Texas oilmen weigh price, imports and court actions
In post holiday quiet oilmen weigh price trends and Middle East import issues. Gulf Coast Mirando crude moves up to 3.13 a barrel while Oklahoma federal court actions loom over crude purchases. Industry leaders, including IPAA and Gulf Oil, discuss import rollbacks and domestic production trends amid regulatory tension.
MENTIONED IN THIS ARTICLE
Cliff Edwards
Austin
Tex
INS
Middle East
Oklaoma
Gulf Coast
Texas
W. J. Murray
Railroad Commission
Miranda
Sinclair, Humble
Sun
Magnolia
Gulf Oil
Murray
Galt
Oklahoma
Oklahoma Corporation Commission
Oklahoma Commission
Gulf
U.S
Canada
U.S. Northwest
California
Bob Wood
Independent Petroleum Assn. of
America
Defense
Arthur Flemming
Wood
Intest Redu Thon
Abilene
Venezuela
Gulf OW
Fleming
Comole
South Texas recovery experiment with butane injection watched closely
A Houston independent oil firm tests injecting liquefied petroleum gas into the Ina field near Hondo to fracture a stubborn sand and mobilize oil. Wherry and Green report six rigs, 42 wells, and a potential rise in recovery from 19 to about 19 percent more, with outcomes watched by the Texas Railroad Commission and other operators.
MENTIONED IN THIS ARTICLE
South Texas
Houston
Medina County
Texas Railroad Commission
Wherry and Green
Inn Field
Hondo
Ina
Continental Names Two Senior Veeps
Continental Oil announces promotions to senior vice president and related moves. Harold G. Osborn becomes senior vice president in Houston, and A W Tarkington becomes senior vice president in Houston. RL Bosworth and L C Peters gain vice president or financial VP roles, with G T Pearson advancing to regional general manager. Chas A Perlitz Jr rises to executive vice president.
MENTIONED IN THIS ARTICLE
Houston
Tex
Continental Oil Company
L. ¥. McCollum
Harold G. Osborn
Ponca City
A.W. Tarkington
Fort Worth
RL. Bosworth
Okla
G. T. Pearson
Chas. A. Perlitz, Jr
Continental
Ira H. Crain
Harold Osborn
A.w.tarkington
Free World Crude Production Mixed in April Output
Oil and Gas Journal reports free world crude production averaged 14 861 200 barrels daily. US output fell to 7 146 000 barrels daily while Venezuela produced 2 702 700, the lowest since December. Middle East gains led by Kuwait and Saudi Arabia pushed regional totals higher despite Venezuela declines.
MENTIONED IN THIS ARTICLE
Free World
Verte States
Oil and Gas Journal
United States
Venezueh
Venezuela
Middle East
Kuwait
Saudi Arabian
Tran
Qatar
Atlantic Purchases Oklahoma Oil Property Increase
The Atlantic Refining Company will acquire half of Daube's 9 4 percent stake in Sholem Alechem Fault Block A Unit near Duncan Oklahoma. The purchase, plus a wash payment and oil consideration, aims to boost production by about 50 000 barrels annually from 221 wells over 2440 acres with water injection since November 28 195%.
MENTIONED IN THIS ARTICLE
Atlantic
Oklahoma
Dallas
Atlantic Refining Company
Stephen Couty
Duncan
Okla
Daube
Stanolind Ol and Gas Company
Conoco to Test Royal Super Gasoline in Houston Area
Conoco will test a new higher octane gasoline called Royal Super in the Houston area starting July 11. Harry J Kennedy, vice president, said the trial is to gauge demand and no immediate nationwide rollout is planned. Developed at Ponca City laboratories, the fuel will supplement existing premium and regular lines at 24 of 31 Conoco stations in metropolitan Houston.
MENTIONED IN THIS ARTICLE
Conoco
Houston
Continental Oil Company
Harry J Kennedy
Vicw
Kennedy
Conaco’s
Ponca City
Okla
Proposed Crude Line From West Texas To Los Angeles Slated For Second Look
A House Armed Services subcommittee plans a July 9 hearing on the West Coast pipeline project West Coast Pipeline Company led by John Mills seeks 80 million dollars in additional financing and a certificate of essentiality to cover a break even 73000 barrels daily.
