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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Dec 13, 1960
Page
2
In Lea County near Mallamar and Reeves field several wildcat wells report activity. Wolwcamp tests flow with 47 barrels in 91 hours, while multiple No. 1 Carper-Lugby and Cox Federal wells test oil and gas production after fracturing and acidizing. Continental and Texaco play extend Delaware and Wolfcamp prospects, with tests showing gas and oil indications and varying depths.
East central Kent County records show Ht Hunt Dallas planning to drill No 1 Henry Grice as a 7200 foot rotary wildcat to test Pennsylvanian formation, three miles southwest of Tayton, near several recent field openings. Honolulu Oil reports oil and gas shows at No 125 Frazier in Hockley County and No 2A Wilder in Yoakum County, with varied flow pressures and cored depths, while a medical note references rheumatoid arthritis and bursitis in a separate line.
Washington AP report shows domestic and foreign crude stocks totaling 228,291,000 barrels on December 3, up 1,508,000 barrels for the week. Domestic crude rose 2,583,000 barrels while foreign crude fell 1,075,000. Daily average production stood at 6,984,000 barrels, down 8,000.
Santiago Oil & Gas Co of Midland reports its crude oil reserves doubled from 1.6 million to 3.2 million barrels after a Delaware incorporation and stock offering that increased holders from 20 to 50. Peter Schweitzer and Peter Sprague join the board as two new directors while a 25 percent cash dividend is authorized with February first payment.
Lone Star Production Co. Dallas will drill No. 1A C. A. Mitchell as a 12,500 foot wildcat 12 miles southeast of Kermit in Southeast Winkler County on a 480 acre lease. PECOS-Ben Hogan Fort Worth to drill No. 4 McDonald State as a 1,300 foot rotary tools wildcat 8 miles south of Girvin on a 160 acre lease. Sterling Don Whittaker Breckenridge to dig No. 1 Donnie Walker a 2,000 foot wildcat on an 0 acre lease 9 miles east of Sterling. Irion L. B. Williams San Angelo completed No. 1 A. M. D. Bryant as second producer in Brooks North San Angelor pool, pumping 10.14 barrels of 28.4 gravity oil plus 25 percent water in 24 hours from 896-220 feet.
Fletcher Oil and Gas Drilling Corp of Dallas will drill the No. 2 Annie B. Smith Ellenburger wildcat test in south central Stonewall County seven miles south of Aspermont on a 640 acre lease. The site lies 1,989 feet from the south and 650 feet from the west lines of Section 142, Block 1, H and T C survey, near Thompkins field and east of recent Ellenburger activity.
Sid Richardson Refining Co has sold its refinery and terminal properties in Texas City to Texas City Refining Inc Freeman Burford of Dallas announced. Texas City Refining will take possession on Dec 31 and Burford will resign as president effective Jan 1 1961 The company has offices in Dallas and Texas City and is tied to Farm er Co ops in New York Pennsylvania and South Carolina The refinery was shut after the Korean War and its tanks were converted to a bulk terminal for refined oils and chemicals.
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