New Market Opens for 180 Million Feet Daily Panhandle Gas
The Federal Power Commission grants El Paso Natural Gas a Certificate of Public Convenience and Necessity dated May 31 1946 for a pipeline to California from a Colorado River point near Blythe California. California firms receive a connecting line certificate from Blythe to Los Angeles. Initial capacity set at 125 million cubic feet per day with plans to rise to 175 million in the first year.
MENTIONED IN THIS ARTICLE
Federal Power Commission
el Paso Natural Gas Company
California
Colorado River
Blythe
Los Angeles
el Paso Company
Cal
West
Texas
Shell Oil Company
Shell
Txl
Wheeler
Ector County
Warren Petroleum Company
Monument
Lea County
New Mexico
Southern California Gas Company
Southern Counties Gas Company
Arizona
El Paso Plans 300 Million Gas Pipeline to California
El Paso Company and California firms advance a 70 million dollar project to deliver up to 305 million cu ft daily of natural gas via a 1200 mile system from the Colorado River to near Los Angeles. The plan includes 214 miles of 30 inch pipe by California firms and 737 miles of 26 and 24 inch pipe by El Paso, with 46 800 horsepower compressors in year two and 131 800 horsepower on the El Paso portion at full build. Financing relies on New First Mortgage Bonds, preferred stock, and a bank loan.
MENTIONED IN THIS ARTICLE
California
el Paso
el Paso Company
Moore County
Texas
Houston
Sherman County
Gulf Oil Corporation
Gulf
Keystone
Winkler County
Cooper - Bessemer Corporation
Clark Brothers
Texan Oil Leader George Gibbons Dies at Home
The death of George Gibbons, executive vice president of the Texas Mid-continent Oil & Gas Association, is noted as a severe loss to the industry and its members. Other items report drill campaigns, test depths, and industry news across Oklahoma, Kansas, Texas, and nearby fields with mentions of Gulf Oil, Phillips Petroleum, Sinclair-Prairie, Pure Oil, Amerada, Humble, Stanolind, and local geologists.
MENTIONED IN THIS ARTICLE
George Gibbons
Texas Mid-continent Oil & Gas Association
Objection Halts Tidelands Bill In Senate
A floor objection delayed Senate action on a tidelands bill that would clear state titles to lands under navigable waters and oil deposits. Chairman McCarran said he would push the measure again next week amid expected opposition, with states named including Texas and California.
MENTIONED IN THIS ARTICLE
Washington
Senate
Associated Press
White House
McCarran
Nevada
Senate Judiciary Committee
Judiciary Committee
Texas
Louisiana
California
Mississippi
Ohio
Indiana
Pennsylvania
Set December Oil Proration Hearing
Texas railroad commissioners announced the December oil and gas proration hearing will be held on December 20 in Austin. The date was chosen at the request of the American Institute of Mining and Metallurgy which plans a national meeting December 18-19 and wants to observe the hearing.
MENTIONED IN THIS ARTICLE
Austin
Texas Railroad Commissioners
American Institute of Mining and Metallurgy
Seven Men Return To Civilian Life
DALHART June 15 the parade of ex servicemen to civilian pursuits continues Four Dalhart seamen have been discharged at San Pedro Calif They are Albert L Fields Richard Greer Waide Wilson and Gordon Wilkins Field and Greer served in the Pacific Harold Heiskell has been discharged at Norman Okla after 18 months in the Pacific T J Denman of Texline has been discharged at Camp Wallace He also saw Pacific service Army Cpl Raymond Sell was separated at Ft Sam Houston after 11 months of Pacific duty
Panhandle oilfields show rising drilling activity in two weeks
The Panhandle reports increased drilling with 11 starts the prior week and 15 the latest. Completions lag, with four and seven respectively. Notable wells include Ohio Oil Co No 2 C Ross Ranch testing 1 464 barrels. District wildcats shrink as new leaseable areas appear near Lubbock County.
MENTIONED IN THIS ARTICLE
Panhandle
King County
Ross
Ohio Oil Co
Lubbock County
Superior Co Sells Producing Leases
Jackson Mississippi June 15 report says an oil deal involves between 5 and 7 million dollars as Superior Oil transfers all Baxterville Field holdings to Roeser and Pendleton. Superior retains a one sixteenth overriding royalty and at least one drilling rig remains active on the land. Superior owns 15000 acres and seven producing wells.
