Four new West Texas wildcat drill tests filed
Deepest test reaches 8500 feet in northeastern Borden County as C W Guthrie files No 1 M S Jones eight miles SW of Fluvanna. Delfern Oil Co plans No 1 Brownfield 5700 feet in Yoakum County near Seagraves. Standard Oil of Texas targets No 2 Tom Currie 1400 feet rotary in Glasscock near Garden City. Fortune Drilling to drill No 1 A T Chaney 4900 feet in Schleicher County northeast of Eldorado.
MENTIONED IN THIS ARTICLE
West Texas
Borden
Yoakum
Glasscock
Schleicher
Borden County
C. W. Guthrie
Big Spring
M. S. Jones
Fluvanna
H&tc
Delfern Oil Co
Lubbock
Yoakum County
Seagraves
Reeves Field
Tom Currie
Garden City
Fortune Drilling Corp
San Angelo
Motors Gain Helps Mixed Market Uptick at Noon
New York AP reports a mixed stock market with the Dow up 15 at 703.94 at noon. Motors and blue chips provided gains while steels were steady to down, airlines and chemicals showed slight upside, and American Viscose and Woolworth moved modestly lower amid moderate activity.
MENTIONED IN THIS ARTICLE
NEW York
Motors
Associated Press
Chrysler
Ford
General Motors
du Pont
Woolworth
Boeing
U.S
Wildcat Planned In King County Wildcat Planned In King County
Ard Drilling Co of Abilene has scheduled a 6100 foot Mississippian wildcat in northeastern King County 15 miles northeast of Guthrie. Location 1980 feet from south and 660 feet from west in Section 25, Block A, R M Thompson Survey on 3000 acres. Ohio Oil No 1 Nellie McLaury in Kent County near Clairmont completed as third well southwest extension to McLaury Strawn field. Potential to pump 93.75 barrels of 39.5 gravity oil daily through Strawn open hole at 7712 27 feet after acidization with 250 gallons mud acid. gas oil ratio 337 to 1. Location 467 feet from south to southeast corner of W P Wilson Survey No 7, then 1700 feet west to location in Survey No 6.
MENTIONED IN THIS ARTICLE
Ard Drilling Co
Abilene
Ohio Oil Co
Nellie
Location Abandoned at U S Smelting Mine No 1 A Beaver
The abandoned Crane County wildcat location at U S Smelting Refining and Mining Co No 1 A Beaver records a total depth of 3615 feet. The site lies 660 feet from the southeast and 6200 feet from the most southerly northeast lines of Section 8, Block 31, H and TC Survey.
MENTIONED IN THIS ARTICLE
U.S. Smelting, Refining & Mining Co
Crane County
H&tc Survey
Two Concerns Oppose Senate Gas Rate Bill
Washington AP The Senate bill to bar pyramiding of gas rate increases met opposition from Columbia Gas Transmission System Inc and Tennessee Gas Transmission Company. Company spokesmen argued the measure harms consumers and fails to address underlying FPC delays. Witnesses from the industry said the rule would hinder rate relief for gas suppliers who purchase from many producers. Hearing recessed until June 19.
MENTIONED IN THIS ARTICLE
Washington
Senate
Columbia Gas Transmission System, Inc
Tennessee Gas Transmission Company
Senate Commerce Committee
National Association of Railroad and Utility Commissioners
Federal Power Commission
John W. Partridge
Columbia
FPC
Commission
N. Knowles Davis
Houston
Tennessee Gas
Samuel Joseph
Phillips Petroleum Company
Trade Magazine Plans Sell Out To Dallas Firm
Arthur L. Rice of Rice Youmans Publishing Co announces plans to sell Petroleum Equipment Magazine to Associated Publishers Inc Dallas. Ted W Mayborn confirms the transaction stating all circulation editorial sales and management will move to Dallas headquarters of Drilling International and the parent company.
MENTIONED IN THIS ARTICLE
Dallas
Arthur L. Rice
Rice-Youmans Publishing Co
Barrington, Ill
Petroleum Equipment Magazine
Associated Publishers, Inc
Drilling International
Ted W. Mayborn
Associated Publishers
Rollo E. Davidson
Lease Bills Win Approval Offshore Drilling Plan
Washington AP reports House interior subcommittee approved bills to permit offshore oil drilling in two Texas coast ranges. Leases must be approved by Navy and Air Force secretaries. Corpus Christi warning area and Matagorda seismic range would allow interior leasing up to 20 miles seaward from the three-league line, with military and oil firms accepting a compromise.
