased too greatly operations abroad can still be profitabel Steiniger told the annualv meeting of S in c lair Weimust continue our for eign interest to remain competi tivehe said We may need to borrow a small sum abroad this year to comply with the foreign investment rules now being es tablished Swearingen wrote that the United States currently is bank er to the world and that it is that federal officials retain the worlds confidence through sound internal fiscal policies Seasonable Balance This includes keeping a rea sonable balance between pur foreign spending and the income we receive from abroad and no one would quarrel with such an obiective he said However the wisdom of trying to reach this desirable goal by fastening restrictive Jim its on business investments out side our country is dubious par ticularly if they are allowed to continue for any length of time Sweanngea said the petroleum industry is an excellent example of how business investment abroad has assisted in building a favorable payments balance In 1965 and 1966 the US oil industry made an average net contribution of million to our countrys balanceof pay ments while all other US in dustries combinedfatcounted for an average net drain of million he said If limits on the US oil In dus trys ability to expand abroad are kept in effect for very long the loss of ground to foreign competitors will reduce the industrys future dollar earn ings even jmtore se vere balance lems faced of Stratigraphic Data will be held May 2224 al the Communiand cesium 137 in theearth A ty Theatre in Midland feature of the process is School of Nondestructive Testthe use of specific clay minerals ing and Stress Analysis is being sponsored by the University of Southwestern Louisiana Oct 21 25 and Oct 28Nov 1 Persons interested in the school should write to The Petroleum Engipreparations to expand its Slo neering Department P 0 Field pilot steamflood pro that absorb the radioactive ions j present in the nuclear waste Sliell OH Company is majdng 4690 USL Lafayette La The 14th annual meeting of the American Association of Pe troleum Landmen will be ini1 jcct in Anderson County The announcement comes only a lit more than a year after Shell WASHINGTON in Rep Ed win E Willis DLa plans to introduce Monday a new bill for distribution of titlelands oil revcj nues The measure would permit Louisiana and other coastal states In keep a per cent share of receipts from mineral production in the outer continen tal shelf adjacent to their own coastal waters Such receipts now go to the federal govern ment Willis measure will be called the Marine Resources Conserva tion and Development Act It would provide that the re maining per centof outer continental shelf estimated million annually be used to set up a r marine resources conservation and development fund Pollution Control Under the bill the develop ment fund money could be used for water pollution control and abatement in the Great Lakes on the continental shelfsand in estuaries and other adjacent areas The money could also he used for aquaculture prevention of beach erosion hurricane protec sSSpiv STGS has sponsored the Oil JSif picnic for more than 35 i W Grissom son of Grissom 1013 Peer was lOfi sons andj 1 of Marathon Oil Co who were honored re for outstanding academic 3 by Marathon Oilj inc Randy a soph at Texas Christian v li Ho it r tl Lf 1 it IM lid v o irajoring in mathematics will I k continued aid for his NEAL work during thej liificheon school year a member of the AAPG Corpus ChrisH Landbnans inu olrlj 196S CCAPL Golf will be Friday at 11 J Country Club Tee off j6l311uS i will be 3 am to 1 pm are a person 1 members and guests includes green fees barbe drinks and prizes Those desiring to play in the tour Lion aid to seagrant may attend the barbe isheries development beginning at pm Price yaphic research and a person Contact Bill ment and maintenance of P 0 Box 2448 or TU2 front recreation not later than Tuesday Willis and other members of he Louisiana congressional delegation introduced a somewhat similar measure last year National Association of Corrosion Engineers will meet Tuesday at pm in the Pe ill would have divided 62 per cent of the revenues among all he slates on a population basis federal agencies opposed Club Ed Hiltpold will be guest speaker at the dinner meeting His topic will be Inplant neasure because it would have eft nothing to the federal Arnold of Odessa has joined Longhorn Supply