Devonian Gas Strike Gauged in Lea County New Mexico
In Lea County NM a Devonian Wolfcamp and Pennsylvanian wildcat No 7M State of New Mexico is being tested 20 miles west of Hobbs. Texaco reports 1,890 feet from north and 1,980 feet from west lines of Section 1A8sBte Bend Marrow Strike seen. Pure Oil reports Bend Morrow sand gas discovery with 7.5 MMSCFD on test, and Will drill No 11.0 State Pennsylvanian wells nearby. Long Associated with Oil Field Service. The AOSC announces James C Wortham added to staff. No. 2 Florence Hall Strawn area and Humble No 1 Charles wells tested with gas and water production nearby.
MENTIONED IN THIS ARTICLE
Lea County
Texaco, Inc
New Mexico
Abe
San Andres
Hobbs
Mobil
Texaco
Del
Wolfcamp
Ate
Bend
Marrow
Lea
N.M
Wilson
Lamar TewPree
Association of Oil- Well
James C. Wortham
Wortham
Shell Oil Company
Ais
Air Force
Mincle County
Oklahoma
Muskogee
Okahoma Junior College
University of Oklahoma
AOSC
Headquarers Aire
Davis Building
Lamar DeuPree
R. W. Gorhich
Ishhner
Pool Well Servicing
San Angelo
Texas
First View
A.C. Chausse
Leanke
Oklahoma City
Milford Baggett
Baggett Drilling Company
Wichita Falls
Pure Oil Co
Morrow
Strawn
Concho
Charles
Wildcat
Hershey Pool
Rojo Caballos
Lubbock Oil Output Worth 1.2 Million Reported
Lubbock County’s oil and gas production last year valued at about 1.2 million dollars with 82 producing wells in the state and significant drilling activity. The report from the Texas Mid-Continent Oil & Gas Association notes 7 wells drilled in the county, 5 of which were wildcat explorations, and outlines spending on drilling, geophysical work, and leasing as contributors to local revenue and tax support. Royalty payments to landowners exceed 150 thousand dollars annually, with major companies paying rents on around 158 thousand undeveloped acres.
MENTIONED IN THIS ARTICLE
Lubbock County
Texas Mid-Continent
Oil & Gas Assa
J. Clyde Tomlinson
Association
Texas
Try
The
Oil & Gas Journal
International Oil Scouts Assn
Bureau of Mines
Lubbock Vaxes Pal County
Lubbock
Induster Lubbock
Firms Complete 793 New Wells This Week
The oil and gas sector reports 793 wells completed in the week, with 343 crude producers, 55 gas producers, 66 service wells, and 329 dry holes. NAS operators tally 190 new completions across states and regions, while Western Canada adds 68 completions producing 12 producers and 24 dry holes.
MENTIONED IN THIS ARTICLE
HSA
Louisiana
Shoma
Kansas
Ilinois
Californi
New Mexico
U.S
Canada
FPC Hikes Alt Rules on Unregulated Industrial Gas Sales
The Federal Power Commission proposes stricter rules to map interstate industrial gas sales. It seeks full customer lists and prices for 100 million cubic feet plus annual sales, pushing Congress for authority to regulate resale pipelines and improve data for regional pricing.
MENTIONED IN THIS ARTICLE
Warry Wilson Sharpe
Washington
UPI
Fed
Power Commission
J Mission
Congress
Commission
Iti
Joseph C. Swidler
FPC
Industerstate
UPT
Alto
Mobil's First Half Earnings Log Gain
Mobil's first half 1963 net earnings are estimated at 14.0 million or 2.75 a share, up from 117.4 million or 2.41 a share in the same period of 1962. Second quarter 1963 earnings are estimated at 65.6 million or 1.35 a share, vs 57.9 million or 1.19 a share in 1962.
MENTIONED IN THIS ARTICLE
Socony Mobil Oil Co., Inc
McCollum
McClum
Continental Oil Co
Oversupply noted by 63 first half records may hit later
Oil editor Bill Kalb reports a study on federal oil controls and price effects, citing a Kennedy administration report and remarks by Congressman Walter Rogers. The piece covers domestic price controls, depletion taxes, regulatory reform, and potential shifts. It also notes 1963 oil overproduction risks and a second quarter stock rise.
