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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
May 07, 1975
Page
14
The article outlines the Petroleum Engineer role in energy strategy, detailing three specializations drilling, production, and reservoir. It explains drilling engineers design and complete wells, production engineers manage surface facilities and artificial lift, and reservoir engineers optimize recovery from the entire reservoir.
Continental Oil Company observed its centennial with a Pecos event on April 12 at the Pecos Country Club attended by 123 people from Conoco's exploration production and gas departments. Guests from Houston and Midland joined managers Gary Commun and Kelly Turner in the festivities. The piece notes Conoco's history from its Rocky Mountain origins, growth in West Texas since the Marland Oil era, and its broad international operations.
John Pitts argues depletion is a legitimate capital recovery mechanism that stimulates exploration and investment in oil and gas. He claims depletion lowers consumer costs, funds independent oilmen, and is not a loophole but a standard practice used across minerals. He questions political opposition and portrays critics as promoting punitive policies.
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