MENTIONED IN THIS ARTICLE
West Texas
Los Angeles
Washington
House
Armed Service
F. Edward Herbert
U. S
T.$. Peterson
Standard Oil Company
California
Arthur S. Flemming
Defense Mobilizer
Energy
Armed Services Petroleum Purchasing Agency
West Coast
Dr. Flemming
U.S
ASPPA
Lowell M. Glasco
John Mills
Phoenix
Schroeder Named Production Head
Kingsley V. Schroeder of Beaumont has been named director of Production for Sun Oil Co. in the United States and Canada, succeeding retiring Robert W. Pack. He previously led Gulf Coast Division operations and will be replaced by L. Millard Moor in Beaumont.
MENTIONED IN THIS ARTICLE
Philadelphia
Kingsley V. Schroeder
Beaumont
Sun Oil Co
United States
Canada
Robert W. Pack
Jno
II Coast Division
L. Millard Moor
Donelson Caffery
Schroeder
American Association of Petroleum Geologists
American Petroleum Institute
Texas Socie J
Houston Geological Society
Beaumont Geological Society
Moor
Dallas Firm Expands Yoakum Field Interests
Producing Properties Inc announces two extra interests in wells from J C Williamson in Yoakum County Bronco Silvro Devonian Field. Combined net interests amount to .015625 and .02107 in two wells, purchased for 67250 dollars. San Juan Exploration Co of Dallas estimates about 63766 barrels added to Producing Properties Inc reserves.
MENTIONED IN THIS ARTICLE
Dallas
Properties, Inc
J. C. ‘Lliamson
Yoakum County
San Juan Eploration Company of
Proptooptics, Inc
API Pipeliners School to Train Pipe Line Technologists
Preliminary plans announced for a School of Pipe Line Technology to insure qualified manpower for expansion in the industry. Operated by the Petroleum Extension Service at the University of Texas in cooperation with Lee College Baytown Texas and the Trade and Industrial Service of Texas. Spon sored by the Institute Transportation Division. Fall term begins around Oct 1 with six week sessions and a $390 fee. Limited to 30 students with instruction from industry and university specialists.
MENTIONED IN THIS ARTICLE
Washington
Division of Transportation
American Petroleum Institute
Petroleum Extension Service
University of Texas
Lee College
Baytown
Tex
Trade and Industral Service of Texas
Institute
Transportation Division
Lea Prospector Logs Oil Flow In New Mexico Well
Humble Oil and Refining Company No 2 South Four Lakes Unit near Tea County reports oil flow with a small amount of water from Wolfcamp drillstem test. Flowed 148 barrels oil and six barrels salt water in three hours with a gas oil ratio of 1551 to 1. Drilling continues below 9 981 feet in lime and shale. Location described by land lines and section.
MENTIONED IN THIS ARTICLE
Humble Oil& Refining Company No
South Four Lakes
Tea County
Wolfcamp
North Land
U. S._ Smelting, Refining & Mining Company No
Gentry
Dark Canyon
Delaware
Eddy County
Chaves
Magnolia Petroleum Company
South Craves County
New Mexico
M.C. Brown
Hagersman
Cabot Carbon Company
Lowe
King
Lem County
Tatum
Monsanto Chemical Company
Lea County
Lubbock Graduate Wins Stanolind Fellowship in ME
Richard Loren Lowery of Lubbock has been awarded the Stanolind Foundation fellowship in mechanical engineering for 1956 57 at Oklahoma A&M College. The $1500 annual stipend covers tuition and fees while he pursues an MS degree with plans to teach science. the fellowship supports 16 such awards across 15 colleges in seven fields.
MENTIONED IN THIS ARTICLE
Richard Loren Lower
Texas Technological College
Oklahoma A&m . College
Lowery
American Society of Mechanical Engineers
Tech
Stanolind
Offshore Pipelines Face Growing Challenges and Advances
The Oil and Gas Journal notes offshore piping will reshape Texas and Louisiana gas and oil operations with longer lines, deeper waters, and new techniques. Pipe burial remains contentious and underwater welding is a key future goal. Williams Brothers’ barge enables efficient laying of Tennessee Gas Transmission Co. line in southern Louisiana. Mexican La Huerta deposits are estimated at 600 million tons.
MENTIONED IN THIS ARTICLE
Texas
Louisiana
Oil and Gas Journal
Williams Brothers
Tennessee Gas Transmission Co
Souther
Mexico
Senate debates price discrimination in oil industry
The Senate anti-trust subcommittee reviews a House bill to ban certain price discounts in oil. Supporters cite monopoly risk and loopholes in Robinson-Patman. opponents warn against rigid pricing and reduced competition. The NPA notes small refineries’ opposition.
