Oil Price Notice Fears Hurt Independent Refineries
The National Petroleum Association opposes 80 day price notice bills for big industries including oil. Independent refiners east of California warn the measures would worsen their costs, risking bankruptcy. NPA President G B Hunter criticizes the draft laws and urges Congress to avoid pricing traps that could erode competitiveness.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate
House
Association
California
NPA
G. B. Hunter
Estes Kefauver
D-Tenn
William L. Dawson
Congress
Ind
Kefauver
Joseph P. O'Mahoney
D-Wyo
Dawson
Gaines Wells Begin Tests Of Pay Zones
A Gaines county wildcat and field outpost well began testing pay zones. Casing was perforated between 12 731 and 750 feet with Devonian strata contacted. J E Jones No 1 A lies 1.5 miles east of the Tex Pac outpost on a 323 acre Public School Land lease near Section 24.
MENTIONED IN THIS ARTICLE
Gaines County
Prepare- Brothers
South Vacuum Well Staked in Lea County New Mexico
A lease designation named No. 226 Reeves targets an 11 800 foot Devonian test in central Lea County New Mexico as part of a South Vacuum Well staking. An economic delegation of 31 persons from 22 African states began a three day tour of West and Communist East Berlin.
MENTIONED IN THIS ARTICLE
Lea County
N.M
Berlin
UPI
East Berlin
Oil producing capacity in 1958 up two percent
A 1958 midyear report from a United press committee notes total US crude oil capacity at 9.656 million barrels per day and 930 thousand barrels per day of natural gas liquids. Growth slowed due to drilling activity, with crude capacity rising 163 thousand barrels daily while liquids increased by 243 thousand.
MENTIONED IN THIS ARTICLE
United
Prom Abi
America
Deny
Sabaresay
United States
U. S
W O Ham Named Conoco Southwest General Manager
W O Ham Jr of Houston has been named the Conoco Southwest regional general manager effective June 1, with headquarters in Fort Worth. He succeeds G T Pearson who moves to Calgary to lead Hudson's Bay Oil and Gas. Ham began with Conoco in 1943 and has held multiple geology and management roles in Texas before becoming assistant regional general manager.
MENTIONED IN THIS ARTICLE
Houston
W. O. Ham Jr
Proern
Fort Worth
L. F. McCollum
G T. Pearson
Calgary
Alberta
Hudson's Bay Oil and Gas Co. Ltd
Conoco
Canada
Ham
Ponca City
Okla
Abilene
Midland
Texas
Eco
Southwestern Region
Organiza
Wildcat Flows Oil in Atoka South of Caprock Area
In northwestern Lea County New Mexico McAlester Fuel Oil and Texas Crude Oil report a wildcat hit with several pay zones tested in the Atoka sand 10 743 793 feet. A 1000 foot water blanket preceded gas and oil shows with 29 barrels of 45.6 gravity oil in an hour and later gas flow of 3 972 000 cubic feet per day on Bend section tests. The operation located near Caprock and Bagley North fields with multiple drillstem tests detailing gas oil ratios and mud returns.
MENTIONED IN THIS ARTICLE
Lea County
N.M. McAlester Fuel Oil Co
Texas Crude Oil Co
Wildcat
Atoka
Caprock
Bagley
Penn
Amerada
Gulf Names New Vice Presidents
Gulf announces two longtime executives in domestic marketing named senior vice presidents. Both will take on new duties June 1 and work from Gulf headquarters in Pittsburgh.
MENTIONED IN THIS ARTICLE
Gulf
Pittsburgh
Seal Gulf
Gulf General
Freighters Intercepted in Mediterranean Weapons Search
French navy ships escorted the freighters Duizar and Aron to this port after they were stopped Sunday in the Mediterranean as part of a futile search for contraband weapons bound for Algerian rebels.
MENTIONED IN THIS ARTICLE
Mediterranean
Duizar
Aron
Dye Dyes City Woman Lives Up To Her Name
Mrs. Margaret Dye of Lowe Oil Properties and president of the Lubbock Desk and Derrick Club staged a spontaneous dyeing mishap during a Brownfield Oil Information talk. A piece of fabric exploded into a red white and blue spray, yet she recovered and finished the demonstration to applause.
