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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jun 29, 1959
Page
1
A survey by Rinehart Oil Reports shows a drop in new wells staked last week. West Texas planned 105 projects versus 133 the prior week, and Southeastern New Mexico had 28 tests compared with 38 a week earlier. County details follow.
New York special report highlights the rise of skid mounted portable service stations as a growing force in oil marketing. More than 100 exist in the Southwest and Midwest with hundreds expected. Investments run 5 000 to 8 000 dollars, newer designs cost about 8 000. Stations attract independent distributors and major brands alike, with 10 000 to 50 000 gallons monthly per site. Major brands monitor the trend as private brands operate some skid mounts.
Roswell Geological Society will meet Tuesday at 6 p m at the Holiday Inn Roswell. Robert A Zeller Jr consulting geologist from Hachita New Mexico will discuss Petroleum Prospects in Southwestern New Mexico and Adjoining Areas. He holds B S and M S from Penn State and a PhD from UCLA and has published geologic maps of Dog Mountain and Playas quadrangles.
In Tokyo the Japan Bible Christian Council warns that state Shinto revival among Liberal Democratic leaders could curtail civil and religious liberties and restore emperor worship. Pfaff cites Ise Shrine as a flashpoint, while Shinto officials deny the claim amid debates on postwar constitutional limits.
An illustrated National Supply Company leaflet commemorating oil history notes how depth records evolved from Colonel Drake's 1859 Titusville well to 25,349 feet in 1958. It highlights milestones at 5 000 10 000 15 000 20 000 and 25 000 feet, quotes engineers on future possible depths, and features Drake's photo along with images from six record wells.
Robert I. Kahn of Houston was chosen recording secretary of the Central Conference of American Rabbis in Bretton Woods New Hampshire yesterday.
Iran with 33 billion barrels of reserves moves to expand free world oil access by inviting foreign exploration across thousands of square miles. A new 40,000 barrel refinery is planned near Tehran, plus a large loading terminal in the Persian Gulf and a 36 inch pipeline to the Mediterranean linking Iran, Turkey and Europe. By 1967 exports are projected near 4.59 million barrels daily, about 15 percent of world demand, with Agha Jari and Aba dan fields cited as examples of large scale output and capacity, while Iran’s reserves equal U.S. totals.
Donald M. Oliver of Midland plans a 4500 foot wildcat in Chaves County five miles north of the SRR pool in northwestern Lea County. The No 1 Amerada State location sits 660 feet from north and west lines of Section 15-8S-32E. In Lea County Texas Pacific Coal and Oil Co Fort Worth drills below 6883 feet in lime and dolomite at No 3 A State, with an 8000 foot wildcat planned in the Shallow Jalmar area. A 24 hour drillstem test of the Clear Fork at 6756-6780 feet produced gas in 70 minutes, with no volume estimate. recovery was 1570 feet of saline sulphur water.
Phillips Chemical Co, a Phillips Petroleum unit, announced plans to expand the Sweeny Texas ethylene plant increasing capacity by 75 million pounds per year to reach 255 million pounds annually. The move aims to boost output at the facility in Bartlesville Oklahoma.
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