Wildcatters fortunes rise and fall in oil saga
The article highlights famed wildcatters like Columbus Marion Joiner Michael Benedum and D H Byrd, noting Joiner died broke after vast drilling investments Benedum survived a seven year dry spell before striking Yates Field with 1 million barrel potential and Byrd earned his nickname after 56 dry wells. It discusses high costs of drilling including 5.9 million for a North Slope well and cites 60 wells per success, plus tax incentives like depletion that shape domestic oil policy.
MENTIONED IN THIS ARTICLE
Washington
Columbus Marion
Dad) Joiner
East Texas
Dad Joiner
Michael L. Benedum
Transcontinental Oil Company
Benedum
Yates
Pecos County
Texas
D.H
Courthouse records list oil leases across multiple tracts
Courthouse records show leases by Jerry Covington to Atlantic Richfield on 640 acres in Sec 68 and other tracts with 5 year terms at 1 dollar rent, including numerous transfers involving Mildred Williams Roark, Tom E. Johnson, Cities Service, and many others across Secs 1 20 27 29 31 40 53 75 in PSL HAGN T&P and other surveys, noting rents of 1.00 per year and various royalty terms.
MENTIONED IN THIS ARTICLE
Jerry Covington
Atlantic Richfield Co
W. N. Holder
Mildred Williams Roark
Tom E. Johnson
T&p
Ft. Worth Nat'l Bank
Cities Service Oil Co
Margaret Brewster
H. R. Harris
Francis B. Brown
T-S
Eugue Thotland
Et al
Jesse W. Bush
R. H. Matthes
J. George Ross, Jr
American Quasar Petroleum Co
Scripps College
Alfred W. Pauquette
Ethel V. Tyler
Pannzoil Co
John Hancock Mutual Life Ins. Co
Chalfant, Magee & Hansen, Inc
Andrew D. Hedblom
Ernest Angelo, Jr
Texas Pythian Home, Inc
Rig activity up over last week in New Mexico and Texas
Oil rig activity rose from the prior week with Eddy County leading Southeast New Mexico at 38 rigs, up four from two weeks ago. Pecos County topped West Texas with 26 rigs as county counts are listed for Andrews, Borden, Chaves, Cochran, Coke, Concho, Crane, Crockett, Culberson and Dawson with varying changes.
MENTIONED IN THIS ARTICLE
Permian Basin
West
Texas
New Mexico
Reed Drilling Equipment
Eddy County
Pecos County
West Texas
Andrews
Borden
Chaves
Cochran
Coke
Concho
Crane
Crockett
Culberson
Dawson
Dorr to testify before committee on petroleum policy
John R. Dorr of the Permian Basin Petroleum Association told the Executive Committee plans to testify before the Senate Commerce Committee in October or November. He outlined three Washington trips this year on crude oil prices natural gas deregulation and tax practices and said written testimony would be submitted due to no time slot yet assigned. He urged total deregulation as the only final solution to the domestic energy shortage and urged continued spending on drilling new wells to keep the industry independent.
MENTIONED IN THIS ARTICLE
Washington, D.C
Permian Basin Petroleum Association
John R. Dorr
Pecos
Executive Committee
Senate Commerce Committee
Dorr
PBPA
FPC
Joseph C. Schwidler
Lee C. White
Ralph Nader
Will Proxmire
Ted Kennedy
United States
Realistic campus shift as students chase jobs and grades
Across the nation, college students pursue practical goals, chasing good grades and future employment while universities trim costs. Administrators cite tighter funding, with enrollments down and programs cut. ROTC returns to campuses, social life shifts toward beer and dating, and private colleges boost recruitment as public schools attract more applicants.
MENTIONED IN THIS ARTICLE
Terry Ryan
Associated Press
Boston
Berkeley
Robert Anderson
Drake University
Iowa
Marshall University
Hunteington
W. Va
San Francisco State College
Ellie Holt
Canisius College
Miami University
San Francisco State
University of Michigan
Robert Baram
Boston University
Hofstra University
Bobby Anderson
Surety bonds boost Southwest contract values, SBA report
Dallas AP reports that small contracting firms in the Southwest saw a 144 percent rise in contract dollar value due to SBA guaranteed surety bonds, with nationwide firms obtaining three times as many contracts as the prior year. The SBA pilot program, adopted nationwide in September 1971, broadened opportunities by easing competition limits on certain jobs.
MENTIONED IN THIS ARTICLE
Dallas AP
Southwest
Small Business Administration
Fred S. Neumann
Region VI
New Mexico
Texas
Louisiana
Oklahoma
Arkansas
Neumann
SBA
Also Mentioned on This Page
Petroleum Today
U.S
Alaska
Courthouse Records
A. G. McCarver
Continental Oil Co
R. P. Altman
M. A. Grisham, Et al
Stanley
Beard
A. H. Tandy
Balmorhea Ranches, Inc
Chalfant, Magee
Florence Burchard Pollitt
Lone Star
Don L. Bradshaw
Ann Yeager
Dickens Ector
Eddy
Edwards Fisher Gaines Garza Hale Hockley Howard Irion
Kent Lea
Loving Martin
Midland Mitchell Pecos
Reagan Reeves Roosevelt Runners
Schleicher Sterling Stonewall Sutton
Terry Tom Green Upton
Val Verde Ward
Winkler
Yoakum
Gordon Bankston
University of Kentucky
University of Wisconsin
Reserve Officer Training Corps
Wisconsin
Harvard Provision Co
Camebridge
Kent State
Scott Anderson
Linton Thorn
Hofatia University
Long Island
N.Y
Louisiana State University
University of Arizona
Stephen J. Trachtenberg
Barbara Hoffman
Yale
Bradley Graham
Henry King Stanford
Cano
Drake
S. Now
Pat
SFU Tassev
Vlads
Bartlett Pears
Arge
Washington Town
Haddock
Safewa Discount
Sali
Jerald Ts
Town House
SAVER
Melrose Soda
Dixie
Cole Slaw
Safeway
Ova Y
Usda Choice
Chuck Roast
Scott
Super Agia
Gleem
USDA
Wrauery
Bel-Air
Ayaa
Tree Top Family
Lucerne
Mrs. Wright
Bel-Air Pepperon
Safeway Stores, Incorporated
Mac & Cheese
Sara Lee
Pecos Safeway
S. Eddy
Betty Crocker
Tray
Green Giant Canned Foods
Co Dbe
Safeway Hills
Town House Family Treat
Piedmont
Ucerne
Nis
Wvityay
Hills Coffee
Otto Zi
Illinois
Crestwood
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