Fort Worth Star-Telegram from Fort Worth, Texas • 28

Ntr-NrSrvit logyVTItrirNri NO' Nr-v-irele-v-NeNir 16-49-y 41- :1 PAGE EIGHT-SECTION OIL NEWS-MOST COMPLETE COVERAGE IN TEXAS COMPLETE AS FORT WORTH STAR-TELEGRAM SUNDAY OCTOBER 15-1961 1 11 111 th 41 raj" ghat it a I tt -11171- 114 i 17' I I emi41)'''it 101 tt efs -i-: i ib-: rtimitotab Deaf Smith And Parmer Gel Wildcats 1 4 Be 'I if-A 4: 1 i tkog- 0 1' s' 1 s- i f-' L) 1 4i 1 7 I oo 1 vl 1 fl: 'i V- 4 4-0- ilk -1 i i 41104 2 m11 vember Allowable will OIL CALENDAR Cooit Sand: FOR FORT WORTH Decided Wednesday Society of rid Petroleum Engineers of AIME will meet Tuesday in the retro- -11 cat Due leum Club with a social hour at 5:15 followed by a dinner od and proRgram Field executive director In IMahan November Allowable Will Decided Wednesday Society of Petroleum Engineers of AIME will meet Tuesday in the Petroleum Club with a social hour at 5:15 followed by a dinner and program Field executive director olt Sand Idcal Due Callahan Ashmun Hilliard IlidIvrd have staked two deep wildcats in the Texas Panhandle one each in Deaf Smith and Farmer Counties DEAF SMITH Deeper the pair is the Midland operaters No I A Oppenheim 660 feet from north and 1980 feet from east lines of section 20 block K-3 Vincent Oppenheim survey a 9500-foot wildcat five miles east of Hereford in southeastern Deaf Smith PARMER The operators' No 1 London 660 feet frcm south and west lines of sectiol 10- 4s-4e is a 9400-foot wildcat miles southeast of Friona in northeastern Farmer LIPSCOMB IL Puckett et al Amarillo spotted a 1111fmile west outpost to their dtsliy completed Marmaton lime rind Morrow sand discovery in the Peery pool of western Lipsamb County as No 2 Peery 660 feet from north and 1980 feet from west lines of section 33 block 43 survey an 8000 foot Marmaton test Mayflo Oil Company Dallas plugged at 8920 feet No 1-14 Alex Young section 14 block 10 survey of the Twin City Gasoline Marketers Association will talk on "Gasoline Price Wars and Their Effect on the Petroleum Industry" NOMADS Dow Ilamm vice president and manager of production for Atlantic Refining Company Dallas will be guest speaker at a meeting of the Dallas-Fort Worth chapter of Nomads at 6:30 Monday at the Dallas Athletic Club Ile will give an illustrated talk on "World Oil Needs" Fort Worth Geological Society will have a luncheon meeting Monday noon in the Petroleum Club Dr Berton Scull of Sun Oil Company's research divi sion Dallas will present a paper "Comparison of the Mo Miocene Sedimentation of the Gulf Coast with the Atoktin Sedimentation of the Arkoma Basin" Richard Tarrant Irving a senior at Texas Technological College has received a $300 scholarship 4 from Standard 0-- 4 Oil Company of Texas An electrical -t engineering 3 i' major Tar 1 rant is the son of a 1 it Mrs Tull Tar i''' rant of Irving I addition to the scholar- 11 ship Standard 4 1 I 2 of Texas also 1 has given '1v Texas Tech's Lii petroleum en- RICHARD gineering TARRANT partment a $500 grant for unrestricted use Clayton Nygaard a veteran of 25 years in the oil industry has been appointed district production superintendent of Ambassa dor Oil Corporation Fort Worth in Calgary Alberta Nygaard who will be in charge of Ambassador's Canadian operations will move to Calgary from Billings Mont He had been in the exploration and engineering departments of Standard Oil Company of Ohio for 16 years and with Standard Oil Company of Indiana for nine years prior to joining the Fort Worth firm Among the speakers at the University of Texas Law School's ninth annual taxation conference Oct 26-28 will be Ben Bird Fort Worth attorney who will discuss "Current Oil and Gas Developments" Frank Appleman also of Fort Worth is a member of the planning committee for the conference 249900- 678- BY HARRY HEINECKE AtorTologram Oil Editor The seventh consecutive eight-day producing schedule Is slated to be ordered Wednesday by the Railroad Commission when it holds the regular monthly statewide proration hearing to set the state's oil allowable for November The hearing will be held at 9 a in the Driskill Hotel MO barrels last month to 249900 000 barrels in the last Bureat The New Mexico Conservation of Mines figures Commission will hold its regular The total of crude and product hearing the same day at Roswell stocks is 687800000 barrels 11 Eleven at the major company 9400000 over the total