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Odessa American in Odessa, Texas

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jun 15, 1956

Page

9

Panel Probes Gas Oil Group Spending and Tax Deductions

Senate panel hears testimony on the NGO committee funded by oil and gas firms. Leonard F. McCollum, Continental Oil president, says over 134 million dollars was spent on an education program and that contributions may be deductible business expenses. Senator Ander Bon questions if such costs are legitimate deductions under the tax code.

Washington Ander Bon D-Inm Senate Andersen Natural Gas and Oil Resources Committee NGO Special Senate Committee Naturaligas Eisenhower Leonard F. McCollum Houston Tex NGO Committee McCollum Continental Oil Co Anderson Federal Treasury Sen. McClellan D-Ark Investiating Committtee

Offshore Drilling Halted By Court Ruling Shuts Down Work

A Supreme Court order halts new offshore drilling in disputed lands prompting a work stoppage by about 300 crewmembers across 10 geophysical teams. Some 86 rigs remain active with crews averaging 70 men as a boundary dispute between Louisiana and the federal government over mile limits delays drilling until resolved.

Morgan City Supreme Court Louisiana

Fort Worth Livestock Prices See Mixed Movements

AP reports Fort Worth cattle tonnage with calves 100 steady medium to good steers 14.00 to 17.00 fat cows 10.50 to 13.00 good calves 16.00 to 19.50 and medium to lower 10.00 to 15.00 hogs steady choice 16.50. San Antonio lists all untested cattle calves hogs sheep and goats with averaged fed heifers at 19.25 and stock steer and heifer calves 17.00 to 20.00.

Fort Worth San Antonio

Oil well drilling and testing roundup with multiple operators

The report details extensive drilling activity across numerous oil fields and companies. It lists wells by operator and location, depths reached, swabbing results, tests, perforations, and fluids recovered, noting ongoing drilling and testing in several formations.

Oil field drilling progress across multiple units

A detailed rundown of drilling activity across basins from Monterey to Midland and Pecos. Entries include company names such as Shell, Humble, Texaco, and Atlantic, with depths ranging from a few hundred to over ten thousand feet, tests and recoveries noted, and the Upper Crane Fork and other formations mentioned.

Wildcats Schedule In Two WT Counties

Two wildcat sites staked in Texas this week. Continental Oil Company files in Andrews County for the No. 1 I. T. Lindsay on a 644 acre lease nine miles west of Andrews, target depth 12 700 feet. Dykes Drilling Company files in Tom Green County for the 0 1 Alice Duff ten miles south of Christoval on an 8 acre lease. target depth 7 500 feet. Ground level 2317 feet.

Andrews County Tom Green County Continental Oil Company I. T. Lindsay PSL Gurvey Andrews Dykes Drilling Company Sanelo Alice Duff Gc&sf Survey Wildcat Christoval

Fisher Wildcat Flows On Test Near Roby

General Crude Oil Company’s No 1 John Dooley wildcat, nine miles southwest of Roby in Fisher County, flowed oil on a drill stem test of the Ellenburger top from 7232 to 7260 feet. The tool was open 3 hours 45 minutes with gas surfacing 13 minutes and oil 7 minutes. oil rate about 10 barrels per hour for 2 hours 32 minutes. Recovered 5130 feet of oil, 145 feet of oil and gas cut mud, no formation water. Flow pressure 2135 pounds, 20 minute shut in pressure 3045 pounds. Wildcat at total depth 7260 feet in a dolomite interval while electrical logs run. project located 660 feet from south and west lines of section 171, block 3 H&TC survey.

General Crude Oil Company John Dooley Wildcat Roby Fisher County

New Contract Slated For Sinclair Workers

Kansas City reports a new contract is slated for Sinclair Oil Corp workers after union and company negotiators agreed on terms. Marvin Zeldin of the Oil Chemical and Atomic Workers Union said details would be released later as negotiations began May 28.

