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The Shreveport Journal from Shreveport, Louisiana • 15

Location:
Shreveport, Louisiana
Issue Date:
Page:
15
Extracted Article Text (OCR)

rr4464440440 4040 40-4ok I TODAY'S NEWS TODAY-IVITII TODAY'S PICTURES THE SHREVEPORT JOURNAL tRIDAY MARCH 27 1939 A FIFTEEN "If Neto'cV410-36 LATEST OIL AND GAS NEWS Five Tests Harold Optimist mist Head Makes Plea for Youth Program New Pettit Lime Oil Indicated in Bossier Pay Find Wildcat rwto" 10777371K70010430 059:: 1 1r 4 1 Itiir'('61 i-: try Afar 7 4 au li -I' w'''''' 7A r''' est it' 1 1'1 ''N' 1' A) A t- I I l''''' 4 '''''0I'' rf -J le: "i 4i: 5 it vv': "tc' 1 i 4 itt 1- 1: I 5: i 0 -'ii 4 iz: ''1 i :1 --t 4 -) gl ::1 1 5 lii' 1 )1i I' 7 oo-'! 0 0 r': 7:: i '1 1 2 -1- 47 i-: 'i- li' i- ---i-'i '''-it 1' )s- t') -2 A 1 4 1 kii'' 'K A i 4- 'i v- I A i 4 1'4 446u- kaftei1540xt) Reemes of Pine Bluff Ark Optimist district governor: John Meyer club president Mrs Wilkins and Smith club vice president Wilkins spoke before the club at noon at the Captain Shreve Hotel (Journal Staff Photo by Jack Barham) Harold Wilkins of Memphis Tenn president of Optimist International told the Shreveport Optimist Club today that Optimists believe the Democratic way of life will win Unless there had been optimists there might not have been a free American colony established in New England by the Pilgrims he anufacturihg a id Optimists were present at Valley Forge Otherwise George irm to et Up Washington and his "motley" crew of patriots would have lost to tyranny he continued Greeted at Airport lin Gladewater Wilkins arrived by plane this i morning on a tour of clubs lie was i introduced at the luncheon for club! Operation Will wives and piddle officials at the Supply Ready Mix Captain Shreve Hotel by John Meyer president of the local clot) Concrete Asphalt Coming to Shreveport to greet i the international president was i i GLADEIVATER A Phil lteemes of l'ine Bluff Ark district governor who along with Linden Tex man announced i It smith club vice-president recently that he will estab- greeted Wilkins at the airport The "fl" a ready-mix concrete and citys official greeting was made by Mayor Clyde Font tN manufacturing fNh a within the 1 The president of the chain of he i ac an rt clubs which work largely i future youth told the club that most cities and communities are woefully he- Langley in the contracting hind in providing adquate recre- i business in Linden said the Glade- ational facilities for youth 1 water firm will make concrete "The pent-up energies of mod- and asphalt will serve as a sup- er youth are coming out some- plier for these materials and will I where We can rest assured of contract for road and street repair th and construction jobs at If we do not provide whole-1 some channels for those energies i The operation he said would be then those energies will come out I housed in the old Spencer-Harris through bad channels It is up to i buildings Ile said negotiations for us to provide the good channels lease of the property and i We can provide ourselves with lux- the St railroad are still in prog- ury automobiles television and all i ess but that he would start mov- the gadgets of modern living but I ho i ng his machinery to Gladewater we often let our youth t-- next week Ile estimated that mov- crumbs that fall from our table' 1 and 114 i installation of the equip- 1Vilkins said next week He estimated that moving and installation of the GREETED Al' Ilarold Wilkins of Memphis Tenn president of Optimist International fourth from left is greeted at the Greater Shreveport Municipal Airport today on his arrival for an official visit to the Shreveport club Others in the picture are left to right Phil In Oil LPG Injection Results Encourage Oil Industry TULSA oil industry is encouraged by early results of its newest method of oil recovery injection of liquefied petroleum gas (LPG) to help sweep additional oil from reluctant Is the LPG slug method This formations I technique was chosen tor 24 fields An indicated new Pettit lime oil discovery about 112 miles east of abandoned production ill the Elm GrOve field in Bossier Parish was waiting on tanks for running a potential gauge to highlight exploratory drilling activity in the Shreveport district of the state Department of Conser! the Lisbon field to drill a 10800-foot i vation (luring the past week1 So(3ee'keivehre ir Ittlille CoPrttr of Delaware