World crude production hits record 12.278 million barrels daily
World crude output averaged 12,278,300 barrels per day in March, a 1.5 percent rise from February and 6.2 percent higher than March 1951. United States set a March record at 6,415,000 bpd, Kuwait surged to 784,000 bpd, and Canada showed gains while Venezuela eased due to refinery inspections.
MENTIONED IN THIS ARTICLE
Tulsa
Oil and Gas Journal
United States
Kuwait
Persian Gulf
Saudi Arabia
Iraq
Iraq Petroleum Co., Ltd
Kirkuk
Banias
Syria
Canada
Venezuela
Mexico
Colombia
Hemisphere
Egypt-N. Africa
Europe
Middle East
Far East
Russia
API to Meet Here At 6 30 P M Today
Permian Basin Chapter of the American Petroleum Institute plans a May meeting at 6:30 p m in Ector County Park. J E Cooper of Midland will chair the program with entertainment and Chuck Wagon Gang barbecue. A E Cudlipp of Lufkin Foundry and Machine Co will be the main speaker. Tickets cost 2 dollars and will be sold at the door.
MENTIONED IN THIS ARTICLE
Permian Basin
The
American Petroleum Institute
Ector County Park
J. E. Cooper
Western Co
Midland
A. E. Cudlipp
Lufkin Foundry and Machine Co
Lufkin
Louisiana to Cut High Gasoline Tax
Governor Kennon wins House approval for a two cent cut to Louisiana's nine cent gasoline tax the nation's highest. The package also raises income tax exemptions to 2500 for singles and 5000 for families and ends the requirement to file federal returns with state filings. Estimated savings total about 12 million dollars annually.
MENTIONED IN THIS ARTICLE
Louisiana
Baton Rouge
Robert Kennon
House
Kennon
Commission Hearing Set On Grayson County Well
The Railroad Commission schedules a public hearing for June 13 on Standard Oil Co. of Texas request for discovery allowable rights and a new field designation for the Clinton et al Well 1 in Grayson County.
MENTIONED IN THIS ARTICLE
Austin
Tex
Railroad Commission
Standard Oil Co. of Texas
Clinton Et al
Grayson County
AIME hears controversial paper on new development
Houston engineer Martin G. Miller outlines a six step plan for a new oil field development at the May AIME meeting in Odessa with more than 90 attendees. The talk, previously presented at a Austin conference, argues against unitization and details sequential drilling, testing, and production phases to determine field size and capacity.
MENTIONED IN THIS ARTICLE
Aime
Miller
J. R. Butler and Company
Austin
WECO to Hold General Sales Meeting in Odessa
Well Equipment Mfg Corp and Chiksan Company plan a two day general sales meeting in Odessa at the Lincoln Hotel. About 25 reps from seven states plus Canadian and Rocky Mountain coast areas will attend along with executives J H Robinson John W Gates Foster Jordan G Dick Winder Gus Bagard and Pete Bily. They will inspect the Space Saver all steel rotary hose used on a West Texas well and tour nearby fields to review hose performance. West Texas drilling activity prompted the Odessa site choice.
MENTIONED IN THIS ARTICLE
Well Equipment Manufacturing. Corp. of
Houston
Chiksan Company
Odessa
Lincoln Hotel
WECO
Chiksaw Company
Rocky Mountain
Pacific Coast
Canada
J. H. Robinson
John W. Gates
Foster Jordan
Well Equipment Mfg. Corp
Dick) Winder
Gus Bagard
Pete Bily
West Texas
United States
West Texas Oil Activities
Also Mentioned on This Page
Texas
API
Rhinehart and Company, Inc
Shell Oil Co
Martin G. Miller
American Institute of Mining and Metallurgical Engineers
Jim Blackwood
Amerada Petroleum Corp
Alime
Ray Howard
Atlantic Refining, Co