Possible Devonian discovery in Lea and Upton counties
Texas Pacific Coal and Oil Co Midland reports testing Devonian perforations in Lea County New Mexico and Upton County Texas. Zones flowed oil and gas through defined choke sizes with formation tests and offsets to recent discoveries as multiple wells are drilled and tested across the region.
MENTIONED IN THIS ARTICLE
Texas Pacific Coal & OO Co
Midland
New Mexico
Lea County
Lavington
Sinclair OW & Gas Co
Upton
Texas Pacific Coal & Oil Co
Rosa Barnett
South King Mountain
Mullipay
Upton County
Mr&t Survey
McCamey
Ymile
Penn
Ward
Gulf Oil Corp
West Sand Hills
W. A. Estes
West Central Ward County
Royalty
Oil Research Estimated At 350 Million In 1963
New York special reports that the petroleum industry will spend about 350 million dollars on research in 1963. Projections indicate the total rising to about 600 million dollars annually by 1970. Basic non competitive work is funded by trade groups while individual companies pursue competitive applied research. In three years major firms have spent around 1 billion dollars, yielding about 2 500 petroleum based products.
MENTIONED IN THIS ARTICLE
New York
Special
Oil Facts
American Petroleum Institute
Deep Reeves Wildcat Drills $2 Million 21 368 Feet
Sun Oil Co reviewed its Sun Terrill State No. 1 well in Reeves County Texas a 21 368 foot deep project. The well cost about 2 million dollars after three years of seismic work and land leasing in the Permian Basin near Pecos. The site produced only a few barrels daily.
MENTIONED IN THIS ARTICLE
Sun Oil Co
Reeves County
Texas
Sun
Permian
Pecos
Rank Wildcat
TIPRO to Honor Colorado Oil Body Member
TIPRO will award Colorado Conservation Commissioner War wick M Downing the Annual Recognition Award at its Seventeenth Annual Meeting in San Antonio September 20 to October 1. Denver lawyer Downing, praised as a distinguished conservationist and independent producer, began drilling oil in 1906 and chaired Colorado's conservation commission from 1932 for 31 years.
MENTIONED IN THIS ARTICLE
Austin
Texas
Colorado
Warwick M. Downing
Texas Independent Producers & Royalty Owners Assn
TIPRO
San Antonio
Downing
Association
Wm. J. Murray, Jr
Walter S. Hallana
Olin Culberson
Ernest O. Thompson
Russell B. Brown
Frank Ikard
Wallace FE. Pratt
Bruce Netsehert
Jack Campbell
Denver
Johnny Mitchell
Judge Downing
State Conservation Commission
Oil Base expands with new PR department led by Kenneth Chasteen
Houston firm Oil Base Inc announces a new contained department to handle advertising industry and public relations. Kenneth Chasteen veteran petroleum writer will head the unit from Houston after leaving Steere Tank Lines in Lubbock. A French political group plans monthly dances to honor new voters.
MENTIONED IN THIS ARTICLE
Houston
Geo. Miller
Oil Base, Inc
Miller
Oil Base
Kenneth Chasteen
Chasteen
Qil
Steere Tank Lines, Inc
Lubbock
Pan Am names new exploration chief in Tulsa
Pan American Petroleum Corp. appoints Willard F. Bunker as coordinator of exploration operations based in Tulsa. Bunker moves from Oklahoma City after serving as division geologist and has a geology degree from the University of Nebraska.
MENTIONED IN THIS ARTICLE
Pan Am
New Exploration
Tulsa
Willard F. Bunker
Pan American Petroleum Corp
George H. Galloway
Bunker
Oklahoma City
Pan American
Central Division
Lincoln
Nebr
Lincoln High School
University of Nebraska
Mide
Jackson
Miss
Sigma Gamma Epsilon Geological Fraternity
YMCA
Laws and tech lift oil recovery to record highs
Oil Facts says improved methods and strict state laws now allow 40 to 80 percent of petroleum in a field to be recovered up from 10 percent decades ago. The publication notes energy demand rising and oil and gas meeting nearly three quarters of U.S. needs, with demand potentially doubling by 1980. In Appleton England a 900 pound World War I bomb found by a construction worker is being assessed by bomb disposal experts.
MENTIONED IN THIS ARTICLE
New York
Oil Facts
American Petroleum
Insti
Mite
Appleton
England
UPI
Drilling activity in 1961 largely mirrored 1960 trends
A joint survey by the American Petroleum Institute and associates shows U S drilling in 1961 near 1960 levels with total spending about 2.398 billion dollars. Offshore drilling rose, 606 wells and 6.1 million feet drilled, while productive wells reached 21,204 with 113.4 million feet of combined oil and gas footage.