et I Also during the week locations ull for I bree new exploratory tests of fraetional 50-23N-of oil- were spotted i the I Ire lei tat 111PMi11y Lincoln and Webster eservoir Parishes Five exploratory tests! I's miles east of Pettit lime producWere abandoned ''zis failures in the 1 to1110e 111 ntrl le efl 1 ta Yonte hityhit7Nien efsiveg attoid d7rpli diStriC7 three of them in Caddt) 1 an 11000-toot Smackover lime test Parish and (me each in Webster siliicklit'a LINCOLN Storage Unit Seen 1 and Winn Parishes Feasel Interests et al No 1 Rinehart east of SF NW 36-19N-IW As Nation Largest cox and Walker y''re waiting on about three miles south and slightly west Of ownyd ee le thr notes north a nks to run opleti we on tests or producton i in the Tremont field Upon Compl tetion the new Flossier Parish pay opener I iityrit4" miles southeast of production 4 Unionville field drilling below at the No I Ella Dee Horton CI41908 feet HOUSTON NE SE 1146N-11 an old hole I what is expected to become tho ahandone-I on June 5 1957 by 13W about 212 nines north and sogtolty largest single underground storagt 1liltrI1 Crow Inc et at after drill- reservoir for liquefied petroleun ix' to 6006 feet slightly south of production in the gas (LPG) in the nation has beet tooA00 field 41'4 tulles south and Cox and Walker re-opened the rlightly east of Production in the Ter- started near here Millard Nep old test and cleaned out to 5600 or vItlesuftheldir nv 4 140nwilleg975ortfletewtie fit tune senior vice president of Texa: feet and set 412-inch production cas- uirre oa Co s'Nitiohtil rftiil Eastern Transmission Corp saa ing to that depth perforating 32-119'N'A-A11'! and 23: ntiles west of here feet in the Pettit lime It'Er'''Iotin'sTemin tets7 The site is at the center of tho and cleaning and flowing an un- 9254 feet Mowing gas on drillstem tes)t Barber's Hill salt dome a gian estimated amount of oil to pits tiAoiclio-91s oTeecloatmled underground deposit of pure sal In Caddo Parish about It miles tishine at 7400 feet located on State Highway Ifri new south of the discovery well for Alont Belvieu about 25 miles eas tirokollo about tfilllinek west th)ef of here Neptune said the new Missionary Lake field Crow Drilling and Producing Co the nearest oroducer in the field wait- The first storage well commonb was (trilling ahead in the No I 18On OlIf etpttteFriettletes5t after drilling to inch easing to known as a "jug well" wa: Williams south of SW NE i 8750 Net plugging hack perforating spudded Wednesday and will bo 30-23N-14W after recovering shows Noiastl)ao rododid 8tati4itri-15111e fteheet 1 wt he2711r-ioi 1 drilled to about 3500 feet or abou of oil in feet of sand in a cubic feet of gas daily through 211-04- 2500 feet into the salt Upon corn inch choke with shut in easing pressure IN fresh water wil core in the Tki oo sand of 3200 pounds and uerforating 8117-96 pletion the ell and 8154-74 Net in the Lower Ross- be used to wash out a cavity it ton act testing to flow 150000o come ew Locations feet of gas daily through 20-64-inh the salt whi oc a ch will hold 2100000( New exploratory test locations choke with tubing Pressure of 800 gallons of LPG A second jug wet pounds to rnia Co No 1 Fdmiston the same :1 (latt) is planne( staked in the district during the! 2 Vliest ond slitibt Iv soilth of Cr SW' NE DI later this summer week listed by parish included: 11-18N-2IA' about 1 Mileg north-north- BII V1111 east 14 mile south-southeast and '2 I Walk 1 Kendrick SE note east of Colton Valley -7)" sand I Line Also Planned Nw 3134w brt a mile north rooctio in the houdrant field ol a test located 4-odie eastsooto waiting on cement after drilling to When completed this fall hoti 2t25 feet and setting 10 '4 inch surface east of Production in the Alabama Nind Wens voli aggregate a storage ca l'eld coring below 2870 feet in a 3060 Moe to 2625 feet foot test SABINE pacity of 42000000 gallons whict if Nuotst soul hu'est rei Production Co California Co No th-southwes 1 Mrs MarY Bell will be used as an accumulatiot Nat tt 1 Woohlov et al sout of No A-1 Sininer's II copital for Crippled SW SW 35-6N-13W au nit 3'4 miles storage terminal for LPG produce( cHlareo southeast Of sp NW 13- soothwest of the Pendleton field six in the Texas Gulf Coast area an 17N-4W on the man heast flank of the mileS- INCSt of Negreet and 12 miles Sonsboro field aboid a mile east 01! south of zwolle swabbing from perfo- destined for shipment