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Monahans News in Monahans, Texas

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Monahans News

Location

Monahans, Texas, United States of America

Date

Oct 25, 1981

Page

8

Oil pioneers reunion planned in Midland

Permian Basin Petroleum Pioneers set their 12th biennial reunion for October 30 at the Midland Hilton with Governor Bill Clements as speaker. The event includes a 9 a.m. registration, a 9:30 a.m. coffee, a noon men’s luncheon, a ladies’ reception at 11:30 a.m., bus tours to the museum and Midland sites, and a 6 to 9 p.m. informal reception. Eligible pioneers are those who worked in oil in West Texas or Southeast New Mexico 30+ years ago.

Midland — Permian Basin Petroleum Pioneers Midland Hilton Bill Clements Jno Midland Desk & Derrick Club Hilton Midland Petroleum Club Permian Basin Petroleum Pioneers Association Midland Chamber of Commerce Butler Harvey Herd Les Weatherall W. A. Yeager Sally Patteson Bill Collyns West Texas New Mexico

Ward Drilling Report Sees Mild Rig Increase in Ward County

Ward County’s weekly rig count shows an uptick of three rigs per Reed Rock Bit Co., while the Permian Basin tally declines to 472 from 475. Only Ector gains five rigs. other counties list varying movements. Notable depths include University and Gulf Oil wells drilling below 9,000 feet with cement or cement-related formations.

Ward County Reed Rock Bit Co Permian Basin Ector County Andrews Crane Culberson Dawson Eddy Gaines Hudspeth Lea Loving Scurry Ward Winkler Yoakum Cotton Petroleum University Gulf Oil

Energy savings with a high efficiency heat pump

A guide explains choosing a heat pump for heating and cooling. It highlights year round operation using electricity, extracting heat from outside air in winter and delivering heat indoors. In summer the unit provides cooling as well, offering a versatile energy saver.

Texas Electric

Energy Report Feds misjudged WP tax incomes

Federal analysts say Windfall Profits Tax revenues will be far below projections for 1982 and 1983. Shortfalls stem from lower crude oil prices and overoptimistic forecasts, plus mismanaged federal leases. PBPA opposes tax changes while indictments of oilfield thieves surface in North Texas. Rig count rises in Permian Basin to 475 from 342 last year.

Treasury Department Permian Basin Petroleum Association Arden Grover PBPA Falls Texas House Washington Permian Basin

Stripper oil gains spark hope after tax relief move

NSWA president Richard Vockel says Congress amendments to the 1980 windfall tax will restore stripper well activity. 1980 output rose to 401 million barrels from 395,176 wells, with 6,614 abandonments in 1980 down from 7,668 in 1979. The annual survey notes continued production gains and tax relief projected to boost exploration and curb imports.

United States Congress Richard L. Vockel National Vockel Association Interstate Oil Compact Commission Clyde la Motte Tulsa NSWA

Also Mentioned on This Page

the Monahans Tex Oil Pioneers Will Ervic Energy Report Feds Grover North Texas Oil and Gas Association of Wichita America Ugi First Methodist Church
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