of 678 400000 a month ago crude purchasers have indicated Following is a comparison they will recommend an eight- stocks in millions of barrels: day pattern for November Two Crude Last Month Latest are inclined toward nine days 2446 2491 Gasoline 1912 185 and one may ask for seven Kerosene 355 36: An eight-day pattern would Distillate 1575 166 mean an increase in allowable Residual 496 50: of 48500 barrels daily Nine days Total 6784 6871 would result in an increase of 236400 barrels daily Seven days Osage Sale Scheduled would mean a cut of some 139 PAWIIUSKA Okla Oct I 400 barrels daily sale of 123 Osage oi Inventories have continued to leases will be held at 10 a Wednesday in the Osage Agenc: climb since last month's hearing Auditorium herb The four principal products stocks BY ITARRY HEINECKE MorTeletram Oil Editor eventh consecutive eight-day producing schedule hn nrcloroll Worinnerinv hu Slut Pt1rnI rnmmic- 000 barrels last month to 000 barrels in the last Bureau of Mines figures The total of crude and products stocks is 687800000 barrels up 9400000 over the total of 400000 a month ago Following is a comparison of stocks in millions of barrels: Last Month Latest Crude 2446 2499 Gasoline 1912 1851 Kerosene 355 363 Distillate 1575 1664 Residual 496 501 Total 6784 6378 Osage Sale Scheduled PAWIIUSKA Okla Oct 14 sale of 123 Osage oil leases will be held at 10 a Wednesday in the Osage Agency Auditorium herb SI ar-Telettram Photo White of Pan American Petroleum Corporation seated center has been named president of the Desk Derrick Club of Fort Worth Glenna Brigance left was named first vice president and Katy Mitchell right second vice president Standing are Mabel Matthews corresponding secretary Dodie Ilurston treasurer and Louise Coburn recording secretary A wildcat has been staked In Callahan County and casing set for completion attempt In a Jones County prospect CALLAHAN Champlin Oil Refining Company Fort Worth and Ned Butler Abilene will drill No 1 Amanda Miller 1650 feet from north and 2310 feet from east lines of section 33 survey one mile west of the Eu la Hope sand pool and two miles northwest of Eula in Callahan County Contract depth 1999 feet to test the lower Cook sand JONES Megargel Drilling Company Megargel has set 4liinch casing at 42331i feet for completion attempt through pert orations in No 1 Lida Barrett et al Jones survey 286 three miles west of Truby in Jones County A drillstem test at 4189 to 4203 feet recovered 200 feet of gas and five feet of drilling mud Another test of the Palo Pinto at 4229 to 4243 feet surfaced gas in six minutes Recovery was MO feet of oil HO feet of heavily oil-cut mud and no water Corrected total depth is 4239 feet COLEMAN les Operating Company Abilene phigged at 2933 feet No 2 Allen section 64 block 1 survey 114 miles east of the Snave Overall and Jennings sand pool and Pi miles southwest of Valera in Coleman County Fort Worth Magazine Ceases Publication 'dot has been staked in in County and casing set ipletion attempt in a Jones prospect Champlin Oil Company Fort Worth Butler Abilene will 1 Amanda Miller 1650 om north and 2310 feet east lines of section 33 survey one mile west of la Hope sand pool and two torthwest of Eula in Calla ounty Contract depth to test the lower Cook ES Megargel Drilling ny Megargel has set 4'i- asing at 42331i feet for lion attempt through pert in No 1 Lida Barrett Jones survey 266 three west of Truby in Jones illstem test at 4139 to 4203 200 feet of gas 'e feet of drilling mud An-test of the Palo Pinto at 4243 feet surfaced gas In mutes Recovery was tO0 oil HO feet of heavily mud and no water Cortotal depth is 4239 feet EMAN Operat- impany Abilene phigged :3 feet No 2 Allen 64 block 1 GliStil survey les east of the Snave Over1 Jennings sand pool and les southwest of Valera in an County Worth Magazine es Publication Wildcats Slated for 3 West Texas Regions total 437900000 barrels up 4100- 000 since the last hearing Gasoline stocks have been reduced from 191200000 to 185100000 barrels but other products have shown substantial gains Crude stocks also have Increased rising 5300000 from 244600- Wildcats Planned In Eddy and Lea RESIDENT GEOLOGISTS Stale Adds 169 Oil and 41 Gas Wells in Week MIDLAND Oct 14 have been staked in Crane Ward and Gaines Counties Crane venture is Big "6" Drilling Company Houston and Yarborough Midland No 1 Lovelady-University 660 