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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

May 02, 1963

Page

4

Deep Wildcat Drilling Moves Across Eddy Lea and Surroundings

Oil firms including Shell, Apache, Devonian Flow, Pure Oil and Union units pursue multiple wildcat tests in Lea Eddy and Carlsbad areas of New Mexico. Drilling locations span Section 31 16s 33e to 36 19s 29e with depths up to 22 000 feet. Production opportunities focus on Pennsylvanian, Morrow and Bone Spring zones as future results hinge on test outcomes and flows.

Maljamar Shell Oil Co Carlsbad New Mexico Eddy County Eddy Apache Corp Jfoot Exploration Midland Mallamar Kemnitz West Leas Hum County Ible Oil & Refining Co Henshaw Don H. Ford Roswell Union Yates Red Hills LEA Sinclair Oil & Gas Co State Lea Triple Wildcat Lea County N. M N.M Pure Oil Co Red Hill Rank Wildcat Jal Salado Draw Delaware

Locations And Completions WEST TEXAS LOCATIONS ANDREWS

Listing of oil well locations and completions across West Texas counties including Andrews Ector Ward Winkler and Midland with operator names acreage drill data section lines and depths. Records cover Continental Oil Company Gulf Oil Corp Cities Service and others detailing FEL FNL and PSL sur depths elevations pay quantities and production related figures.

West Texas Andrews Continental Oil Co University UL Sur Lawson (Sa Dekalb Pet. Corp T. P. Lands & Trust Jug T&p Sur Goldsmith Peawell Phillips Pet Co Millard PSL Judkins Dora Roberts Penn Texas Guilt Prod. Co Roy Parks Jr Jusu Odessa Mitchell — Latan E Howard Socony Mobil Oil Co. Inc Mary Foster Westbrook Fatan E Howard — Socony Mobil Oil Co. Inc Ward Ward-Estes (Queen OWDD Gulf Oil Corp. No E.W Estes H& TC Sur Wickett Shipley Queen Sur Kermit Yoakum Wasson NW Texas Pacific Cao Co Ruth Bennett J. H. Gibson Denver City Kent Clairemont Strawn Owwo— Sun Oil Co E. A. Teague H&tc Andrews — Union Dorland Grogan GOR Means Humble O&r San Andres FNL Crane — Univ. Waddell Gulf Oil W. N. Waddell Howard—Wildcat OWWO Columbia Oil Corp Hamlin TaPaur D&a Glasscock Fools Creek Earl Wells Jr Reynolds T&p T/Pay Midland Dora Roberts Dev Cities Service Dora Roberta Ranch Dera Roberts Dora Roberts Ranch Grav Winkler — Emperor Deep Brown Altman Bik PSL Sur

Domestic oil flow increases across states in weekly survey

The Oil and Gas Journal reports U.S. crude and lease condensate production at 7,499,725 barrels per day for the week ending April 27, up 38,775 from the prior week. Oklahoma rises to 589,500 barrels daily and Kansas to 318,125, with Illinois down 2,050. California, Wyoming, Mississippi, Colorado, Texas, Louisiana and New Mexico listed with varying outputs.

U.S Oil and Gas Journal Oklahoma Kansas Ilinois California Wyoming Mississippi Colorado Journal Survey Texas Louisiana New Mexico

Phillips Reports Record Quarter

Phillips Petroleum Co. reported a record first quarter with earnings of 28.81 million dollars or 84 cents a share, the highest ever for a first quarter. The company also noted 1962 fourth quarter earnings of 1.02 dollars per share, a record for any quarter. Stockholders re elected all directors and approved indemnity for officers and directors against future legal expenses.

Bartlesville Okla Phillips Petroleum Co K. S. Adams Adams Phillips

Total Production Moves Upward

The American Petroleum Institute reports weekly crude oil and lease condensate production rose by 25 000 barrels to 4 492 610 for the week ended Friday. State totals show Oklahoma 589 500 up 17 300. Texas 2 576 200 unchanged. Louisiana 1 406 000 unchanged. Arkansas 74 000 unchanged. New Mexico SE 275 400 unchanged. New Mexico other 23 350 down 50.

New York American Petroleum Institute Oklahoma Inc Texas Louisiana Arkansas New Mexico SE New Mexico

Cities Service Reports First Quarter Income

Consolidated net income for Cities Service Co in the first quarter of 1963 was 19.011 million dollars, up from 16.012 million in 1962. Net income per common share rose to 1.65, a 20.4 percent increase from 1.37. Burl S. Watson, chairman, announced at the annual meeting in Wilmington, Delaware.

New York Consolidated Cities Service Co Burl S. Watson Wilmington Del

Also Mentioned on This Page

Sea Bone Spring Wolfcamp Fairmart Carter Zenith Kroehler Valentine Seaver Roehler In Simmons Sele Berkline Chelee Celers
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