MENTIONED IN THIS ARTICLE
Washington
Texas
House Interior
Armed Services
Navy
Air Force
Corpus Christi
Matagorda
Military
Interior Department
Area Geologist Named Exploration Co-ordinator at Fort Texaco Pacific
Eddie Riddle Jr. has been appointed exploration co-ordinator at the Fort headquarters of Texas Pacific Coal and Oil Company after five years as division exploration manager in Midland. He will be succeeded in Midland by William Parsons, the division geologist for four years.
MENTIONED IN THIS ARTICLE
Eddie Riddle Jr
Midland
Forth
Texas Pacific Coal & Oil Company
William Parsons
Midland Division
Refinery Runs Rise For Second Straight Week
The American Petroleum Institute reports a second weekly rise in refinery runs for the period ending June 2, boosting crude runs to stills by 311,000 barrels daily to 8,360,000. Heavy fuel oil and kerosene production led gains while gasoline output fell. Domestic oil output rose, Texas and California trends shifted, and imports edged higher with California increasing crude oil receipts.
MENTIONED IN THIS ARTICLE
American Petroleum Institute
Texas
California
Permian Basin Drilling Progress in Multiple Counties
Scouting of the Permian Basin shows progress reports on major wells across Andrews to Texaco fields. Wells include Humble Bailey testing Strawn perforations and Union Texas Fasken Fusselman, with depths up to 13,208 feet and varied gas oil ratios, casing projects, cementing, and several drillstem tests in Devonian and Mississippian formations.
MENTIONED IN THIS ARTICLE
Ithe Basin
Crockett
Constantine
Bair
Humble
Bailey
ECTOR
Conoco
Foster
Haskins
Bradley
Union Texas
Fasken
Fusselman
Interior Oil Imports Rise in April Report
Interior Department reports crude oil and products imports averaged 1,456,036 barrels daily in April. Exempt overland imports from Canada and Mexico totaled 174,106 barrels daily, with drilling updates for several field listings including Sutton Tucker and Terrell Shell entries.
MENTIONED IN THIS ARTICLE
Washington
Interior Department
Canada
Mexico
Upton
Gulf State
Crane County gains three basin discoveries in Permian fields
Odessa based Ray Morris Exploration Co. reports three new basin discoveries in Crane, Andens, and Runnels counties. In Crane, No 1 T C Barnsley near Sand Hills field yielded 650,000 cu ft gas daily through perforations at 5434-5535 ft. No 2 Barnsley produced 7.1 million cu ft gas daily at 3841-46 ft. Also in Crane, Gulf Oil Corp completed No 2 A C Edwards as McKee oil discovery near Running W pool, with 160 bbl daily from 6,129 ft. In Runnels, Spivey and Doss No 1 Hubach found Palo Pinto oil at 3,961-64 ft, 83 bbl daily with 70% water. Ralph Lowe reports No 1 Southland Royalty B in Andrews County flowed 216 bbl daily.»
MENTIONED IN THIS ARTICLE
Crane County
Permian Basin
Andens
Runnels
Ray Morris Exploration Co., Et al
Odessa
Wolfcamp
San Hills
Crane
T. C
Sand Hills
T. C. Barnsley
Ector Explorer Drills Third New Pay Zone in West Texas
Humble Oil & Refining Co plans a stem test at 9785 to 9801 feet on No 1, reporting 70 feet oil and 60 feet oil and gas cut mud. closing pressure 2687 psi. depth 9836 feet. Leonard shows oil at 8332 to 60, Wolfcamp at 8890 to 947. One mile southeast of Cowden, two west of Barrow fields. Another well, No 1 TXL, 34 miles northeast extension to Clear Fork, yielded 1215.5 barrels daily of 38.1 gravity oil with 1975:1 gas-oil ratio. Location 1320 feet south, 1336 feet east of section lines.
