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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Mar 20, 1960

Page

7

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.

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.

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.

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.

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.

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
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