MENTIONED IN THIS ARTICLE
Margaret Dye
Lowe Oil Properties
Lubbock
Th Plains
Oil Information Committee
Brownfield
Brownfield Club
Big Spring Canyon Pay Reopened in Texas Oil Field
The Big Spring Canton field reopened with the Canyon Lime re opener near a lone depleted producer. The dual well sits one half mile southwest, eight miles north of Big Spring, perforations yield 261 barrels daily from 9,592-608 feet with a 16/64 inch choke and a gas oil ratio of 765 to 1. An acid treatment used 5,000 gallons. old gravity 50.1 degrees.
MENTIONED IN THIS ARTICLE
Fusselman
Big Spring
T&p Survey
Local Operator Hears Buckshot Field Well Drilling Update
East Buckshot field venture by Livermore and Maxey and other Lubbock operators aims at No. 5 J. W. Frost a 5100 foot project nine miles south of Bledsoe. No. 1 TXL in Slator field yields 67.50 barrels of 30 gravity oil per day with 60 percent water after fracturing. perforations at 4370 to 402 feet.
MENTIONED IN THIS ARTICLE
Livermore and
Maxey
Lubbock
J. W. Frost
Bledsoe
Kay Kimbell
Slator
San Andres
Ector County
T&p Survey
Haifa Subway Threatened by Sabbath Boycott Plan
In Haifa a mass rally of Orthodox Jews threatens a boycott if the new subway operates on the Sabbath. The protest centers on keeping weekly rest day free of regular transit, as trains prepare to begin service.
MENTIONED IN THIS ARTICLE
Haifa
Israel
Long oil change intervals questioned by Lubrication expert
Chandler, Arizona A Standard Oil (Ohio) expert warns extended crankcase drain intervals erase oil improvements and accelerate engine wear. R H Albrecht, with coauthors from Standard Oil, presents data at an American Petroleum Institute Lubrication Committee meeting.
MENTIONED IN THIS ARTICLE
Chandler
Ariz
R. H. Albrecht
Standard Oil Co
Ohio
Cleveland
Division of Marketing
American Petroleum Institute
San Marcos Hotel
J. M. Musselman
W. H. Krause
W. R. Tuuri
Standard Oil
Albrecht
API
World's Fair of Oildom Opens Tulsa Exposition
The International Petroleum Exposition opens Thursday May 14 in Tulsa and runs 10 days with 2,000 exhibitors and 500000 visitors. Oklahoma Governor Edmondson and Tulsa Mayor Maxwell will speak as the show showcases exploration, drilling, refining, and new oil technology.
MENTIONED IN THIS ARTICLE
Tulsa
UPI
New York
Oklahoma
Howard Edmondson
James Maxwell
Ernest O. Thompson
Texas Railroad Commission
William B. Way
Ohieones
Drake
Lubbock Geologists Prepare Panhandle-South Plains Cross Section
The Lubbock Geological Society finishes a nearly final 18-well stratigraphic cross section for the Bravo Dome to North Central Basin area. The 11 member committee led by Ed Clements includes S.R. Hall and G.F. Myers, with drafting by Gladys Shotwell, and uses Pan American Petroleum facilities in Lubbock. The cross section, ordered by the AAPG, will be submitted for approval Monday and shown at the Oct 8-10 convention in Lubbock.
MENTIONED IN THIS ARTICLE
Gaines-Andrews County
Bravo Dome
Oldham
Deaf Smith
Palo Duro
Palmer, Castro
Lamb
Matador Archipelago
Hockley County
Midland
Hockley
Yoakum, Terry
Gaines
North Central Basin
Gaines County
North Panhandle
Permian Basin Geological Society
AAPG
Valdez
Southwestern Federation of Geological Societies
Lubbock
South Plains
Bf S. R. Hall
G. F. Myers
R. C. Linden
H. T. Johnson
M. E. Smith
RC. Norris
J. B. Adams
J. D. Hampton
W. E. Rector
D. C. Hamilton
T. Cooper
Gladys Shot
Venezuela seeks changes in oil import program
Venezuela proposes to let Caracas manage its exports to the United States with a country quota and refinery allocation power, seeking exemption from company quotas and equal treatment with Canada. Dr. Juan Pablo Perez Alfonzo insists on price stabilization and reserve conservation while in Washington for talks.
