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Lubbock Avalanche-Journal from Lubbock, Texas • Page 6

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Lubbock, Texas
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6
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I ROPOSED oil museum planned in the Midland-Odessa area will feature a "Mall of Rigs" display containing full sized drilling equipment Iram various drilling eras. The museum has been offered a major collection quipmcnt as is snown the above sketch. At right, George T. Abell and John P. Butler look over preliminaiy sketches of major exhibits for the Permian Basin Museum, Library, and Hall of Fame Abcll (left), is an independent oil producer in Midland.

Butler is hoard chairman of Midland's First National Bank. Respectively, they hrad the museum's trustees and executors. PREDiariONS AJfJK BKING heard that offshore areas will he producing from per cent of the world's petroleum within 10 years. Despite the current atmosphere of disrepute due lo pollution by spills, offshore drilling is growing rapidly. Offshore fields currently are producing 7,000,000 barrels daily.

This is approximately 17 per cent of total world output. It represents a 175 per cent increase over four years ago. The number of offshore mobile rigs has increased from 123 to 197 units in the last four years. This docs not include fixed platforms. Most offshore exploration currently is along the Continental Shelf, which makes up approximately eight per cent of the oceanic area of the world.

The total combined length of continental terraces is 200,000 miles, according to the "Oil Gas Journal." "Their total area is 25 to WESTBROOK million square miles or about one-half of the world's land, that publication ONE 3 ACTOR- which tends to hold down offshore drilling is the expense involved. Investment in offshore programs now exceeds SI billion per year. One consultant estimates offshore investment will amount to at least $30 billion over the next decade. Most large investments for this source of production originates in the United States, according to M. M.

Pencil, managing director of British Petroleum Exploration Co. About 75 per cent of all exploration and production investments have centered in the U.S. and Canada, "nearly all by American companies," Penell says. Of the remaining 25 per cent, U.S. substantial amount.

companies provided a Most physical work on offshore operations also came from U.S. sources since nearly all of it was contracted out to American firms using U.S. equipment, the "Oil and Gas Journal" says. The publication adds, "Britain, France, and Japan will augment U.S. capital as the search spreads, but in all probability, American coffers must continue to provide the bulk of the outlays." THK TVHCAL OI-TSIIORE in 100 feet of water requires about three times much money to develop as a field onshore.

One in BOO feet of water can cost six times as much, and the reservoirs beneath 1,000 feet of water cost 12 times more. Anolher limiting factor in the growth of offshore exploration is in the technical difficulties encountered in great depths. However, researchers have kept abreast of most of the increasingly demanding needs. Subsurface diving techniques and equipment, submarine production facilities, and submerged storage farms already in use would have sucmcd virtually impossible 10 years ago, the Journal notes. John D.

Moody, senior vice president of Mobil, believes there will bo a doubling of offshore oil production by 1980. It coulci hit 20 million barrels per day, 35 per cent of free-world production. M. Yves La Prairie, director of France's National Center for Exploitation of the Oceans, places the daily output from offshore fields by at 40 million barrels. This would be approximately 40 per cent of total world production.

Oil Spills Topic At Conference The use of coated fabrics fot emergency oil spill control and for collecting underwater seepage will be the subject of a technical paper to be delivered at the Second Annual Offshore Technology Conference, April at the Albert Thomas Convention and Exhibit Center in Houston. The coatcd-fabric technique if controlling underwater oil eaks will be discussed during a session on 'Chemicals" scheduled for Wednesday afternoon, April 22. The reaper, entitled "The Use of Coated Fabrics in Containment of Petroleum," will be delivered Richard T. a i Coated Fabrics South Gate, and Edward Si. Headriek.

The authors will outline the installation of large coated fabric tents called "FABRI-DOMES" the Santa Barbara Channel following the oil spill early last year. The subsequent use of similar tent structures to control underwater oil seepage in the channel will also be reviewed. In addition to covering the situation the Santa Barbara Channel, the authors will also document he historical development of coated fabrics for offshore uses. New systems currently being developed to aid in the control of spills will also be arge oil liscussed. Another paper programmed 'or the Chemicals session will delve into the possible future use if marine nlgac.

