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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Aug 17, 1958

Page

12

Oil Industry Sees Government Inconsistency In Anti Trust

Washington reports that Charles O'Hara of the National Petroleum Association accuses the government of inconsistent anti trust enforcement across the Justice Department and FTC. He cites overlapping cases against Standard Oil of California and Sun Oil, and notes 15 major suits pending as a cartel legacy and price actions tied to distributor relationships.

Washington UPID C. O’hara Cdivisel National Petroleum Association Federal Trade Commission Nit O'Hara Association Executive Branch O’hara Justice Department FTC Standard Oil of California Sun Oil Co New York U.S Justice and Interior Departments National Petroleum Council

Great Pipeline Race of 1906 07 between Gulf Oil Corp and Texaco

The 1906 07 Great Pipeline Race pitted Gulf Oil Corp and the Texas Company as they hurried to lay rival pipelines from Glenn Pool near Tulsa to Port Arthur. Both firms mobilized thousands of workers in February 1907 to beat the other to the finish, a race that shaped early oil industry competition.

Gulf Oil Corp Texas Company Texaco Gulf Glenn Pool Tulsa Indian Territory Port Arthur Oklahoma

Area Leads Nation As Big Tally Soars

Hughes Tool Co reports 1,926 active oil drilling units in the U S this week up from 1,851. Texas regions show gains except Gulf Coast offshore, with West Texas up 23 to 284 rigs and North Texas up 20 to 214, while Gulf Coast land operations rise nine.

West Gy Southwest Ation Hughes Tool Co American Assn Oilwell U.S Gulf Coast Texas West Texas North Texas

Offshore rigs and oil active counts by state shift this week

The report details state oil activities with Texas and East Texas up by three to 53 active rigs. California shows the largest decline with 10 fewer units. Other changes include South Louisiana up 11 to 216, Kansas up seven to 141, Illinois up six to 50, New Mexico up five to 105, Mississippi up four to 41, Montana two to 21, Indiana two to 7, Colorado down five to 42, while Reed remains at 67 and North Dakota and Oklahoma show losses.

East Texas South Louisiana Kansas Ilinois New Mexico Mississippi Montana Indiana California Reed Colorado North Dakota Oklahoma

Lubbock oilman to lead European drills for Loffland Brothers

W J Price or Jess to join in Holland with wife and two children Bill and Laura as newly appointed representative for Loffland Brothers in Europe. Price, former Lubbock resident, will manage European drilling operations and bring prior experience from Price Sitton Drilling Co and Livermore Drilling Co. He is a 1931 OU petroleum engineering graduate. Local and national drilling counts show 214 active in Texas and 1 926 nationwide.

W. J Jess) Price Lubbock Hauge Holland Loffland Brothers Norton and Sitton Price Livermore Drilling Co Tyler Oklahoma University Europe United States Canada South America Tulsa

Preventive legislation viewed with alarm in oil wars

Magnolia Petroleum Co. executive George J. Gregor says federal bills to curb gasoline price wars would curb competition and harm dealers. He notes profits run about five cents per gallon for dealers while suppliers absorb losses, and argues sales volume is the remedy for price troubles.

Dallas Bing Yourself George J. Gregor Magnon Petroleum Co Senate Gregor Magnolia Magnolia News Jhe Magnolia Petroleum Co Southwestern Socony Mobil Oil Co East Texas Congress

Strawn Well Tests Near Brownfield in Terry County

Trice Production Co reports a No. 1 B. R. Sleeper wildcat ten miles southeast of Brownfield, Texas, tested 10,978 to 11,018 feet without finding gas or fluid in 2.5 hours but recovered 150 feet free oil, 90 feet oil-cut mud, and 120 feet oil and gas mud. Depths and pressures noted. plan to deepen 50 feet and re test. Nearby shallow rotary in Mitchell County and a re entry at Garden City area also described with prospects and depths.

