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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Oct 07, 1956
Page
9
The Humble Pipe Line gauges switch from manual IBM verification to field run tickets and tape connected processing. Gaugers now fill run tickets and mail them to the division, where proration records tank tables and seal counts are processed by trained staff speeding payment accuracy.
MoRassi and Gascyth City assets priced at 1.5 million dollars include 29 flowing oilers and nine gasers. Joe Brown leads new Oklahoma City offices with Stanolind ties. Stanolind veteran Lawson Jacks replaces Bill Smith as area head. Jacks joined Stanolind in 1951 starting as junior geologist in Amarillo. Financial World notes Conoco as a top integrated oil company for the fourth consecutive year in its annual ratings.
Solon quoted Rep. Olin Teague as saying Republicans cost Texas cotton farmers millions this year amid charges of indifference to Texan needs. The report also lists career moves at Texaco and The Texas Company, including John W. Storey becoming regional landman in the Southwest Division and Harvey Cash and Joseph H. Moran receiving top-level promotions.
Three Counties Nolan Ganiy and Borden and Cochran will receive one oil test each. Ard Drig Co Abilene will issue Mt No 1 J Crain on a 200 acre lease. The wells target Cambrian and Ellenburger formations with specified drill locations and distances.
Lubbock Desk and Derrick Club hosts the Fourth Annual Bosses Night on October 16 at the Lubbock County Club. Speakers include Jim Shannon of Humble and C. E. Smith, with Lubbock connections and regional activity noted.
In northeastern Castro County a major oil test aims to drill the No. 1 Barton prospect on a 320 acre lease near the Strawn Reef area. Great Western Drilling Co. will drill to an estimated depth of 8 300 feet with spud planned after Oct 10, targeting Pennsylvanian and San Andres productive horizons across multiple nearby fields in Borden, Hale, and Randall counties. Local leaseholders include Stephens et al of Lubbock and Akyle Kyle surveyors, with production hopes centered around the Good field and nearby Castro oil activity.
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