througt Travis Peak gas production old ter I rations 4338-42 feet after drilling to atrintioned ID SoPiember 1955 after '7e2e owt plugging back to 5700 feet Texas Eastern's Little Inch pipe drilling to 6776 feet to clean out an ti I ioang 814-inh finer 4632 ner to 5650 feet test- line to rnidwestern and eastert Oilmen to 85an iti tem ow Hosston ing perforations 5518-70 -26 4640- iTiavhs 'kaki moving in and rigNing 46 and 4668-82 feet and plugging back markets un I VE IrtsTER to 4430 feet The company also will construe! WEBSTE Williatn lk (an Jr No 1 Doke a 12-inch pipeline this summer It Nw NE Nw ios2a about 2401 RObert Roberts No 1 Mrs east of production in the North Shoo- Adkins northwest of SE NW 4-22N- connect the Mont Belvie6 termina 9W off the southeast flank of the Old salon-Red Poik field 2'4 IlliiCS West ith the Little Inch pu mping sta Shongaloo field about is mile south- al the Ilayncsville field and 44 miles borth and 'Ulan eist of Shonealoo to tit of proddetion 14 miles south of tion at Baytown Neptune said i rot a 328i-had sand test die- Shongaloo two notes east of the ging pits and to rog to move tn Dskcsville field and 2'3 MOUS north- I DIS S10Page term gr inal w111 eat oortheast of production in the Cotton 1-- Di increase the flexibility of Texa) Valley field drilling below 5515 feet Wildcat Failures i Plymouth oil Co et at No 1 Thomas Eastern's petroleum products pipe Chrichton Jr et oi Unit west om SW 'Exploratory tests abandoned as SW 13-18N-19W on the west flank line operations Shippers will b( failures in the district during the! leovnfite'lld aanhuoigot tao npt il It able to deliver LPG through exist week lis e1 too ted by parish 0 included: I from perforations 7194-7e-210o feet after ing pipelines to the Mont Belviet to 7 8007 feet setting 4-Inch storage wells at small intermitten 335 feet perfotating and Coolston Drilling and Su a Sunday 5iiit- i -ig tint iling I It 1 rates of flow From there th Contient Oil I A Dmm oiek i --P11-iiiiii' walling on e'l'a tieiciii-coet- ta)lNo I iv ti Estate west of SW NW 20-23N-14WI perryman et al Uhlt NW' NW NW accumulated LPG will be pumpe( a0oo east of a new Tokyo sand 17-18N-8W about 4-Mile north of pro- in periodic batch movements north od find No miles sooth of MissionatY' diction in the Sibley field and Iwo 2'4 Oilioc north of I he Simpson Lake miles north-northwest of production in ward in the Little Inch at pumpint fic and id and 3' miles eil noring theast of Nin a the ke Ada fi tubing eld cleaning through 's-mch rates in excess of 5000 barrels 121 aboned atter nl to 4115 feet cho with pressure of 30 PIN' rtill1W2 Co No I Mal- wroods from perforations feet 000 gallons per hour he said l'''' J1 U'''t ''''d shq1111' north after drilling to 9174 feet plugging The Little Inh ipeli wil of NW' SW NE 4'11-2 0N-14W aout a Lick to 7361 feet and 4's-inch ne mile sordloarot of Dixie '2-mile toroth- CitStrig to 7341J feet waling on Poten- transport the LI'G to delivep elo east of sallow prncuon in the Pine tial test Islaiid fuild 22 iyo'es imilh-mtrthwest Carter Oil Co No I Jim Johnson terminals as far east as Todhuntei Of toe Dixie held 4'4 ou 1V iles sth and est of SE SE 11-17N-8 about 3 Terminal near Cincinnati when ently re sil ssest of icher and 3'4 notes mile south of production in the Ada pout h-southeast of the Pocky font field drilling below 5625 feet additional underground storage fa field abandoned after drilling to 5066 IV IX' clities i etion feet I Sinclair Oil and Otis Co No 7 Lou- are nearng comp Joe 13ander et al No I Roy: ishina-Nebo east of NW NW NE 24- Unlike the dissolved salt cavitie: P'cu 1 c't SW S'W NW 14718N-14W i 11N-4W about (nor miles west of at Mont elvieu the Todhuntel abou mi 4'les northwe st of Shrev- tYmnfield 31-is MilPi south of Calvin port three miles sown and slightly 12's miles south of Eays and eight storage consists of catacombliko skt of the Disie field and three miles north of Atianta on the northniliCS Anuthvast of production in the west flank of the Winnfield salt dome caverns mined from shale bed: Pine Isind held abandoned after drill- drilling below 8298 feet 350 fret below the surface Thi: tog to 1049 fcet I WrittiTUR 20 million cations of cavern stornYi Lig to 1049 fcet WrIVATUR Storage Unit Seen As Nation's Largest Upon Completion HOUSTON of what is expected to become the largest single underground storage reservoir for liquefied petroleum gas (LPG) in the nation