Housing permits rebound signals coming housing boom
A sharp rise in housing permits suggests the long forecast boom in residential construction may have begun. Permits rose to 112 percent of the 1957-59 average by August, with a projected 1.7 million annual rate in 1971 as mortgage money loosens and backlogs clear. Mobile homes buyable and financing friendly. The industry sees demand and starts to turn, despite earlier recession and high rates.
MENTIONED IN THIS ARTICLE
New York
F.W. Dage
National Association of Home Builders
Old Castle Restored and Gas Well Developments Reported
A 16th century Scottish Inchdrewer Castle near Banffshire is being restored by Robin de la Lanne Mirrlees to include glass electricity and running water. In Texas Texaco drills at 16 970 feet in shale near Fort Stockton while Barstow gas pool in Ward County yields 4 million cu ft daily for six hours at No 5 Barstow Unit. Recovery used 10 000 gallons acid and nitrogen, with 260 barrels recovered before flow ceased.
MENTIONED IN THIS ARTICLE
London
Badenoch
Robin de la Lanne Mirrlees
Scotland
Inchdrewer
Banffshire
Mirrlees
Barstow
Fusselman
South Ward County
H&tc Survey
No. 1 Myrtle Cato Mendel Estate Drilling Update
Sams Oil Corporation reports No. 1 Myrtle Cato Mendel Estate is drilling below 13,058 shale in the west lines of section 1, block 49, T-10, T&P survey, about 17 miles west and slightly north of Fort Stockton.
MENTIONED IN THIS ARTICLE
Sams Oil Corporation No
Myrtle Cato Mendel Estate
T&p Survey
Fort Stockton
Ralph Lowe Estates
University
USL
Williams B. Wilson
McDonald
H&gn Survey
Girvin
Perry R. Bass
Mary Emmons
Chevron Oil Co
Wright Hinshaw submits University No 1 Uranium? 34 mile outpost oil claim
Wright and Hinshaw of Midland filed an application to drill No 1 University a 34 mile north outpost for the Dorvene Yates oil field in Ward County three miles west of Wicket. The drillsite lies 1,980 feet from south and 660 feet from east lines of section 20 block 16 ALL. The opener pumped 92 barrels of 20 gravity oil daily with 23 barrels of water through perforations at 2947 to 2951 feet. Offsets east south and northwest have been plugged. Apache No 1 Elsinore Ranch is at 15 965 feet. No 1 Fountain Gulf No 1 Fountain Gas Unit is at 21 595 feet in dolomite.
MENTIONED IN THIS ARTICLE
Humble Oil & Refining Co
Humble Fee
Ellenburger
Tc&rr
Fort Stockton
Wright & Hinshaw
Midland
Onewell Dorvene
Yates
Ward County
Wicket
No. 1-C University
No. 1 Universit
Gulf Oil Corp
Fountain Gas
T&stl
Jack Frost
San Antonio
Montoya
Waha
Reeves County
Pyote
Mallard Exploration, Inc
Texas
Pecos
Texas Oil & Gas Corp
Arco
Pecos County
Wolfcamp
Horion
Tippett
Southfield
McCamey
H&gn
Delaware Basin oil round up with multiple drillings
Purvis Stewart and Dickson from Midland filed to drill No 1 L LA Weinacht an 8000 foot test in Reeves County near Balmorhea. Estate of Jack Frost from San Antonio filed to drill No 1 offset in the Waha field in Reeves. Shell No 3 Rape in Reeves flowed 217 barrels oil and 102 barrels water in 15 hours from the 6005 to 6013 feet zone, with prior tests and a bridge plug isolating upper zones. Sun Oil No 1 A James Neal in Reeves drills below 22150 feet in dolomite 13 miles northwest of Fort Stockton.
Oil Prospect List Spurs Texas Energy Activity
A flood of drilling notices reports multiple wells in Pecos, Reeves, and surrounding counties. Projects include Williams McDonald and No 1-1 Tubb Unit near Girvin, Mal lard Exploration at Greasewood, and Phillips No 1-CC Williams near Fort Stockton, with depths up to 22,756 feet and flows around 600,000 cubic feet daily in Wolfcamp prospects.
Also Mentioned on This Page
Business Mirror
John Cunniff
Roy Girvin
Brown & Thorp
Earth Resources Co
Tom
J.R. Bennett
Texaco Inc
J.R. Bennett Gas Unit
By Curtis Theron Williams
South Cedar Pecos
Moses
Enterprise
Myrtle Cato Mendel
C University
Elsinore
Apache Corp
Elsinore Ranch
Gc&sf
Delaware Basin
L.A
Purvis, Stewart & Dickson
Reeves
Balmorhea
Barilla
Shell Oil Co
Delaware
West
A James Neal
Sun Oil Co
James Neal
TCRR
Dickinson
Getty Oil Co
Roy £. Kimse
Crittenden Field
Kermit
Piper
George T. Abell
J.C. B
Clearford
Imperial
State of Texas
Texas Oil & Gas Corp. of
Pecos Valley
Spots
H&tc
Hunt Oil Co
Eaton
Williams
Phillips Petroleum Corp. No
CC Williams
Gc&sf Survey
Rooney
Phillips No
Fort Stockon
Cabot Corp. and
Kennedy Ranch
J.O. Neal
Atlantic Richfield Co
J. O. Neal
Blackstone
Stockton
Coyanosa
Rand
David
Selznicks
Margaret Mitchells
Vee
Clark Gable
Vivien Leigh Leslie Howard
Olivia de Havilland
Ma Academ Aware
Wetrocular
MGM
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