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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
May 03, 1964
Page
5
The IPAA convened to map a strategy opposing proposed federal controls. Skelton attended as a key participant outlining legislative and lobbying steps to shield industry interests.
A report outlines rising storage capacity targets and projections for 14.4 trillion cubic feet with 4 percent year over year growth. It notes increased capacity from shale developments, cost considerations, and potential price controls. Interior and federal policy actions are referenced, including a special committee on related imports and regulatory measures. Udall to speak at a Monday appearance on policy priorities.
Veteran oilman in East Texas retires after a long career in drilling, pumping, and field management. He served as roustabout, tender, pumper, and superintendent, advancing to a senior supervisory position with a local oil company. The native of Junenapah began as a pumper in the field and ended with decades of service in Humile Gi and Re Co.
Fragmentary text references locations and completions with unclear context. The readable parts mention SAT and OPW numbers but lack coherent events or identifiable names to form a clear summary.
The Gulf Oil Corp reports record first quarter earnings and volumes. Net income reached 105 million dollars, with per share earnings of 94 cents. World oil production rose to over 411,000 barrels daily in the United States, and refinery sales and petrochemicals saw substantial gains.
Reeves outlines how Pleistocene basins and lakes on the Southern High Plains formed mainly by increased rainfall and runoff rather than wind alone. He attributes wind deflation and temporary basins to glacial meltwater and notes regional pluvial climates created extensive surface waters south of the storm belt.
In the Permian Basin Rotaries roundup, units from 200 and Avis lead with an overall uptick. Several crews including Cochran Sand Spr and Oyane contribute to the gains as listed, with multiple teams posting increases across the period.
Shell announces a Midland manager appointment replacing the former head. The new official, previously a Shell vice president in Tulsa and noted as a seismology assistant, will relocate to Midland with prior service in Wichita and Sparke areas during the 1940s and 1950s.
The Oil Journal reports weekly changes across states with Illinois at 167 500 barrels daily up 7 500 while Kansas adds 5 400 to 300 108 Wyoming rises 4 500 to 192 800 and Indiana up 4 200 to 28 300 Oklahoma averages 572 400 down 7 000 with Texas monthly averages near 2 855 TH barrels.
Discovery completed as GARZA-Gould Drilling Co. opens No. 1 Connell to a new San Andrés area about 9.5 miles west of Rough Draw Noodle Creek pool. Drilling records show heavy oil, gas, and mud events with acid treatments and gauge readings amid a 853 foot rillsite.
Texaco Inc outlines a 6 percent rise in world petroleum demand in 1964 with similar annual growth expected through 1969. Chairman Long cites population and income growth, new home formation, and rising car purchases as key drivers while detailing Western Hemisphere production and new capacity plans.
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