MENTIONED IN THIS ARTICLE
New York
Venezuela
U. S
Caracao
Petroleum Week
McGraw- Hill
Washington
Caracas
Juan Pablo Perez Alfonzo
Venezuel
Wanda Jablonski
United States
Dr. Perez
Amarillo Oil Library Set to Open in May
The Amarillo firm Mor ris of a Metianal petroleumography will open a large petroleum literature library in Amarillo for five state Panhandle area use. The collection includes domestic and foreign books, journals and maps, classified by the Dewey Decimal System, and supports the Panhandle Oil Explorer daily report. Will Rogers quote appears at end.
MENTIONED IN THIS ARTICLE
Fivestate Panhandle
Texas
Oklahoma
Kansas
Colorado
New Mexico
Pee
Amalo Ae Morris
Amarillo
Panhandle
Garza Spraberry well shut in for storage in Garza County
In Garza County southern Texas General American Oil Co. of Texas shut in Spraberry No. 13 Koonsman for storage. The Strawn Ellenburger field discovery at Red Loflin area showed a 109 barrel oil gauged in 12 hours from Spraberry perforations at 4916-988 and 4936-940 feet. Becomes a south offset to Strawn production with oil flow at 25 barrels per hour through a ¼ inch choke at 7702-08 and 7744-50 feet. Wellsite located nine miles southwest of Justiceburg near Section 3 Block 2 T&NO.
MENTIONED IN THIS ARTICLE
Garza County
General American Oil Co
Texas
Koonsman
Strawn
Ellenburger
Justiceburg
T&no Survey
Beggar is jailed for brick toss at limousine in Hong Kong
A beggar named Wong Kam Wing was sentenced to three months in jail after tossing a brick through a limousine window. He was arrested minutes later, narrowly missing Air Commodore P. D. Holder, the acting commander of British forces in Hong Kong.
MENTIONED IN THIS ARTICLE
Hong Kong
UPD
Air Com
Eisenhower orders controls on oil imports to curb flow
President Eisenhower issues a March 10 mandatory controls order as imports average a record 2,629,000 barrels a day for the week ending March 6 and 2,195,500 barrels a day for the four week period. Shell Oil and Sun Oil executives favor increased tariffs as a method to limit imports with Tim Adams hinting at a tariff around one dollar per barrel beyond 10 percent of refinery runs.
MENTIONED IN THIS ARTICLE
H. S
Shell Oil Co
Robert G. Dunlop
Sun Oil Co
K. S. Adams
Dunlop
Adams
Free World
Texas Leads Drilling Activity In First Quarter 1959
A special Drill ing report shows U S and Canada drilling activity rising in Q1 1959 with 2086 rotary rigs, 9795 U S completions and 11 524 wells. Texas remains the leading state with 38 percent of active rigs and nearly 39 percent of U S completions in March.
MENTIONED IN THIS ARTICLE
U. S
Canada
United Sea
U.S
Texas
Oil Field Drivers Set for IPE Contest in Tulsa
Drivers employed by the petroleum industry enter the International Petroleum Exposition event in Tulsa May 14 23. L F Dougan says contestants vie for 1000 dollars in prizes with four classes including petroleum transport tractor and tank wagon types. Entry deadline extended to May 4.
MENTIONED IN THIS ARTICLE
Cais
Bener
True Ord
Tulsa
L. F. Dougan
Sinclair Oil & Gas Co
American Society of Safety Engineers
Petroleum Industry
IPE
P. O
Donaldson Station
Okla
Also Mentioned on This Page
Henry
Neuss
O'Mahoney
O’mahoney Bill
Federal Trade Commission
Gatanertedl
Gremmire
Comecoes
W.O. Ham
Conoco Southwest
Lea
Big Spring Canyon Pay
Y Mac
LGS
Amarillo Oil Library
Will Rogers
Garza Spraberry
Eisenhower
Drilling
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