has been started near here Millard Neptune senior vice president of Texas Eastern Transmission Corp said here The site is at the center of the Barber's Hill salt dome a giant underground deposit of pure salt located on State Highway 146 near Mont Belvieu about 25 miles east of here Neptune said The first storage well commonly known as a "jug well" was spudded Wednesday and will be drilled to about 3500 feet or about 2500 feet into the salt Upon completion of the well fresh water will be used to wash out a cavity in the salt which will hold 21000000 gallons of LPG A second jug well Of the same capacity is planned later this summer I Line Also Planned When completed this fall both wells will aggregate a storage of 42000000 gallons which will be used as an accumulation terminal for LPG produced in the Texas Gulf Coast area and destined for shipment through Texas Eastern's Little Inch pipe line to midwestern and eastern markets The company also will construct a 12-inch pipeline this summer to connect the Mont Belvie0 terminal with the Little Inch pumping bon at Baytown Neptune said storage terminal will great ly increase the flexibility of Texas Eastern's petroleum products line Operations Shippers will be able to deliver LPG through pipelines to the Mont Belvieu storage wells at small intermittent rates of flow From there the accumulated LPG will be pumped in periodic batch movements ward in the Little Inch at pumping rates in excess of 5000 barrels 000 gallonsi per hour he said The Little Inch pipeline will the LI'G to delivery terminals as far east as Todhunter 000 gallons per hour he said The Little Inch pipeline will transport the LPG to delivery terminals as far east as Todhunter Terminal near Cincinnati where additional underground storage facilities are nearing completion Unlike the dissolved salt cavities at Mont Belvieu the Todhunter storage consists of catacomb-like caverns mined from shale beds 350 fret below the surface This 20 million gallons of cavern storage equipment would take about three weeks The new industry will begin business with a capital investment of $100000 (iliamber Helped Chamber manager Woody Forrester said Langley's decision to establish the plant in Gladewater is an indirect result of the Chamber's concerted drive to find new industry for the city Six of the projects are using en riched-gas or condensing-eas drive These inject either rich casing-head gas or dry gas enriched by liquid methane propane or butane neao gas or Dry gas enricnea Dy liquid methane propane or butane Better Laws Needed Wilkins said the cost of a youth program may he heavy but the money saved mould be worthless it youth is lost The contribution Optimists can make to the betterment of youth is almost limitless he added lie said better laws are needed to safeguard youth against dope racketeers Youth needs better protection against perverted sex literature fed them from the nation's newstands nation's newstands I The techniques will enable rotary drillers to keep the well bore dry Four projects use LPG only and I condition necessary for air or three inject gas at high pressure to gas many wells into achieve the miscible front Water is which water would normally flow used LPG or enriched gas in from underground Applicable to others most sand formations these so- At least a half dozen projects alled "water-shutoff" methods will extend the advantages of using have been abandoned for various reasons including economic fac- air or gas to many new fields tors severe LPG channeling and Itself a recent development breakthrough unsuitable forma- airgas drilling involves forcing air Hens and other reasons or gas down the rotary drillpipe and then up the borehole outside So far the most successful one is the Atlantic Relining Co Block 31 I the pipe to bring up the rock cut- Devonian high-pressure gas project tings produced by the bit In con- ill ventional drilling these cuttings Crane County Tex This pro- are brought up by circulating wagram was started in 1949 and is the ter or mud oldest of the current ones The method used here is limited to Savings Run High reservoirs with high bottom-hole Savings Run High I HUI arc aiteituy az pl-UJCULN III seven states and the number will grow further this year Despite ca- some big disappointments operapacity tors feel that miscible drive has great promise as an important sec-storage ondary-recovery tool This confidence is reflected in the sudden