Ten New Gas Wells Announced in Panhandle Field Week
Ten new gas wells completed last week in the Panhandle Field with total capacity 59,694,000 cu ft. Six oil wells yielded 664 barrels. Phillips Petroleum completed four gas wells in Hansford County. Hutchinson County led oil activity with four new wells.
MENTIONED IN THIS ARTICLE
Panhandle
Hansford
Phillips Petroleum Company
Hutchinson County
U S Oil Firms Ready to Import Fuel if Supply Drops
Tulsa July 1 United States oil experts warn that peacetime demands and synthetic rubber needs may force the U S to import oil despite high domestic production. A State Department report shows world reserves outside the United States totaling 30.5 billion barrels with U S interests holding over 10 billion. The Army supports expanding foreign holdings, while postwar production in liberated fields is expected to rise to record volumes. Gasoline stocks sag and rationing may continue as redeployment and plans unfold.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
U.P
Pacific
United States
U. S
State Department
Russia
Army
Gulf Coast
U.S
Seven Seas
Japan
New Officers Lead National Oil Scouts and Landmen’s Association
A new corps of officers takes over the National Oil Scouts and Landmen’s Association. Ardmore Oklahoma president F D Johnson Corpus Christi new vice president R M Knoepfel Carlsbad New Mexico secretary treasurer W G Sinclair Wichita Falls editor in chief H L Johns New Orleans Louisiana board chair Hal Walker Casper Wyoming. Retiring secretary Raisch says this year’s Year Book will be ready soon with limited print runs.
MENTIONED IN THIS ARTICLE
National Oil Scouts and Landmen’s Association
H. F
Tax) King
Ardmore
Okla
F. D. Johnson
Superior Oil Company
Corpus Christi
R. M. Knoepfel
Atlantic Refining Company
Carlsbad
N. M
W. G. Sinclair
Gulf Oil Corporation
Wichita Falls
National Oil Scouts and Landmen’s Year
H. L. Johns
New Orleans
Hal Walker
Casper, Wyo
Raisch
Oil production for week falls from record high
Houston July 7 UP-TWU reported a weekly crude output of 4,893,770 barrels per day, down 16,050 from last week's high. Texas rose to 2,209,350 barrels daily while Illinois reached 198,100 and Kansas 242,300. Other states showed minor changes.
MENTIONED IN THIS ARTICLE
Houston
TWU
Oil Weekly
Kansas
Illinois
Texas
Alabama
Arkansas
California
Colorado
Florida
Indiana
Kentucky
Louisiana
Michigan
Mississippi
Missouri
Montana
Nebraska
New Mexico
New York
Oklahoma
Pennsylvania
Tennessee
West Virginia
Wyoming
U. S
Panhandle Oil Output Gains in Week
Oil production in the Panhandle field rose by 11,851 barrels last week as 5,985 wells averaged 89,350 barrels. County results show Carson 697 wells yielding 10,766 barrels, Gray 2,643 wells 45,812, Hutchinson 2,211 wells 28,780, Moore 17 wells 436, Wheeler 417 wells 3,556.
MENTIONED IN THIS ARTICLE
Wheeler Smith Brothers Refining Co
H. N. Roach
H&gn
Gray Magnolia Petroleum Co
Addington
Phillips Petroleum Co
Annie
Hansford
Herri
Gh&h
Pearson
Stedge
Gh&h Survey
Hartley Phillips Petroleum Co
H&tc
Moore Phillips Petroleum Co
Drury
H&tc Survey
Elise
Sherman Phillips Petroleum Co
Trop
Gh&Éh
Whitter
Panhandle
Carson County
Gray County
Hutchinson County
Moore County
Wheeler County
Guayule program attacked by Goodyear chair
Akron July 7 Guayule plan to plant 400000 acres would require subsidies and is criticized as a potential white elephant for taxpayers. Goodyear chairman P W Litchfield says 55000 long tons yearly harvest would flood markets at 28 cents a pound four years after planting amid rubber surpluses of 12 to 15 cents. He adds guayule resin content lowers quality to 80 percent of natural rubber.
MENTIONED IN THIS ARTICLE
Akron
Ohio
P. W. Litchfield
Goodyear Tire and Rubber Co
U. S
Litchfield
Goodyear
Guayule
Texas Well Finals 386 for Last Week
The railroad commission oil and gas division reports 167 regular drilling applications for last week, totaling 3,391 for the year. Oil well completions reach 131 this year, gas well completions 35, and seven wildcat wells drilled in late June. The weekly average allowable is 2,297,418 barrels, up from last week.
MENTIONED IN THIS ARTICLE
Austin
Oil and Gas Division
The
Railroad Commission
Bill to Stimulate Oil Search Is Introduced
Senators Joseph C. O’Mahoney of Wyoming and Carl A. Hatch of New Mexico introduced a bill to amend the Oil Land Leasing Act of 1920. The measure seeks to eliminate acreage limits on oil fields and other steps to spur exploration on public lands and facilitate administration.
MENTIONED IN THIS ARTICLE
Washington
Joseph Co. O'Mahoney
Wyoming
Carl A. Hatch
New Mexico
O'Mahoney
Latin American Oil Reaches East Coast Share Surges
The Petroleum Administration for War reported that more than 28 percent of crude oil reaching the east coast comes from Latin America, marking a significant shift in fuel sources during wartime.
MENTIONED IN THIS ARTICLE
Washington
Petroleum Administration For War
Latin America
IPAA Reports Washington Happenings Affecting Oil Producers
A July 3 Washington office letter from the Independent Petroleum Association of America outlines Senate Petroleum Resources hearings paused to about a month, with testimony on foreign oil and The Independent Company to follow. House judges backs Sumner’s Resolution on state ownership of tide and navigable waters to enable state petroleum development regulation. FPC sets Sept 18 hearings on natural gas conservation in Kansas City and New Orleans.
