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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Sep 06, 1961
Page
3
Wildcat drilling reported in Howard Scurry and Andrews counties with Pan American Petroleum completing a Fusselman discovery in the Inex pool near Andrews. No. 1 L C Drum Borden County gas oil test and multiple 6,000 to 9,555 foot wells described with depths, locations, and test results.
Deep wildcat ventures reported across Tom Green Ward and Val Verde counties with Royal Drilling Co and partners testing Strawn near Christoval San Angelo area. Central Ward County No 2 seven rivers wildcat 2.5 miles southeast of Pyote. Pecos County no 137 block 3 location 17 miles southwest of Fort Stockton drills progress after gas shows at 14 810 feet.
C E Fulgham executive vice president First National Bank Lubbock warned Tuesday night that eliminating ABC type oil production payment financing could damage oil and gas activity as much as cutting the depletion allowance. He explained ABC deals involve seller buyer and financier with lease production sharing to repay funds.
Records detail multiple oil and gas operations in the North Basin area with Garza Gulf No 1 Turbelike and Humble No 1 Williams Sec 304 entries. Entries include drill depths, drilling muds and fluids, casing, cement setting, pumping unit waits, and ongoing testing with various operators such as Andrews Humble Borden Conoco and Gaines TXL.
Hockley Try Staked By Local Firm Litton Nortton Drilling Co Lubbock and Purnell Cole man Midland will drill a 6500 foot Clear Fork wildcat test in east central Hockley County seven miles northeast of area. No. 1 Murrell string 1% miles northeast of Smyer field. Abo barren at wildcat No 1 Barrick near Rock County with 11500 foot plan and drilling at 6520-6604 feet. test shows 120 feet fluid.
Tucker Drilling Co of San Angelo and associates completed discoveries in Concho and Tom Green Counties. The Concho No. 1 Cora Henderson flowed 116.01 barrels of 38.2 gravity oil in 24 hours through 14/64 inch choke at 4,055-58 feet after 250 gallons acid. Tom Green No. 3-A Mrs Cynthia Malone Estate produced 126.37 barrels of 39.4 gravity oil through 1/4 inch choke at 4,770-74 feet with 1,250 gallons acid. gas oil ratios were 658-1 and 4249-1 respectively. Strawn tests at Sun Oil Co northeast Coke County wildcat No. 1-A I. B. Minelle flowed oil and acid water during 16-hour run. other Strawn activity and depths noted. Prresting continues at the wildcat discovery near Section 472 in the I. D. B. Penn field.
In southeast Lea County New Mexico Gulf Oil Let Roswell tested an unidentified formation eight miles north northwest of Hobbs with a confirmer well No. 5 Weststates Federal in a mile southwest outpost extension. The test produced oil and gas from Wolfcamp or Pennsylvanian measures, with 55.6 barrels oil in four hours and gas flowing within minutes, while drilling continues below 10 800 feet. The No. 1 B Erwin Texaco triple discovery well is located five miles northeast of Jal.
Jerome O'Brien of Midland Texas was appointed director of the Interior Department Office of Oil and Gas. He has been vice president of Humble Oil Monterey Division and succeeds Capt. Matthew Carson Jr. with a salary of 18500 dollars per year. O'Brien is a native of Spaulding Nebraska and has worked as a petroleum and sales engineer since 1934.
An advertisement promotes Coronato as a new laxative principle addressing aging colon issues. It contrasts with old bulks and salts, claiming gentle, overnight relief targeted at the lower colon with rebulk action, non-interference with vitamin absorption, and hospital safety for expectant mothers. Introductory size 42¢.
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