Oil Progress Week Kicks Off World’s Largest Event
West Texas and New Mexico host Oil Progress Week highlighting the Permian Basin Oil Show in Odessa from Thursday to Sunday. Up to 100 thousand visitors are expected to inspect 359 exhibits from 200 exhibitors, with free outdoor displays and five show buildings. Notables include Dagwood Bumstead and Blondie acts, Will Osborne, and Buck Bradley. festival features include dances, a 131-foot drilling rig, and a giant barbecue for 15,000.
MENTIONED IN THIS ARTICLE
West Texas
New Mexico
Permian Basin
Odessa
Ector County
Biondie
Dagwood Bumstead
Will Osborne
Leo Pieper
Chuck Wagon Gang
Arthur Dagwood
W. D. Lane
Plymouth Oil Co
Midland
John Ed Cooper
the Western Co
Carlos (Cotton) Clover
Oil Industry Information Committee
Odessa College
National Safety Counci
Texas Department of Public Safety
v-Fox
Universal International
Paramount Studios
Dagwood
Blondie
Daisy
4 Pups
Buck Bradley
Suzie
Preston Foster
Sheila D’arcy
Dean
Donna Rowe
Dawnaires
Fulton Lewis Jr
America
New Process Hikes U S Benzene Supply
The U S benzene supply, long in short supply, is expected to double as petroleum-based plants come online. Shell Development Co along with its process for recovering benzene helps boost production from about 156 000 600 gallons in 1949 to an equal amount from oil sources. Benzene fuels plastics medicines and synthetic rubber, serving as a key raw material in numerous products.
MENTIONED IN THIS ARTICLE
M. E. Spaght
Shell Development Co
U. S
Texas Oil Industry Taxes as Barometer for State Services
The Texas petroleum sector provides a large share of state taxes, with 1951 figures showing 35 percent of all state taxes and licenses from oil and gas. Production taxes, ad valorem, franchise, and other levies fund education and welfare programs, including significant shares for the University and Permanent School Funds, state hospitals, and teachers retirement.
MENTIONED IN THIS ARTICLE
Texas
Texas Oil and Gas
Texas Petroleum Industry
Railroad Commission
Texas Coro
Texas Aid Confiner
OF & Ges Association
Eobert FC Windfohr
Texas Reayens Bhranzh Tayes — Ders Iti Oc Semoee
Okie
Texas Petroleondustry
Texas Public Schools
General Revenue Fund
University of Texas
United States
Texas Mid-Continent Oil & Gas Association
Texas refinery and chemical plant expansions rise in 1952 eight months
Texas firms secured 321 defense certificates totaling more than 790 million dollars for eight months in 1952. Pipeline projects led with 305 million, while the petrochemical sector earmarked over 263 million for 70 expansions, including DuPont’s Beaumont site and Union Carbide’s Texas City project.
MENTIONED IN THIS ARTICLE
Texas Petroleum Industry
Texas
Trunkline Gas Corporation
McAllen
Tuscola
Pet
DuPont
Beaumont
Union Carbide and Carbon Company
Texas City
Texas Petro-Chemical
Texas Gulf Coast
Defense Administration
Texas Oil Power Seen Guiding 25 Year Path
Texas holds 56 percent of known U S crude oil and 55 percent of natural gas reserves guiding national energy needs through 1975. The Materials Policy Commission report foresees a 109 percent rise in crude oil demand and a 142 percent rise in natural gas, driven by doubled energy needs and expanded fuel use across transport and heating sectors. It urges maintaining depletion allowances to spur drilling and notes strong gas market forces will shift uses toward higher value applications while petrochemical demand grows slowly.
MENTIONED IN THIS ARTICLE
Texas
United States
Texas Oil and Gas Industry
DPA
Materials Policy Commission
Texas Mid-Continent Oil & Gas Association
U.S
Commission
Texas Oil
Petroleum Research Spends $130 Million in 1952
The oil industry will invest about 130 million dollars in research in 1952, up from 120 million in 1951, per Universal Oil Products Co. director Dr. Gustav Eglogg. The Permian Basin Oil Show will feature over 350 oil worker exhibits, with family entertainment tickets at 2 dollars and free show grounds.
MENTIONED IN THIS ARTICLE
Isecone
Gustav Eglogg
Universal Oil Products Co
Comefort
Amerecia
First Permian Basin Oil Show Planned for 1950
In spring 1949 Preston Kors then Chamber of Commerce manager discussed launching the Permian Basin Oil Show with local business leaders. They decided not to start in 1949 and set the first event for fall 1950.
MENTIONED IN THIS ARTICLE
Preston Kors
Chamber of Commerce
Permian Basin Oil Show Opens in Odessa Revival
The Permian Basin Oil Show, a non-profit regional effort, began in Odessa in October 1950 as a revival of the prewar Little International Oil Show.
MENTIONED IN THIS ARTICLE
Permian Basin
Odessa
Prize Offered for Breakthrough in Recovering Texas Oil
Texas oil men face tough recoveries as vast reservoirs remain locked underground. Industry leaders cite Corsicana and Spraberry as prime examples, with water flooding boosting Corsicana output 35 fold to 175000 barrels per quarter. Researchers pursue fracturing and imbibition to free oil in tight Spraberry sands.
MENTIONED IN THIS ARTICLE
Texas
Charles E. Simons
Texas Mid-Continent Oil & Gas Association
Corsicana
Spraberry
Scurry County
Anton-Irish
University of Texas
Simons
Texas Oil
Mississippi
West Texas
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Cid
Ir Qsties
Comencratiaknd
South Plains
George T. Prigmore
Shell
theSeycee
Er Oma
Smarking
Vinorcive
Slade
Travis
Campavisan
Sheermasyrs
Obe
Bentene
Petroveum
Crarkine
Tessras Ty Omateria
George E. Holbrook
Mid-Continent
Oil & Gas Association
Petroleum Research
Comppany
Canyon Reef
Diamond Mand
Kelley- Snyder
Kirk
Eastland
Comanche
Lubbock
Crane County