BY 1C A SALS CHIEF Australian Geologists Urged To Be Versatile SYDNEY, Australia (Special) Director Frank B. Consclman of Texas Tech's International Center for Arid and Semi-Arid Land Studies suggested Australian petroleum geologists recently that they take a lesson in survival from the duck-billed platypus. The times. Dr. Conselman said, call for the versatility the platypus has shown to survive by change, and this "is what international geology is about." Conselman, immediate past tial." president of Ihe A i a Association of Petroleum Geologists, was the keynote speaker for the A a I i a Petroleum Exploration reserves in North Africa; in- as Conselman called for ternational communications well as agreement among petroleum geologists and nations.

"The evolving economic geography of the world will soon make petroleum a matter of essential international agreement," he explained, "because it is too critically important a commodity to neglect in any appraisal of a nation's industrial, economic and strategic polcn- Hc said the balance of world competition in petroleum has been changed by number of things: 1) the development of lion's annual meeting in Syrlncy. He addressed the meeting on Implications of Petroleum Geology." The science of petroleum geology is now so well advanced, he said, that working limits almost completely independent of international boundaries. "The only exceptions arise when geological factors have themselves been responsible for the establishment of those international limits or when politics intervene," he said. Geology repeats itself not only in time but doctrine ot In space, and the 'uniform ilarlanism' applies'horizontally well'as Lessons len.rned in arc exportable to newer terrains, Conselman said, and the classic exposures ol one nation nro of great value in In- vcrtlcally. one-area terprcling another.

(he geology of 21 the development of reserves of great potential in west coastal offshore- Africa, particularly in Nigeria and Caninda; 3i development in the Netherlands and in the North Seas; discoveries on tho North Slope of Alaska and in the Canadian Arctic; and 5) Australia's emergence in the last decade as a major supplier of crude oil. "Each of these major finds has had international ramifications," said Conselman, "because wc have a world market which derives its energy supplies from many Interlocking sources. "We stiil have a buyer's market, and while this may not Inst for too many more years," airl Consclmari, "all suppliers would do well to realixe that no single source of oil is in a posi lion lo attempt economic screw- turning or excessive political pressure." Firm Announces Retirement Of Veteran Oilmah DUNCAN. Okla. Harry P.

Conroy, (Special) chairman of the board of a I 1 i I -Services, retired after '12- year career with tho technical oil field services organization. A member Halliburton HALL OF RIGS SET West Texans Plan Basin Oil Museum A group of West Texans, some in the oil business and some not have dreamed up an oil museum project of a size comparable to the jackrabbits that scamper around their real estate. What's more, they mny well bring it off. The project calls for puttin; up a million building in the Midland-Odessa area, equipping it with a stunning array of exhibits of about equal cost, and kicking it off with the backing a $2 million endowment-contingency fund. Among the building's features would be a great "Hall of Rigs," which would house full-sixe samples of drilling machinery- some in simulated operation.

A "Theatre-in-the-Ground" wouk project automated fade in-fade out pictures Into a pit below level. The museum would have a heavy collection of exhibits dealing with geology and paleontology and others showing the economic impact of the industry on the U.S. as well as many other topics. Also housed in the building would an unusual "Hall of Fame" which would use special lighting system to pull out of a darkened room the individual stories of a selected group who have influenced the development of oil in the area. A library on oil history vould complete the project, firant Called the Permian Basin 'ctrolcum Museum, Library, inrl Hall of Fame PBPM, for short the project already has a 5500,000 grant from he Abell-Hanger Foundation of Iidland and several smaller donations even though solicita- ion of gifts hasn't started.

jeneral fund-raising will start his Spring, with jrround-hrcak- scheduled in 1971. Leaders of tho project arc P. Butler, chairman of First National Bank, mtl Gc-orgi? T. Abcll, in- lepcndent oil operator who also ivcs in Midland. Butler heads he project's 40-man of executors and Abell its smaller ward of trustees.

