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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Jul 28, 1963

Page

5

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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