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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Dec 19, 1971

Page

8

Wildcat Drilling Pushes Across Nine Texas Counties

Oil operators in the Permian Basin advance with new tests across nine counties. Wells named J.T. Westbrook in Motley County and McLaury in Kent County target depths of 3 800 and 7 400 feet respectively. Additional drills planned near Seminole Gaines County Port French and other locations, with discoveries and tests including the Dunigan Miller and Swenson Swenson area prospects.

South Plains Permian Basin Roaring Springs Motley County J.T. Westbrook TWNG Kent County Hanson Exploration McLaury Clairemont Westbrook H&gn Gaines County C. F. Kinney Seminole J.L. Brown Jr Midland Terry County School Land Survey Littlefield Lamb County Clear Fork Anton BTA Oil

Influence Of River Reverberations In Louisiana Oil News

Louisiana's river system shapes the economy with multi-billion oil investments. The Mississippi borders the state, guiding Gulf operations and river navigation while offshore projects boost refining capacity and regional output. Officials cite vast gas and oil developments, including wells in Lea County and Sable Island, fueling industry growth.

Mississippi Gulf of Mexico Gulf Louisiana Louis Bureau of Mines U.S Sac Sable Island Mobil Sonora Sutton County Canada Texas Thelor Boyd Morrow Nile Ea Ealb Ifield Eddy County Toursiana Aa Goth David Falken Ofl Block A Gwt&p Midland ejArtesia Arco-Morrison EOTOR Atapaz Petroleum Halifax Nova Scotia Harmony See-Inc Rhodes Cowden North Clear Lareas Ector County Odessa Pegos -- Skelly Oil Co E. O. Reed Asjworth East Discovery Gomez (Ellentine

New Exploration Planned By Firm

New York special reports a firm planning a new exploratory aircraft project. Details outline a plane designed to probe unknown regions with potential scientific and industrial applications. Officials indicate early development stages and expected coastal testing phases.

Oil executive argues profits overstated in economy

John E. Swearingen of Standard Oil Co. says public misreads corporate profits and that high profits do not drive enough investment. He cites 1968 profits at 88 billion before taxes, with 24 billion distributed as dividends and 24 billion reinvested, while for productivity 68 billion was spent on new plants and 514 billion on wages. He notes rising wages but a drop in after tax profits and tax revenues in 1970, urging greater profitability to fund investment.

John E. Swearingen Standard Oil Co Indiana Swearingen Span Department of Commerce

Survey notes detail multiple locations and completions

The page lists numerous survey points with distances from section lines and townships, detailing locations in several counties. It includes measurements in feet from north south and east west lines, references to blocks, sections, and various named survey terms and entities.

Borden County LVO Corp Clayton-Johnson al Gail TAN T&p Survey James P. Dunigan Abilene Fluvanna Clyde Miller H&tc Survey Kent County James Jefferson Simms Clairemont Ida Sue Strawn W&nw King County Guthrie Bolin Oil VF Petroleum U. S. Teja Townsend Atoka-Morrow T&stl East Coast Texas Stonewall Peacock Gulf Coast Tannehill Stonewall County Louisiana Gulf Coast Anderson-Barbee Oil Co Labor League State Capitol Lands Survey Anton, West Clear Fork Anincews Wittcat UNG “Oi ‘Co Isis Geek Trom Orp Xe J.T. McHiroy Auth Ag Bibek F.C Csi Pissey Ugo Mules FA Mar Bellaire EL Mar Telawares Cait Tse Milee Mentone Dea EL Mar Belawaeey Texica Tink Oh A Dean Wolteridian Try San Anton Sims LSD Fom Agiti SAX Midland Fee Mack 41 Talsures Tecox Chen Valfeano flad-Kedford Ol Co Noni Guvis Impenal ABELL Ivey Lest Imperial Tey Secon Rock H&gh Linger Mobil No Cieartarky Mann Rankin Noo Ltda Weber Sines Aperial Geartork Cayanosa University Waddell Ateadoe Oil Co Noa Sole Ranch Bock St Perts T.A Rorapetey’ Tren Tom Brown The Hall Ain True Martin Sta Noneca Bedawick Ward Aurvey Sage Iplus Uray Perik Klls Abe Clune Sanders Ray St

Lea County Leads Rotary Rig Count Rise In Basin Area

The weekly survey shows Lea County up three rigs while Eddy County adds two as 186 total units drill in the Permian Basin across West Texas and Southeast New Mexico. Pecos shows 26 rigs, Lea County leads with 29, and several fields report small gains toward last year’s totals.

Eddy County West Texas New Mexico Erey Sivan Tiese G. W. Murphy Borden Lustries Chaves L Crockett Wheya Ts Ion Kem eLea County New Marlin Presidi Peeves

Also Mentioned on This Page

Anton Field Anton West BTA Rently Lef Sun Oil J. J. Hob Good West Field Sun W. C. Davis North Hockley County Dunigan Strawn Wolfcamp Reef Dean Spraberry San’ Andres Yates Yanna West Ellenburger H&tc Burney Igarza County Swenson-Garza Andrews Martin Kent King Dawson HLN G. Gil No. 128 Goldsmith Andrews County University Lands Survey Martin County Adobe Oil Kelly Stanton Lea County Washington American Petroleum Institute Daily Y Guya Goodine Tulsa Okla UPI Eres U Averies Low shell-State Hamm Sec-Ting Oil Co Bbb&c Dollarhide Fusselman St Andrews County Lea Gore & Munson Albany Swenson Ine New York Lubbock, Texas Max B. Skelton Houston United States IG Price London Equity
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