Membership on the boards is widely riispcrs- ri throughout, the "Permian Basin," the heavily i 1 o- litclivc portion of West Texas ind southeastern New Mexico. To help get the project hrough the planning siatre and nto reality, the two hoards last year hired Homer Fort, as executive vice president. Fort, a Jnivprsily of Texas graduate, me to the job from New York where he had been manager of Mobil Oil's public, relations lepartment. Earlier ho hud been ruiblin relations manager for the now-merged Magnolia Pelroloum Co. in Dallas.

Science-House of Manchester, was picked for the pro- TO COMPANY STOCKHOLDERS Possible Natural Gas Supply Shortage Shown In Reports By MAX HOUSTON tial natural age figures prominently in an- il. SKKLTOX (AP) A poten- gas supply short- nual reports now being received by stockholders of major oil companies and interstate gas transmission firms. Tenneno, Inc. stockholders have been advised that increased incentives are sorely needed by producer, pipeliner, and distributor if the industry is to keep pace with the mushrooming demand for natural gas in the market place. James B.

Henderson, president of the Transcontinental Gas Pipe Line said in his report one of the incipnl difficulties in supplying the needs of customers for additional supplies of gas is the scarcity of available new gas reserves. Texaco, Inc. officials said Improved prices are essential if; the almost certain future short-j ages of natural gas are to be averted. Stockholders of both Tcnncco' and Texaco were told, however, that the federal power commission has indicated in recent months an awareness of a need for stronger incentives to search new reserves. The commission (he wellhead price of gas sold into interstate commerce.

The Tcnncco report said inflation and restrictive regulation have seriously eroded profits in the natural gas Industry Ihe last decade anti have created the need for improved In-j centivcs. "The five the present federal power com- "The federal Power Commission, after being warned for years of the impending shortage of natural gas which would result from artificially low prices, is now beginning to examine its natural gas pricing policies." The Texaco executives said improvement of prices that have remained stable for too long is urgently needed to stimulate natural gas exploration and production and early most efforts certain thereby to reduce "Moderate future price permit the al- shortages. increases now can help reduce this future shortage that otherwise could push natural gas prices to prohibitive levels," they snid. Proved domestic natural gas reserves declined the first time history in 10158, a trend that is expected to continue in the yet to be released reports on 1969 operations. Henderson, however, said proved gas reserves offshore from Louisiana and Texas are small in comparison to the potential reserves thought to be in that area.

"There are large areas offshore Louisiana and Texas which have not been offered for lease by federal and state agencies," Henderson said. I'AGK IO-A, UJRROCK, TEXAS SUNDAY, MARCH Sit, 1070 LOW PRICES Hit Demand Noiv Affecting Gas I'Y A. (IOOOI.VK TULSA (UPU The rule AGA and of the In- () Ga.s Kays by IfWO, all r-ommUeinnPi-Q anti demand is hlltinc thejthe will "linvt- no commissioners 1IlUl( ilKJUSlry j(ISI a5 to go unless transmission hard the super market or able- in build MI. mission have recently shown in- 1 creasing awareness of 1his! clotlhl sl of new line need." the Tenneco report "This is a hopeful BiKn. but'' 1 ul lo ul much remains to be done if the xvhllc olhrr be," says Butler.

"It's prettv evident that more has to be clone to get the public understanding the industry needs. We won't propagandise but will present facts that haven't gotten over. Why not build the museum in the north or some other area less well-informed on oil than Texas and New Mexico "Don't exaggerate southwesterners know. There are a lot of people hero now who grew up in cities or elsewhere in the U.S. that know or nothing of oil.

Furthermore, we intend to promote (he museum in other states," comments George Abell. Special Tours Planned The project also aims at working closely with the area's public schools in their science pro grams, attracting thousands students yearly with special tours, demonstrations and lectures. Thought has also gone into ways In which the museum can serve tho hundreds of oil company professional and technical people in the Midland- Odessa area. When the PBPM was Incorporated in Texas nonprofit corporation. 53fi people many cities throughout the state signed the petition for the charter.

