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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Mar 22, 1964

Page

4

Six Categories Announced for Annual Short Course

Western Petroleum Short Course outlines six general categories for the production corrosion and paraffin control program. Topics include cementing design for deep Delaware Basin wells, reservoir behavior under water flood, history of a high pressure sour gas well corrosion, cathodic protection of oil field lease equipment, and related diagnostic and economic factors.

Topes Wkiedt Delaware Basitt Cedar Lake Pield- San Andios Seurery County BHP Brown Basset

Automation Symposium Set By Hobbs SPE

The Hobbs Section of the Society of Petroleum Engineers of AIME will host the second Total Production Automation Symposium in Hobbs on April 16 in the high school auditorium. Gov Rick Campbell will give the keynote address on paraffin problems and automation. Executives from Mobil, Continental, and Shell will discuss production automation and exhibit equipment.

Hobbs Spe Hobbs Society of Petontount Enguinnrs of AIME New Mexico Govrick M. Campbel Elmieatin Interstate Oil Compact Commission Cear C. Asion Smith Cylemitnmanttes Service Oil Co Bartlesville Okla A. J. Magsad Mobil Oil Co New York Frank T. Eliott Geptinental Oil Co Fort Worth T. H. Dwyer Prodiction Timager Shell of Co Rosweil

Completions Of New Wells Off In Several States

The Oil and Gas Journal reports 694 completions for the week ended March 14, with Texas 215 Oklahoma 84 Kansas 48 Louisiana 65 California 38 Ohio 1h and Texas with a riseWyoming 35 shows an increase to 18. The national totals include 316 crude producers 98 gas producers and 29 tracer wells plus 3 service wells and 16 wildcats of which 28 were productive. First topic discusses money saving ideas from a dynamometer card and covers gas tubing installations pumping systems and subsurface accessories with related topics and a Central Versus Plunger Pumps study for high pressure water injection. Registration for a short course on April 28 in the Tech Student Union is announced for petroleum engineering West Engineering and Architecture-Computer buildings.

Tulsa Journal Sf Operatirs Dexen Texas oil_and gas ‘companies Daka Oklahoma Kansas Louisiana California Ohio Trinoix Wyoming Cone Linal Board Texas Water Commission Capitan Reef Isonree West Texas

Steady Flow Of Dollars Seen In Oil

Texas oil and gas industry remains a steady economic contributor with an average of over 28 million dollars annually for a decade, despite pockets of low mood among drilling contractors and suppliers. Production hit record levels in 1951 with near highs in 1957 and 1963, while costs and tighter regulation challenge operators amid a period of market transition.

Prisig Sewell Texas Landslature Railroad Commission Texas U.S. Bureau of Mines Suez Canal U.S Congress Federal Power Commission

Oil Production Remains Steady Across U S Regions

U S oil output held steady for the week ending March 14 with an average of 2,601,220 barrels per day, down 4,430 from the prior week. State results show Louisiana California Texas Oklahoma and Wyoming contributing. New Mexico and Africa also noted in the survey.

Tulsa U.S Oil and Gas Journal Tess Louisiana California Wyoming Africa

Phillips Report Shows Income Up

Phillips Petroleum Co 1963 net income rose to a record 13.9 million dollars or 2.40 a share versus 16.7 million dollars or 3.11 a share a year earlier. The rise reflects two large items including 25.4 million from Union Oil stock sale and a 25 million provision for offshore and foreign properties.

Philliis Petroleum Co Union Oil Co California U.S Treasurs

Metcalf Named Manager for Refinery Complex in Venice

Houston Metcalf named general manager of the Cineinati Ohio refinery and the natural gas liquids plant complex at Venice Louisiana. He will relocate to Houston for headquarters until construction begins, with J A Burns succeeding him at Cincinnati as general manager.

Houston Metcall Gen .Gut Off Corp Ohio Tvstret Venice Dietz Idomestic Refining Cincinnati J. A. Burns Gull Port Arthur Metcalf

IPAA Meeting Set For May in New Orleans

In New Orleans, IPAA plans a May 4 luncheon with keynote addresses by Interior Secretary Stewart Udall and Sen. Russell Long, joined by Rep. Hale Boggs and other leaders. The event marks the 88th Congress midyear gathering of oil policy figures and producers, with A True Jr. slated to present the association’s first May report.