MENTIONED IN THIS ARTICLE
Washington
Independent Petroleum Association of America
Senate Committee
O'Mahoney
House Judiciary Committee
Sumner
PPC
Federal Power Commission
Commission
Congress
Kansas City
New Orleans
FPC
Eastern Pipe Line stock holders approve new preferred issue
New York July 7 stock holders at a special meeting approved an amendment to the certificate of incorporation authorizing the issuance of 15 million dollars of cumulative preferred stock. Final terms will be set by directors on July 9.
MENTIONED IN THIS ARTICLE
New York
Panhandle Eastern Pipe Line Co
Certificate of Incorporation
Portales City Gas Tax Dropped
Portales city councilmen rescinded the one cent gasoline tax after a mass meeting in the district court room following the ordinance publication. The vote occurred with absent members noted from the prior approval.
MENTIONED IN THIS ARTICLE
Portales
State completes seven oil wells and issues 24 permits
Baton Rouge report from the State Conservation Department notes seven wells finished with initial daily production totaling 1404.63 barrels. The department also issued 24 new well permits in its weekly oil report.
MENTIONED IN THIS ARTICLE
Baton Rouge, la
State Conservation Department
Navy Granted Power to Boost Elk Hill Oil Output
President Truman signed legislation extending the Navy's authority to produce an average of 65,000 barrels of crude oil daily from the Elk Hill Petroleum Reserve to December 31, 1946. The Navy had been limited to 65,000 barrels per day maximum.
MENTIONED IN THIS ARTICLE
Washington
U.P
Truman
Navy
Elk Hill Petroleum Reserve
Oil Supply Essential in War Says Industry Leader
Ralph T. Zook, president of the Independent Petroleum Association of America, warns that oil is the first essential in war and crucial at home. He notes Allied experts trace Germany’s war breakdown to gasoline shortages and argues the U.S. must have ample domestic oil capacity. He calls for higher oil prices and freer market conditions to meet civilian and wartime needs.
MENTIONED IN THIS ARTICLE
Ralph T. Zook
Independent Petroleum Association of America
Independent Monthly
Joseph Portel
Germany
Japan
Borneo
Netherlands
United States
Texans Plan For Gas Hearing Involving FPC
A Texas group led by Governor Steven son forms a six member committee to map strategy for asserting Texas control over natural gas before the Federal Power Commission. Subcommittee chairs named include Charles I. Francis, D. A. Haley, and E. DeGolyer with Texas Mid- Continent Oil and Gas Association members joining. Hearings are set across Kansas City, Oklahoma City, and New Orleans with Texas participation undecided.
MENTIONED IN THIS ARTICLE
Austin
Stevenson
Federal Power Commission
Piace
Charles I. Francis
Houston
D. A. Haley
Dallas
E. DeGolyer
Texas Mid- Continent Oil and Gas Association
FPC
Congress
Commission
Texas
Kansas City
Oklahoma City
New Orleans
Kress B-29 Bombardier Missing in Action
Lt. Roy Mack Young, son of Mr. and Mrs. E. E. Young of Kress, reported missing in action in the Pacific while serving as bombardier on a B-29. He previously spent six months in Cairo and six months in India, expected to complete his mission next month, and was awarded the Air Medal last month.
MENTIONED IN THIS ARTICLE
Tulsa
Roy Mack Young
E. E. Young
Kress
Cairo
Egypt
India
Pacific
Military fuel stocks decline as civilian supplies rise
The American Petroleum Institute reports for the week ended June 30 that military and other gasoline stocks fell by 1,570,600 barrels while civilian grade gasoline rose by 580,000 barrels. Total U S gasoline production gained to 15,546,000 barrels.
MENTIONED IN THIS ARTICLE
New York
American Petroleum Institute
U. S
Pregnancy Fraud Hooks Parents of Servicemen
Twenty-year-old Mrs. Rose Marie Moore faces arraignment in Portland on charges of defrauding the parents of servicemen by posing as pregnant. Indictments allege she wrote to families claiming a child was fathered by their sons and mentioned victims in Alvin West Virginia Cered West Virginia. She was captured by federal officers after a Dallas arrest and used as many as five aliases.
MENTIONED IN THIS ARTICLE
Portland
Ore
UPI
Rose Marie Moore
Also Mentioned on This Page
Gray Continental Oil Co
B. E. Finley
Danciger Oil & Refining Co
Benedict
Hutchinson
Huber Petroleum Co
No. 15
Mayfield
J&p Survey
Moore
Shamrock Oil & Gas Corp
A. Roenfeldt
Texoma Natural Gas Co
R. S. Coon-J. T. Sneed
T&no Survey
Sherman
L. M. Price
Wheeler Phillips Petroleum Co
H&hgn
Congressional
Committee
Far Pacific
New Oil
Graham
North
Texas Scouts
Fr. D. Johnson
KING
IPAA
Tidelands
Louisian
Amarillo
Shell
Ae Yan
Plains Insulating Co
Orygen
Acetylene
Hone
Chas. Hoppin
Investors Selective Fund, Inc
Investors Stock Fund, Inc
Investors Syndicate
Minneapolis
Minnesota
W. D. Burger
van Buren
Massey-Harris
Harvest Brigade
Massey-Harris Harvest Brigade
Will As
Douglas & McGlain
English Field
P.O. Box
Globe News
Plains Plumbing CO
Massey
Roy
Eis