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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Jul 12, 1970

Page

6

Oil demand resilient as economy cools prospects

Houston AP reports a Chase Manhattan Bank review showing oil demand remained strong in early 1970 despite worries. Gasoline and distillates rose while jet fuel and kerosene demand climbed, heating oils strong in a colder period, while heavier fuels lagged but overall year demand still outpaced earlier expectations.

Houston Chase Manhattan Im Sports Nixon

Oil policy sparks cross party dispute over seabed rights

Oil leaders oppose Nixon plan to cede continental shelf resources beyond 200 meters depth to a United Nations committee. They warn the move could surrender about 660,000 square miles of potential oil and gas, with US estimates of 640 billion barrels of crude and 1,590 trillion cubic feet of gas.

United States Nixon U.S No-Man's Land United Nations Committee National Petroleum Council Louis ‘Ana Hunt Texas New Mexico Oklahoma Louisiana Mississippi Wyoming United Nations United States Geological Survey

Day promoted to Western Area manager of Mid-Continent Supply

A. Day promoted from division manager at New Orleans to Western Area manager of Mid-Continent Supply Co. He will head quarters at Midland. Day joined Mid-Continent as a cat sander in Mes, later worked in Fullerton Hobbs N M Odessa Casper Wye Stering Colo before Denver stor es supervisor. In 1963 he rose to Denver division manager, then transferred to New Orleans as division manager. A Brady native, Day served in the U S Coast Guard in World War I.

A. 2 Day New ‘Orleans Western Area Mid-Continent Supply Co Midland Cat Sander Mes Company Fullerton Hobbs N.M Odessa Casper Wye Stering Colo Denver New Orleans Brady U.S. Coast Guard

Oil firms warn East Coast power hits from fuel shortage

Skelly Oil Co says brownouts in East Coast metropolitan areas could occur this summer due to a severe fuel shortage and delays in offshore lease sales. The industry notes the Gulf of Mexico leases remain unsold, threatening future oil and gas supplies amid rising consumption.

Tulsa TPS Skelly Oil Co Gulf of Mexico Skelly Interior Los Angeles U.S Conaco-National Coal Signal Oil Cent and Gas Co Used Service Co Atlantic Richfield Marathon Oil Co Viking Conoco N.C.B North Sea L. J. Ryman Ex-Said Gulf of Mex

Nigeria crude surge defies forecasts in oil journal note

The Oil and Gas Journal reports Nigeria nears one million barrels per day in May with onshore and offshore fields driving growth. Analysts cite new wells, partnerships with Gulf, Mebth, Texace Chevron, and Shell BP as key to rapid recovery post war.

Gulf Mebth Texace- Chevron Shell British Petroleum Team Tulsa Coss Oil and Gas Journal Nigeria Houston Humble Bat Refining Co Ana Burrs Cal Humble North Amer Houston Aviation Europe Japan Joseph A. Foster North Africa Houstondustry Chamber of Commerce Foster Tapine Lip Hyman Qualitron Aero, Ince Quick. Worth Tenneco, Inc

Texas wells drill tally from latest week reported

The Railroad Commission counted 15 wild gas wells drilled in Texas last week, bringing the year’s gas total to 228, just one short of last year’s pace. Nine were in the Corpus Christi District, three in Houston, two in Midland, and one in San Antonio District No 1. Three wildcat oil wells were drilled, including none in San Antonio District No 1 and one in San Antonio District No 2, lifting the yearly oil total to 192, ahead of last year.

Austin Texas Railroad Commission Corpus Christi Houston Midland San Antonio Dist San Antonio Texes

Worldwide oil commitments face funding squeeze in 1970s

Chase Manhattan Bank and First National City Bank warn oil companies will struggle to meet worldwide commitments due to capital shortages and weak financing. The banks cite a 1969 earnings dip, shrinking working capital, and reduced capital spending as signals of mounting funding obstacles for the petroleum sector.

New York UPH Chase Manhattan Bank First Natonal City Bank City Bank Midtara Aewn Action Trl Chase Manhattan

Unclear mineral land records listing locations and completions

Fragmented OCR shows locations and completions notes for multiple sites and properties. Mentions Bayview East San Andres Redfern Carp Hughes Calhiena Sabine Port Stockiean and Pan American Pet Cem among many scattered place names and numbers. No coherent narrative or single event evident.

Erle Tor Towlen North van Amerian Pet North Cowden Odessa

Oilman says law not solution to air pollution

Tulsa based Humble Oil Co president Dr. Chas F. Jones argues that passing laws alone cannot solve air and environmental pollution. He urges industry to clean its own house first and to provide leadership for informed actions to protect air water land and life. He expresses mixed emotions about industry progress and calls for sustained public and governmental action.

Tulsa Okla UPI Chas. F. Jones Humble Oil Co Earth Jones Pas Hye

Shell Oil names new Midland exploration manager

Walter Mc Winfrey named division exploration manager for Shell Oil Co in Midland succeeding Larry Gordon who moves to New York to head Explorations Economics. Two Midland landmen Monkress and Oliver retire after long service. Mc Winfrey’s career spans Bakersfield Ely New Orleans Farmington and Houston research roles.

Walter Mc Winfrey Shell OU Ch Mid Cononent Midland Larry Gordon Midlandivision New York Imanager University of California Bakersfield Calif Ely New Farmington New Orleans Research Center Houston California Exploration Division Monkress Shell Wink Iland Area Land Oliver Od Emili Aimee

Also Mentioned on This Page

AS Naa Herbert Hunt Irock American Association of Oilwell Drilling Contractors AAODC U. S California St. Sen Ted Stevens Alaska Nix Plan Ft Ant Stevens East Coast American Association of Oilwell Drilling Contractors Interior Department North Sea Fund Challenger Scripps Institution of Oceanophy Commission Gas Wells Abilene Bearden,Ark The University of Arkansas Cowden North Guades Lad BND PRA Gores Ecienbarger O- Revine Ag Cres de Ce Calhiena Noo Sabine Roy Corp of Rec Torr Sur Port Stockiean Benerah Gory Adobe Wold Sale Bank of Fort Wees Fages Bleck Palenbargers Peete Winkler Sauchter Pan Amerian Oss Biles Msc Gray Gor Aml Dawson Welch Een Andress Tansehill Edwards Maughier Humbert Rev Bae N. Prl Kiev Southards Neofee Woo Frazer Bruges Sue Ah Lems Gunn & Merders Ib Ejneth Beatahe le Rand Hato Sur Hopt Grav Anton Hieh Barterky Bund Ob Corp A le Reese Lap Wee Lin Ale Alex Thon Ponser Terry Slaughter Humbie O&f Bley Sala Gor Isan Andre Walteatup Freeport Ol Co Pen Sid OH Oibean Sur Dan Andres Ray Wasson Marathon O Co Waplea-Plaster Dipson Gba Ite Tél Bik Suis OH Smb Wasmon - Tan A Nt Son Tms J. OH Talon Sur Anyang Winfrey Shell Oil Loither Serles
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