Standard Opposes Boost in Oil Price
The Independent Petroleum Association of America pushes for an early crude price rise, arguing costs justify about 50 cents a barrel. Standard Oil of New Jersey opposes any immediate increase, citing public hardship and potential market disruption.
MENTIONED IN THIS ARTICLE
Standard
Harry Wilson Sharpe
Washington
Independent Petroleum Association of America
Trade Association
Standard Oil
New Jersey
Wall Street
Congress
New Oil Play Emerges in Alpine Foothills
R.A.G. a Austrian firm owned by American British and Dutch interests reports Puchkirchen No 1 near Salzburg shows potential to produce light crude above 250 barrels per day. The well, spudded last September, reached 8500 feet with basement rock, oil from a six foot thick section. Concession spans about 1.1 million acres granted by Austria.
MENTIONED IN THIS ARTICLE
New York Herald Tribune News Service
Bonn
Alpine
Austria
Germany
R.A.G
Puchkirchen No. 1
Salzburg
Puchkirchen
Socony-Mobil
Royal Dutch Shell
Shell reports new process in oil refining gains gasoline yield
Shell Oil Company describes a two stage catalytic cracker that can raise gasoline yield from crude oil up to 15 percent while improving efficiency. The first commercial unit using the method started at a new Shell refinery in Anacortes Washington and was hailed as a success.
MENTIONED IN THIS ARTICLE
Montreal
Canada
Shell Oil Company
Shell
Anacortes
Wash
Houston Research Laboratory
194 Billion Barrels Of Oil In Place Considered Unrecoverable
Dallas report to Interstate Oil Compact Commission cites Paul D. Torrey stating about 194 billion barrels of known U S oil may never be recovered. He notes future recovery below 58 billion as irreducible minimum and urges reliance on existing finds and alternative energy sources.
MENTIONED IN THIS ARTICLE
Dallas
Paul D. Torrey
Austin
Interstate Oil Compact Commission
United States
Commission
Torrey
William F. Burke
Lone Star Gas Co
Kastner Named Assistant Production Superintendent at Odessa
The appointment of Donald L. Kastner as assistant division production superintendent at Odessa Texas was announced today by J A Cleverley of Bartlesville Oklahoma vice president of Cities Service Oil Co and manager of its production division. Kastner will supervise West Texas production operations as assistant to D D Bodie of Hobbs New Mexico division superintendent for the West Texas New Mexico division.
MENTIONED IN THIS ARTICLE
Donald L. Kastner
Odessa
Tex
J. A. Cleverley
Bartlesville
Okla
Cities Service Oil Co
Kastner
West Texas
D. D. Bodie
Hobbs, N.M
West Texas-New Mexico
Sun Brass Conference Held By Sun Oil In Amarillo
The Sun Oil Co southwestern division holds its annual three day Sun Brass conference in Amarillo with sixty department leaders and employees present. Sam Gladney of Dallas heads the meeting with observers from Tulsa Denver and Philadelphia. Geologists geophysicists engineers landmen and others from Abilene Midland and Roswell attend the Amarillo event the first to be held here. The groups dine separately at local venues as discussions address their problems.
MENTIONED IN THIS ARTICLE
Sun Oil Co. Brass
Southwestern
Herring Hotel
Sam Gladney
Dallas
Southwest
Tulsa
Denver
Philadelphia
Abilene
Midland
Roswell
West Texas
New Mexico
Amarillo
Bob Totten
Panhandle
Country Club
George Brown
Possible Major Oil Discovery In East Texas
A East Texas wildcat well by CCM Oil Producing claims a significant discovery with 85 feet of saturated sand in the Woodbine formation and shows in the Eagle Ford section. Executive VP Robert E. Kepke says reserves are uncertain until completion in 3 to 4 weeks. The No 1 Welsertaant lies between Van and Hawkins fields, seven miles north of Mineola, in a 6,300 lease block held by British American.
MENTIONED IN THIS ARTICLE
Dallas
Texas
Ccm Oil
Woodbine
Robert E. Kepke
Eagle Ford
van and
Hawkins
Mineola
Earl Nichols Named Consulting Engineer for Stekoll Properties
Earl A. Nichols was appointed consulting engineer for Stekoll Properties announced by president M. H. Stekoll. He will supervise analysis of oil and gas leases offered to the newly formed company formed in May with 20 million dollars in cash resources. Nichols, a Texas native and 1937 Texas Christian University graduate in physics and mathematics, will augment Stekoll Petroleum’s engineering staff and integrate with the company’s research department.
MENTIONED IN THIS ARTICLE
Earl A. Nichols
Stekoll Properties
M. H. Stekoll
Nichols
Stekoll Petroleum
Texas
Texas Christian University
Washington University
St. Louis
Shoes for a Pinch in Norfolk Court
An alert salesman shuffled from Police Justice Savory E. Amato's Norfolk court after paying a $2 short of a $5 fine for public drunkenness. He then sold his shoes to another prisoner to cover the remaining amount and return to his cell.