feet from north and voest lines Of section El block 31 University Land survey a 3800 foot Grayburg and San Andres test five miles northwest of Crane Gulf Oil Corporation has acAized with 1000 gallons fractiued with 13000 gallons and sekteduled tests through a casing notch at 5943 feet in No 652 Waddell et al section 11 block 13-21 psi survey one mile south of Ellenburger production in the North Sand Hills multipay pool along with condensate and water on tests of the Devonian through perforations at 13930 to 13942 feet after being acidized with 1000 gallons and fractured with 10000 gallons The lower Bend then was tested through perforations at 12670 to 12920 feet after treatment with 1000 gallons of acid drilled by Kendrick as No 1 Fox and plugged Nov 6 1952 Service Petroleum Company No 1-D Green section 283 block 2 survey half-mile east outpost the Hunsaker Strawn pool in Fisher County pumped 28 barrels of oil in 12 hours from the StrAwn through perforations at 5718 to 5726 feet after being acidried with 500 gallons Tcsting continued Eamon Dallas had reperforated casing at (021 to 6926 feet for furth tests of the Strawn reef lime in No I Wallace Estate section 34 block 12 HOC survey thee quarters of a mile northwest of the Nena Lucia Strawn pool in Nolan County was slated after washing the Canyon sand with right barrels of mud acid and fracturing it with 5200 gallons through perforations at 5001 to 5005 feet in Tucker Drilling Company Inc et al San Angelo No I Mary Hays section 1596 Fobert McRea survey A-522 VA miles east northeast of its Nrrtheast IAR 5150-foot Canyon pool opener in Coke County Oil WPS recovered on drillstem tests between 4968 and 5004 feet International Oilman a magazine with headquarers in Fort Worth has suspended publication with the September issue Orchard Lisle president and publisher said "The day of the independent one-magazine Indus-- trial publisher rapidly draws to its close" because rivalry or curtailed advertising budgets in the oil industry has been intensified The magazine was founded as "The Oil Forum" 16 years ago and moved from New York to Fort Worth in May 1950 'national Oilman a month igazine with beadquarers rt Worth has suspended )tion with the September irchard Lisle president and ler said "The day of the ndent one-magazine Indus- mblisher rapidly draws to ose" because rivalry tor ed advertising budgets in industry has been intensi magazine was foundel Oil Forum" 16 years ago roved from New York to Vorth in May 1950 AUSTIN Oct 11 (A'--Tlle ioad Commission reorted Saturday 169 oil wells and 41 gas M'clIS were drilled in Texas last week bringing the year's toals to 7411 oil and 2437 gas wells This compares with 7773 oil and 1582 gas wells drilled by this time a year ago Wildcatters brought in five oil and 14 gas wells Two wildcat oil wells each were in Districts 2 and 7-13 One was In District 4 Six wildcat gas wells were in 4 four in District 2 two in District 1 and one each in Districts 7-C and 10 Wells plugged totaled 143 Including 86 dry holes Average calendar day al'owAle was 2657547 barrels a 6710- barrel increase from the week before 4 I a a Ti it 1 1 1 ted 1 1 I 1 1 1 1 a a it Foreign Flow Exceeds US Crude Output HOBBS Oct 14 Eddy ana Lea Counties each drew a new wildcat Saturday Roach Drilling Company Artesia will drill the 1300-foot Queen sand wildcat 14 miles north of Carlsbad in Eddy as No 1 Pure-State 19C0 feet Imiri north and east lines of section 36-19s-27e Oil Company staked the 8500-foot Abo wildcat five miles southwest of Monument on the west side of shallow production in the Monument pool of Lea as No 2-AB-14 Sanderson 663 feet from north and 640 feet from west lines of section 14-20s 26e Humble Oil Refining Company's No 1-BL New Mexico-State section 16-13s-32e northwestern Lea wildcat one mile east of the shallow Caprock pool flowed 35 barrels of new oil and two barrels of water on latest 24- hour test of the Pennsylvanian through quarter-inch choke and perforations at 11050 to 11060 feet Testing continued in pay pre viously washed with 2500 gallons of mud acid and fractured with 10000 gallons Ten-hour swabbing test of the Bend recovered 17 barrels of load water 101i barrels of acid water and one barrel of mud in Ohio Oil Company's No 1-A-24 Ohio Wilson-State section 2421s34e deep wildcat in the shallow Wilson pool Testing continued through perforations at 12504 to 12545 