Compa Some Agencies Support could come Willis feels from some federal agencies for the new bill because the ulk of the revenues would in Houston as sales representative Arnolds territory will be all of South Texas and the Texas Gulf Coast including Corpus Christi and San Antonio for the marine resources projram to be administered by the interior department Willis believes that iiecause his new proposal Antonios El Ttopicano Motor Hotel will be headquarters for the 22nd annual meeting of the Texas Inde jenefitmany states and ie in with a national interest in development of resources otlier states will support the proposal They REPORTS some states iji the past have regarded tidelands oil Locations and Woikovers as a Louisiana grab SI 000 Per Month and Completions i Copy of RRC Forms 11413354 Pumping Unit j IS HP Electric Motor For Sole by AND GAS REPORTING SERVICE Coll Qeod ijotj net cost It pavt PO Box 2645 Fort Worth headquartered aljbegan its pilot steam injection the Hotel Texas Tune 1113 liprogram to recover the heavy C Manner vice president Roicj of the wilcox Carrizo sand in Drilling Co and W E RobLu ertson president Suniland Oilhe both of Fort Worth general cochairmen for jthreday meet Sunrav DX Oil Co was grant d a niofion for in of East Texas areThe new activity is described as a modest expansion of the pro ject which is presently produc ing some lSOO barrels a day of 19 degree API extremely vis cous crude Circuit Court of Appeals in Sunray is scheduled to sub a brisf to the court hv Mayimoma Helmerich Payne inc One of the worlds largest am plants with a rated ca of 3500 tons a day will scheduled to file its brief buiUc l Bai0 Grande 0 the May 21 If Sunrav desires to rcishore 0 Lake Maracaibo Vcnej plyto the Helmerich subsidianesof three line 3 m3or US oil companies and jOral ailments are Venezuelan Petrochemical for June 5 before the IVP A was an panej jnounced The new facility is scheduled to go into production data pro Louisiana Arkansas Petroleum Information the nations leading collector pro cessor and publisher of oil and gas well data will open offices1 in Shreveport June I The addii tional office the 27th in the naj tion for the firm has been necessary by well grams underway in Texas and southern Larry Hancock formerly dis trict manager at Salt Lake City will be in charge The Halliburton Company an nounced that it has been granted a patent covering the disposal of dangerous sometimes deadly radioactive waste byproducts jy entombing the materials in impermeable rock deep under ground Don H Hathron man ager of research for the compa nys Halliburton Services divi sion with headquarters in Dun can Okla said that the process in mid1970 The participating companies are Venezuelan Sun Oil Co Venezuelan Atlantic Re fining Co and Texaco MaracaiJ bo Inc and Texaco Seaboard j Inc subsidiaries of Sun Oil Co j Atlantic Richfield Co and aco Inc respectively Tenneco Oil Company has ex panded its oil exploration inter ests into a large portion of the Red Sea alongthe Saudi Arabi an coast S V McCollum exec utive vice president announced An agreement covering three Red Sea concession blocks total ing approximately 10300 square miles has been signed by a subj sidiary Tenneco Saudi Arabia Inc with the French govern1 mental oil agency AUXERAP La Societe Auxiliaire de LEnlreprise de Recherches et DActivites Mc Collum said AUCTION MAY 22 10 AM G W RENTAL SERVICE and JOHNSON WELL SERVICE Johnson Well Service Yard Hwy 281 South Alice Texas m MINiMUMS NO RESERVATIONS Well Servicing Unit Cardwel double drum air dutch unit pow ered by CMC 6V53N diesel engine with Cardwell 66 tele scoping derrick mounted on carrier powered by CMC 353N diesel en gine Pump GD Model FXFXB 5x8 pow ered by GMC 353N diesel engino Tongs 20 assorted powered long units complete with jaws howls etc Roiling Stock 1968 Ford F350 equipped lo operate tongs 1965 Ford F350 equipped to operate tongs 1965 Chevrolet 1963 Ford F100 1962 Ford F600 winch truck 1961 Ford F350 equipped to operate tongs 1966 Plymouth Belvedere 4door 1960 Raven 8xl5 house trailer Other Equipment and Miscel laneous Large assortment of cas ing elevators and casing slips air slip controls torque gauges rams trailer mounted air compressors light plants 4 100 watt mobile radios extra engines too houses electric grinders electric drills welders steam cleaners cutting torches lloor jacks and 100sqf other related items Write wire cull for illiisirattd brochure