spurt in projects Most of the current field tests have been launched since 1956 At least seven more will be i liquefied Petroleum gas to help coax more oil out of the ground by the end of this year sta- Since most of the field tests are still young it's too early to de-This termine the extent of success But it's not too early for operators to pipe- know that there's still much to be learned about miscible drive exist- One of the biggest lessons al-mg ready learned is that operators must be extremely careful about where and how to use miscible drive which has proved to be a north- costly technique Because of some failures and 121- i headaches the over-enthusiasm of several years ago has given way to a more cautious optimism accord-transport ing to the Oil and Gas Journal here There arc already 32 projects seven states and the number will grow further this year Despite some big disappointments operators feel that miscible drive has great promise as an important secondary-recovery tool This confidence is reflected in the sudden spurt in projects Most of the current field tests have been launched since 1956 At least seven more will be using liquefied petroleum gas to help coax more oil out of the ground by the end of this year Since roost of the field tests are still young it's too early to determine the extent of success But its not too early for operators to know that there's still much to be learned about miscible drive One of the biggest lessons already learned is that operators must be extremely careful about where and how to use miscible drive which has proved to be a costly technique Because of some failures and No definite information was "Most of the state institutions available as to the number of em- 1 for treatment of delinquent youth ployes the small company would are so backward and poorly staffed Lneed initially that they contribute to delinquency 1 Forrester disclosed however rather than aid in rehabilitation of that he had been authorized by youth who get into trouble" Wilk- Langley to accept employment aPins declared plications for heavy duty operators Ile called for Optimist to "roll and laborers The heavy duty per-up then' sleeves" and exercise sonnel he said would include their rights as citizens and taxpay- dragline operators motor grade ers Ile added that the chief con- operators and truck drivers tribution to the welfare of youth is 1 Asked why he decided on Glade in making their lives so wholesome 1 water as a location for his plant that rehabilitation will not be Langley said "The town looks as necessary 1 though it could support a new in-Optimists believe he said that dustry it has all the necessary the world must have better men resources and facilities and I like and the practical means of having that friendly and cooperative better men is to encourage and Chamber of Commerce" develop the youth throughout thel world I By HARRY TAYLOR Journal Oil Editor Institute went to Bouwe Dykstra ()I Shell Oil Co here A Wey- land of Arkansas Fuel Oil Corp at Shreveport Allen of Jersey Research Co at Tulsa Okla Walter Rogers of Gulf Oil Corp at Houston Tex and Dwight seelv of sohio Oil Co in Houston The presentations were made by I Fitzjarral dof Bartlesville Okla manager of the production oepartment of Phillips Petroleum co FitZjarrald told some 750 dele- gates about cost-cutting methods his company has inaugurated 21 2 It' k' Teasdel president of the California Co here Who keynoted Ille ll COterence said cuts in the I ouisiana offshore oil production allowables have resulted in a 64 2 id't revenue decrease for the average 6-8000-foot tidelands well ill the past six years The number of offshore rigs also has dropped considerably he said Speaking on "Keeping Louisiana Oil Healthy" Teasdel offered four i to promote that aim: Increased allowables odification or elimination of certain regulations on offshore operations Widlir spacing of wellS A review of current practices and determination of modilica- tions by the stale Conservation Commission and Mineral Board which could better accomplish the basic objectives for re established LIR vtt icrome Alper Vashington attorney said the Federal Power Commission must learn more about ACTOR'S MOTIIER DIES STUDIO CITY Calif tA't Eva Granger 68 mother of actor Far Icy Granger died Thursday of a heart attack Iler son is appearing in a Broadway play ical liquid and then a gas are pumped down under pressure one after the