feet Section had been washed with 2000 gallons of mud acid Earlier the project showed some gas Dan Krause Resigns Post With Cosden BIG SPRING Oct 14 (SpI)-- Dan Krause has announced his resignation as senior vice president of Cosden Petroleum Corporation effective Nov 15 He will join Dresser Indus tries Inc in Dallas as a vice president and will work with Dresser companies handling oil and gas drilling equipment and related services Krause senior vice president of Cosden and head of its refining and chemical division since 1957 joined the company here in 1949 as control officer and served successively as assistant to the president manager of manufacturing and vice president prior to assuming his present post He was with Sinclair Refining Company's research and development division for two years prior to joining Cosden 110 Tests Under Way In Algerian Sahara Tests Under Way Llgerian Sahara and surrounded by shallow pro- duction in the Sand Hills pool The project had yielded gas and oil on a drillstem test at 5939 to 5979 feet and was tested through a casing notch at 5954 feet after injection of 500 gallons of mud acid and 13000 gallons of fracture fluid Ward Davis Payne Midland will drill No 1 Sealy Smith 660 feet from south and 1000 feet from east ines ef ETC-Lion 79 block A Furey a 4000-foot QIIP11 wiliaat two miles west of Monahans No Tobe Foster NCT-2 PAO feet from north and west hoes of league 306 Dawson County SAW Lands survey 10 miles southeast of Seminole in Gaines be drilled to 9700 feet to test lower Wolf-camp in the Bottonfield upper Vt'olfcamp pool producing fr3m 9200 feet Scisson Abilene will ask a new pool designation for No 1 Jennie Coffee section 121 block 3 survey completed in the Strawn reef two miles northeast of Snyder in Scurry County and lye miles oast of the North Snyder Strawn reef lime pool The well flowed 139 barrels of 38 gravity oil per day through 16-64-inch choke and perforations at 7157 to 7172 feet after being washed with 250 gallons of mud acid Gas-oil ratio was 600-1 Oil Corporation Midland will drill a three-quarters-mile southeast outpost to the Toro Delaware sand pool of Reeves County 20 miles south southeast of Pecos as No 1-S Reeves Fee 1980 feet from socth Pnd east lines of section blodc 50 T-8 survey a 5400 foot test '61 Ltd et al Midland were reparing to run casing after pat kers failed on an attempted straddle test of the upper Devonian between 9836 end 10030 feet in No 1 Cotter section 29 surTy certificate 142 two miles northeast of Rankin and one location no' th of the dual Strawn and Ellunburger discovery of the Blue Danube pool in Upton County Total depth is 11006 feet Three-hour drillstem test at 906i to 9320 feet surfaced as in four minutes and returned 90 feet of 1as-cut mud plus 900 feet of heavily oil and gas-cut mud Oil Corn-pony Abilene had deepened from 4786 to 5123 feet and was lire-oaring to run casing for tests of the Bend conglomerate in No 1-A It Fox Blakley survey southeastern Haskell County wildcat 15 miles east of Stamford and five-eighths of a mile northeast of production in the Haskell Coonty regular pool The operation originally was Wildcats Will Be Drilled In Jack Knox Counties Appointment of two "resident geologists" has been announced by Lion Oil Company a division of Monsanto Chemical Company under an advancement plan established last November for geologists and geophysicists The appointments went to Carl Youngren district geologist for 1m Oil Company Ltd a Monsanto subsidiary operated by Lion at Calgary Alberta and to Leslie Andrews Denver Colo a senior geologist for Lion's Denver district First appointment under the plan was made last December when A Dickinson Houston was advanced to "exploration geologist" second highest of three classifications Third and highest classification is ''senior exploration geologist" Jim Cockrum has been named publications director for Texas Independent Producers Royalty Ov'ners Association at AllStin replacing Larry Goodwyn who resigned recently Cock-rum has been with the industrial education department of the division of extension of the University of Texas for the last 4'42 years Prior to that he was with Offshore Magazine at Conroe and the San Angelo Standard-Times President Thomas I3arger will become chief executive officer of Arabian American Oil Company on Dec 1 when Norman Hardy retires as board chairman of the firm