Basin-Plains Rig Count Dips for Second Week
The South Plains Permian Basin rotary rig survey shows activity easing for a second week. Permian Basin totals fall to 588 rigs and South Plains rigs drop to 20 as fewer fields operate.
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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jun 30, 1959
Page
4
The South Plains Permian Basin rotary rig survey shows activity easing for a second week. Permian Basin totals fall to 588 rigs and South Plains rigs drop to 20 as fewer fields operate.
Filed drilling report details new pry zone in Lea County near Montmer, with initial tests showing oil and gas potential from Devonian and Enmont formations. Completion data include 24 hour gas flow and salt water production, and offsets near Mallamar and Tacky Lake fields.
National Guard unit Company 1st Battle Group nd Infantry trains at Fort Hood. The Plainview guardsmen will participate in a welfare exercise and take on roles as volunteers. The rotation will include eight units undergoing muster and roll calls at the camp.
Pan American Petroleum Corp operating from Abilene staked wildcat No. 1 Gordon Cravey about 19.35 miles northwest of Clairemont in northwestern Kent County. Drilling to 6,600 feet planned in Strawn Pennsylvania Field area near SMS Yoni field with several nearby reference points. Ohio Oil Co also spiked a location in Roosevelt County New Mexico near the Bhuil Pennsylvania Field and began drilling below 125 feet as of last report.
Midwest Oil Corp of Midland Texas reports No 1 M S Jones Strawn Sevens Field extension in northeastern Borden County displaces Ellenburger production. The three quarter mile extension on a 610 acre lease produces 69.09 barrels of 43.9 gravity oil with 51 barrels water after a 24 hour acid treatment. A second well No 1 Milliken in the same field depletes Ellenburger and remains in Strawn production with shots at 1980 feet from north and 660 feet from east on a 320 acre lease.
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