Phillips Receives Tax Benefit for Texas Plant Projects
Phillips Petroleum gains rapid tax write‑off approval totaling 2 156 175 dollars for construction at its Goldsmith and sprawl ing Smith Gasoline Plant in Ector County. The company claims 65 percent of 37 million and 40 percent of 100 625 for the two facilities. Celanese also gains approval for a 14 million acetic acid and methanol plant near Dumas in the Panhandle.
MENTIONED IN THIS ARTICLE
Phillips Petroleum, Co
Ector County
Washington
Phillips
Paul Endacott
Celanese Corporation of America
Dumas
Panhandle
McCamey to Get Its Own Radio Station
McCamey will gain a local radio station affiliated with Mutual Broadcasting System at 1450 kilocycles. Jack Hawkins of Spraberry Broadcasting says the FCC approved the launch, with Barney Hubbs as partner. Hawkins leads stations in Pecos Odessa Monahans and Alpine. The McCamey Chamber of Commerce, manager Charlie Young, and Hawkins discussed the action after four years of effort. Construction should begin soon after final approvals.
MENTIONED IN THIS ARTICLE
McCamey
Jack Hawkins
The
Spraberry Broadcasting
Federal Communications Commission
Standard Broadcasting
Hawkins
Mutual Broadcasting System
Barney Hubbs
Pecos
KIUN
KIM
KRIG
Odessa
KVKM
Monahans
KVLP
Alpine
McCamey Chamber of Commerce
Charlie Young
FCC
Hawking
Shallow Tests Map Wells in Crockett Menard Areas
Crockett and Menard Counties have located shallow wildcat wells. Texas Gulf Production Co No 1 Texas University J will drill to 2 500 feet using combination tools on a 160 acre lease near Big Lake. Wayne Allison will drill Kathryn Co Ball No 1466 to 4 200 feet on a 160 acre lease near Fort McKavett.
MENTIONED IN THIS ARTICLE
Texas Gulf Production Co
Texas University “J
University
Big Lake
Wayne Allison
Menard
Kathryn
Ball Et al
Gh&sa
Fort McKavett
Rural Electrification approves 135000 loan for South Plains Co op
The Rural Electrification Administration approved a 135000 loan to the South Plains Telephone Co operative of Lubbock Texas yesterday. The financing supports network expansion and service improvements for the cooperative.
MENTIONED IN THIS ARTICLE
Washington
South Plains Telephone Co-operative
Lubbock, Tex
Rural Electrification Administration
Alpine station chief appointed for year and construction
Gene Hendryx, manager of the Alpine station, will also oversee the local station and take charge of construction duties.
MENTIONED IN THIS ARTICLE
Gene Hendryx
Eleven well locations set in eight West Texas counties
Twelve development wells are staked across eight West Texas counties. Magnol ia and Suidland Co appear among the operators with multiple starts, while single wells dot Loving, Lubbock, Mitchell, Pecos, Reagan and Upton. Drilling targets include depths up to 7,750 feet in Tex Harvey and other formations near Mentone, Anton, Midland, Monahans and Bakersfield.
MENTIONED IN THIS ARTICLE
West Texas
Suidland Co
Magnolia
aLet
Loving
Lubbock
Mitchell
Pecos
Reagan
Upton
Loving County
Oil Output Rises Across States Despite Oklahoma Decline
The Oil and Gas Journal reports a weekly rise in U S crude and condensate production to 6,608,525 barrels daily, up 39,375 from the prior week. California Illinois Kansas New Mexico all show gains while Oklahoma and Wyoming fall. Texas remains steady at 3,013,525 barrels.
MENTIONED IN THIS ARTICLE
Tulsa
Oklahama
Texas
Wyoming
Oil and Gas Journal
California
Ilinois
Kansas
New Mexico
Oklahoma
Commission Asks For Statements On 1953 Crude Needs
The Railroad Commission in Austin called on executives of major oil purchasing and importing firms to estimate their 1953 crude requirements and imports. They are asked to testify at the state appropriation hearing in February to provide information on crude and product stocks. Commissioner Ernest O. Thompson said the move supports market demand statutes and mirrors a similar past hearing.
MENTIONED IN THIS ARTICLE
Austin
Railroad Commission
Texas
Ernest O. Thompson
U S Oil Industry Sees 1953 Growth Amid Strikes and High Investment
The oil sector reports record 1952 output across crude, natural gas liquids, and fuels despite labor stoppages. Industry officials anticipate another year of high operations in 1953, with capital spending near $3 to $4 billion and refiners boosting capacity to about 7.39 million barrels daily.
MENTIONED IN THIS ARTICLE
Ines
Robert G. Shortal
Preas Financial Ecen
Aedustry
SAS Nee Ber
Ziti
Wells Set In Pecos and Howard Counties
Shallow wells have been staked in Pecos and Howard Counties. W. R. Weaver No. 1 in Fort Stockton Field. Fair Woodward No. 2-27 Snyder filed for 3,500 feet in Snyder Field. Locations include 330 feet from north and west lines in section 8 block 114 GC&SF and 14 miles southeast of Big Spring in section 27-30 T P & E.
MENTIONED IN THIS ARTICLE
T. H. McElwain
Midland
Miller and Sinclair
W&nw
Mentone
Lubbock Seneca Development Co
Abernathy School
Anton
Midland Magnolia
Louise Shackelford
Tex Harvey
T&p
Magnolia
A. L. Judkins
Arthur Judkins
T&f
Fair Woodward
Susie B. Peyter
Sree
Snyder
Garden City
Upton Gordon P. Street
Richard King
McCamey Field
CCSD4
RGNG
McCam
Howard Counties
W. R. Weaver
Black Et al
Fort Stockton
Gc&sf
Howard
Snyder Field
Big Spring
Waskom Field Rules Extended in Gas Zone
The Waskom Field rules extend to govern the Lower Rodessa Gas Zone of the Waskom Field, Harrison County. The common also adopted rules for the Prairie Lake Upper Rodessa Gas Field, Anderson County. Spacing set at 1,320 feet, two thirds by acreage and one third by number of wells.
MENTIONED IN THIS ARTICLE
Austin
Waskom Field Ae
Rodessa
Waskom
Harrison County
Prairie Lake
Anderson County
Also Mentioned on This Page
Crockett and
Tex
Ry Ward
Patrick A. Doheny
R. F. Michael
Byrd
H&tc
Ruby Jones
H&tc Abo
Monans
Hanoi
Lorraine
Indo-China
Travelers
Commission
Allan Rocky Lane
Gregory Peck
the Kingdom
U.S
Cdg
Elliott Hotel
GAY Theatre Goldsmith
Laurance Olivier Amet Jones
Aerrie
Jane Russell
Roy Rogers
Son OF
Paleface
Plaza
William
Roe Man Croll
LTT
Elies Ratt
Owen Hester
Monica Lake
Jingle Bell
kMarion Fox
Bob Featherstone
Bill West
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