Oil Man Warns of Constitutional Tax Limits on U.S. Government
At the Mid-Continent Oil and Gas Association tax forum in Fort Worth F P Hagaman of Esso-Standard warns that a constitutional limit on taxation may be needed to keep federal government powers in check. He cites 1951 tax totals on petroleum and argues current taxes would not sustain federal operations, stressing potential economy-damaging outcomes.
MENTIONED IN THIS ARTICLE
Fort Worth
Mid-Continent Oil and Gas Association
F. P. Hagaman
Esso-Standard Oil Company
New York
Hilton Hotel
Hagaman
Hagamen
Texas Firms Receive Fast Tax Writeoff Approvals
The National Production Authority announced certificates of necessity for rapid tax write offs totaling 5,847,680 in new or expanded defense facilities in Texas. The list includes multiple companies in Houston, Orange, and nearby cities with varied projects and funding.
MENTIONED IN THIS ARTICLE
Dallas
National Production Authority
Texas
PAD Quits Giving Wildcat Steel Aid
The Petroleum Administration for Defense said the steel strike forced it to stop prioritizing aid to wildcat oil well drillers. Deputy Administrator J E Warren noted PAD normally assigns 7 400 tons of steel casing and tubing to emergency field stocks each month.
MENTIONED IN THIS ARTICLE
Washington
The
Petroleum Administration For Defense
Wildcat
J. E. Warren
PAD
Warren
Attorneys Omit Final Arguments In Titles Case
California tidelands oil dispute lawyers decide to skip final oral arguments and submit the case to Special Master William H. Davis for written briefs. Davis will draft a boundary recommendation on low water mark and bay and channel status, with a summer report anticipated.
MENTIONED IN THIS ARTICLE
Washington
California Tidelands
William H. Davis
New York
Davis
Supreme Court
U. S
Justice Department
Chavis
Truman
Congress
El Paso Plans Big Expansion Program
The Power Commission authorized a $108,600,164 expansion for El Paso Natural Gas Co. to supply more natural gas to customers in New Mexico California and to serve a new wholesale customer in Nevada.
MENTIONED IN THIS ARTICLE
Washington
The
Power Commission
el Paso Natural Gas Co
el Paso
New Mexico
California
Nevada
Phillips Provides Production Data on Pecos Gas Strike
Phillips Petroleum Co reports a record depth gas discovery in Southeast Pecos County. The No. 1 Glenna well, 25 miles southeast of Fort Stockton, shows potential beyond 100 MMcf per day after final completion. Tests of several zones indicate strong gas shows and high pressures, with two more zones to test and three additional Glenna wells already started.
MENTIONED IN THIS ARTICLE
Phillips Petroleum Co
Pecos County
Glenna
Fort Stockton
Phillips
Ellenburger
Glenna Block
Glenna Ock
Phillips Final Sector Extender In Penwell Area
Phillips Petroleum completes a 1.4 mile extension to the Penne Ellenburger Field and builds a Wichita twin to the new well. Millard No 1 A flowed 469 barrels of 40 gravity crude with a gas oil ratio of 502 to 1 through half inch tubing. Millard No 2 A Mill will drill to 6900 feet to test the Wichita Zone 100 feet west of No 1 A. Location is in Ector County about one mile north of Judkins and 17 miles southwest of Odessa.
MENTIONED IN THIS ARTICLE
Phillips Petroleum Co
Penne Ellenburger
Wichita
Millard No. 1
Phillips
Penwell
Ector County
Judkins
Odessa
Illinois Colorado Lead Oil Production Increase
Tulsa June 24 The Oil and Gas Journal reports US crude oil and condensate production rose by 3025 barrels per day for the week ended June 21. Illinois added 7300 barrels to 173900, Colorado up 21100, Louisiana 665550, New Mexico 165000, Kansas fell 3800 to 208100, Oklahoma down 1400 to 510700, Texas unchanged at 2699500.
MENTIONED IN THIS ARTICLE
Tulsa
United States
Oi and Gas Journal
Illinois
Colorado
Ilinois
Colofeang
Kansas
Oklahoma
Texas
Commission orders bottom-hole survey for reef fields
The Railroad Commission ordered a bottom-hole pressure survey for the Cogdell Kelly Say and Diamond M canyon areas in Scurry and Kent counties. The survey will begin July 1.
MENTIONED IN THIS ARTICLE
Austin
Scurry
Kent Countie
Railroad Commission
Also Mentioned on This Page
LA Cruz
Bethlehem Steel Co
Quincy
Mass
Clement M. Gile
Pittsburgh
Gulf Oil Corp
R. Paul Henry
Charles K. Slack
Los Angeles
R. N. Tuggle
Grant E. Judge
Houston
St. Louis
Brownsville & Mexico Railway Company
Guy A. Thompson
International Great Northern Railway
Richard Manufacturing Company
Ordnance
Warren Petroleum Corporation
Texas and New Orleans RR. Company
Englewood
J. S. Gissell & Company
Railway Transportation of Petroleum
Edens-Birch Lumber Company
iCorrigan
General Tire and Rubber Company
Waco
Beaumont, Sour Lake & Western Ry. Company
Dyersdale
Graburg
Beaumont
Levingston Shipbuilding Company
Orange
Gulf States Utilities Company
Harms Marine Service, Inc
Sunny Brook
Kentucky
OLD Sunny Brook Company
Louisville, KY
Pecos
Lee C. Moore
Fred McDuff P. O
Seminole
Okla
Eiaii
Louisiana
Mossadegh Cheery
Iran
Tehran
Lmier Mohammed Mossadegh
Hague
Mehra
Britain
Keer
Pioneer
Pioneer IR Lines
Baylor
San Angelo
Hes
Pioneer Ticket Office
Key Southwestern
America
Daily Shopping Guide
American Family
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