McAllen Purchases Large Land Parcel for Trade Zone Plan
McAllen Texas prosecutors report the city bought 160 acres near the Mexican border as part of a proposed international trade zone. Backers expect federal approval within six months, hoping the zone becomes the largest in the United States. Trade zones allow foreign materials to enter duty free before processing and final sale within the U.S.
MENTIONED IN THIS ARTICLE
Kenneth R. Clark
Mcallen
Tex
UPI
Commerce Department
Economic Development Agency
U.S
Wildcat Drilling to Test Strawn Zone in Schleicher and Other Wells
Oil and business notes report Lloyd Patton to drill to 4500 feet near Schleicher to test the Strawn zone at No. 1 H. C. & H. J. Grafa with precise section and survey references. Texaco, Midland plans re-entry and plug back operations at 8975 foot failure to 4900 feet in Ector County for No. 59 W. E. Connell NCT-3 near Penwell. Ralph Lowe Estate plans 11000 feet tests in Pecos County at No. 1 Perry with Ellenburger objectives and multiple nearby fields referenced with distances and failures.
MENTIONED IN THIS ARTICLE
Lloyd Patton
Fort Worth
Schleicher On
H. C
Menard
Dual
Strawn and Goen Gas
Judy Alice
Upper Boyd
Texaco, Inc
Midland
Ector County
W. E. Connell
Penwell
Jordan
Ellenburger
Howard County
W. F. Long
Block 32
Township 3
T&p Survey
Big Spring
Vealmoor
Ralph Lowe
Pecos County
Gc&sf
Bakersfield
Sheffield
Cisco
Crane Offset Completed Gas Shows From Wildcat in Reagan County
A Crane County offset well No. 16 University in the east central area logged gas shows after acid and fracture treatments. The No. 16 University flowed 148 barrels of oil and 238,000 cubic feet of gas per day from 8895 to 8904 feet.
MENTIONED IN THIS ARTICLE
Crane County
Reagan County
Sinclair Oil & Gas Co
University
Atlantic University
Crane
November oil well completions total 2489 across states
Domestic oil well completions in November reached 2 489 with 1 193 oil wells 243 gas wells 929 dry holes and 124 service wells. Wildcat completions totaled 424 including 66 new oil discoveries 36 gas strikes and 522 dry holes. Exploratory footage was 3 513 723 feet. State totals include California 128 Kansas 236 Kentucky 123 Louisiana 234 Montana 109 Oklahoma 168 Texas 645 Wyoming 56. Montana's Bell Creek area contributed 32 new holes.
MENTIONED IN THIS ARTICLE
TULSA
The
Oil and Gas Journal
California
Kansas
Kentucky
Louisiana
Montana
Oklahoma
Texas
Wyoming
Bell Creek
Texas Drilling Firm Acquired by Gold Metals and Tom Brown
A Nevada firm Gold Metals Consolidate Minig Co will acquire all assets and liabilities of Midland Texas drilling firm Tom Brown Drilling Co for stock. Midland president Thomas C Brown will become president of the combined operations as officer reshuffles occur.
MENTIONED IN THIS ARTICLE
Midland
Gold Metals Consolidate Minig ‘Co
Tom Brown Drilling Co
Midland Company
Texas Drilling Firm
Gold Metals
Thomas C. Brown
Treasury Notes Fiscal Year Totals Through Dec 26
Treasury reports for the year to December 26 withdrawals 88.054 billion dollars deposits 71.240 billion cash balance 7.546 billion public debt 347.635 billion and gold 12.483 billion.
MENTIONED IN THIS ARTICLE
Washington
UPI
Treasury
Sulphur dispute settled in 112th District Court
In Fort Stockton a land dispute over a sulphur assessment project was settled in 112th District Court Friday morning. Mrs. Lucille Smith was allowed to proceed with drilling core holes on Roy McDonald's Girvin ranch, after the TRC testified it would supervise the work. A $7,500 bond was required to cover plugging costs and surface damages were agreed. Judge Charles Sherrill ordered formal entry of the settlement and noted drilling had begun. Smith faces a December 31 deadline to complete five sections of 700 foot core holes to preserve her claims.