I Brougham and Paul Moot have been named to the newly created posts of senior vice presidents McDonald has resigned as vice president secretary and a director of Aramco effective with his retirement on Dec 31 He will be succeeded as general manager of Arainco's United States offices by Johnston elected a director and secretary of the firm Henry was elected assistant secretary Ile will replace Johnston as assistant general manager of Arameo's offices Ben Hayton has been appointed assistant sales manager of Jefferson Chemical Company Inc in New York and VanderVoort promoted from New York district manager to eastern regional manager ALGIERS Oct 14 total of 110 oil projects are now being worked at Ilassi lIessaoud in the Algerian Sahara according to the firms which have been drilling at the site since it was opened in 1937 IERS Oct 14 tits--A total of projects are now being I at Bassi Messaoud in the an Sahara according to the which have been drilling at te since it was opened in TULSA Oct 14 (SpD States crude production in the last five years increased 1 per cent while foreign country gains ranged up to more than 100 per cent A five-year analysis by the Independent Petroleum Association of America in its magazine Independent Petroleum Monthly showed the failure of output to rise was caused by several factors but was not because of inability to produce Daily productive capacity increased by 1000000 in the period the IPAA study showed and shut-in capacity now is some 3000000 barrels daily Factors contributing to the flat rate of If output include a slower growth rate of demand increased production of natural gas and its liquids improved refinery techniques and increasing imports Increases by principal areas were: 1 per cent Canada 34 per cent Venezuela 23 per cent other Western Hemisphere 58 per cent Middle East 55 per cent Soviet Union and satellites 108 per cent and other Eastern Hemisphere 109 per cent Wildcats have been staked in Jack and Knox Counties and reentry project slated in Parker County Waggoner Estate Vernon will drill No 1 Otis Henderson 1253 feet from south and 330 feet from west lines of Counts survey A-1244 miles southeast of Jack County regular pool production and four miles northwest of Jackshoro Contract depth is 3500 feet 2100-foot wildcat Ar 300 At 07 Meeting ABILENE Oct 14 will include Carl Hill Dallas' More than 300 are expected to vice president of Lone Star Gas attend the 23th annual meeting Company Hugh Steen El Paso of the West Central Texas Oil St vice president of El Paso Na Gas Association meeting here tural Gas Company and Howard Thursday Morgan Washington vice chair Various aspects of the natural man of the Federal Power Corn gas industry will highlight the mission Also on the morning pro morning program The speakers gram will be Alden Lancaster will include Carl Hill Dallas' vice president of Lone Star Gas Company Hugh Steen El Paso vice president of El Paso Natural Gas Company and Howard Morgan Washington vice chairman of the Federal Power Commission Also on the morning program will be Alden Lancaster cted eetmg include Carl Hill Dallas' resident of Lone Star Gas any Hugh Steen El Paso president of El Paso Na Gas Company and Howard ln Washington vice chair of the Federal Power CornDn Also on the morning pro will be Alden Lancaster USSR Expanding Tanker Fleet to Aid World Trade Wildcat to Be Drilled In Johnson lington Oil Corporation Fort Worth No 1 Waggoner Estate is planned 8499 feet from south and 2833 feet from west lines of section 5 Thompson survey A-624 approximately one mile southeast of a 2326-foot dry hole and seven miles north of Vera in Knox Sweet Hobbs No 1 White section 390 block 2 survey A-1571 half a mile west southwest of the North Knox City Canyon pool and miles north of Knox City was quit at 2432 feet Meeker Fort Worthwill re-enter clean out to 4400 feet and test No 1 Woody 660 feet from most northerly north line and most easterly west line of A Deal survey A-2104 three-quarters mile southeast of the West Poolville oil and gas area and one mile south of Poolville in Parker County It originally was drilled by Continental Oil Company In April of 1946 and plugged at 6541 feet Oil Company of Texas plugged at 5956 feet No I Glen Miller section 6 SP survey A-1588 five miles northwest of Seymour in Baylor County Inc No 1 Morris section 106 block 16 IISLTC survey seven miles east of