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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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