MENTIONED IN THIS ARTICLE
Humble Oil & Refining Co
Barrow
Leonard
Wolfcamp
Odessa
Post
T&p
Cisco
Wolf Camp
North Cowden
Jwell Barrow
Ellenburger
Midland County
Rodman & Noel
Clear Fork
Midland
T&p Survey
Oil Industry Education Drive Promotes Wildlife Conservation
The American Petroleum Institute calls for extended cooperation among conservation groups and a stepped up education program on wildlife and natural resources. It endorses collaboration with government and private organizations and cites Alaska Kenai Moose Range development as an example of minimizing habitat disturbance.
MENTIONED IN THIS ARTICLE
New York
American Petroleum Institute
Oil Industry Trade Association
Institute
Alaska
Kenai National Moose Range
Region Landman Named For Lion Region Landman Named For Lion
Norman B. Abbott named regional landman for Monsanto Chemical Company Lion Oil Division in the Southwestern Exploration Region with headquarters in Midland. Abbott joined Lion Oil in 1950 and has held multiple landman roles, most recently staff landman in Houston. He is a University of Arkansas graduate with an LLB earned in 1948 and was an attorney in El Dorado before joining Lion Oil.
MENTIONED IN THIS ARTICLE
EL Dorado
Ark
Norman B. Abbott
Monsanto Chemical Company
Lion Oil Company
Midland
Abbott
Lion Oil
Land Department
Houston
University of Arkansas
Arkansas Bar
Concho Draws Hope Discovery in Concho County
Anderson & Graham reports No 3 T W Jennings staked as a 933 foot stepout to the 2 well West Winters field in Runnels County four miles south of Winters. Contract depth 4250 feet with location spots 7168 feet from the south and 2990 feet from the east lines of Robert Clever Survey No 521.
MENTIONED IN THIS ARTICLE
Sunray Mid-Continent Oil Co
Abilene
J. E. Henderson
Concho County
Wildcat
Eden
Secition 55
H&tc
Anderson & Graham, Midland
T. W
Robert Clever
Also Mentioned on This Page
DOW Jones
TORO
Aleghaney Corp
Ecossensus Aluminium Ltd
Amerada
American Air Lines
American Motors
Sss Amer
Tel
Amippex
Armconda CO
American Metals
Aunco Steel
Tstlantic
Arco
DIN Baldwin-Lima Cities Service
Issee City Storem
Coseveeeeene Ceterado Fuel & Iron
STN
Bu Carfen Pete
Steecs Slecceseseese
King County
Permian
Andrews
Hamble
Novall
Texaco
Clayton
Limpia
TXL
Graham
Dawson
Trice
Eddy — Cactus
Pan American
Chambers & Kennedy
Sinclair
West
Gaines — Baxter
Mayo
Garza
Glasscock — Tucker
Hockley
Gillispie
Johnson
Ohio
Ivey
Kent
McLaury
Mayes
Sun
Wallace
Great Western
BODC
Hondo
Wilson
Lower Yates
McAlister
JG State
Lea
State
Ohio-Wilson
Devon
Ian
Western
Texas Pacific
Williamson
Westate
Loving — Redfern & Herd I Bren Gon
Lowe
Illing
Lone Star
Odham
Pecos
Atlantic
Gallagher
el Cinco
Price
Forest
Moore
Nutt
Hunt
Wimberly
Odessa Natural
Disa
Wilbanks
Dan
Mitchell
Shell
Blackstone
Socony
Schlosser
Southern Minerals
Jasper
Presidio
Reagan
North Star
Phillips
Hartgrave
Reeves — Golf
Cleveland
Drilling
Roosevelt
Falken
Green
Jones
Powell
Henderson
McMillan
Taylor
Sutton
Tucker
Riley
Terrell
Tom Green
Tucker J-A Malone
Gulf Oil Corp
C. W. Edwards
McKee Oil
Waddell
PSL
Runnels County
Spivey
Doss No
Hubach
Palo Pinto
Ralph Lowe
Fort Worth
Southland
Deep Rock
Andrews County
Ector Explorer
API
Gulf Coast
Fish and Game
Flamingo Lounge
American Bank of Commerce
H. Hentz & Company
New York Stock Exchange
Stock and Commodity Exchange
Lion
Concho
Seibering Tires
Bailey Tire CO
Zith and
Kermit Hwy
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