the Conley multipay pool and three miles east of Medicine Mound in Ilardeman County was abandoned at 8617 feet Dallas of the Travelers Insurance Company who will discuss salt water pollution New officers will be elected at the noon luncheon with President Sam Robertson Abilene presiding Maj Gen Austin Davis commander of the weapons system division of the Air Force from Wright-Patterson Air Force Base Ohio will give the princi7 pal address A directors meeting will be held in the afternoon The atinual membership banquet and entertainment will be held ot 6:30 in Cooper High School Meeting headquarters will be the Hotel Windsor of the Travelers InsurCompany who will discuss water pollution officers will be elected at Don luncheon with President Robertson Abilene presidklaj Gen Austin Davis lander of the weapons sysdivision of the Air Force Wright-Patterson Air Force Ohio will give the princi iddress directors meeting will be in the afternoon The am-membership banquet and tainment will be held tit in Cooper High School ing headquarters will be the Windsor Service Contractors Set Annual Meeting DALLAS Oct 14 1962 ATLANTA Oct 14 An interior department official said the Soviet Union is making determined efforts to capture a larger rhare of the world oil trade rnd is expanding its tanker fleet The official Donald Frendzel of the 13ureau of Mines' foreign activities division said that during the last 10 years Russia has increased its tanker fleet by 108 vessels representing 90 per cent of its total present tonnape and plans a further substantial expansion by 1965 The fleet at the end of 1960 consisted of about 130 vessels he added Frendzel discussed growth characteristics of the Russian tanker fleet in a speech prepared for the annual Quartermaster Association convention Ile pointed out that Russia is now the worlds secand largest crude producer but even with the emphasis the nation has put on tankers Russia today as only per cent of the carrying capacity of the world tanker fleet convention of the Oil Well Serv icing Contractors will be held in Dallas Jan 18-20 Lamar Deu Free new executive secretary of the group announced the convention dates Ile predicted a large attendance 4::::4 403' S7e 41e -'5 :4: i t-''''' evoks 4 -el- '17 7 1 0 1 1 4 I tV tr 14 Carter Gifford Oil Compnny Dallas will drill an 8500-foot wildcat three miles southeast of Mansfield in the northeast corner of Johnson County as No 1 Nora Anderson 660 feet from the most southerly northeast corner of a 200-acre lease and the Cresanto Vela survey HENDERSON Simmons Associates Kilgore has completed No I Island Fish Game Club in the William Keese survey as a Bacon lime oil discovery 814 miles southwest of Malakof in the Northwest Cayuga gas field of Henderson County The strike flowed 466 barrels of 432 gravity oil per day threugh I6-64-itrh choke and perforations at 7462 to 7464 feet Gas oil ratio was 670-1 Oil Keeps Coming Back Mixed-Up Water Well Useless to Farmer Pure Defends Price Cuts ire Defendsi Ice Cuts SAM ROBERTSON Oil Company will drill a 11580-foot Rodersa wildcat 3ti miles northwest of Love lady in Houston County as No 1 II LaRue 467 feet from northeast and northwest lines of a 120-acre tract in the John Chairs survey Senator Anderson to Talk At Annual IPAA Meeting MATES JOINS AMOCO Jim Mayes former Tulsa district editor of Petroleum Week has joined American Oil Company at Chicago as an advanced writer in its public relations department Mayes a native Texan was oil editor of the Lubbock Avalanche-Journal for four years prior to joining the McGraw-Hill organization at Tulsa Donald A Fitch who was stationed here from 1932 to 1957 as a sales representative in the Fort Worth-Dallas area for the National Tube division of United States Steel Corporation has been appointed manager of sales pipe lines for National Tube at Pittsburgh He succeeds Arthur Elbert Jr recently tamed general manager sales Fitch was assistant manager of sales pipe lines prior to his promotion Phoenix Steel Corporation and Phillips Petroleum Company have announced adaptation of a modified carbon steel for low temperature application in refrigerated carrier tanks The refrigerator barge tanks will be used in transporting petrochemicals from the Gulf Coast to points on the Mississippi River Texas Instruments' Geosciences division is supplying a field party of geophysicists for a gravity and magnetic