Texas oil wells show discovery prospects in Tom Green and surrounding counties
Multiple wells reported production tests and drilling activity across Tom Green, Crockett, Ward, Winkler, Irion, and Upton counties. Prospects include a southwest Tom Green discovery near Lipan Creek with 2% barrel per hour flow, a Crockett Mesa field producer at 24 hour potential 496 oil barrels, and Pennsylvanian and Devonian test results across several rigs near Wickett, Kermit, and McCamey.
MENTIONED IN THIS ARTICLE
Thomas & Rutledge
Abilene No
Alice Hennig
Lipan Creek
Tom Green County
L. H. Armer
Fort Worth
J. S. Grant Survey
San Angelo
Seth Campbell
Winkler County
Ellenburger
McKee
Kermit
IRION
Paul Schkade
Onewell Wright-Feathers
Merizon
Irion County
Edward D. Livingston
Upton—Gulf Oil Corp
King Ranch Oil
Upton County
Mk&t Survey
McCamey
Thought stimulation urged to boost U S assets earnings
Mercer H Parks of Humble Oil told the American Petroleum Institute Southern District meeting that rising productivity masks a 40 year decline in asset effectiveness. He cited asset costs rising from six to eleven dollars per income dollar from 1947 to 1956 and urged openness to new ideas while criticizing repression of individual thought. Louis Koenig warned US freshwater reserves suffice for 200 years with rising capital investment in water resources.
MENTIONED IN THIS ARTICLE
San Antonio
Mercer H. Parks
Humble Oil & Refining Co
Houston
American Petroleum Institute
Mendations
Parks
U.S
United States
Louis Koenig
Koenig
Oil versus coal fuels policy debate grows sharper
A column argues the national fuels policy has weakened oil defense while coal presses to win federal market control. Writers urge readers in West Texas to lobby congress and their oil groups, warning that coal gains could cost industry jobs and salaries this summer.
MENTIONED IN THIS ARTICLE
Coal
West Texas
Big Empire Abo Well Gauged Near Artesia and Monument
In the eastern Empire field, No. 5 A State shows potential for 24 hour output of 1 110 barrels per day from a 24/64 choke after 3 hour test. Tubing pressure 375 psi, gas oil ratio 885 scf per barrel, perforations 6 026 40 ft, 1000 gallons acidized, total depth 6122 ft, 54 4 inch casing. Located 12 miles southeast of Artesia near Section 31 17s 28e and Penn Perforated LEA Texaco operates near No 1 CH State. Previously Siluro Devonian yielded water.
MENTIONED IN THIS ARTICLE
Ranch Pool
Mesa
Strawn
Gemmb&a
Wickett
Winkler — Texaco, Inc
Western Development
Hondo
Yates
Empire
Abo
No. 5
Artesia
Penn
Lea—Texaco, Inc
Lea County Wildcat
Monument
Empire Abo Pumping Capacity Raised Near Artesia
An Empire Abo Service Pipe Line Co affiliate has installed a 200 horsepower pump near Artesia to lift gathering capacity from 6 000 to about 11 000 barrels daily in the Empire area. Pan American Petroleum Corp operates leases in the Permian Basin and expects higher output as the system expands. West Germany will pay Greece 26 million dollars in Nazi persecution compensation for victims and families.
MENTIONED IN THIS ARTICLE
Service Pipe Line Co
Pan American Petroleum Corp.s
Indiana Oil Purchasing Co
Tokyo
Red China
Indonesia
Eddy County
N. M
Abo
Empire
Permian
Pan American Petroleum
Bonn
Germany
West Germany
Greece
Also Mentioned on This Page
Tom Green
Crockett
API Speaker Parks
Brady Fincas
Ave. H
Gibson 'S
Dominion Electric
E-Z
Gibson's Price
Gibson's
Gilbert
Revlon Cosmetics
Revlon Clean & Clear
Gibson
Drug Department
Kool
Kooshion
Jergen
ST. Joseph
Burgess
Dominion Steam & Dry Iron