Kansas City Sinclair Oil Corp Atiik Marvin Zeldin Sai

Also Mentioned on This Page

Southwestern Securities Company Phillipe Bidg FE Otis McKelvey Shelton Sanders Investments Phillips Tumber Corg Johns-Manville FOX Rig & Lumber CO Dow-Jones Utilities Amerada Pete American Airlines American Tele Anaconda Co Anders Prichard Te Achiand Atlantic Bethlehem Owenee Chrysler Corp Monterey Oil National Supply Northern Natural Gas Northern Pacific Reilwa Peer Bnew Ese Ohio Phillips Pete Plymouth Oil Republic Steel Reynolds Tobacco Sears, Roebuck & Co Ween Shell Sinclair Eaters Socony Mobileres Standard Oil of Calif Jersey Standard Oil Indiana Sunit Sunray Mid-Cent Texas Q Weh Hices Fundery Tee Broad Street Reeeneens Canadian Fund Century Shares Trust Reeene Etwas Chemical Funwees Gas Indus Incorporated Investors Investment Trust O Boston Pe Beeeeer Eens Massachusetts Investors Trust National Investors Corp Southwestern Investors Texas Fun Value Line Income Fund Wellington Fund Whitehall Fund Aztec Ol & Gas Beaver Lodge Siralls & Bryson Delhi J Ray McDermotter i Kewanee Staan E Een Enee Kingwood Oil E Renee Pubcc Republic Nat Gas Weer Sabre Pinon Uv Ea Phesonvogess Hamon E University Humble Armstrong Pauley Texaco Williamson University Borden — Caulkins Milliken Drilling Cochran — Sun Reed-Starnes Union of California Crockett Forest Todd Tawcane Bivins Coring Dawson Gibson Weaver Sager Superior Barnes McBrayer Arren Burkett Dickens — Skelly Beggs Ranch ECTOR Parker Sheilari Phillips Edwards Ilatem Ellenburger Iy Philistens Sunray White Eagle Gaines Amerada Stark Ashman and Hilliard Medlin Io Service Proctor Randolph Huskey A Doss Husky Parnell Magnolia Palmer San Andres N. M Great Western Grayburg Monterey Huckley Barnes Griffith- Lawdon Air Jones O'Neil Conner Darby Kent Dave Pay Grassy Tidewater LEA. N. M North Knowles Mnie Nibh Ninclauin Seaman Skelly Superior Oo Lubbock Kewanee Midland Rutter and Wilbanks Reagan — Atlantic University Block Warren Muu Susie O Schleichen Aucker Duncan Ana Avanunu Sutton Cuener Holman Drilljing FERRY Black Williamsoun Corrigan UPTON Siete King Ranch Texacuo Garf Hobbs Wilshire Jacobs Stanylind West Winkler Waddell Richardson Hill Stanelind Damron Anelind Hendrick Ounray Yoakum Honolulu Clanahan Crear Fork Lower Crear’ Fork Humble & Armstrong Roberts Texas Crude Randall United States Canada Hughes Tool Company American Association of Oilwell Drilling Contractors Alabama Arkansas Arizona California Colorado Florida Georgia Mississippi Nebraska Nevada New Mexico New York North Carolina North Dakota Nccceassvcdnes Oklahoma Oregon Pennsylvania South Dakota Tennessee Texas Gulf Coast West Texas North Texas East Texas Csesees Utah West Virginia Wyoming Prudent Kentucky Ancient Age Distilling Company Frankfort South Shore Oil Southern Union Gas_ one Exas Industries Ee Texas Eastern Texas Eastern Trans Eee Ae Texas Nat'l Pete Peewee Tennessee Gas Trans Nat Gassoos Ultrasonics Corteens Westbrook Thompson Jelex Jetestern Nat Gas White Eagle Oil Wildcats Fisher Automobile Henderson - Parker Agency North Smitty's Ira Smith Andrews Highway Skychief Gas
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