meter survey of water resources in West Sudan Engineering Course to Open Monday at with collection of statistics on the nation's energy resource Industries IPAA President Alvin Ifcpe San Antonio said Interior Seretary Stewart Udall who had scheduled a speech at the IPAA HOUSTON Oct 14 UP) The Pure Oil Company said its recent crude price cuts were necessary to maintain a competitive posthon "The Pure Oil Company feele it has been unjustly singled out as a price cutter whereas it has not initiated such leading moves7 A Covell of Houston a cm pany vice yresident saki in statement Pure cut its crude postings cents a barrel in the DenvE6 Julesburg Basin of Colorado and Nebraska earlier this week Th0 company cut its price 10 cents a barrel in two East Texas pool and in a Louisiana area The statement said 15000 bar rels a day that took price cute are Pure's own production "we feel that the price adjast7 ments have been made on the basis of fair appraisal of all factors" Covell said IISTON Oct 14 01 The Oil Company said its recent price cuts were necessary iaintain a competitive post he Pure Oil Company been unjustly singled out price cutter whereas it has litiated such leading moves7 Covell of Houston a corn vice president saki in ment re cut its crude postings 15 a barrel in the DenvE6 burg Basin of Colorado and aska earlier this week ThO any cut its price 10 cents a '21 in two East Texas pool! in a Louisiana area statement said 15000 bar a day that took price cuts own production 74 feel that the price adjast7 have been made on the of fair appraisal of all Ts" Covell said leakage from any type of pipe line and the nuisance is raw crude The well is some four miles due north of the old Winburn place where three attempts five years ago to drill a water well ended in a combination of oil and water If it turns out that shallow oil drilling may be started Patti may get in on that but he is not particularly interested at the moment "All I know is that I have water that is useless for drink ing irrigation or anythin There's not enough oil for production I'm tired of hauling water and I'm more interested in a good water well now than oil "I Just hope that if there is oil underground I either strike it in paying quantities or miss it entirely and get a new water well" DENISON Oct 14 (Sp') James Patti who lives a mile east of here has a combination water-oil well that is good for nothing The water is too polluted to use and there is not enough oil to be profitable The cistern-type veil has been in use almost 70 years It is 70 feet deep and the water has remained within four feet of the top for many years Then it filled up with black almost asphaltic type crude Patti pumped it down some 10 feet to get rid of the oil with no luck "I get most of it pumped out one day and it is back the next" he said Oil men were at the Patti place this week-end attempting to find the source It has been definitely established there is no meeting had been forced to cancel his appearance because of an international meeting outside the country Senator Anderson was elected a Congressman in 1910 and was appointed secretary of agriculture by President Harry Truman in 1945 Be resigned that post in 1948 to run for the Senate More than 1200 oil and gas producers from throughout the United States will attend the IPAA sessions Some 200 will participate in committee meetings which will begin Oct 26 HOUSTON Oct 14 top figure in a current Senate study of United States fuel and energy resources Senator Clinton Anderson of New Mexico will be a headline speaker at the 32nd annual meeting of the In dependent Petroleum of America here Oct 30-31 Senator Anderson Is chairman of the Senate interior and insular affairs committee wriich will he responsible for a fuels study authorized by the Senate on Sept 11 Preliminary work has begun COLLEGE STATION Oct 14 (Sp fifth session of the advanced drilling engineering course for petroleum industry personnel will be held at Texas College Monday through Oct 27 Lectures will be given by faculty members of the department of petroleum engineering supplemented by talks by outstanding men of the oil industry Young 'Venture Plugged Texaco Inc No 1 Nichols Meador survey A-I938 half a mile east of a recent Caddo and Bend conglomerate oil discovery and 15 miles southwest of Graham in Young County was abandoned at 4759 feet 4 Akf to ON 016 0440-Ak.