Oil tests target Hockley Garza Lamb Counties prospects
PERMIAN BASIN operators run tests in Hockley Garza and Lamb Counties to pursue discoveries. Gulf No 23 M G Gordon in Slaughter field shows oil gas flow with drillstem tests. Swenson Garza field indicates Strawn B testing. Clear Fork in Lamb County near Anton prospects with 38 barrels oil 24 hours. multiple wildcat plans in Mockley and Garza counties with depths up to 10,500 feet.
MENTIONED IN THIS ARTICLE
Permian
Hockley
Garza
Lamb
Hockley County
Slaughter
San Andres
Gulf
M. G. Gordon
Wolfcamp
Westbrook
Swenson-Garza
Strawn and
Ellenburger
Swenson
Post
Garza County
No. 2
H&gn Survey
Clear Fork
Littlefield
Lamb County
Anton
BTA Qil
Anton, West
Labor 21
League 686
State Capitol Lands Survey
Anton, West Field
North Sea oil boom eyed as multibillion offshore drive
A special North Sea report notes plans for up to 3.5 billion dollars in development over six to seven years to tap reserves under the sea. UK Norway Denmark and The Netherlands push exploration with 14 rigs active and 15 more under construction, aiming for daily output over three million barrels by decade end.
MENTIONED IN THIS ARTICLE
Tulsa
North Sea
Oil and Gas Journal
Norway
Denmark
Netherlands
United Kingdom
Journal
United States
California
Washington
Louisiana
U. K
Forties
Saudi Arabia
Ghawar
Forest Oil reports Velma wildcat in northeast British Columbia
Forest Oil Corp. announces a new exploration well on its Velma prospect in northeast British Columbia. The 3600 foot test targets the Gething Bluesky formation with Graham Michaelis as operator. The Velma well lies 342 miles south of Forest’s earlier Gething Bluesky discovery that produced 30 MMcf/d and is located near Millican Creek Beaton River oil field.
MENTIONED IN THIS ARTICLE
Mockley County
H. L. Brown, Jr
Midland
Carter
Levelland
Labor 14
League 29
Alascosa County School Landh Survey
Garza County
Allen Connell
Post
General American
Kirkpatrick
Gh&h Survey
Denver
Colorado
Forest Oil Corp
British Columbia
Graham Michaelis
Forest Graham Michaelis
Velma
Millican Creek-Beaton River
Ambitious Oil Completions Across Texas and New Mexico Seen
Readable segments show multiple oil completions and locations across Andrews, Crane, Culberson, Pecos, and Hale counties, with detailed well positions, survey blocks, distances from north and east lines, and depths. Amoco Production Co and other operators report numerous unit wells with hundreds to thousands of feet measurements, indicating prolific activity in the region.
MENTIONED IN THIS ARTICLE
Andrews
Fullerton
Texas
McElroy
Gulf ON Corp
McEilmy
Crane
Band HN
Humble On & Refining Co
B. Tubb
PSL Survey
Monahuns
Gulf of Corp
Hutchings Stock Association
Culberson — Wikicat
North American Hoyalties, Inc
Potter
T&p Survey
Gor Auz l
Narthenat
Mwurmhile Oil & Cy
Moat Camery Enat
Becton
Abs
Fubb
Owwo
Drys Reeves Wabhs
Weel
Guf GH Corp
Bechon
PSL
Bago
Pbh
San Andres
Amoca Production Cn
Tea al Ruwardy
CAL
Lal Bopd
Rey & Bor Not Seniet Pawson
Welch Isan Agdris — Kewaneeil Co
North Welch
Miock
Ted Weiner
Shelton
Shenandoah Ol Corp
Dan Auld
Hedlon
Voaktm — Wasson
San Amires
Amon Meda
Tok Wasson
John II
MIT
Prent
Chriumann & Eae
C.cox
Foe
Ms Pal
Gbr
Tankers Pan Cape Route At Rough 70 Minute Intervals
Shipping experts say oil tankers move from the Persian Gulf to Europe and North America via the Cape of Good Hope at roughly one every 70 minutes, underscoring ongoing traffic along the southern tip of Africa.
MENTIONED IN THIS ARTICLE
Cape Town
South Africa
Persian Gulf
Eulropean
North American
Africa
Oil Economist Warns Embargoes Could Hamper Growth
An oil economist warns that embargoes may limit growth as imports rise. He notes domestic costs could fall but U S dependence on foreign oil raises security concerns for industry leaders in Houston and Tulsa.