New. Orleans Department of Interior Stewart L. Udall Johnson Sen Russell Long Ralary Hale Boggs Louisiana Ses Petrote Tiarial Organization America Sas IPAA Dave) True, Jr Case Udall Pearance Association Dallas Interior Department H. A. True Casper Wyo True

The Colossus of Shale Oil Awakens in the West

A long dormant shale oil deposit in Colorado Utah and Wyoming is explored as a potential trillion barrel resource. The Independent Petroleum Association of America seeks a comprehensive study and recommends policy reviews on leasing tax and energy competition with a deadline of April 1.

Colorado Utah Wyoming Eugene Knoony World Independent Petrolcum Association of America Interior Stewart Udall TPAA

Standard Oil in Indiana Reports 1963 Earnings Rise

Standard Oil in Indiana stockholders learn from the annual report that 1963 net earnings rose 4.55 percent to $183,092,000 on $2,245,802,000 revenue. Cash income was $10.79 a share, with total assets at $3,206,648,000.

Chicago Standard Oil Co Indiana Indiana Standard John E. Swearingen Swearingen

Outpost Drills No. 108 University Andrews Offshore Site

Ancient oil field notes describe Ward County and Andrews County operations. No. 108 University Andrews offshore outpost drills at a 21 mile southeast location with 4,300 feet depth and a dual completion. Early results show gas and oil flows with substantial production potential and detailed perforation data.

MIRA seeks code of fair competition to end price wars

Mid-Continent Independent Refiners Association urges FTC to convene an industry conference and craft a code to curb price discrimination and discounts. The plan requires Justice Department and FTC approval and broad industry cooperation to help independent refiners survive.

MIRA Harry Wilson Sharpe Washington UPI Justice Department Anti - Trust Division FTC Mty Texas Oklahoma Kansas Missouri Minnesota Wisconsin Colorado Kansas City St. Louis Wichita Des Moines Pallas Fort Worth Roosevelt House Robinsone Patman Troleum Refiners Association NPRA Congress

Oil Firms Report Record Earnings Amid World Oil Surplus

Houston AP report notes a global oil surplus despite major firms posting record 1963 earnings. Gulf Oil, Texaco, and Indiana Standard show strong revenues and profit growth while wholesale crude prices remain weak since 1958. Industry leaders forecast 1964 gains amid fluctuating costs and expanding demand.

Max B. Skelton Houston Gulf Oil Dolphins Esas Standart Oil Co Ndiana Texaco Inc

Fisher Well Finaled Deep Wildcat in Pecos County

The report details a Pecos County oil prospect by Fisher-Laudentale Straughan Drilling Co. It covers location near Blackstone-Slaughter 32 miles southeast of Fort Stockton and drill results including 10 barrels of oil per day from 3 508 912 feet, gas production of 5 200 000 cubic feet daily, and flowing tubing pressure 4 328 pounds. The project notes multiple formations Devonian Ellenburger and Wolfcamp with varied production and measurements.

Andrews Phillips Petro- Jonns Co University-Andrews San Andres Andrews County Andector Jet Andrews University Lands Survey Ward—Giulli Oil Corp du Jaily Hatchings Stock Association HSA Ward County Block Grmmer&a Monahans Concho—Amer K Anderson C Wiseal RobiMon Bro Wien Weil Menard North Fod Gaines Guverie Menard County Chiverigs Aiden Sepummle Connell Ofter Mush D. C. Tankersley Abilene Nitseh Kingsand J. Pollevant Survey Pecos Atlantic Refining Co Neal Coyanasa Ellenburger Timi Ta & i Hiwallan Tlowei Hoke Watson Midland Retuew Capie Hal John E. Sifingen Indiana Superior Oil Co Allenburger Wi Blackstone-Slaughter Fort Stockton Pecosi County T&sil Survey Parkett Devonian Fisher County Rotan Coylanosa

Also Mentioned on This Page

Sestern Petroleum Texas-New Mexico Permian Bay West Texas Fl GOV Tack Campbell Phillips New Orleans Stewart L, Udall Ha, True, JR Oor Hydro Green River The East Texas Riowk Union Tes Ws Pet Cane Univ Univ Ds Sur I Andrews Taacy Fatsney Gory Ieee Nevins Cry Ram Tom Miyake Autee Rhett Bee Ugk Fm Jerie Leomil Tribe Gray Chan Skothine Sant Apa Siciair Ley’ Gas Penkarp Dern Humble O&r Jackson Parker Pst Sur Ties Pease Donald C. ‘Offa National P Wasford Jevels Gail Néterna Bill Swearingen Fisher Well Deep Pecos County
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