MENTIONED IN THIS ARTICLE
New York
United States
American Petroleum Institute
Independent Petroleum Assn. of America
Mid-Continent Oil & Gas Assn
Texas
Louisiana
Oklahoma
New Mexico
California
Kansas
U.S
Ambassador Oil Corp Reports Strong Mid Year 1963 Earnings
Ambassador Oil Corp Fort Worth reports first half 1963 net income of 2 292 578 or 61 cents per share versus 405 689 and 11 cents in 1962. The 1963 half includes 1 722 636 non recurring income from Latimer County Oklahoma property sales. Second quarter 1963 net earnings reached 2 044 608 vs 272 231 in 1962, with the non recurring gain occurring in this quarter.
MENTIONED IN THIS ARTICLE
Ambassador Oil Corp
Fort Worth
Latimer County
Oklahoma
World Oil Output Edges Down as Russia Gains Pace
The Oil and Gas Journal reports May free world oil output averaged 21.4405 million bbl daily, down 46,200 from April. Kuwait reached a record 2.1119 million, Iran surpassed 1.6 million, Africa rose to 1.0893 million, Venezuela slipped about 125,000, and U S production rose to 7.609 million. Russia and satellites contribute an estimated 4.445 million, totaling 25.8855 million bbl daily.
MENTIONED IN THIS ARTICLE
Tulsa
Oil and Gas Journal! Says
Kuwait
Neutral
Iran
Middle East
Saudi Arabia
Iraq
Journal
Africa
Libya
Venezuela
U.S
Canada
Russia
United States
Hemisphere
Tran
Algeria
Free World
Europe
Far East
Soviet Bloc
FPC Demands Fair Break in Gas Rate Refunds
The Federal Power Commission says gas rate refunds ordered overcharges total nearly a half billion dollars, but states and local distributors may retain funds. It pressures interstate pipelines like United Gas Pipe Line Co to pass refunds to customers while ready to halt disbursements at state request. Consumers stand to gain millions as the agency tightens control over refunds.
MENTIONED IN THIS ARTICLE
Harry Wilson Sharpe
Washington
UPI
Federal Power Commission
Commission
Lem
District of Columbia
FPC
Hunt Oil Co
Dallas
Hunt
United Gas Pipe Line Co
Shreveport
United
National Association of Railroad and Utilities Commissioners
Texas
New Mexico
Oil majors post strong half of 1963 profits despite low prices
Major oil companies report record or near record first-half 1963 profits driven by higher sales volumes and efficient operations. Prices for gas and refined products mostly dragged profits, with segments like Atlantic and Shell noting gains despite low gasoline realization. Companies cited increased production, expanded petrochemicals, and favorable operating levels as key factors.
MENTIONED IN THIS ARTICLE
Max B. Skelton Houston
Atlantic
Atlantic Refining Co
Henderson Supplee
Shell
The
Socony
U.S
Deepest Texas Gas Well Sets Record In Pecos County
Pure Oil Co reports the No 1 W. C. Tyrell wildcat in western Pecos County near Fort Stockton as the world deepest producer with 19.9 million cu ft of gas daily from 21 603 ft, testing Ellenburger gas and potential Pennsylvanian zones. The 20 000 ft hole carries over $2 million cost. other deep wells in Delaware Basin compete for records.