Oil politics feared as foreign crude prices climb
Petroleum economist warns of political blackmail by oil nations that supplied 23 percent of U.S. crude last year as Cairo reports urge punitive action against U.S. oil interests. Experts say Middle East control could shift Western Europe and Japan's long term energy and foreign policy.
MENTIONED IN THIS ARTICLE
Gonzalez
Abott
Cairo
Mahmoud Fawzi
Nixon
Israel
Europe
Fawzi
Middle East
Mideast
Soviet Union
Japan
U.S
John St Lichtblau
Petroleum Industry Researcyy, Foundation
Western
Liquefied Gas Sales Increase in 1971
National LP Gas Association reports U S liquefied petroleum gas sales reached 19.440 billion gallons in 1971, up 29 percent from 1970. Residential and commercial use led gains, with total production about 2.2 billion gallons higher than 1970, while fuel and industrial sectors also expanded.
MENTIONED IN THIS ARTICLE
U.S
National LP Gas Association
CLS
Bureaus of Mines
Talijorn Pradtbonme
Natin Taiilons
Prinenpadd
Rotary activity in Lea County grows to 202 units in basin area
Lea County records show 202 oil field units active in the basin area amid a weekly survey by Murphy Industries. Tea County leads drilling with 42 of 25 units on location, while Pecos County Texas reports no rigs, down from 21 earlier.
MENTIONED IN THIS ARTICLE
Wo Murphy Ine Dustries
Tea County
New Mexico
Pecos County
Texas Railroad Commission District &Midlands
Hobbs Spelling Bee Sets Date for March 20
Hobbs officials announce a spelling bee set for 7 p m on March 20 in the high school auditorium. Joe Walker of New Mexico Junior College will be pronouncer, with a panel including Nathesa Morris Barbara Houston and Kenny Shearton. Two contestants from each Hobbs area school compete with the winner advancing to a regional in Lubbock.
MENTIONED IN THIS ARTICLE
Eabthiads
Guditorniumm
Joe Walker
Ehai. Amour
New Mexico Junior College
Nathesa Morris
Hobbs News-Surti
Barbara? Houston
Von
Inglish
VHS
Kenny Shearton
Watson Prockined Supply
Hobbswall
Warner
Lubbock
American Firms Face Challenge as Foreign Capital Grows
A Houston AP report notes global oil capital spending in 1970 rose to 20.1 billion with the United States receiving 8.2 billion and foreign regions totaling 11.9 billion. U.S. investments held steady at home, while foreign firms boosted investments in Western Europe and the Far East amid declines in the Middle East and Latin America.
MENTIONED IN THIS ARTICLE
Houston
Free World
Oyear
Chase Manhattan Bank
World Petroleum Industry
For
U.S
United States
Europe
Far East
Andoin
Canada
Middle Eoast
Africa
Venezuela
Gawkers
Company Plans Peru Wildcats
Atlantic Hichfield Co. says its Peruvian subsidiary will drill four exploratory wells within four years. Area Peru Corp would earn a percentage of crude oil produced if commercial quantities are found under a 35 year contract. The project centers near the Aimazven Basin along the Weagal Haver tributary of the Aravon River.
MENTIONED IN THIS ARTICLE
Neaw Yoru Specialis Atlantic Hichfield Co
Peru
Tom Downer
Yee Pression
Krndiny
Lima
Petroleas Foe
Area Peru Corp
Aravon Bieer Petraleas
Aimazven Basen
Refiners Asked For New Fuel
A GM proposal seeks a radically new gasoline to cut emissions and boost performance for 1975 model year cars. The plan would raise refinery costs and fuel prices while pushing automakers toward a near zero emission engine.
MENTIONED IN THIS ARTICLE
Tula
General Motors Corp
Paysadels Ae
Puble Td
Magazie
Also Mentioned on This Page
Ray Westbrook
Petroleum Industry
Smyer
East Hockley County
Union Oil
Strawn Pays
Railroad Commission
Okla
J. Gonzalez
Conzales
Liehtbhai
Chavas — Ineth & Watson
BROS
Pan Howe
Cresaien
LEA County
Hostrieh Mase
Dastrict
Sh Dastriet S.aebabboedke
Pasthaet Fcs
Tan Aneedad
Uinats
Hobbs
Sinyer
IN Capital Funds
Max B. Skelton
Company
A. Costhoses
Lohmann Orweil Service Inc
Corm Plate Liquidation &Verything
Broadway Place
Hoth
New Menen
Dereck
Franks Baplocer
Weil Yerereng Unity
Derek
Hopper Cgixkta Hiustrmobile Dod Wei
Ford Ua
Larrea
Miller & Miller Auctioneers, Inc
Camp Bowie
Ot. Worth
Texan
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