It has a dozen committees advising on exhibits. Last December Wallace Pratt, the almost legendary geologist who in years past headed Standard Oil of New Jersey's worldwide exploration efforts, spoke at a PBPM dinner honoring electees to the organization's l-fall of Fame. He said: "It Is my conviction that no other oil-producing community could create a more appropriate, a more adequate ictroleum museum and library ban will be brought into being in Midland." Taking Into account all those interested, all those in the organization, and the fact that the oil industry has received more than its share of lumps in the past year, Pratt 's cn- courngcmenl may be justified. bring in ITrtt jiov a co cha live ofl ndustry tunity and re re a so a 1" courage lift 1 1 1 1 1 I 1 1 1 the natic "A I or tn Oust could ic pa rod fi row, It An! Ron NEW coopernt by 11 pe compani nuto e.vh blcm has the end The I Control launched Lo have if owe ver Ctommitt thai cornpi 3f a se icickagcs cmission- Willlarr lilt oil president Uroup. VJL virn.ij/1; Tiise in ihc obie ind in he jjflso emission "Howe' are cxtc allow mo csts, se ind diret impro THE OIL PATCH commission is to translate this awareness into action that, will desired results." J.

Howard Rambin, Tex- and chief execu- and Marion J. president, said the under laws' regulations thut provide' jlc incentive ami rn- growth if it is to meet turcrs, producers ihinki i with manufac-j economy. reserves Ihiit natural dropping. a States producers just can't mcotj the market demand, or the jwith. As ra! ll1 producers arc concerned; Short Course Scheduled On Tech Campus The sevpnteenth Southwestern EVtrr.k-um Short Course Tex- hrid April energy demands oft jHichfipId executive of Co.

told ci will i 2 I I ti Allantki rt( nHl! ilti climate of C()ntinuecl un iof natural week, the gas processors United S5ate certainty results in delays in in.j!? lm commitmlnts leave the and ill-p Extension Of Auto Exhaust Research Set YORK (Special) A Live research program by 11 petroleum and automotive to eliminate emissions as a problem has been extended through of 1370. Inter-Industry Emission (IIEC) program, in 1967, originally was by this April, the IIEC Advisory series of ''concept or combinations of -control devices, D. Innes, Ford vice Manufacturing said the- IIEC has several concept 5 that "show great pro- meeting or exceeding ictives of the program hastening the day when gasoline engine is virtually free." ver," he added, "we nding the program to ire time to complete our lect thr best devices, a final research effort durability of out df natural the incentive lo find it. O. P.

Thomas, chairman "JAllnntic's executive- commit lev i says IIP SPOS an unproved Jstruclurc fur natural gas as in jevitiiblr. fit-cent favorable 'tion by Ihe Power (mission (KIT) is considered an encouraging sicn by the New York executive. Thomas doesn't see a yj reason the consumer should not) pay higher prices for natural! gns jus I ns he has had to higher prices for fond rent Other needs. He adds the jntlustiv Insli 1 ic completion reservoir OJTI; I ho devices." with drilling of oil just' 1 llt srtifirifi! systems, leasing facility scale nnd control, three presentations listed in r.f-r.il interest" category An I a of pro.vinviiriy -ifX) ipectod, according J. P.cnf;<> of the Midland offices Allan- tic Richfield, general chairman that incentive Vn lino 1 now sources.

Ho says it has lieen Stifled by continuing low prices despite the increase in dt There IK no question, hut what demand has in sharply. year's scliMhslc of Irt- nfid is one ic host since, this short course was Instituted in 3953." Snld Gerald K. Talkington nf Odessa, program chairman. T.ilkington is with Gulf Oii. The short course is xponsorrd jhy the iwl.mlcum industry Texas in cooperation with i tho Department of Petroleum Engineering at Texas Tech.