MENTIONED IN THIS ARTICLE
Bill Kalb
Avalanche-Journal
Walter Rogers
Pampa
Kennedy
Petroleum Study Committee
Departments of State, Treasury
Defense, Justice
Interior
Commerce and Labor
Department of Interior
Soult
U.S
Treasury Department
Max B. Skelton
Houston
L. F. McCollum
American Petroleum Institute
Basin-Plains Drilling Activity Sees Weekly Decline
Permian Basin and South Plains show reduced rotary rig activity this week as Reed Roller Bit Co. reports 218 units statewide, a drop of three from last week. South Plains at 129 rigs falls from 137 on the prior tally, with continued focus on Reed Roller Bit Co. surveys and 1982 drilling patterns in the region.
MENTIONED IN THIS ARTICLE
Permian
South Plains
New Mexico
Reed Roller Bit Co
Wor
New Mexico Rig Count Rises in Southeast and Plains
Dry holes in Southeast New Mexico show activity climbing to 59 rigs from 56. Lea County leads with five new units for 45 total, Pecos up to 17, Ector and Gaines 15 each, Eddy 11, Yoakum 10. July counts list county totals across the basin with numerous field notes.
MENTIONED IN THIS ARTICLE
New Mexico
Otago
Pawl
Plains
Smickett
Sue
Lea County
N. M
Pecos
Ector
Fusselman Caverns Drive Oil Traps in Dollarhide Field
Geological study by W. Floyd Wright details Fusselman dolomite in West Texas New Mexico forming caverns and tight structural traps. Faulting modifies Dollarhide and related fields while isopach and Sylvan shale data guide pinchout and reef exploration along the Tex Mex Arch. Economic reservoirs hinge on porosity in dolomites and karst features.
MENTIONED IN THIS ARTICLE
Texas Peninsula
Fusselman
Tex- Mex Arch
Fusselman Pincout
Stone, Midland
Ward
Goodfield
Borden County
Dollarhide
Tobosa
Tex-Mex Arch
Texas
New Mexico
Fussel
post-Fusselman
Northwest
Crockett
Tex-Hamon
Dawson County
Eguile Sabi — Hoteles Ene
Gata
Ars Breedlove
Mar
Ee Tin
Wiverek Nanomy
Seaboard
Barrow
Man
Icharison Otis
Also Mentioned on This Page
James Wortham
B. J. Ferris
Shell Oil Co
Midland
J. E. Galley
Ferris
Geological Department
Shell Development Exploration and Production Research Division
Colorado School of Mines
Midland Area
Roswell
Midland Area Exploration
Geological
Houston E & P Research Laboratory
J. F. Smith
Shell Oil Uprates
Smith
Roxana
Midwest
Southwes
Cen- Hil
Son
Perth
Australia
Kazuo Fujita
Japan
Federal Oil Control
Basin-Plains
Farle
James ‘Ailaway
Ho J. Hallway
MO Tsawin
Sec 20
Blk
PSL
Boweee
it _fillerton
Cink
FNL
See
OU Ae Sur
Weandrews Snitsken
Welle
Shell Co
Waddell
Sur
Hoomerang
Pena
General Crude Olt Co
Keete
Frwell
Adeat Ise
Ncuhry Ketty Snyder
Corri—Adole
Nowaarden
Nesaco, Inc
Buller
Ita PaLe & Lost
Aw-Snyder
Nesse
Eley
Ward—Snarrater
Owdd
Onl Gorn
Non Estes
Tomi Smekelt
Antisiene Ise
San Re
Wandever Petroleum
Wildeal
Broome
Fraels
Elk- Andrems
Borden
TAP Sur
Olers
NeMt
Melen S. Olver
Reagan
Youkaster
Pnie
Gibson Sur
Fusselman Oil
Andrews
Fullerton
U-city
Hustile O&k Co
Peel
Dean
Lascomb
CSL
T-Pay
Lark Sur
Biev
Gale
Bond
E.W. Douthnit
Jason
Dela
Texaco Inc
PNL
Fies
Wien
Tesco
FWL
Bud Meads
West
Este
Wit
Fuseelman
Ferman Basin
Wright
W. Floyd Wright
Central Basin
Eddy County
Montoya
Ton
Crane
North Goldsmith
Lauher
Abell
Woodford
Pecos Valley
Westman Reservoirs
Carlsbad
Isula
Llanoria
Bedford
Drews
Txl
Winkler
Wheeler
McCamey
Llanorig Channel
Ouachita
Rena
Woodford Shale
Midland Basin