MENTIONED IN THIS ARTICLE
Bill Kalb
Avalanche-Journal of
Texas
Louisiana
Lousiana
Pure Oil Co
Midland
Permian
New World
W. C. Tyrell
Pecos County
Fort Stockton
Pure
Phillips Petroleum Co
EE University
South Louisiana
California
Richardson & Bass No
Gulf Oil Corp
Cleveland
Reeves County
Worsham Field
Delaware Basin
Gulf
Phillips
Red Hill
Lea County
N. M
New Mexico
Shell Oil Co
James Ranch
Carlsbad
Roden Oil Co. No. 1
State-McIntyre
Sun Oil Co
Ellenburger
Wildcat
Devonian
Wolfcamp
Bone Spring
Delaware
Andrews
Deep Rock
Glorieta Humble O&r Co
Georgia
King, de Ewe
Pslo Sur
GOR UK
Alberson
West Ford
Cherry Canyon
Texaco Inc
Cutherson
PSL
Dawson — Welch
West Welch
Biko M. El&rr Sur
IPR Bond
Gor Ts
CP Oao Ae
Hotok — Penwell
Glory
Phillies
Reeves — Wahu
North Deheld
Hogn Sur
Elew
Ok. Se
Wir
Gr IR
GOR
OTRO
CP Tho Ae
SOD
Ford Delay
Novy
Reeves Fee
T&p
Ribond
Brit Ek
Newir
Keystone Cattle Co
ESL & WI
Rik
Bef
Eppoit
Mecurdy-McCutcheson
PBR
Tidewater Oil
Robert Maxey
FSL & Pel
G. Wersur
Bupd
TSTM
Hockley — Smyer
Bik
Room
Thompson Sur
Howard — Howard-Glasvenck — Drilling & Expl Co., Inc
Reed Bros
INO
FNL & WL
Seedil
Biko
Wenw Sur
PT Paw Us Ab
Howard-Glasscock
Lawnie Robertson
Yates
Standard Ol Co
Hora Roberts
Moontr
UPI
Chambers & Kennedy Nu
SO Rik
Clark
Cabeen
Santa Rosa
Allem
Irggn Sur
Elev
MTV
Pecos Valley
Humble O&r Co
OY Pnel
S. Re Oson
Eley
Tpshi We
Pert
M.A
Cimy
C. T
Laughlin Fee
Sallie Wynne Reynaud
Midwest Oil Corp
McCamey
Basin Plains rotary rig counts dip in West Texas New Mexico
Reed Roller Bit Co. survey shows Basin activity at 211 rigs and Plains at 127, with Southeast New Mexico down to 52. Lea County leads the two-state region with 42 rigs, while Andrews and Games show notable changes. totals compare August 2 to July 96 and June figures.
MENTIONED IN THIS ARTICLE
Permian Basin
South Plains
Reed Roller Bit Co
Texas
New Mexico
Plains
Southeast
Lea County
N. M
Andrews
Pecos
Ector
Yoakum
Stes
Borden
Chaves
M.M
Cochran
Concho
Crane
Crockett
Culberson
Dawson
Ecter
Eddy
N.M
Fisher
Gaines
Garza
Glasscock
Hockley
Monard
Irion
Kent
Lea
Loving
Tubbock
Lynn
Martin
Midland
Mitchell
Nolan
Otero
Reagan
Reeves
Schleicher
Socorn
Scurry
Sterling
Stonewalk St
Sutton
Terrell
Terry
Tom Green
Upton
Ward
Winkler
Basin
Completions Up 89 This Week
Tulsa special reports oil and gas firms completed 88 wells last week, up 89 from the prior week. The Oil and Gas Journal lists 371 Texas, 107 Oklahoma, 86 Louisiana, 61 Kansas, 43 California, 28 Illinois, 20 Wyoming completions, totaling 882 with 432 crude producers, 73 gas producers, 344 dry holes, and 33 service wells. The year to date stands at 24,505 completions.
MENTIONED IN THIS ARTICLE
Tulsa
U.S
The
Oil and Gas Journal
Texas
Oklahoma
Louisiana
Kansas
California
Ilinois
Wyoming
the Journal
Canada
Oil field survey notes and tract listings across Texas regions
The document catalogs numerous oil and gas leases and drill sites across Texas and nearby counties. It lists company names such as Humble O&R, Texaco, and Gulf, tract numbers, sections, blocks, and survey elevations, with production metrics like bopd and frac data. It notes locations near Odessa, Denver City, Seagraves, and Kermit, among others, detailing rights, pay quantities, and well characteristics.
MENTIONED IN THIS ARTICLE
Harper Chilean & Deve Ulien Ou Co
Calf
Nooagi Moss
Tees
T&p Sit
Odessa
DSO
Howard — Latun cSan
Standard Oi Co
Texas No
Bell
T&p
PSL
Denver City
Volac
Rloy Rt
Oil Dev. Co
Texas
O. D.C
See
John H Gibson
Also Mentioned on This Page
Texas Pacific
Lea Field
Sam Boren
Major & Giebel
Humble State
South Lane
Pennsylvanian
Caprock
Zant ‘San Andres
Glasscock County
Garden City
C. W. Guthrie
Big Spring
Harry Echols
Ralph Lowe
Amacker - Tippett
San Andres
Rankin
Mk&t
Fisher — Kasper & Schneider
Midland and Dixon Drilling Company
Abilene
J. B. Terrell
Rotan
M&tc
Deep Reeves Wildcat
Travis Hughs
Tulsa, Okla
Colorado Oil Body
Cities Service Oil Co
Burl Watson
Standard Oil Co. Indiana
John Swearingen
Indiana
Sinclair
E. L. Steiniger
Gulf Logs
Standard Oil Co
New Jersey
Texaco
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