Trice Production Co B. R. Sleeper Brownfield Terry County Strawn Corrigan Field Mitchell Ray A. Albaugh Big Spring Mitchell County H. J. Brice SPRR Otis Glasscock—Tidewater Oil Co Coney Garden City T&p Howard- Glasscock Field

Attendance Boost Expected for SEG Annual Convention

San Antonio officials anticipate a record SEG meeting with Oct 13 to 16 dates as rising Middle East tensions and Texas oil allowables drive registrations. Chairman J O Parr cites momentum from strong business prospects and broad, multi-session program featuring talks on geology geophysics and Mexican oil exploration led by Pemex president Antonio Bermudez.

San Antonio Society of Exploration Geophysicist Middle East Texas J. O. Parr Mexico Antonio J. Bermudez Pemex

Cosden Acquires More Production in Texas Fields

Cosden Petroleum Corp announces it has acquired all working interests of Tri-Service Drilling Co in 12 leases in Reagan and Midland counties. The deal adds 16 Spraberry Trend wells and a Reef producer with reserves above 300,000 barrels and daily production near 130 barrels. The purchase completes via Cosden stock and follows a prior West Texas property acquisition from Grisham-Hunter.

Big Spring Cosden Pet. Corp Tri-Service Drilling Co. of Midland Tri-Service Reagan County Reinicke Borden County Cosden

Ouster Demanded for Teamsters Officer in Brennan Case

Court appointed monitors urged suspension of Owen B. Brennan a Teamsters vice president and expulsion charges. They also pressed an independent audit of the Michigan Teamsters welfare fund to determine amounts allegedly owed by Hoffa and Brennan linked to payments cited by Embrel Davidson. Brennan was Davidson’s manager.

Washington Owen B Bert) Brennan Teamsters Union Teamsters James R. Hoffa Brennan Hoffa Senate Embrel Davidson Davidson

Geological meet planned for Mineral Wells in October

Plans call for a regional petroleum geologists meeting October 22 to 25 in Mineral Wells led by J H Pittinger of Shell Oil Co. The event marks the Southwestern Federation of Geological Societies first annual technical gathering with 18 papers from local chapters including Lubbock Abilene San Angelo Fort Worth Dallas San Antonio Wichita Falls and Roswell NM.

Lubbock H. J. Fitzgeorge EL L. L. Smith Vic J. H. Pittinger Wichita Falls Southwestern Federation of Geogelical Societies North Texas Geological Society R. C. Oe Pan American Pet. Corp Seeetee Anh Plains Plas Shell Oil Co Southwestern Federation of Geological Societies Abilene San Angelo Fort Worth Dallas San Antonio Roswell N.M

El Paso Woman Dies In New Mexico Crash

A 72 year old El Paso Texas woman lost control of her car on U S 260 Friday, the vehicle overturned, killing her and injuring her husband.

Deming N.M el Paso, Tex U.S

Paper box consumption tops 100 billion annually in U S

More than 100 billion folding paper boxes are consumed annually in the United States, reflecting strong demand across consumer and packaging sectors and signaling growth in manufacturing and logistics activity.

United States

Also Mentioned on This Page

FPC Harry Wilson Sharpe Gulf Ofl W. Whiteford Whiteford Lubbock, Tex Jim Mayes Lubbock Oilman Western Canada W. J. Price R. H. Fulton and Co J&l Jayhawk Pipeline Corp McPherson Fulton Plains Valley Center Moa Western National Co-op Mcperson Derby Rig. Co Wichita Jones and Angen Steel Corp Aliquippa Pennsylvania Ohio River Pittsburgh Kansas City Terry R. C. Morris South Plains Texas Panhandle J. P. Brand Trans Pecos Morris American Pet. Corp Brand Texas Tech Civic Auditorium Baker Hotel Geologists’ Wives Assn. of John Kay Brazos River Palo Pinto County Sum Kingdom Dam Wil EL Pasoan TYE & Sons Drilling Company Yukon Remington Office Outfitters
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