other into the isolated zone In the second and improved process only gas is injected In either case the gas fingers its way through the fluid (whether chemical or water) mixing and reacting as it goes As precipitate thus forms in the sand pores as far New Processes Seal Out Water Air or Gas Drilling To Benefit Greatly From New Techniques PITTSBURGH Pa The number of drilling operations where air or gas can be used as a circulating fastest most economical type of drilling is expected to be materially increased by nekif processes developed by Gulf Oil Corp for sealing water out of the well bore Savings up to 25 per cent over conventional methods are produced by airgas use chiefly because it increases the rate of drill penetration Airrgas has even helped drive holes at averages of over feet per day in formations where water-circulating wells lumbered down at 175 feet daily It has increased footage per drill bit as much as ten fold Further the airgas method permits the geological characteristics of the well to be more accurately evaluated does not damage the formation as mud and water can do and eliminates costly losses of the tirilling fluid Heretofore these benefits were limited to the few wells that are naturally dry throughout This is because inflowing water changes drill cuttings into a gummy mass which air cannot move and which jams the drillpipe Victory over the watery wells did not come easily The company faced touch the same problem as a householder with a leaky cellar wall Sealants plastered on the inside of such a wall lack roots to hold against the water pressure which thus usually breaks through In a well the problem is complicated by both higher pressure and the difficulty of anchoring a sealant over a leaking area invisible to the driller Previous unsuccessful or uneconomical water shutoff attempts included forcing in plugs with explosives and injecting gelatins fluid plastics or combinations of chemicals Water Isolated Gulf solves the dilemma by first isolating a well's water-producing zone by means of packing above and sometimes below it In the first of the new processes a chem "AA" Quality SIRLOIN 1101 STEAKS lb CHOICE STEAKS I 3-0z I 1 lc ea 12-0z 79c ea 4-0z 21c ea 44 -0 0 zz 1 1 1 1 cc eea a 3-0z1 I 21c ea 50c ea: 4-oz 20c ea 8oz 90c ea I I SHREVEPORT LOCATED AT BOSSIER CITY Evninration Dril A ng Inc No 1 r(whran et al ist NE SF NW onore -11 RI Sllek botl 31i iniie nnrth of old production )r) the Sareota fluid it ea and three ri i south of springhilh abandoned at ter drilling to 3130 feet '4 A mifilinax Nn Courh enst- meet Of NW NW 7-1ON-I Wont 1 trilr5 vk est-soldhv-est of the ornads 2 miles north And 1Ight1N eA of SmIt ad 2' mlies to o1509 al-Ifndoned after drill- NEW ORLEANS oilmen 1 feet i hold certificates of recognition of Other Activity 1 their services to the industry to-Other ikildcat and significant day istr field ict drilling activity in the listed oc al The aards made yesterday at during the week by parishes included: the opening ot a two-day confer ence of the Southern production di BIENVII I i vision of the American Petroleum pressures The Atlantic project has had no gas channeling or breakthrough Daily production is holding steady at top allowable level of 15400 barrels daily Shamrock Oil and Gas Corp also says its propane-butane injection project is highly successful at Brumley lease West Panhandle field Tex Recovery has climbed and the great bulk of LPG is coming back Most of the present field tests are in Texas and Oklahoma with others in Louisiana California Wyoming New Mexico and Nebraska WPRA Re-Elects Staff Officials TULSA Okla Paul Williams secretary treasurer of the Western Petroleum Refiners Association since 1955 was re-elected by the WPRA board of directors at its first meeting with 16 newly elected members Miss Virginia Campbell of Tulsa was re-elected assistant treasurer and Fayette Dow of Washington DC vas re-elected general counsel The WPRA board also voted to return to San Antonio Tex for the association's 48th annual meeting at dates to be announced later ELECTED BANK PRESIDENT FORT WORTH fItti Lewis Bond a youthful petroleum engineer was elected president of the Fort Worth National Bank yesterday Bond 37 was well knOWn for his work in the oil loan divkion of the bank 8-oz Bacon Wrapped MIGNON OF got BEEF STEAKS to ea FOR THE GOURMET Net Wt Pet Box 5-Lb ITEM ESS STRIP STEAKS Fli 0 SIRLOIN back as the injected material