EAEKSDA10S JUCTIOKEEBS Meadows Bldg N Central Expressway Dalias Texas 75206214 EMerson 35539 AUCTION MAY 2810 JIM CARDWELL MFG CO Hook Trucking Co Yard Hwy42atHwy746 5 miles south of Cardington Ohio NO MINIMUMS NO RESERVATIONS DRILLING RIG 1 Ideco Hydrair H35 rotary drilling rig complete with LCM 93 cantilever mast sub structure powered by 2 Cummins NH220B1 diesels with ail neces sary accessory equipment for drilling WELL SERVICING UNITS 1 Wilson Mobile single drum 11 Cooper Model E single drum w Wilson Super double drums 1 Wilson Senior double drum 1 Wilson Senior single drum 1 Franks 65 double drum SPUDDER 1 BucyrusErie model 48Ls TRUCKS 4 TRAILERS 1 1964 CMC 4000 oilfield winch truck I 1956 IHC 190 tandem 70bbl water tank truck 1 1954 IHC R190 tandem winch truck 1 1954 IHC R190 oilfield winch truck 12 28 tandem oilfield floats OTHW MAJOR EQUIPMENT AND MlSCilUNEOUS 1 1956 Cat D6 dczor 1 Guiberson rotating head wiih JU stripper reverse unit 30CO Hydril drill pipe cable tool equipment Including stems bits jars elevators and fishing tools hails swabs sockets stems elevators blocks hooks substruc tures engines power tongs tables swivels hoses tanks pumps wire line weight indicators air com pressors racks light plants spi ders kelly drivers catwalks metal houses kellys bails kelly cocks and lOQs of related items PLEASE NOTE THE FOLLOWING ITEMS WHICH ARE ADVERTISED IN OUR BROCHURE HAVE BEEN DELETED FROM SALE DRILLING RIG 1 Ideco 11B WELL SERVICING UNITS 1 Wil son Super double double drum with 65 pole mast 1 Wilson Senior double drum mounted on CMC 5000 truck carrier SPUDDER 1 BucyrusErie model POWER TONG 1 ByronJackson mounted Write wits call for illustrated brochure PAMSEAYES MGTIOKEEES Meadows N Central Expressway Dallas Texas 75206214 EMerson 35539 CARDWELL MFC CO 5802 South Houston Texas NO HINIKUHS HO RESERVATIONS NEW SERVICING UNIT 1 Card wet Model A150A doubls drum complete WEI SERVICING UNITS 1 Card well K210 double drum 1 Card well KB200A59 single 1 Wilson Super 38 double dram Z Franks 658 dotibla drums 1 Wilson Super 38 single drum 3 Wilson Super double drums 1 CardwellKZOO doubls drum 1 Wilson Senior double drum 1 Wilson Senior single drum 1 Franlcs Super Senior Clipper 658 TD single drum 1 Wilson dou ble drum hoist 1 Cardwell Model L double drum SWABBING UNITS 1 Parkersburg OSC2 truck mounted servicing pup winch 1 Franks East Texas Special truck mounted 1 Cooper Model N winch unit OTHER MAJOR EQUIPMENT AND MISCELLANEOUS Quickway Model E truck mounted crane P M truck mounted hydraulic ditcher Casa 310 tractor wth backhoe and front loader Silent Hoist Krana Kar Model 510 Elwell Parker elec tric fork lift Ross fork lift new HillmanKelley power longs 2 new Stawart Stevenson arcp I2QZ08 volt 3phass generators powered by GMC 271 diesels 4 Westinghouse 20KW generators powered by LeRoi engines Allison Torqmatie transmissions power tongs Koomay BOP control units kelly cocks mud pumps BOPs masts substructures sngines hoists tables blocks hooks swi vels hoses butane and diesel tanks hydraulic pumps wireline slips elevators weight indicators mudtanks air compressors subs racks Irght plants spiders kelly drivers catwalks welders water pumps steam cleaners metal houses kellys bails overshots converters winches and 100s of related items Watch for Other Cardwell Auctions May Texas May Ohio Writt mt call for illustrated irocbuul MCTIOffiEES Meadows EWg N Central Expressway Dallas Tixas 75206214 EMtrson 35539 THE SECRET RECIPE FOR PROFIT Take the secret recipe for Americas favorite pizta add a proven franchise program and you tiave sure profits in the making Pizza Inns success and popularity are no secret to themore than 500 franchise owners from coast to coast or to the growing millions of loyal Pizza Inn customers Discover how Pizza Inns program of operation training advertising and promotion assistance pave the road to profits of to per month If you qualify a protected investment of can link you to a profitable future in the Pizza Inn chain For franchise information writs to PI2ZA INN INC 3320 Dalworth Arlington 76010 Coastal Iron Works Inc Still on the Move Coastal Iron Works shows another example of its contribution to the econo my of the Port of Corpus Christi The barge shown above is now on lease purchase serving tho bay area May we build one for you Main Plant 113 E Port Avenue 8845581 Shipyard Navigation Boulevard 8828807   

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