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Pecos Enterprise in Pecos, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Pecos Enterprise

Location

Pecos, Texas, United States of America

Date

Jun 12, 1970

Page

12

Delaware Basin oil and gas surge across Ellenburger fields

The roundup records multiple drillings in Ward and Pecos counties with Ellenburger gas and oil producers. Notable wells include J H Edwards No 1 and Superior Oil Eiken No 1 yielding high gas flows and open tests, while others like Noelke Estate and Fort Stockton units report gas and oil production, acidizing, and recent completions in the Ellenburger and Fusselman zones.

Lone Star Producing Co Ellenburger J. H. Edwards Estate Arenas Humble Oil & Refining Co Ward County Reeves County Mi Vida Ellenburger, Fusselman and Delaware Fusselman Superior Oil Co H&gn Pecos Humphrey Montoya No. 1 Fiken Haley Winkler County Crittenden Adobe Oil Co Barstow Sun Oil Co Noelke Pecos County Sheffield Gulf Oil Corp Fort Stockton Gomez Multipay

Earnings Drop May Hamper Oil Industry

Dallas AP reports market analysts warn of shrinking returns on investment and looming supply demand issues in oil before the American Petroleum Institute finance meeting. Karl W. Schulbach of Hamerschlag Bord notes high capital needs but faltering earnings may shut off outside funding, urging management vigilance and swift countermeasures amid a projected sharp drop in returns.

Dallas American Petroleum Institute Division of Finance and Accounting Karl W. Schulbach Hamerschlag, Bord and Co New York Schulbach Chase Manhattan Bank Kenneth E. Hill Eastman Dillon Union Securities Ltd the Treasury Walker England Nixon Southeast Asia

Oil Firms Plan Major Houston Skyline Developments

Large oil companies announce up to 3 billion in urban projects in Houston for the 1970s. Shell seeks Plaza Del Oro a 1 billion 525-acre complex near the Astrodome while Texas Eastern plans a 32-block downtown area costing 1.5 billion. Projects include towers hotels and thousands of apartments.

Houston Oil Company Oil and Gas Shell Oil Co Plaza del Oro Astrodome Texas Eastern Transmission Corp Robert M. Hart Shell Texas Eastern Main Street Houston National Co Tenneco Inc Tenneco California Kern County Land Co Virginia Newport News Shipbuilding and Dry Dock Co Gardner Symonds Tenneco Board Symonds

Also Mentioned on This Page

Delaware Basin J.H. Edwards Lower Leonard Monahans PSL Edwards UIS Pyote Eiken Kermit Mitchell Beach & Snoddy of Midland Keystone Cattle Co Winkler H&tc Survey Humble-Hogg North American Royalties, Inc Wellsite Yucca Butte Stockton Earth Resources Co. of Roy Girvin Brown & Thorp Girvin H&gn Survey Duluth Minn Great Lakes By Gordon Bankston Max B. Skelton Barnes Wellaw Corp E. Lyle Johnson Alco Drilling Co Odessa T.C.L Imperial McKee Abell- Wofford Seven Rivers McKee and Waddell H&tc Lilly Anna Kramer Pretoria South Africa British Broadcasting Corporation Hlath Walt Disney Jules Verne Jules Vernes Chevalier Sanders We Mills Technicolor Don IN Mathmagic National General Pictures Mmlon Ina Balin Victor French Barbara Werle Solomon Sturgh Clint Eastwood Ant Eastwood Shirley Maclaine Sister Sara Sal HO PaNawision Marvin Schwart Jim Uel Brown Welch Burt Reynolds Bruce Dean Chris Robinson KCOW COLRA Jack & Bill's Oran D. Whitten Oil CO Atlantic Richfield Company Dist Slacleir Products Phillip A. Pearce Arco Local Meneger Une Petroleum Products
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