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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 01, 1954

Page

10

Commissioner Earl C Cayton seeks re election in Potter County

Potter County commissioner for Precinct 3 Earl C Cayton announces his candidacy for re election. He thanks voters and taxpayers for past cooperation and cites his business like administration and extensive public service in Armstrong County and local institutions. He lists community ties with West Amarillo Christian Church Chamber of Commerce and Kiwanis Club.

Earl C. Cayton Potter County Cayton Mississippi Commissioners Court Armstrong County First State Bank Claude West

Amarillo Livestock Market Prices Slip in Roundup

About 8 000 cattle and calves sold at Amarillo with bearish bids and many lots passed. Slaughter steers and heifers fell about 1.00, cows 1.00-1.50 lower. stockers 2.00-3.00 down. Good stocker calves 16.50-20.50, common 10.50-13.00. Fort Worth and Chicago reports also note weaker bids and lower prices across cattle and hogs.

Amarillo Agricultural Marketing Service Amarillo Livestock Auction Co Chicago

Dry hole yields new oil strike in Oklahoma district

In Creek County Oklahoma a No 1 Mills well drilled in 1949 missed Wilcox sand. Sus Barry Joe Jones and others reentered 80 acres and frac treated the Dutcher to produce 1200 barrels daily, now 110 barrels with an established plan to test upper Wilcox sands. Phillips reports the largest Pictured Cliffs gas well in the San Juan Basin flowing 22.8 million cu ft daily. Phillips controls about 275000 acres in the basin including 66000 acres on Jicarillo Apache Reservation land.

Edna Creek County Oklahoma Wilcox Sus Barry Okmulgee Joe Jones Shawnee Joe Caldwell Tulsa Ed Campbell Denton Texas Barry Jones Phillips Petroleum Company San Juan New Mexico Colorado Rio Arriba San Juan Basin Pictured Cliffs Phillips Jicarillo

Jet Fuel Contract Awarded to Continental Oil

The Air Force awarded a 57.5 million gallon jet fuel contract to Continental Oil Co. for nine months starting June 1. About 21 tank cars or 30 trucks daily will be dispatched from the Conoco refinery in Ponca City Oklahoma to supply B47 Strato jets B-52 Superforts F-84 Thunderjets and F-86 Sabrejets.

Ponca City Okla Air Force Continental Oil Co Conoco Harold G. Osborn Osborn

Three New Oil Locations Dishonored in Hockley County

The North Permian Basin adds three new locations in Cochran County last week. Slaughter Field completion reports 100 barrels of oil plus 2 percent water from the Dean 4 Co. St. location at depths around 5,060 feet.

Hockley County North Permian Basin Cochran County Humble League

Slump In Texas Drilling Meets Mixed Results

Texas oil and gas activity fell slightly in the past week yet overall completions outpace last year. Operators drilled 348 wells with 205 oil producers, 16 gas producers, and 127 dry holes. Oil completions total 4,828 this year, gas completions 505, wildcatters 73 dry holes.

Austin Texas Oil and Gas Wildcatters Railroad Commission

Sun Oil Names Assistant Purchasing Agent in Dallas

D. Ray Langford is appointed assistant division purchasing agent for Sun Oil Company's Southwest Division, effective June 1, announced by S. M. Gladney. He will assist H. R. Adair in directing purchasing operations. Langford has been a buyer since May 16, 1949 and heads committees in the Dallas Purchasing Agents Association.

Dallas D. Ray Langford Sun Oil Company Southwest S. M. Glad‘ney Mr. Langford H. R. Adair Sun Langford The Purchasing Agents Association of Dallas

Tulsa forms LP gas distributor for Standard Oil network

A Tulsa based subsidiary, Tuloma Gas Products Co., created by Standard Oil to sell liquefied petroleum gas nationally, will handle LP gas sales for Standard Oil and for Standard Oil and Gas Co. States like Texas Oklahoma Kansas and Louisiana curb production under conservation laws with demand based allowables. Through 1953 production drops by about 300000 barrels daily and imports claim more market share. A towboat on inland waterways delivered 123 million gallons of petroleum products and traveled 53 512 miles in a year alongside vehicle shipments.

Tulsa Standard Oil Co Indiana Standard Tuloma Gas Products Co Stanolard Oil and Gas Co Texas Kansas Oklahoma Louisana Inland Waterways of America

Oil Well Output and Crude Price Metrics

The average oil well in this country yields about 12.7 barrels daily. The typical crude oil price is $2.82 per barrel.