MENTIONED IN THIS ARTICLE
Harry Wilson Sharpe
Washington
Senate
House
Senate Judiciary Committee
Supreme Court
Standard Oil Company of
Indiana
Robinson-Patman
M Grand Jury
Boston
Socony Mobil Oil Co
Associated Oil Co. To Go On Exchange
Associated Oil & Gas Co of Houston Texas will be listed on the American Stock Exchange Monday. By Dec 31 1955 it owned 42 producing oil wells and 23 gas wells in Texas and ran 11 rental yards nationwide. The Rental Division, largest of its kind, grew by 2 million in 1955 to meet demand.
MENTIONED IN THIS ARTICLE
American Petroleum Institute
Weat
Texas
Houston
Associated Oil & Gas Co
American Stock Exchange
Associated Oil Field Rentals
Louisiana
Oklahoma
New Mexico
Wyoming
Associated
Jensen
H. J. Mosser
Puerto Rico awards first offshore oil concession
Houston bidder Frank Creerie won a concession to drill for oil in Puerto Rico. He must post a $100,000 bond and guarantee damages, with six months to begin. The Development Administration plans to start drilling under studies costing $390,000 indicating potential oil in the island's southern region.
MENTIONED IN THIS ARTICLE
San Juan
Puerto Rico
Frank Creerie
Houston
Teodoro
Andrews County field location filings list long survey data
The document records railroad commission filings describing field locations across Andrews County with numerous sections blocks and survey lines. It references entities such as University blocks Sun Oil Co and Continental Oil with coordinates like feet from north and west lines and acres including 80, 40 and 66 feet. It lists many parcel descriptors, rotary references, and various company names in a dense OCR survey excerpt.
MENTIONED IN THIS ARTICLE
Andrews County
McFarland
Queen Sand
R. J. McFar
Man Ena
Univeral
US Survey
Andrews
Rotary
Martin-Clear Fork
Sun Oil Co
Artes
Lee Anuthweat
Buatrot University
Devooinn
Shell Noo Dad University
Fugeree
Bjork & 'U1
Au Ce Seandee
Gna Nu DE
Queen — Western Oil
Lamy
Lage
Paci Ches
Meres
Funcman Maxcho—Funcman
Pet. Corp
Roner Estate
Meyer Sarees
Arultine
Anvirewn
Paney
Wemartalenburger
Leiaes
Actos
Riage
Wolfenenparden County
Arthursprugheres
Gaetan Leek Heath
Shun
Blake SR
Noth Venton
Catherine Lawrence
Seminole
Also Mentioned on This Page
Ibill
IPAA
Eisenhower
Stevenson
Hi Rlman
Symington
Wellhead
Lyndon Johnson
Fisenhower
Lubbock Desk
Derrick Club
Lars Daniel
Core Lab
Ruth Sanford
Jane Nail
Blackwell Drig. Co
Laura Buccannon
The
Pecos Co
Catherine Taylor
Margaret Dye
Lester Swan
Brazos CW and Gas Div
Dow Chemical Co
Dowell, Inc
New Orleans
Tulsa
Brazos
Dowell
Drg Caemucal
Trias
South Lonsiana
Hale
Jim Mayes
Ideco
Dresser Industries
Western Drilling Company
Lee Harrison
Lubbock County
R. B. Wher
Wherry
Lubbock
TEXAN
Max M. Wilson
Gulf Oil Corp
Wilson
Pipeliners
API
Lea Prospector
O'Hara
Indiana Standard
NPA
Congress
Associated Oil Co
Nimhnea UN
Wankon
Ray Morrie
South
Denver
Rio
Aouth
Kame
Xouth
Ines
Seat
Neo Rtc
Aection
Hockley County
Waveltland
Anslind
SRR
Levelland
Amser—Woodes Pet Co
Anerson
Mies
Sern
Rioek
Thom Paesures Gsi Acti
Eekattor
Conny Musard Ginsrnes
Tata
Eas
Moore
Coxten
Patterson
Big Springs
Andregat
Hewitt
Granten
MN Acres
Mitchell Connys
Sharon Wide
Fim Rastines Af
Rene Fenn
Iversen
Sharin Hidke
Magan
Aunt Apes 3 Miveg Tmcinvest
Sraerages Sity Anderson
Priland
Spain
Sastopt Trean Senate
Seagtaven
Tor NaFy