Oil theft trial of seven defendants opens in Texas
A state district judge in Longview rules jurors cannot hear testimony from two state investigators called by the prosecution. The defendants from Texas Oklahoma and Louisiana face charges of organized crime for stealing oil from storage tanks and selling it to refineries above legal limits.
MENTIONED IN THIS ARTICLE
Longview
Texas
Oklahoma
Louisiana
Bill to bar drilling in wilderness areas moves to House
Washington AP The House Interior Committee approved a compromise bill 34 to 7 to ban oil and gas drilling in America’s wilderness areas. The measure follows Interior Secretary Watt’s demand for Congress changes to federal wilderness protection laws to avoid mineral leasing. Watt had imposed a one year moratorium on lease approvals while Congress debated changes.
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Washington
America
House Interior Committee
Interior
James G. Watt
Watt
Congress
Texaco makes significant oil discovery near Point Conception
Texaco U S A reports a significant oil finding 12 miles west of Point Conception in the Santa Barbara Channel. Two wells tested at about 4 200 and 3 000 barrels per day, in 788 and 891 feet of water, on the Hueso tract leased from the Interior Department in 1979. Companies Texaco Pennzoil Sun Exploration Koch Exploration hold stakes totaling 100 percent. Production expected in three to four years with platform design underway. Texaco already operates Habitat gas platform near Carpinteria.
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Santa Barbara
Calif
Texaco U
Texaco
Interior Department
Pennzoil Co
Sun Exploration and Production Co
Koch Exploration Co
Williams
Carpinteria
Oil and Gas Well Summary From Scouting LEA NM Texas Crude
A compact listing of numerous oil and gas wells with operators and well numbers in Lea New Mexico and Texas. Includes Crude No 1 Caudill Eight 3144 Brewster Phillips 44 1 A Law, Glasscock Dorchester Exploration 1 13 Cheatam 3819 Martin Tenneco No 1 Kuhlman Farms 10 694 Pecos Hunt Energy Corp No 1 9 Cerf Ranch below 29518 Reeves Gulf No 2 Northwest Hammond Unit 16900 Gulf No 4 D E Perkins et al 1315 Terry L&W Oil No 1 74 Wilson 4850 Winkler HNG Oil No 1 21 13 University 15327.
Wildcats Coke 4200 Feet Near Robert Lee Texas
NRM Petroleum reports a 4200 foot Wildcats Coke well in the 367 block 1A H¢eTC survey. Location is 13 miles northeast of Robert Lee near Midland on the N and W line. No. 1 Perry 1980 reference noted.
MENTIONED IN THIS ARTICLE
NRM Petroleum
Midland
Perry
Robert Lee
Interdealer Quotations Notice for Securities Dealers
Daily quotations from the National Association Security Dealers excerpt. Interdealer bids shown as interdealer prices with no Dawson markup, markdown, or commission. Includes entries for MGF Oil, Tipperary Land Co, Stewart and Stevenson, First United Bancorp and Lovelady Peay PRPWE with various numbers and references.
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Stewart & Stevenson
Tional Association Security Dealers
Inter
Dawson Markup
Markdown
Commission
Tke Lovelady Peay Prpwe Cs Vies Deus
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