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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 27, 1961
Page
2
New Mexico field activity reports show Fusselman wildcat near Crossroads and Jalhes producing oil at high gravity, with several early tests indicating output and pressure gains. In New York trading, oil markets fluctuated as shares slid and major indices dipped amid mixed economic signals and sector gains.
Industry representatives and producers met to outline ground rules for costs to be presented at a future hearing. The set aims to guide a pre hearing conference with public service commissions, examiners, and lawyers as they prepare to assess rates, with emphasis on identifying start up costs, and stabilizing gas prices across several states.
A terse notice describes offsets by the same operator to a recent Federal Rough C discovery. It references a location about 1980 feet from the north and west lines of Section 9837, indicating a surveying or mineral rights adjustment.
Runnels Goen strike finaled in Runnels County seven miles NW of Wine Lemts yielding a 208.64 bpd test through a 4-inch choke at 444 feet with 4800 feet total depth. The No 1 Minor Alexander, Fisher County, produced 70.16 bpd from Swastika oil discovery after gas tests showing 7.5 to 5.5 million cu ft per day.
The record notes a location 344 miles west of Abo production on the south edge of the acuum field. The site lies 660 feet from the north and 1880 feet from the west lines of Section 2-189-34E.
The Railroad Commission on Monday said it lacks jurisdiction to review costs claimed by United Gas Pipe Line Co. to stop a newly formed firm from building gas facilities into San Antonio. The ruling affects gas supply and the city’s public interests tied to Alamo operations and contract terms through April 1.
A damaged OCR fragment notes a wildcat drill near Sylvester and Aspermont in Stonewall and Stone County regions. It mentions a well plug and abandonment at 323 feet, with location coordinates and section references, including American Petrefine Co of Tex and Fern L. Robert.
The article notes rising carbon black capacity worldwide led by Crane Tubb operations in Crane County Texas and Bell Petroleum in Midland. It cites large swaths of gas flow data from No. 1 Mobil Glenn and related wells, plus a New York special on global rubber demand shifting production overseas as U.S. output grows slower than world demand.
The Runnels No 2 well located six miles southeast of Norton in Reanels County was plugged and abandoned at 086 feet. The hole location lies 280 feet north and 2753 feet west of the section corner in Section 34 BL C. Westie Survey.
North Star Air Corp Midland reports three new wildcats in the Permian Basin with San Andres locations in Runnels Menard and Upton counties. Drilling targets include 4500 foot wells near Texan oil fields and a 4000 foot dry hole near Fort McKavitt.
King Tester Quit Shell announces promotions at Shell Oil Co in the Midland area. J E Eastin becomes executive vice president exploration and production along with P A Denmead and N D Smith Jr taking VP roles in exploration and production research. Eas- tin moves to protection. All transfers effective July 1.
A fragment notes Lynn Venture Dry Rood the Co in Dallas with a reference to Wilton Lana County about a site five miles west of Southland being plugged and abandoned at WM feel.
NMU pickets return to Port Arthur Texaco refinery as OCAW workers cross to keep plant running. Galveston port official says further picketing planned at Texas City Americ an Oil test of a Galveston judge’s order. Texaco files $272,000 initial damages in San Angelo against OCAW alleging unlawful work stoppage and conspiracy with NMU.
Daily average production of domestic oil dropped to 6,930,275 barrels for the week ended June 74, per the Oil and Gas Journal. Gulf and East coast refinery shutdowns due to the maritime strike contributed to the decline, with Texas down 77,000 barrels to 2,422,600 and Louisiana off 48,975 to 1,110,825. New Mexico fell to 298,600 and Oklahoma to 501,600. NMU protests and picketing at Texaco Port Neches and Pure Oil Nederland plants accompanied by limited operations at Sinclair refineries reflect ongoing labor action.
A 500 foot Spraberry wildcat well is slated to be drilled in Lynn County eight miles east of Tahoka. The site lies 660 feet from the north and east lines of the southwest quarter of Section 63, Block C of D F Johnson Subdivision No 2, with Dalton Cobb and Kern County Land Co. Midland No 1 Camp and Norman involved. The well also references the east and 660 feet from the south lines of Section 529, Block 1, GCISF Survey.
A wildcat project in Les County, about 20 miles west of Tal, was plugged and abandoned at 5391 feet. The effort involved Leo Wildcat Quiz TV and Westbrook, with Manahans No 1 Continental Federal noted in association.
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