MENTIONED IN THIS ARTICLE
Fort Stockton
112Th District Court
Midland Office
The
Texas Railroad Commission
Lucille $. Smith
Fort Stockton Oil and Mineral Properties
Roy McDonald
Girvin
McDonald
Sherrill
Waste Discharge Permit Granted for Pecos County Plant
Sheffield Water Supply Corp receives a waste discharge permit from the Texas Water Quality Board for municipal sewerage but no stream discharge. The permit allows an average of 21,000 gallons per day of treated sewage effluent from a proposed plant to be used for irrigation on Olim Smith property in Pecos County.
MENTIONED IN THIS ARTICLE
Austin
Sheffield Water Supply Corp
Texas Water Quality Board
Olim Smith
Pecos County
Theft Reported At Medical Center Hospital
Ann Alexander of 3821 Blossom s Lane reported a theft at the Medical Center Hospital emergency room. A purse theft occurred Friday with $15 taken while she worked as a candy-striper.
MENTIONED IN THIS ARTICLE
Ann Alexander
Blossoms Lane
Medical Center Hospital
Helicopter Aids Rapid Construction Of San Antonio Hotel
A helicopter and crane assemble ten rooms daily for a 21 story 500 room hotel on the San Antonio River. The rapid room factory method aims to finish in nine months to open for HemisFair 68, with rooms weighing 35 tons and fully furnished before placement.
MENTIONED IN THIS ARTICLE
New York
UPI
San Antonio
R. E. Portik
Armco Steel Corp
HemisFair
Portik
Diagnostic Centers Offer Rigorous Checks For Car Care
Diagnostic centers grow nationwide with Autolite in Springfield New Jersey and a Missouri Automobile Club facility in St Louis. They provide rapid, thorough checks using engine analyzers and road tests, helping motorists know what to fix.
MENTIONED IN THIS ARTICLE
Bob Cochnar
NEA Automotive Editor
New York
NEA
Joe
Ford Motor Co
Autolite
Springfield
N. J
Automobile Club of Missouri
St. Louis
Automobile Association of Great Britain
Missouri Club
Francis Oldham
Basin Andrews Pan American No 1 EK University Drilling Update
Oil field activity shows multiple wells: Pan American No 1 EK University at 11,830 depth preparing to fracture. Crews Mast No 1 drilling 11,473 limestone. Reid well 9035 depth circulating for samples. White Federal at 10,700 fishing. and numerous other Pan American, Union of Texas, and Shell units with depths and test stages across several counties.
MENTIONED IN THIS ARTICLE
Andrews
Pan American
EK University
Texas Crude
Mast
Pan American No
Paul Walker
Southern Natural Gas No
Youngblood
Dawson — Lone Star
Rinewall
Mallard No
ECTOR
Goldsmith
Eddy — Monsanto
Pennzoil
Williamson, Brunner and Dunlap
Loving — Ard
Brunson
Martin — Fasken
Lamesa National Bank
McGrath & Smith
Castro Storing Oil In Caves Amid Cuban Shortage
The exile news agency AIP reports Fidel Castro's regime stores oil in caves for possible emergency use as Cuba faces gasoline shortages and sporadic blackouts. Exiles say service stations run dry and car queues stretch blocks while Russia supplies remain large.
MENTIONED IN THIS ARTICLE
Miami
Fidel Castro
Cuba
AIP
Russia
Venezuela
U.S
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Oil & Business News
University Lands Survey
David Fasken
No. 16 University
Regan County
Best
Strawn
Grierson
Wolfcamp
Georgetown
Clear Fork
Ford
General Motors
Chrysler
Permian Basin
PECOS
Roden
Bennett
Schleicher
Nearburg
Jones
Scurry
Lone Star
Terrell — Forest
Judkings
Tom Green
Texota
VAL Verde
Shell
Mitchell Banger
Ward — Shell
Houston
Winkler — Roden
McDanel
Sinclair
Tubb Estate
Wolfe
Yoakum — Brahaney
Howard
Ree Service
Bank of
Commerce
Tven
Gomer Pyle
USMC
Will Sennett
Judd
Joey Bishop
Pinner
Holland Bulb
Burford
Crocus
Andrews Hwy