Alaska oil boom promises and peril two years on
Washington report tracks Alaska's oil boom from 1968 discovery near Prudhoe Bay to costly delays. It shows lenders worried by 13.6 percent spring unemployment, state debts, and looming loan defaults as natives seek land and jobs while Trans Alaska Pipeline System debates permits and safety. The piece notes Hickel’s stance, TAPS scrutiny, and possible economic collapse without pipeline progress.
MENTIONED IN THIS ARTICLE
San Andreas
California
Northwest
Walter J. Hickel
Alaska
Hickel
Fairbanks
New State Labor Department
Department
Stevens Village
Stevens
Barbara
Wince
Gulf of Mexico
North Slope
Atlantic Richfield and
Humble Oil and Refining Co
Prudhoe Bay
Beaufort Sea
Washington
Congress
US Us
Keith Miller
Valdez
Humble
Atlantic Richfield
British Petroleum
Trans-Alaska Pipeline System
TAPS
Interior
Stewart Udall
390
Interior Department
Santa Barbara
United States
Miller
Oil Drilling Slump Deepens With 27 Year Low
The Associated Press reports a renewed drop in U S drilling activity. On June 22 only 960 rotary rigs were operating, down from 1 043 three weeks earlier, amid a prolonged downturn after a brief late March rebound.
MENTIONED IN THIS ARTICLE
Max B
Skelton
Associated Press
Houston
Warren L. Baker
American Association of Oilwell Drilling Contractors
Baker
Dalf
Iwine
Vietnam Piaster Move Proposed for devaluation and crackdown
A House subcommittee urges a firm U.S. stance on devaluing South Vietnamese piasters and curbing black market money changers. It argues devaluation at a realistic rate would save American taxpayers millions, with Secretary of State pressed to push for a lower exchange rate in U.S. transactions in Vietnam.
MENTIONED IN THIS ARTICLE
Washington
U.S
House
House Foreign Operations Subcommittee
William P. Renglers
South Vietnam
Severe Slump in Oil and Gas Reserves Reported
Analysts warn of a sharp drop in U S proved crude oil and natural gas reserves ending 1969. Oil reserves stand at low levels with production ratios reaching 12.8 times 1960, while gas reserves show a seven year decline. Baker notes reduced exploratory efforts as consumption rises, signaling possible shortages.
MENTIONED IN THIS ARTICLE
Poker
TOTO
Baker
Hope for Alaskan Economy as Pipe Unloads at Valdez
Derrick unloads cargo of 4inch pipe for the Trans Alaskan Pipeline at Valdez Alaska. The line aims to carry oil from the North Slope 800 miles away to the port but faces extensive red tape delaying construction.
MENTIONED IN THIS ARTICLE
Valdez
Gulf of Alaska
North Slope
West Texas drill activity spans Reagan to Yoakum counties
Oil firms plan multiple tests across Reagan Dickens Crane and Martin counties with Texaco and State Oil Co. lines. New wells include 11 400 foot in Reagan No. 11 T K Weatherby, 10 000 foot probe near Lubbock, a 4 800 foot test near Spur, and a 9 100 foot outpost northwest of Stanton.
MENTIONED IN THIS ARTICLE
West
Texas
Reagan County
Styles
Texaco Inc
T. K. Weatherby
Islerr Survey
Lubbock
Roden Oi Co
Midland
Ford
Iblock A
Lee Harrison
Clearfork
States Oil Co
iAbilene
Dickens
Offield
Spur
Hegn Survey
Croton Creek
Tannehill
CRANE
Ellenburger
Edwards
Crane County
T&p Survey
South
Martin
Stanton
Western States Petroleum Co. of
P. K. Jones
Undwell
Locations And Completions Locations And Completions
Fragmented OCR listing locations and completions of oil and gas wells across multiple counties and survey blocks. Items mention operators such as Mobil and Keystone with numbers for sections, FEL, FNL, and labor figures, plus references to specific oil fields and survey data.
Wildcat oil survey notes near towns and lines
The fragment lists various wildcat oil and gas drillings with feet from north south east and west lines, section and block references, in areas around Tennyson Kent Girard Mercury and Roscoe. It names Pearson Siberths Co Gallerict Miller and others, with elevations and offsets described.
MENTIONED IN THIS ARTICLE
Ififth Wolfcamp
Paduca
Midland
John L. Cox
Buchanan
Midland County
Spraberry
Seaion 35
T& P Survey
Reeves
Superior Oil Co
Fusselman
H&gn Survey
Coke — Cham
Gregor Arto
W. Coleman Eurvey
Tennyson
Pearson-Siberths Co
Devi Ave
Pearson
Kent Fe
Kf. Galleric
Mercury
Nolan
el Puso Natural Gas and
Prudential Funds
Young
Orthan Ao
Roscoe
Tachi
Also Mentioned on This Page
Petroleum Company
Arctic
Yukon River
Canadian Northwest Passage
Bering Strait
Bering
Beaufort Seas
Vernon
Standard Oil of
New Jersey
Jersey Standard
Canada
Taps Washington
iQuinn O'Connell
O'Connell
Interior Committees
Hhekel
Saencegyers
Iam T. Pecora
U.S. Geological Survey
Pecora
USGS
Apl
Vietnam
Lubbook
Reagan, Lubbock, Dickens
Wildcats
Wolcamp
Morrow
Eddy County
Noe
Malaga
Dickens — Wildest
States
OH Co
C. F. Offield
Hockley — Slaushier
Skelly OH Co
Lincoln
League
Maverick C&l
Sundown
King — Burnett Ranch
Taubert
Gunn Medders
Howard— Wildcat
Wolfcamp
Kunselman
Eilenburger
Mobil Oi Corp
Owen Chalk
WaNw
Keystone
Cofsy
Ompleti Andrews - Naiey Mnevontan
Tevaontre
Westbrook Oilorn
FNL
Labor
Cacai
Adala Ee Mettork
Lower Cleartork
Pe Canyon
Pevyonian
Ellenurge Heeven
Wabe
Malian
W. Adams & Son and
ADAMS
MCU
Amy Sad
Hudson (Red) Drilling CO
Lefors, Tex
Topspay
Hios Brewster
Derrich Cardwall Bi
Orum
Bucyrus Erie
Seamass
National
Gardner Denver
Cabot
Wisconsin Bkn
GMC
GK Waukeshas
Bude
NKE Waukeshe
CK Waukesha
Ford Gaa
Dart
Rotery Howe
Twodeway
Motorola
Bank OF the Southwest
Cee Nee Emt
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