MENTIONED IN THIS ARTICLE
Jackson, Miss
Superior Oil Company
Roeser and
Pendleton
Baxterville Field
Superior
Decline Reported In Total Stocks Of Crude Oil
The Bureau of Mines reports total domestic and foreign crude oil stocks at 218,589,000 barrels on June 8, up 2,296,000 for the week. Domestic crude fell 2,421,000 barrels while foreign crude rose 125,000. Daily production averaged 4,896,000 barrels, up 140,000. runs to stills averaged 4,827,000, down 16,000. Regional stock changes are listed by state and origin.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Mines
Arkansas
Northern
Louisiana
Gulf Coast
New Mexico
Oklahoma
East Texas
Gulf Texas
Other Texas
Oil Production Nearing Peak
Crude oil production averaged 4,943,035 barrels daily this week, within 1,000 barrels of the all time peak set in the second week of June last year. Last week’s U S total was revised to 4,898,935 barrels as South Louisiana rose and Texas fell. This week’s output rose by 44,100 barrels from last week.
MENTIONED IN THIS ARTICLE
Houston
U.P
Oil Weekly
U. S
South Louisiana
Texas
Texas Oil Demand Seen For July by Federal Bureau
Austin June 15 The Federal Bureau of Mines predicted Texas crude oil demand in July at 2 110 000 barrels daily. The Texas Railroad Commission will meet next Tuesday at the Austin Hotel to set July's allowable production. Chairman Olin Culberson plans a 30 day limit. The June demand was 2 050 000 barrels. authorized Texas production on June 14 stood at 2 414 000 barrels.
MENTIONED IN THIS ARTICLE
Austin
U.P
Olin Culberson
Texas Railroad Commission
R. R. Sayers
Federal Bureau of Mines
Bureau
Texas
Texas Commission
Culberson
Fedieral
End Oil Dispute in Mexico Resumes Production
In Mexico City on June 15 the Labor Ministry announced the Petroleum Workers Syndicate and Pemex reached a settlement ending a dispute. Oil production resumed in the federal district as the government controlled industry returned to normal operations.
MENTIONED IN THIS ARTICLE
Mexico City
Petroleum Workers Syndicate
Petroleos Mexicanos
Labor Ministry
Commission Requires Electric Logs on Discovery Wells Only
In a telephone briefing from Austin, Olin Culberson, chairman of the Texas Railroad Commission, said no appearance is needed at the June 19 hearing. Logs will be required only for the first discovery well and when dual completion is requested. He noted surveys of gas potentials to set a demarcation between sour and sweet reservoirs.
MENTIONED IN THIS ARTICLE
Commission
Austin
News-Globe
Olin Culberson
Texas Railroad Commission
Standard GGE Co shares sale granted by SEC
Philadelphia June 15 The Securities and Exchange Commission approved Standard Gas and Electric to sell 312000 shares of no par value common stock of California Oregon Power by competitive bidding Proceeds will pay interest and principal on promissory notes The SEC also extended to June 22 the time to consummate Standard’s sale of its investment in Empressa de Servicios Publicos de los Estados Mexicanos S A to Theodore E Shepard for 858000 dollars cash
MENTIONED IN THIS ARTICLE
Philadelphia
Standard Gas and Electric Company
Securities and Exchange Commission
California
Oregon Power Company
Standard
SEC
Empressa de Servicios Publicos de Los Estados Mexicanos, S. A
Theodore E. Shepard
Oil Exploration Expands Across Georgia Florida Alabama Lease
Oil work accelerates in the Georgia Florida Alabama region with 40 million acres under lease. Companies push seismic surveys and drilling plans as energy demand rises.
MENTIONED IN THIS ARTICLE
Georgia-Florida-Alabama
El Paso Natural Gas reports lower annual earnings
El Paso Natural Gas Co and subsidiaries announce year ended April 30 net income of 2,139,237 dollars or 338 cents a share, down from 2,226,862 dollars or 3.52 a share last year. April net income was 111,435 dollars versus 174,461 dollars a year earlier.
