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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 06, 1983
Page
23
A dense list of scouting and company numbers appears, naming multiple oil field leases and stations with identifiers such as Borden Amoco No 39 TJ Good, Durham No 1 Jones Ranch, Harvard No 1 Don A Jones, and others including Exxon, Mobil, and Texaco designations. The text reads like survey markers or asset identifiers rather than a narrative report.
A grouped itemization of multiple oil and gas well entries across Texas, detailing company names such as Wildcats Mitchell Energy Stevens Operating Echo Production Lee House TXO Production and the sites with well numbers, depths in feet, county and section descriptions, survey names, and relative locations like miles from towns including Gail Boaz Lamesa Post Girvin and surrounding lines and sections.
More than 100 demonstrators were handcuffed and escorted to buses after blocking gates at the Long Island Lighting coastal nuclear site. About 138 seized, 35 held for refusing to identify themselves, with others ticketed for disorderly conduct and trespassing.
Interdealer quotes show bid prices as interdealer prices without markup or commissions.
The Citizen-Labor Energy Coalition says profits of 24 major gas producers rose from 4.3 billion to 10.1 billion in five years, amid price ceilings being lifted since 1978. Coalition leader Robert Brandon calls windfall profits excessive while Natural Gas Supply Association calls the study misleading and notes some producers face bankruptcy despite higher prices.
The Interior Department sold 143 million tons of federally owned coal to Amax Coal Co in Powder River Basin Wyoming for 3.6 million plus royalties. Economists valued the tract at 7.2 million while the GAO put it at 15.8 million. Officials defend the sale as compliant and fair.
The Federal Energy Regulatory Commission approves a comprehensive rate settlement by FE Paso Natural Gas Co. The plan lowers interstate rates in West Texas New Mexico Arizona Nevada and California and cuts annual jurisdictional revenues by about 48 million. It becomes effective April 1 and will require about 44 million in refunds.
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