Prof. L. DuckPi from year and commnicial sales 8.8 per cent while ctr sales increased per cent. Thomas In no uncertain terms. ns chairman with Dunne also of Kncineermj; jmenl, iis The short morning of April 6 with Because of the almost m- general briefing session in the satiable demand for energy.

itj Union Grand Ballroom says, the will have iw ilh Ronfrr) A stcak job to do to bring forth the rc.j| uncht on will held noon quired quantities of gas. The nr. Grover K. Tc, current tight availnWHty sttvmt- president; and Dr. John ion can be solved in only of the CollcL-e of way through providing ini.ennj; at Tech.

will centivc to search for The association al.so atrrors the resource of nntornl is far from rtf plotrd. Tho money situation is the bite. The industry is feeling and offers statistics to bnt-k up its claims. Heinry. pn-siciont of participate in luncheon pro- pram whkh will ho highlighted by presentation of service awaitis tbo J.

C. lo "recognize those individuals who have a outstanding contributions Ui thr technolouy of pro- exhibits consulting Architects will be Houston. Interpret I vr Planners of the museum project see it. as doing a necessary interpretive job on the industry. "We inlend lo show the oil business the way it was, the way it is, and the way it hopes to Services' manngemcnt group at its Duncan gftieral offices for more than '2(1 yfars, Conroy resigned last month as a dirnc-jGoodwin Flamignn, tor of the parent Halliburton Co.

The executive joined the company as an equipment operator. He worked his up through the ranks in Texas, Louisiana, Illinois and Indiana oil fields before moving to Duncan in 1947. Conroy is a member of several organizations within the oil industry, serving as an officer and member of various committees. He also is a graduate of Harvard University's Advanced Management Program. A member of the Oklahoma State Regents for Higher Education since 1HH5 nnt! the current chairman, Oonrny has been nc- llve in developing the Halliburton Education Foundation, which distributes some 5150,000 annually Southwestern colleges and universities.

work. Pierce, of Robber Shows Consideration ST. IjOUIS (AP) When a holdup nets $1,000, it's not hard for thc bandit to show his victim some consideration. Mrs. Max Sofian told that a man who robbed her store Friday first made sure she would he able to got out of a walk-in cooler before ho shut her inside and madn his getaway.

"My mi If! IMS 'grins'(o Sherman tnnk If I didn't, Jriirlnc up in.V pickup, hut didn't take. Jilm By Gordon I Jan Us I on The rourse is a "mutual effort" of the petroleum industry of the and Tech's Petroleum Engineering Department, Rcnfro said, to provide "adequate instruction permanent record of; technological advances in' petroleum production through the facilities of annual meetings and publications of the pro- cecdings of such conferences." The course is devoted to the technology of petroleum production. The conference was instituted as the West Texas Oil Lifting Short Couj-se. At the llth con- ference the name was changed to Southwestern Petroleum Short Course to reflect thr increase in "drptJi and scope of technical content" of (he course, Members of tho Iwarri of directors arc Johnson, Robert H. Gauit of Midland, Bethlehem Steel supply division; Robert.

Drake Jr. of Midland, Atlantic Richfield; D. An- derson of.Dalias, Lone Siar Pro- ducing A. K. Cox of Amarillo CHI Ray Diekemper of Lubbock, in- dependent oilman; J.

W. Grayb- eal of Midland, and A. A. Hard of Tulsa, consulting engineers- Marshall W. Keathlcy of Midland, Fores Oil Wallace B.

Johnson of. Dallas' Productions Profits Dr. Norman Lament of Dallas Tex- as Pacific Oil Nca 1 McCaskill of Midland, Atlantic Richfield; Sherman Norton of Uihbock, Sillon norfun Drill- ng flc L. Ward of fouslon, Plastic Applicators, and T. Coleman WIHinms of Rrownlieltf, American Pctrolruni Corp..

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About Lubbock Avalanche-Journal Archive

Pages Available:
420,456
Years Available:
1927-1977