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Newspaper
Sidney Telegraph
Location
Sidney, Nebraska, United States of America
Date
Oct 16, 1951
Page
2
The Gas Appliance Manufacturers Association reports 7,618 miles of new pipelines planned in 1951 at over 630 million dollars. An additional 15,866 miles are pending before the Federal Power Commission, costing about 943.64 million. The expansive program aims to meet rising demand for petroleum energy and products.
Laboratory research shows radioactivity can convert organic matter into petroleum hydrocarbons. Under natural conditions this may take up to 100 million years, but in the lab changes occur in about three weeks with radon or in one hour with cyclotron particles. Further research is needed to assess commercial viability.
Frank M. Porter of the American Petroleum Institute recalls Oil Progress Week started in 1947 and expanded into a nationwide effort. He notes early skepticism gave way to united participation, with tens of thousands of oil men involved and a strengthened message that privately managed oil serves America amid growing threats to institutions.
Millard K. Neptune, president of The Platte Pipe Line Co, a veteran petroleum figure, will speak at Sidney’s second annual Oil Progress Week observance Thursday night. A legal engineer and longtime industry executive, Neptune held roles from assistant manager in Venezuela to president of the 1072 mile Worland to Wood River pipeline project. He has affiliations with the Oklahoma Bar, AIME, and petroleum geologists groups.
Two new chemicals derived from vegetable and animal fats will be pumped underground to boost oil recovery. Water flooding leaves 25 to 50 percent in place. additives in minute quantities to water are claimed to improve extraction. Large-scale experiments are planned soon in the southwest.
A novel testing instrument from an oil company measures ultra-thin lubricant films under pressures up to 250000 psi between metal bearings. The development promises better lubricants and products for Americans. Since 1945, oil consumption rose from 1.8 to 2.4 billion barrels annually, with no major shortages expected barring war. Texas has been the nation’s largest oil producer since 1928.
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