Word: lane
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Dates: during 1940-1949
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California's Lane-Wells Co. has the combination to a safe packed with black gold. It specializes in getting oil from wells that have run dry. By literally shooting out the oil with a gadget called a gun perforator, Lane-Wells has increased the yield of U.S. wells by an estimated $200 million. Last week, with demand for oil at a peak, the company was booming as never before. For five consecutive months, it has grossed more than $1,000,000 a month. With a second-quarter net of $1,143,200, Lane-Wells was earning around...
Electric Trigger. The problem of getting oil out of its protective sand-and-stone armor is as old as the first well. For years oilmen used dynamite, and topped the charge with water. No better method was found until two Los Angeles oil-machinery salesmen, Wilfred G. Lane and Walter T. Wells, tackled the problem in 1932. In a few months they developed their perforator gun, which can fire as many as 128 bullets in any desired direction. Its force is great enough to pierce five layers of steel casing and concrete, make enough fissures in the surrounding strata...
...Union Oil Co.'s La Merced No. 17, which had been abandoned for three years, Lane-Wells's first test resulted in a greater daily flow than the well had ever produced. This summer, on the same site, the company made its 100,000th perforation, rejuvenated the old well all over again. Over 5,000 oil-producing companies in the U.S. are now Lane-Wells customers, at $200 and up per well...
...Pennsylvania Turnpike, motorists can drive 160 miles without shifting gears. From 15 miles east of Pittsburgh to the outskirts of Harrisburg, the four-lane super-highway has no intersections, grade crossings, pedestrians, stoplights, or fixed speed limit (except in its 6.7 miles of tunnels). Going through instead of over the rugged Alleghenies, it has no miles of straightaway, no grade steeper than 3%, no curve requiring a reduction in speed...
...Fort. On Roanoke Island, N.C., archeologists got closer to the unanswered riddle of the "Lost Colony." Results from excavations started over a year ago have convinced Jean C. ("Pinky") Harrington of the National Park Service that he has uncovered the outlines of Fort Raleigh built by Governor Ralph Lane in 1585. The radical shape of the fort (its bastions are on the sides, rather than the corners) is identical with another fort built by Governor Lane in Puerto Rico while en route to Roanoke...