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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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