Mecom's Oil Empire Faces Bankruptcy and Confiscations
John W. Mecom Sr. once built a vast oil and business empire from a $2,100 Texas wildcatting start. By the mid 1960s his firms produced from rich fields in the U S and Middle East, but Jordan canceled his 40 year concession in 1966 and seized rigs. Now in U S bankruptcy filings his companies owe over 70 million with receivership in New Orleans and Lake Charles, while Mecom and family seek protective court orders.
MENTIONED IN THIS ARTICLE
Jack R. Payton
New Orleans
UPI
John W. Mecom
Texas
Liberty County
Mecom
Liberty Field
Meecom
Houston
San Francisco
Jordan
Middle East
Houma
U.S. Oil of Louisiana, Inc
U.S. Oil of Louisiana, Ltd
Lake Washington, Inc
Albert G. Reynolds
Reynolds
U.S. Oil of Louisiana
Lake Charles
Shreveport
New Orleans Saints
National Football League
Saints
John Jr
Oil discoveries and trials expand fields across Texas counties
Drilling across Howard King Scurry and Hockley counties yields multiple discoveries and offset wells. Champlin Petroleum reports a new Wolfcamp lower discovery in south Howard County near Big Spring with initial flow and Leonard horizon signs. Strawn area sees no. 1 Burnett Estate and No. 70 Burnett Estate producing in Captain Burk field. Acadian and San Andres finds in Scurry County near Fluvanna show rising output, while Hockley offsets test in the Whitharral field intensify with frac and swab results.
MENTIONED IN THIS ARTICLE
Howard
King
Scurry
Hockley
Wolfcamp
Champlin Petroleum Co
Howard County
Big Spring
L. R. Flanagan
Leonard
T-1- S
T&p Survey
G. E. Kadane & Sons No
Morgan Ranch
Egonias
Westbrook
Kadane
Flanagan
Hutto, South
Wolfcamp and Leonard
King County
Guthrie
Taubert, Steed, Gunn & Medders
Wichita Falls
S. B. Burnett Estate
Big N
Strawn
Captain Burk
R. M. Thompson
Burnett Estate
Bs&f Survey
Scurry County
W. D. Oil Corp
San Andres
Fluvanna
Varel
Hockley County
Whitharral
Lower Clear Fork
Champlin
No. 2
Carson
Hewitt
Hobbs NACE Section to Meet With Corrosion Talk
Hobbs section of the National Association of Corrosion Engineers will meet Thursday May 13 at Hobbs Ramada Inn with social hour at 6 30 p m dinner at 7 15 p m and program at 8 p m Dr R R Annard of Tre talite Division Petrolite Corp will speak on The Application of Corrosion Inhibitors to Waterflood Systems He has researched corrosion in petroleum systems and methods to measure corrosion under field conditions and written on corrosion inhibitors and analytical chemistry
MENTIONED IN THIS ARTICLE
Annand
Prices Misleading Guesses On Gasoline Profits
Tulsa based report analyzes refinery costs and taxes to show how pump prices mislead the public about oil profits. It cites costs per gallon, margins at various stages, and the impact of price wars on consumer perception and profit flow.
MENTIONED IN THIS ARTICLE
Guy A. Goodene
Tulsa
Okla
UPI
Oil Industry
California
Chicago
The
Oil and Gas Journal
Gulf Coast
Bae
Management Shift in Texas Mid-Continent Oil Group
Kenneth E. Montague announces promotions at the Texas Mid- Continent Oil & Gas Association. William H. Abington becomes executive vice president and counsel and John W. Wagner is named vice president for public affairs. May 15 appointments follow Charles E. Simons retirement on May 19 to join the Texas Highway Commission.
MENTIONED IN THIS ARTICLE
Dallas
Texas Mid- Continent Oil & Gas Association
Kenneth’. E. Montague
Houston
William H. Abington
John. W. Wagner
Montague
Charles E. Simons
Texas Highway Commission
Locations And Completions From Oil Field Survey Report
Survey lists numerous oil and gas location readings across Texas districts detailing well names, unit numbers, section and block references, distance from north and west lines, survey companies, and depth data. It includes Spraberry and Clearfork trends with multiple completions and field notes for Edwards, Pecos, Gaines, and more.