MENTIONED IN THIS ARTICLE
Norfolk
Houston Oil Sale Closed in Major $200 Million Deal
The Houston Oil Co. liquidation proceeds Wednesday as Atlantic Refining Co. takes over properties in a $200 million agreement. The transfer covers more than 6 000 properties across 155 counties in 10 states with details showing extensive deed processing and a long list of associated rights and lands. Atlantic becomes partner with Sinclair Oil & Gas, after joint ownership with American Republics.
MENTIONED IN THIS ARTICLE
Houston
Houston Oil Co
Atlantic Refining Co
Houston Company
Houston Oil
Wilmington
Del
Philadelphia
Cleveland
Ohio
Atlantic Refining
Hous
Sinclair Oil & Gas Co
Sinclair
Atlantic
Local Landmen Picnic Date Corrected to Saturday June 9
A corrections note amends the Petroleum Landmen annual picnic schedule from Wednesday June 6 to Saturday June 9 at Palo Duro Club. The gathering marks the last meeting until fall with growth and upcoming national organization. Irvin Wall of Herrington, Marsh & Wagner is local president. George Brown of Sun Oil Co. is national president.
MENTIONED IN THIS ARTICLE
Petroleum Landmen
Palo Duro Park
Palo Duro Club
Irvin Wall
Herrington, Marsh & Wagner
George Brown
Sun Oil Co
Gulf Names Nicholls Research Director
Paul E. Nicholls Jr. was named market research director of Gulf Publishing Company in Houston. He has served as maintenance and design editor of Petroleum Refiner and will coordinate research for Gulf's three papers World Oil and Pipe Line.
MENTIONED IN THIS ARTICLE
Paul E. Nicholls Jr
Gulf Publishing Company
Houston
Ray L. Dudley
Nicholls
Petroleum Refiner
Gulf Monthly
Gulf
World Oil and Pipe Line
Court Vindicates Negroes In Montgomery Bus Boycott
A three judge federal court ruled 2 to 1 that Montgomery bus segregation is unconstitutional and thus vindicated 30 000 Negroes for their six month boycott. The ruling invalidates Jim Crow seating laws and signals a Supreme Court appeal.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Alabama
Supreme Court
Columbia
S.C
High Court
Circuit Court of Appeal
Nicholls’ Industry Career Ties To Major Firms
Nicholls built engineering design experience with M. W. Kellogg C F Braun and General Electric before joining Gulf Publishing He studied mechanical engineering at Texas A M College highlighting a strong background in industry and education for his publishing career.
MENTIONED IN THIS ARTICLE
Gulf Publishing
Nicholls
M. W. Kellogg
C. F. Braun
General Electric Companies
Texas A&m College
Archaeologists Find 3000-Year-Old Port Semira Near Tartus
Salim Abdul Hak reports Syrian excavations uncover a buried Mediterranean seaport named Semira dating to Phoenician, Assyrian and Greek eras. Tablets from Egypt aided the discovery, with artifacts including pottery and inscriptions. Excavations continue at the coastal site south of Tartus.
MENTIONED IN THIS ARTICLE
Damascus
Syria
Egypt
Salim Abdul Hak
Government
Archaeological Department
Semira
Tartus
Mediterranean
Abdul Hak
Japanese sea captain reports U S hydrogen bomb test near Bikini
Captain Shinkichi Murata of the Mizuho Maru said his vessel was exposed to radioactive rain after a May 28 explosion near Bikini Atoll 1,660 miles away. He reported crew illness and high geiger readings rising to 1,250 by May 30, with rain gear worn during the voyage.
MENTIONED IN THIS ARTICLE
Tokyo
United States
Bikini Atoll
Shinkichi Murata
Bikini
Earth
Emeralds Advertised As The Softest Precious Stones
Emeralds are described as the softest of all precious stones in the report. The note emphasizes their unique property among gems and potential handling considerations.
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IPAA
Robert L. Wood
Russell
B. Brown
Los Angeles
Brown
Wood
California
Pennsylvania
Foster “H
Ector County
South Cowden
Ellenburger
Gasoil Raf
OIE News
Sun Brass
East
Earl Nichols
Gulf Names Nicholls Research Director
By Glenn Anthony
Federal Court
M. L. King
Bue Company
Tallahassee
Fla
Richard T. Rives
Frank Johnson Jr
Wader G.I. Bil
Draughon
Taylor
Dowell
H.p. Allison Aircraft
Allison
Texas Panhandle
Borger Broadway
Pampa
Dowell Incorporated
Tulsa 1
Oklahoma
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The
Dow Chemical Company
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