ex- Board members re-elected were tends When pressure is relaxed Edgar Queeny of St Louis and the water mass presses back Ichairman: Charles Allen Thomas against this seal it packs the ma- of St Louis Charles Cheston of terial tighter furthering the plug- Philadelphia Fredrick Eaton of ging action New York John Gillis of St The seal which results has Louis Carroll A llochwalt of St proved 99 to 100 per cent effective Louis Ilerbert Hoover Jr of Los in field trials against water flow Angeles Trueman Martin of El varying from two to 2200 gallons Dorado William Schneider of per hour 1St Louis and Felix Williams of Commercially available gas and St Louis very simple equipment are used At the March hoard meeting folwith the latest process Gulf is lowing the annual meeting of making both developments avail- shareowners the hoard re-elected able to the industry through licens- all officers except Vice President log to well servicing organizations i Curtis due to his retirement in The Big Problems One of the biggest drawbacks to miscible drive has been the poor areal sweep efficiency If operators improve the sweep in some way miscible projects will be used more widely More and more operators feel that water injection in conjunction with LPG or enriched gas may be the answer Success of three current projects where water is being used would give miscible drive a big boost Another problem is amount of LPG needed in projects which use the LPG slug method followed by injection of dry gas Operators also find room to disagree over whether miscible drive will work in very low-pressure reservoirs the importance of certain reservoir characteristics and amount of free as in a reservoir before it becomes a deterring factor Third Crop of Oil Some operators are willing to gamble that miscible drive can give them a third crop of oil after water flooding has already taken a second One project is already under way in Oklahoma in a field already swept by the older water-flood method Two more will he started this summer But tertiary recovery presents even more unknowns than the more conventional type of miscible drive One big question is how much LPG will be needed There is hardly any information avallahle on how fast an LPG bank will dissipate on continued contact with water Current Projects Of the 39 projects now operating or planned the most popular type WI US FOR Your GOLDEN Needs I We Deliver diMMMMOM LANE WI EASON SEED CO INC 222 Texas Phone 3-6109 Free Parking at Semon's We Will Stamp Your Ticket 1 a Mow SIMDIN 0 Vicro FOOD ttr I Ten Directors 1 Are Re-Elected 1 Monsanto ST LOUIS members the Monsanto Chemical Co i hoard of directors were re-elected at the 57th annual meeting of 1shareowners here Francis Curtis of St Louis who will reach retirement age month and Thomas 11 Bar 1 ton of El Dorado Ark for reasons of health and age did not stand for re-election to the board Re-Elected iMIIIIIIIMMINIIIMINEIRI SIM: Carpeting LATEX PHONE 542 -0 54 -0542 3903 SOUTHERN will also be ready for use this summer Already in operation at Todhunter are an LPG refraction-Wing plant and a dehydration unit as well as truck and rail loading facilities Sunray Income Down for 1958 TULSA Mid-Continent Oil Co and subsidianes 1958 net income amounted to $406 663623 compared with $48082935 net income excluding net capital gains on sale of securities in 1957 This the company pointed out in the annual report mailed to 130000 stockholders today is a reduction of approximately 15 per cent which was less than the reduction experienced by the average of the oil industry generally in 1958 The 1958 net income after provisions for preferred dividends was $214 per share on 17368590 shares of common stock outstanding at year-end compared with per share earnings of $257 in 1957 excluding profit on sale of securities and alter preferred dividends The company's gross operating income was $372283346 compared with $391519139 in 1937 Costs and expenses were $334507606 compared with $347310564 the previous year trict of the state Department of Conservation today The new locations listed by parish and field were: ('A I) DO Green wood -Wask Milton Crow Inc and John Franke et al No 1 Anisman-Kuher man 2n-17N-15W to drill a 5000-font Mil zone Rodessa test Pine 011 Corp No 310 Caddo Levee Board 2i-20N-16W to di ill a 2350-toot Paluxe sand test Flowers Shrubs Lawns Trees Vegetables vegeta Met VigOM Czwiptit PLANT FOOD available at