MENTIONED IN THIS ARTICLE
Clearfork
United Jeerey Corp No
LA University
Block 14
USA
Abarat
Gulf of Corp
Edwards Estate State
TAP Mirvey
Madison
Lenora
John L. Cox
Doyle Hale
Tno
T&f
Tarzan
OL. Brown
University
Perth
Kection
Wis
Hakersfield
Wellaw
Lower Glearfork
Owdd
Wellaw Corp
ARCO
Eaethors
Sechen
Sechen of, Block LI Han Survey, Three Miles Southeast of Girvin, 33 Wellawe
Ower Clearfork
Wetta Carn
Ha&gn Wureey
Girvin
Prote
Fred Turner
Perte
Lacaffean
United States
Wwe
Ax of & Gas Corp
Crosby Wildcat
Gulf Otteat
Luna Lesio
Bae
Gaines Rae
Heroorapy
Champalin’ Exploration Inc
Jonek Estate
Bite. of
Ccsdargng Warvey
Pious
Grav
Mockley — Slaughter San Andresom
Paxgoo
Mallett Land & Caltie Co
Leng Si
Scurry Csi
Bos
KENT
Force
Beggs Ranch
Canyon
General Crude Co
Salt Creek
Jenn Rodman
Salt Creek (Canyon
General Ceude OW Co
Gray
Gov. Lubbock
Pierce & Panience Na
Elarr Survey
Wildcat
Texaco
le Fuller
Waren iSan Andres — Alantic
Richfield Noe
Hibsan” Survey
Three Die In Harlingen Head-On Crash
In Harlingen Texas a Saturday morning head-on collision between two cars left three people dead Richard A cone ras 35 of Harlingen Camilla Brumaldo 31 of Matamoros Mexico and Israel Fariis 30 of Harlingen all residents named The other driver Fred Young 19 of Harlingen survived with injuries.
MENTIONED IN THIS ARTICLE
Harlingen
Tex
Rio Grande Valley
Richard A.coneras
Camilla Brumaldo
Matamoros
Mexico
Israel Fariis
Fred Young
Oil Industry Faces Tough Clean Air Standards And Gas Strains
The EPA announces nationwide particulate standards that raise natural gas use and shift to low-sulphur crude, threatening supply. NYC would need nearly 2.5 billion cubic feet daily, with broader impacts on national gas reserves and Alaska Prudhoe Bay production plans.
MENTIONED IN THIS ARTICLE
Max B. Skelton
Houston
Environmental Protection Agency
New York City
William Ruckelshaus
Pudhoe Bay
Alaska
North Slope
Prudhoe
Tech Petroleum Professor Sets May Retirement
Prof. William Lo Ducker, chair of Texas Tech's Petroleum Engineering Department since 1948, will retire at semester end. A reception at the Lubbock Club honored him. 873 graduates have come from the program. He will enter petroleum consulting in Lubbock and received the J. C. Slonneger award for outstanding contributions to petroleum production.
MENTIONED IN THIS ARTICLE
William Lo Ducker
Texas Tech
Lubbock Club
Ducker
J. C. Slonneger
Is7i
Southwestern Petroleum
J.C. Slonneger
Hec
Tau Beta: Pi
Will Rogers Jr to Address Landmen Convention in Fort Worth
Will Rogers Jr will speak at the 7th annual American Association of Petroleum Landmen meeting in Oklahoma City June 16 19. He will discuss Will Rogers and His America during the June 17 Friday session. About 1000 landmen plus guests are expected at the Skirvin Hotel with T B Wilcox as general chairman.
MENTIONED IN THIS ARTICLE
Fort Worth
Will Rogers, Jr
American Association of Petroleum Landmen
William M. Majors
Calray Pettroleum Corp
Fred, Terry
Phillips, Petroleum Co
Oklahoma City
Rogers
Will Rogers
America
Landmen
Will Dr
Will ‘Rogers, Sr
Ziegfield Follies
Will Jr
iSkirvin
T. B. Wilcox
Qi Co
Camping in the National Park System guide available
The National Park Service released a comprehensive directory listing nearly 28 000 campsites at 529 campgrounds in 83 park areas. The guide titled Camping in the National Park System can be requested from the Superintendent of Documents U S Government Printing Office Washington D C 20402 for 25 cents per copy.
MENTIONED IN THIS ARTICLE
National Park System
Superintendent of Documents
U.S. Government Printing Office
Washington, D.C
Also Mentioned on This Page
Famous Wildcatter
Mary Elizabeth Winters
San Jacinto High School
River Oaks
Mecoms
Alan B. Shepard
Mary
Europe
Mecom l
Leroy Smallenberger
Hobbs Engineers
Broadview
West
Clear Fork
Lubbock
Pierce &Dehlinger
W. W. Stanton
El&rr Survey
John W. Wagner
William I
Abington
Petroleum Association
Simons
Association
Texas Mid- Continent
Texas Legislature
Wagner
Witdeau Capital Oil Corp
Lioyrd Evans
Wid
Taf
Bock Y
Psi
Niles
North Africa
Venezuela
Canada
Louisiana
Santa Barbara
William L. Ducker
Tlaibbock
Will, Rogers, Dr
Washington
National Park Service
Permian Basin
Tool Dry Cole
Tontace
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