Osage Election Dominated by Oil Controversy

In Pawhuska Oklahoma ahead of June 7 Osage voters face a contest among the Cooperative Party and rivals over oil policy and royalties. Water flooding boosted output from 19 000 to 31 000 barrels daily and royalties shifted from one sixth to one eighth, a point of dispute for some members.

Pawhuska Okla Oklahoma Osage County Cooperative Party Wah-Shah

Rules Adopted for Littlefield Oil Pool

The Railroad Commission of Texas issued field rules for the Littlefield oil pool setting 20 acre spacing per well and a 73 barrel top allowable in and out of town. Wells on under 20 acres receive half their allowable plus a proportionate part of the other half. Independent operators and royalty owners expect faster, more intensive development. Texas Company and Stanolind favored 44 acre spacing and 75 percent allowable on smaller parcels. Clint Griffin and Arthur Jones, local realtors, pressed for similar rules with backing from the Chamber of Commerce and Jaycees.

Littlefield Railroad Commission of Texas Texas Company Stanolind Clint Griffin Arthur Jones Railroad Commission Littlefield Chamber of Commerce The Jaycees

Cities Service rolls out New 5-D Koolmotor oil

Cities Service announces the New 5-D Koolmotor motor oil designed for year round performance across starting warming up and highway ranges. The oil purportedly covers SAE 10W to 30 in one product and resists thinning heat and thickening cold for better cold starts and high temp lubrication.

Devonian oil strike boosts Lea County wildcat plans

A Devonian discovery in East Lea County near Hobbs by Hamon Warren Oil and Gulf subsidiary reports a 24 hour potential of 720 barrels of 43.8 gravity oil with three to one gas oil ratio, 12 140 to 12 171 feet open hole. Offsets and additional wildcats are planned across Lea County, North Eddy, and nearby areas. The Texas Company and Gulf Oil No 1 D Lea State is noted as a second producer in the Devonian field and overall oil finding costs are stated.

East Lea County Hobbs Jane L. Hamnon Warren Petroleum Corporation, Oil Division Federal Davis Gulf Corporation Amerada Petroleum Corporation Lea County Nelson Bunker Hunt Trust Estate Saundersfield Shell Oil Company Spencer Lovington Stanolind Oil & Gas Company North Eddy County Jake L. Hannon Warren Petroleum Corporation No. 1 Federal-Davis Hamon Fannye M. Holladay R. Stone Texas Company Gulf Oil Corporation Lea State North Schools Lea Country Richardson & Bass Fort Worth

Magnolia Finals Andrews Well Recompleted as Dual Producer

The Magnolia field well known as Falken CB No 1 in Andrews County originally completed in July 1953 has been deepened and recompleted as a dual producer from Ellenberger and Devonian formations. Total depth 13 860 feet with potential 398 barrels daily from Ellenberger and 375 from Devonian.

Houston Magnolia Et al Ellenberger

Lion Completes Wildcat Test in Morgan County

Lion Oil Company reports a wildcat in Morgan County Colo Bruce No 1 in section 26 township II range 58W flowed oil from 5763 to 5774 feet in J Sand during a drill stem test. Casing is being set and potential pending completion. Lion holds substantial nearby lease acreage. Domestic petroleum demand in 1953 is seen rising five to six percent over 1952.

Dorado Ark Lion Oil Company Morgan County Colo T. M. Martin Township II Adena Lion Martin

Also Mentioned on This Page

J. R. Brown Y News Dowes Chemical Company Ralph Wilson, Jr Schlumberger Corporation Frank Fagan Dwight W. A. Doty Western Company John Timothy Baroid Company Jim Kirk Baker and Taylor Drilling Company J. G. “Whitey Voelm W. D. Blackmon B. N. Cheatham Jim Brewster Bill Baker Clarence Gibson Amarillo Country Club Ross Rogers Continental Dennis the Menace C. S. Dean Labor Millis Rotary Levelland Mills Csl Slaughter — Warren-Bradshaw E Dean Lipscomb CSL Hockley Lipscomb Csl Osage Littlefield Pool Helene Spider Big Ben Bolt Les Cities Service Pentagon New Lea County Pool United States Andrews Uhlmann Grain CO. Commodities Uhlmann & Benjamin Amarillo, Texas Tom C. Dunn Glutz Grocery Bugs Bunny Brenda Starr
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