KahnbachBurckett Co Retail Store 241 Southern Ave Ph 3-713S OPEN TO THE PUBLIC ONE DAY ONLY SATURDAY MARCH 28 l' Wad lc' 1 en Liti of rd SW k- nher CO west NE 10-1aN-IOW about 26-mile east-south- rist of oroductioo In the Alabama Pend field sivibbirig from nerforationa 2992-9ii feet alter di tiling to 1012 feet i i awl etto! prnd- Klein arid Carut hors No I T''ic Vk rt and slightik north of SW i NE 2-IiiN-8W about 22 miles northvccit of Ada :014 011ie5 SttlithWet tit the Minden field two milek weld of the Dariey held and 51'2 miles west- northwokt of Gibrand drilling below i nriliihg CO Inc Al I oil Gas Co et fli 4: NE SE 914N-7W about ir-intle riailticAit of the dui-rovcry well for the COO4Nktql Cit4tor fit'ict 4:4 mile south- cast of Castor five Ili( north and Nlightly eiat of tioihiind and 612 vcst-sotoilvet 0 of Luc ng Lucky drilli be- low 47 1 7 fre It I cox and Wilker 1 Filla Dee ilor- ton NE SE 11-16N-11W FiiOolt 121 iiii104 east of abanclimed production in the Elm Gum! field 1'4 111111'4 NOtith4 C-t Of nit' ilhondon tr1 Koran fiel 1 '2 l'ake old hole sillith-kontlilACSi of Koran phandoned on Julie Illki by (1w et al alter drilling to grief) feet incileat id new dicurirv tkPli Alt- Ing on tank for running gauge after nut to 50ino tot selling 4i4inch cring to 5rilat feet' perforating 511101-1' feet ill the CH lit and Cleiti 1114Z all(1 an iiiiknr41ed airmint of oil in pits CI llun Ig IC! Scrigialik 2955 te'l 2 ry kroe No Shinn kviit-noitilkicet of SE NW Sr 20W2ilNi-1 SW about 1744 miles north of the SIttit-O4ort 1ke tittill P-4 mile mtht of Wardview 4'2 miles east 1 ino iiihtiN mill Nilo and four milek south-sootheast of Mis sionai Yo 0 tiling liclow 4 Kilyii71 ariv 2 eel No I Corm Kiiioy and i SE SW NE 2822N-I2W about 10-Mile north of on tillIIMIlt(1 Smackover dim- cvor bs lY 2' 2 no nor th of Mount: 2'4 mile wet ot the South Saretaa i field mid like miles kouth of ihc Red Lind I leil Malting on potential tf1 kor di tiling to 9525 toot petting 5'2- inch co-log to 9439 feet perforating feet and aeolintig tionittf' NO 1 Ut)sitil Oil and and 0 NW' 1 Wi a boot ton miles norlh-northeast of Houton' 2'4 to I IfA S011ihWV I of the itelltOO field 3' 4 IlillUS hot th of the Siii f'Irt alui 24 Mdett of Alden hrldEC in the Alden firidge held alga ririlling below 467I feet 1 vA Dim I Arthur Ciale 1 City of Shreve- i Arthur Cooly City of Shreve- 01)1) Armstrong Linoleum and RUBBER BASE Approx Approx 1 I I Portion Sus Portion Cott 0 I Zs 5-Lb1 1 BRIE RISBON LEAN (ROUND BEEF PArtIES WEIRMIE ODAIINal 51-b 5 Lb I SUPRIMF PONFIS -I I RI EYE STEAKS EU 5- I Lb I CFNUINE PORK CHOPS 5-lb BREADED PORK I I STEAKS 3-Lb I GENUINE SPRING LAMB CHOPS I LOIN rT BONE) 5-113I CLUB STEAKS 5-Ibi I GENUINE MILK FED I VEAL CUTLETS I IL CHOICE CLUB STEAKS 541) Also 26 Beautiful Colors While it Gallon '14 2 9 MANY OTHER ITEMS TO CHOOSE FROM ABOVE SPECIALS SATURDAY ONLY 93 US GOVERNMENT INSPECTED OIL 11SE MILDEW VNI) rArsT Fon tIE st itrAcus SOUTHERN It OCKLEY s-- as-iiioi "110 1 AA "kW CliVIL rod north of SW NI'l SW li2-18N-1 the producer's problems and the at Fort limo hog le the city of Shievetuirt and the hiediteiet field producer and landowner must learn Area aholit a mile irth end 2'4 hillei more about the FI1C's responsibillrat tf the oriere-t Cotton Valley fst 10 drill on lid-feot Cotton Valley UPS led waitiliti oil city Pro rierlint No The conference ends today with Crow Dialling lurid ducing Co i Williatiet sotith of SW NE lia- the reacting of 13 papers on tech2-A-iox Rtiifit 114 of oeith of the ia cs tpi dsr-s d1 or th new Nl 44 iesinear I Ake ield 2la miles north ot he Sitimion Lake field 2'4 roles eict-' tioi itleat of Two Mew Field Test siiiithead lea Add 4li toilet' cad of the Ho'ie Co id (It dhow helow in Area feet cohn hi 291038 fret find reenVerinSt hAetl eti slum A i' Sites Staked (AnwitF tki)Cylnlia Prilolcieia to No I Shrin-1 hii ilodilial-liiiciellnd Unit mull of i Locations for two new field tests Nw alacoit 4 mile! north- were staked in the Shreveport disriot 01 Soleclioter lirne inediction in' 4 4 4 STANDARD MEAT CO OF BOSSIER FROZEN FOORS SI 16 Per GM MIWAlaMitliTtaNi4 011013010111VCOPA to11014 1900 BARKSDALE BLVD loo 41)ladli4tekthitabillimiewmainiiitaftdoAlt4iikaiomiwai600ligorAOd ro 01014 0toRrAllunh4o0" "oh104e4 ft" 0f0AlvtAlk Pt 44 Ask.

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About The Shreveport Journal Archive

Pages Available:
996,924
Years Available:
1895-1991