MENTIONED IN THIS ARTICLE
New York
el Paso Natural Gas Co
CIO Loses Texaco Certification Case
The National Labor Relations Board dismissed the Oil Workers International Union Local 367 petition for certification after a Texaco Houston election. Thirty votes opposed certification and twenty three favored the union.
MENTIONED IN THIS ARTICLE
Washington
National Labor Relations Board
Oil Workers International Union, Local 367
CIO
Texas
Houston
Field Production Drops in Panhandle Last Week
Panhandle field production declined with a daily average of 76 260 barrels, down 2 389 from the prior week. Total runs reached 533 820 barrels across 6 145 wells, averaging 12 2 barrels per well daily. Carson 708 wells produced 9 991 barrels, Gray 2 712 wells 39 939, Hutchinson 2 276 wells 23 485, Moore 18 wells 440, Wheeler 431 wells 2 405.
MENTIONED IN THIS ARTICLE
Panhandle
Carson County
Gray County
Hutchinson County
Moore County
Wheeler County
Average gasoline use per car in U S doubles since 1920
The report notes peacetime gasoline consumption per automobile in the United States has doubled since 1920, reflecting growing motor vehicle use and efficiency changes amid expanding road transportation.
MENTIONED IN THIS ARTICLE
United States
Also Mentioned on This Page
Phillips Petroleum Company
Panhardle
Califor
Nia
Catron
Reeve
Tromam
EL Paso Natural Gas Company Pipelines
Southwest
The
Republic Natural Gas Comny
Texas County
Okla
Stevens County
Kan
Sinclair-Prairie
Collingsworth Ty
Gulf Oil Corp
Ratzlaff
Beaver County
Phillips Petroleum
Elton Geep
Gheh Survey
Hansford County
Panhandle Geological Society
Alaska
Navy Department
Jess Rogers
Texas Company
Pampa
Jess
Amarillo Col
Len Lanyon
Mandy Rieger
Neen
Utah
Amarillo
Army
Ochiltree County
Cimarron County
Walker Jones
State
Colorado Line
Boise City
Pure Oil Co
No. Johnson
McKir
Ahan
McKirahan
Jermyn
South Plains
Humble O&r Co
Campbell
R. M. Thompson
Hockley County
Finis
Plains
Amerada
Hale County
Lamb County
Bankline Oil Co
Abernathy
Lubbock
Humble O & R Co
Hart
Stanolind O&g Co
Road
R. M. Thompson Survey
Everett Carpenter
Shawnee
N. D. Bartlett Oil Editor
Carson
Texoma Natural Gas Co
Texas Co. Fee
Gray Kewanee Oil Co
R. S. McConnell
I&gn
Sun Oil Co
Combs-Worley
Hutchinson
Dl&c
C. L. Dial Et al
Gc&sf
Marlow Oil Co
Perkins
A. E. Lasater
Moore
Panhandle Eastern Pipe Line Co
H&tc Survey
Phillips Petroleum Co
Marvin
Wheeler Smith Bros
Walker
Smith Bros. Ref. Co
Carson Texwell Oil Corp
Byrum
Gray Cities Service Oil Co
J. A. Baggerman
H&gn
E. J. Dunigan
Billy Davis
Hartley Phillips Petroleum Co
Hollye
H&tc
Hutchinson J. M. Huber Inc
Jasper
D—P
King Ohio Oil Co
W. R. Ross “C
Sherman Cities Service Oil Co
Tidwell
T&no
Maine
Florida
Alabama
Tewer Steer
Colorado
Illinois
Kansas
Kentucky Etter
Michigan
Missouri
Montana Ee
Nebraska
Mexico
ACE Paint
Harry Reimers
South Fillmore
Dan Busch
Standard Gge Co
el Paso Natural
CIIO
Texaco
Cc. T. Ware
R. C. Ware
A. H. Ware
S. D. Vaughan
F. M. Butler
H. J. Farwell
B. T. Baker
E. C. Lacy
Jas. Farwell
R. L. Moore
Co. E. Robertson
W. A. Russell Asst
Cashier
Odie Russell
W. W. Elledge Asst. Cashier
U. S. Depository
Parhandle’s Largest Bank
Federal Deposit Insurance Corp
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