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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jan 19, 1981
Page
4
The FBI says fuel was stolen from barges tied up along the Mississippi River. Ten men were arrested and three shrimp trawlers seized after a four month probe by harbor police and federal agents prompted by barge terminal owners reporting fuel losses.
Bridge discussion covers responses to partner's cue bids, hand shapes, and risk assessment. South holds J10T2 KQT2 O83 A65 with various vulnerabilities and bidding sequences, debating four spades versus grand slam chances and cautious pass versus raise decisions.
President Carter seeks 12 billion dollars for energy programs in fiscal 1982, a 37 percent rise led by two-thirds for the Strategic Petroleum Reserve to safeguard oil supplies. The plan comes as inflation nears 12 percent and as Reagan nears inauguration, with further cuts possible.
A survey lists numerous operators and well names with current drilling or fishing depths. Entries cover Andrews Hanson No 1 Bird at 11509 feet, Chevron and Exxon wells reaching depths near 28,000 feet, and many others including Regal Development, Amoco, Sun Texas, Texoma, and Coastal Oil with depths from about 2,700 to 27,957 feet across Pecos, West Texas basins, and surrounding fields.
Hunt Energy Corp of Dallas will drill No 1 Will F Whitehead a 15300 foot wildcat in Val Verde County twenty miles southeast of Juneau location 1568 feet from south line 1337 feet from west line Section 15 Block L GC SF Survey sixteen miles southwest of the Vinegarone Strawn Gas Field Hunt Energy Corp of Dallas will drill No 1 Adah Cawthorn an 11000 foot wildcat in Val Verde County eighteen miles northeast of Juneau location 2126 feet from north line 1697 feet from east line of Section 8 GC SF Survey and one mile northwest of the Crown Production Co of Dallas will drill No 1 Melcher Paxton an 11000 foot wildcat in Hockley County two miles northeast of Levelland location 999 feet from north line 1268 feet from east line of Labor 9 League 7H SCL Survey and one miles northwest of the Levelland Northeast Strawn Field Kenai Oil & Gas Inc of Midland will drill No 1 NA Watts a 10500 wildcat in Terry County two miles southeast of Wellman location 660 feet from north line 850 feet from east line of Section 41 Block BD JH Gibson Survey and three miles northeast of the Wellman Fusselman Field
Daily quotations from the National Association of Securities Dealers show interdealer bids and quotes with no markup or commission. The report lists First United Bancorp and Tipperary Land Co among entities in the field, with figures noted alongside.
Wyoming Senator Cal Taggart leads a push to repeal the 55 mph cap as Republicans rally for states rights. He recalls a prior revolt and a $48 speeding fine for 102 mph as he cites optimism about repeal under a Reagan era administration.
Texas A&M soil scientist Dr. Lloyd R. Hossner predicts more than a million acres of Texas land will be stripped in 40 to 50 years to access lignite deposits beneath the surface. He says effects may begin in 5 to 10 years as leases near two million acres are pursued. Mines will require 50 to 100 feet of overburden. restoration plans are mandated by law, including reestablishment of native vegetation or pasture and soil rehabilitation.
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